The EBRD, the European Commission, and other partners will help Ukraine restart the private investment insurance market. The parties have agreed to create the Ukraine Reconstruction Guarantee Program to help ensure private sector insurance against war risks. In the first stage, the program will focus on the insurance of... #AnnikenHuitfeldt #DenysShmyhal #InsuranceUkraine #InvestmentsinUkraine #MilitaryRiskInsurance #ReconstructionUkraine #YuliyaSvyridenko
The Marshall-Green Plan envisages a green steel industry as a part of Ukraine’s economic recovery. According to the Deputy Head of the Office of the President of Ukraine, Rostyslav Shurma, Ukraine needs $40B to implement the plan’s priorities. At the initial stage of economic recovery, attention wi... #FerrousMetallurgy #MarshallPlanUkraine #MetallurgiaUkraine #ReconstructionUkraine #RostyslavShurma #UkraineRecovery
The US Congress is preparing to confiscate Russian assets to assist Ukraine, and Estonia is the first in the EU to develop a legal confiscation mechanism. The corresponding draft act has been introduced by a bipartisan group of US senators, which primarily concerns the assets of the Central Bank of the Russian Federation. The document is entitled the Re... #ReconstructionUkraine #ReparationsForUkraine #REPOgroup #RussianAssets #RussianAssetsConfiscation
The World Bank’s fund has already collected $920M for Ukraine. The Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF) has already accumulated $920M and received new contributions from the governments of Iceland ($3.6M), Latvia (€2M), and the Ne... #ArupBanerjee #ReconstructionUkraine #UkraineRecovery #URTF #worldbank
Ukraine has presented reconstruction plans to The Council of Europe Development Bank (CEB). On June 9, the Minister of Reconstruction of Ukraine, Oleksandr Kubrakov, presented the priority plans for Ukraine’s reconstruction. The government of Ukraine is interested in the CEB’s particip... #CEB #CEBandUkraine #OleksandrKubrakov #ReconstructionUkraine #UkraineRecovery
Great Britain will attract investment for Ukraine despite the war. Bloomberg writes that the country is developing a military risk insurance scheme that will convince investment, technology, energy, and defense companies to support Ukraine’s recovery with multi... #InvestmentsinUkraine #MilitaryRiskInsurance #ReconstructionUkraine #UkraineRecovery #UKsupportforUkraine
The West and Ukraine have recalculated the recovery needs to $411B. The World Bank, the European Commission, the UN, and the government of Ukraine revised the assessment of Ukraine’s needs for post-war recovery. Now it is $411B, up from $349B, or more than twice... #ReconstructionUkraine #UkraineRecovery #UkraineWarDamages
Poland will become an economic hub for Ukraine. A draft law, currently being worked on in Poland, is designed to insure against the risks of investors who are ready to invest in reconstructing Ukraine. In addition, it would implement business proje... #EconomicHubForUkraine #IrynaVereshchuk #PolandUkraine #ReconstructionUkraine
A new advisory board for the reconstruction of Ukraine will include top economists. The National Council for the Recovery of Ukraine from the Consequences of the War created an advisory council that includes world-famous economic experts, announced Danylo Hetmantsev. The well-known ... #AdvisoryBoard #MatteoPatrone #MichaelMcFaul #ReconstructionUkraine #TymofiyMylovanov