Scholz believes that the restoration of Ukraine will be larger than the “Marshall Plan”

Scholz: Ukraine's recovery will be bigger than the Marshall Plan and will cost billions Recovery of Ukraine after hostilities will be a “big, big task” to be completed by the entire world community, said German Chancellor< source srcset=" 1010w" type="image/webp" media="(max-width: 640px) and (-webkit-min-device-pixel-ratio: 2), (max-width: 640px) and (min-resolution: 192dpi)" >

Rebuilding Ukraine will be larger than the Marshall Plan and will cost billions. This was announced at a press conference in Berlin by German Chancellor Olaf Scholz, reports Handelsblatt.

“It will cost billions. It will be a big, big task that I think is only marginally covered in the Marshall Plan. It's more,— he said, emphasizing that this task must be performed by the entire world community.

“Marshall Plan”— This is a program of post-war assistance to European countries, developed in the United States. Its main goal was to restore the economy of Europe, destroyed after the Second World War, between 1948 and 1952. The plan is named after US Secretary of State George C. Marshall, who proposed the program in 1947. It cost billions of dollars, emphasizes Handelsblatt.

He also dismissed criticism of German arms supplies to Ukraine. “If you look at the list of supplies from Germany, as well as their quality, you will see that this is highly effective and this is exactly what is needed in the current situation,” — emphasized the Chancellor.

Scholz pointed out that the cessation of hostilities can only be with the consent of Ukraine. According to him, only the Ukrainian president, parliament and people can ultimately decide under what conditions the conflict can be resolved. European restoration of Ukraine.

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Back in May, the head of the European Investment Bank (EIB), Werner Hoyer, estimated that trillions of euros could be needed to restore Ukraine. Hoyer stressed that Ukraine should not be left alone with these expenses and the international community should provide it with significant support.

President Volodymyr Zelensky has previously estimated the cost restore the infrastructure and economy of his country at $600 billion. He called on the countries of the world to take patronage over the Ukrainian regions that suffered during the hostilities.

According to him, Kyiv is preparing a large-scale plan for the restoration of Ukraine, but this will also require an international plan, “which will be a modern analogue of the historical” Marshall Plan “.

In July, at a conference in Lugano, Ukraine presented a plan for restoration country in the amount of more than $ 750 billion.

Prime Minister of Ukraine Denys Shmyhal proposed to finance the restoration of the country at the expense of confiscated Russian assets. EU diplomat Josep Borrell also suggested considering withdrawing Russia's frozen foreign exchange reserves to help pay for the cost of rebuilding Ukraine.

The Kremlin called the possible decision to seize Russian assets in favor of Ukraine blatant and illegal. It would be “virtually outright theft,” said presidential spokesman Dmitry Peskov.

Russian President Vladimir Putin said on July 20 that Russia would be involved in the reconstruction of the DPR and LPR for a long time to come. “We all have good months and years ahead of us to put everything [the economy of the DNR and LNR] in order, but we will definitely do it,” — he assured.

According to Putin's instructions, the authorities of the Russian regions began to take responsibility for the restoration of cities in the DPR and LPR. By the end of June, 18 Russian entities had already announced such plans.

Donetsk Prime Minister Vitaly Khotsenko stated that Russia should invest more than 2 trillion rubles. to the economy of the DPR. At the end of February, the head of the LPR, Leonid Pasechnik, estimated the restoration of the republic at 1.5 trillion rubles.

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