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Ukraine’s reconstruction may cost €1 trillion and it should start immediately. Ukraine may need as much as €1T in outside assistance to repair the damages inflicted by Russia’s invasion, according to European Investment Bank chief Werner Hoye during his speech at the Forum 2000. “I’ve put the trillion out there because I saw figures in the public space that I consider completely unrealistic when I look at the level of destruction (in Ukraine),” said Hoyer. He also said that the international community should deal with Ukraine’s reconstruction now, without waiting for a "great peace" to arrive. According to him, the main burden of reconstruction will fall on those territories in Ukraine that are free or have been liberated and that now support the functioning of Ukraine's economy. Hoyer also said he’s currently seeking to re-assign EIB commitments worth €1 to €1.5B for the Ukraine reconstruction effort. He may get approval for that as early as this week, reported Bloomberg.
Ukraine, no longer interested in the NATO membership action plan, wants membership. According to the Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna, after six months of Russia's full-scale war, NATO's potential decision on the membership action plan for Ukraine no longer has the same importance as before. According to her, Ukraine has already implemented many of the practices of the Alliance, and its military is now gaining unique combat experience that the military of NATO allies don't have.
The US is preparing a new security aid package for Ukraine. The Biden administration will announce additional security aid for Ukraine shortly, White House national security spokesman John Kirby said on Wednesday. As reported, US President Joe Biden's administration has been helping the Ukrainian military prepare for a southern counteroffensive for the past two months, meeting their requests for military assistance. On Ukraine's Independence Day, the White House announced the largest military aid package to date, of almost $3B. The US has provided Ukraine with about $13B in military aid since Russia started the war against Ukraine on February 24
Security Service seizes assets belonging to wife of arrested pro-Kremlin oligarch Medvedchuk. Three plots of land valued at Hr 2 million ($55,000) belonging to Oksana Marchenko, wife of Viktor Medvedchuk, were seized by the Lviv Oblast department of the Security Service of Ukraine (SBU). The ownership of the land was illegally transferred to Marchenko from the state in 2009, the SBU said. Accused of high treason, Medvedchuk has been under arrest since April.
Ukraine's parliament extends martial law until Nov. 21. The martial law was first imposed in Ukraine on Feb. 24, the day Russia launched its full-scale war.
Russian propaganda accuses Azov of killing the daughter of a Russian ultra-nationalist, Ukraine denies involvement. Daria Dugina, the daughter of Russian imperialist Alexander Dugin, was killed after the car she was driving near Moscow exploded on Aug. 20. In an unprecedented swift statement, Russian authorities said they solved the case within 48 hours. Russia's Interfax news agency quoted the FSB, writing that a woman they call "Natalia Vovk" is behind the attack. According to the FSB, the woman is a Ukrainian citizen, who came to Russia with her underaged daughter and left the country after the alleged assassination. After the FSB published its statement, Russian
12 UKRAINE Country Report September 2022 www.intellinews.com