In Ukraine, the country’s recovery is estimated at $10-30bn annually over 10 years

Ukrainian Prime Minister Denis Shmygal has estimated the country’s recovery through foreign investment at annual tranches of $10bn to $30bn over the next ten years.

“It is important for us that the support of partners is predictable, rhythmic and stable …. Ukraine will need between $10bn and $30bn in annual investments over the next ten years,” he wrote in Telegram.

Earlier, European Commission head Ursula von der Leyen said that the EC would provide Ukraine with the first €1.5bn of proceeds from Russia’s assets in July.

She is also convinced that the new majority in the EP will be “pro-European and pro-Ukrainian”.