Exclusive-Top EU official backs multi-trillion plan to rebuild Ukraine


  • World
  • Wednesday, 11 May 2022

FILE PHOTO: Local residents walk past a burned building during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 4, 2022. REUTERS/Alexander Ermochenko

BRUSSELS (Reuters) -A top European official has backed a multi-trillion-euro 'Marshall'-style plan to rebuild Ukraine, pledging the firepower of the EU's lending arm for what he said must be a global rescue effort.

Werner Hoyer, president of the European Investment Bank, said Europe must not be left alone to foot the vast bill that he predicted could run into the trillions.

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