Germany plans to develop a Marshall Plan to restore Ukraine

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Germany plans to develop a plan to restore Ukraine
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12:20, 24.10.2022

Because of the war, for now, Ukraine should not expect huge investments.



This is reported by the RND media group.

On Monday, the German-Ukrainian Economic Conference is to be held in Berlin, where the position paper "Restoration of Ukraine" will be presented. The Marshall Plan will be taken as a model there.

At the initiative of the Committee for Eastern European Economic Relations, 50 experts compiled a dossier with detailed proposals and wishes regarding the process of economic development in Ukraine. The Committee reported:

We must provide immediate assistance, for example with infrastructure or energy supply, but we must also think about the future.

Because of the war, for now, Ukraine should not expect huge investments. German economists say it will be a gradual process. For which we must prepare now.

According to German companies, international donors and the government in Kyiv should focus on creating quick stimulus for the private sector, following the example of the Marshall Plan for West Germany after World War II.

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Artur Zayonts

Artur Zayonts specialises in news from the frontline. A historian by education, Arthur has always sought to bring depth and context to his journalistic work.

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