Rebuilding Ukraine: The Cost and the Plan

German Development Minister Svenja Schulze has said that Russia should pay for the reconstruction of Ukraine, as they destroyed all the infrastructure and houses. The World Bank estimated the cost of reconstruction at $411 billion in March. Foreign donors pledged around €60 billion in new financial support at the Ukraine Recovery Conference in London. Germany announced €381 million in humanitarian aid. Schulze said that Ukraine remained an attractive potential investment market, particularly in the medium and long term, and that many companies had stayed in Ukraine despite the fighting.