The full-scale Russian invasion of Ukraine has severely damaged the whole country. After the war, Ukraine must be rebuilt with eager international assistance. The costs of the possible rebuilding and recovery are estimated to exceed even those of the Marshall Plan: the Ukrainian government recently expected the recovery costs to go up to $1 trillion. It has been already advised that the Marshall Plan-type assistance to post-war Ukraine should consist mostly of grants and, additionally, favorable loans.
Two important milestones happened so far. Ukraine has received an EU candidacy status in June 2022, while it presented its own proposal for post-war recovery at the Lugano conference in the following July. Ukraine will now have to manage two simultaneous tasks: fulfilling accession criteria and undergoing post-war reconstruction. In Lugano, EU representatives simultaneously committed to organizing the broader international efforts in assisting Ukraine. The EU has thus not only committed to showing solidarity but also positioned itself into bringing the two strategic aims into a mutual complementarity.<\/p>\n\n\n\n