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Home Business

EU chief proposes Ukraine war recovery plan

by News Wires
May 4, 2022
in Business
Ursula von der Leyen

Ursula von der Leyen

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BRUSSELS – European Commission President Ursula von der Leyen proposed on Wednesday launching a recovery package for Ukraine to help it rebuild after the war Russia is waging on its neighbour ends.

“This package should bring massive investment to meet the needs and the necessary reforms,” the EU’s chief executive told the European Parliament after proposing a sixth package of sanctions against Moscow, including an oil embargo.

“Eventually, it will pave the way for Ukraine’s future inside the European Union,” von der Leyen said according to Reuters.

Tags: BUSINESSEuropean UnionRussiaTop_NewsUKRAINE

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