Zelensky reiterates call for Marshall Plan for Ukraine
Despite the West’s massive financial support for Ukraine, President Volodymyr Zelensky is sticking to his thoughts about a sort of Marshall Plan for his country after the war. The international donor conference in Warsaw, which a few hours earlier had raised a little more than six billion euros in support for Kyiv, was “an element of our protection, an element of protection for the whole of Europe,” said Zelensky in his daily video address on Friday night. The fate of Ukraine and Europe is now being decided “not only on the battlefield”, but also in the economic sphere, in the post-war reconstruction of Ukraine.
However, the billions pledged in Warsaw are “only a part of what is really necessary to restore normal life in the entire area to which Russia brought the war”. This requires even greater participation from the free world and international institutions. “That’s why we need a modern analogue of the Marshall Plan for Ukraine.”
With the Marshall Plan, named after the then US Secretary of State George Marshall, the United States had supported reconstruction in Western Europe with billions in the years after the Second World War. At that time, a total of almost 14 billion US dollars were distributed to European countries – estimated at today’s value 140 billion dollars (around 132.7 billion euros).
Zelensky had high hopes for the newly established website United24, through which donations for Ukraine can be paid. “Because Ukraine needs up to $7 billion a month to cover the state budget deficit,” he said. A total of over 600 billion US dollars has already been spent on rebuilding the infrastructure destroyed by the Russian army. “Imagine this magnitude!” (dpa)