5 Jul 2022 15:26

Germany ready to host conference on Ukraine, Europe makes contributions

MOSCOW. July 5 (Interfax) - Germany is ready to host a Ukraine Reform Conference in 2024, German Economic Cooperation and Development Minister Svenja Schulze said.

Recovery and reforms are elements of the strategic task for the coming years, which is why Germany will host a recovery conference of international experts, Ukrainian media outlets quoted Schulze as saying at the Ukraine Recovery Conference in Lugano on Tuesday. She added that Germany was also ready to host a Ukraine Reform Conference in 2024.

In addition, the German government pledges grants totaling 426 million euros for direct support to Ukraine.

Swedish Minister for International Development Cooperation Matilda Ernkrans said, for her part, that Sweden would contribute another 6 million euros for Ukraine's recovery.

Ernkrans said at the Ukraine Recovery Conference in Lugano on Tuesday she was proud to declare the allocation of another six million euros for the recovery of Ukraine. The money will be granted in coordination with the Ukrainian government and EU institutions to channel the funds to priority areas, she said.

About 1 million euros are assigned for nuclear safeguards, alongside 0.5 million euros for demining, the minister said.

In all, the assistance to Ukraine has exceeded 380 million euros since February 24, Ernkrans said.

In turn, the Netherlands have allotted another 200 million euros for helping Ukraine via the International Monetary Fund, Dutch Foreign Trade and Development Cooperation Minister Liesje Schreinemacher.

In furtherance of the effort towards meeting the most pressing financial needs of Ukraine, Schreinemacher announced the allotment of another 200 million euros via the IMF administered account. The money will fund current needs of the Ukrainian government, such as the payment of salaries to civil servants, teachers and doctors, said at the Ukraine Recovery Conference on Tuesday.

Denmark will provide an assistance package of 13.5 million euros to Ukraine, according to Danish Foreign Minister Jeppe Kofod.

He said at the Ukraine Recovery Conference in Lugano on Tuesday he was pleased to announce the provision of a 13.5-million-euro package to support practical measures before the start of winter.