Europe Pledges Over €1.5 Billion for Ukraine Reconstruction

Several European countries have announced significant financial commitments to support the reconstruction of Ukraine amid ongoing conflict and recovery efforts. The Netherlands pledged €300 million for 2025-2026, focusing on energy infrastructure, water supply restoration, and backing Dutch companies involved in Ukraine's sustainable recovery. Latvia has provided over €890 million in aid so far, representing 0.7% of its GDP, and continues to advocate for increased international support, with its minister attending the Ukraine Recovery Conference in Rome. Lithuania approved a €1 million contribution to the EU4Reconstruction program, part of a €37.5 million EU initiative running from 2025 to 2027, aimed at strengthening Ukrainian governance, infrastructure, construction standards, and civil society engagement. Italy announced a €300 million support scheme targeting small and medium enterprises in Ukraine and is hosting the fourth Ukraine Recovery Conference, which gathers global leaders and businesses to mobilize aid and promote Ukraine's reconstruction. These coordinated efforts underscore the European commitment to Ukraine's recovery, reconstruction, and integration reforms.