Prime Minister Denis Shmyhal states that, according to recent estimates, the reconstruction of Ukraine will cost approximately 500 billion euros.
"When we talk about the reconstruction of Ukraine, it means that European companies can invest in these efforts. The latest estimates suggest that the reconstruction will cost around 500 billion euros. This reconstruction could become a magnum opus for Europe, uniting and strengthening all our cooperation," Shmyhal said during a joint meeting of the Ukrainian government and the European Commission on Monday in Kyiv.
The Prime Minister noted that Ukraine offers Europe significant strategic advantages: energy resources, important minerals such as lithium, titanium, uranium, natural gas, hydrogen, as well as food security.
"Our renewable energy potential will help the EU achieve its ambitious climate goals. Our gas storage facilities can serve as a reliable reserve during crises... Ukraine is one of the European leaders in digital transformation and IT innovations, both in public administration and the private sector. Our unique digital solutions can enhance the EU's efficiency and improve access to public services for European citizens," Shmyhal added.