Ukraine’s financial needs have been covered to the end of the year, thanks to contributions from the EU and the G7 club of industrialised nations, German Chancellor Olaf Scholz said Thursday.
“The good news is: the financial needs of Kyiv are practically covered to year’s end — the EU and the G7 are playing a decisive role,” Scholz told parliament while warning that Ukraine will need much more in the coming years for reconstruction.
Germany holds the rotating presidency of the G7 and will be hosting a reconstruction conference for Ukraine on Tuesday.
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