Ukraine needs four to five billion dollars for its budget every month, Rodnyansky explained. “We believe that Germany could take on around $500 million (around €506 million) a month, especially looking ahead to 2023.” The Ukrainian government is hoping for around two billion dollars a month from the EU as a whole.
According to forecasts, Ukraine’s gross domestic product will collapse by around 35 percent this year as a result of the Russian war of aggression, said the presidential adviser. After the Russian attacks on the Ukrainian infrastructure, he is hoping for emergency aid from the West in the form of diesel generators, emergency generators or mobile power plants.
An international conference on the reconstruction of Ukraine is taking place in Berlin this Tuesday. At the invitation of Federal Chancellor Olaf Scholz (SPD) and EU Commission President Ursula von der Leyen, representatives of governments, international organizations and civil society will take part in the meeting. In addition to Scholz and von der Leyen, Selenskyj will also speak, who will be connected via video.
According to the Federal Government, however, the conference is not about concrete financial commitments, but rather about effective instruments for sustainable reconstruction. According to estimates, Ukraine’s financial requirements are already at least 350 billion euros.
Before the international conference, Scholz promised Ukraine comprehensive economic cooperation. Germany and Ukraine could enter into an “economic and transformation partnership” that “goes deeper and further than any previous partnership,” said the Chancellor on Monday at a German-Ukrainian economic forum.