Ukraine needs new Marshall Plan after Russian invasion -EU Commission

FILE PHOTO: European Commissioner for Budget and Administration Johannes Hahn speaks during a news conference at the EU headquarters in Brussels, Belgium December 22, 2021. Virginia Mayo/Pool via REUTERS/File Photo

BRUSSELS (Reuters) - Ukraine will need a reconstruction plan after the war with Russia similar to the one the United States offered to Europe after the Second World War, European Budget Commissioner Johannes Hahn said on Wednesday.

Under the post-World War Two U.S. scheme known as the Marshall Plan, the United States granted Europe the present-day equivalent of some $200 billion over four years in economic and technical assistance.