400 Billion Euros to revive Ukraine’s economy
In connection with the convening in August of the “Dialog-Europe-Russia” (DER) think tank, the Geopolitical Information Service (GIS) reports that the figure of 400 billion euros for the resuscitation of the Ukrainian economy, including its energy sector, was raised at this meeting by experts.
As critically as such figures should be regarded – and, in contrast to the lead-up to the crisis in Greece and southern Europe, there are few reliable data on the state of the Ukranian economy – they nonetheless offer a glimpse into the sheer scale of the situation...up to this point.
As a comparison: the EU’s share in the first rescue package for Greece was a “mere” 80 billion euro, out of a total amount of 110 billion.