reconstruction
The head of the Ukrainian agency for reconstruction, Mustafa Nayyem, has handed in his resignation shortly before the start of the next round of talks on rebuilding Ukraine begins in Berlin. "Since November last year, the agency's team has been confronted with constant resistance and the creation of artificial obstacles," Nayyem wrote on Facebook on Monday. In his post Nayyem lamented the underfunding of his agency and excessive bureaucracy, which delayed reconstruction measures. Further work had become impossible since the dismissal of Infrastructure Minister Oleksandr Kubrakov at the beginni...
DPA Breaking News
The German government proposed a 15-point package of support for Ukraine's economic reconstruction in a new paper released on Wednesday. The proposed measures are centred on financial subsidies and low-interest loans for small- and medium-sized businesses in Ukraine as well as investment guarantees for German companies interest in doing business there, the Development Ministry announced on Wednesday. The ministry said it is working with the Ukrainian government to create a financial institution for rebuilding Ukraine modelled after the Kreditanstalt für Wiederaufbau (KfW), a state-owned invest...
DPA Breaking News
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