Full cost of rebuilding Ukraine impossible to quantify, says German finance minister

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

BERLIN - German Finance Minister Christian Lindner said on Tuesday it was impossible to say how much it would cost to rebuild Ukraine as long as fighting with Russia continues, amid European Union d

iscussions on how to fund further aid for Kyiv.

"The Ukrainian side doesn't talk a lot about reconstruction. The priority is stopping the war, the priority is securing the functionality of the Ukrainian state," Lindner said in Brussels after the May meeting of European finance ministers.Providing reconstruction aid to Kyiv was not just the responsibility of Europe, but also international bodies such as the International Monetary Fund, the World Bank and the private banking sector, added Lindner.

He also alluded to the possibility of seizing Russian state assets to help fund reconstruction - a Ukrainian request which the minister said last week was being considered by the Group of Seven nations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines