International

EU and US Outline $800 Billion Prosperity Framework for Post-War Ukraine

Brussels : The European Union and the United States have unveiled a proposed “prosperity framework” to support Ukraine’s recovery, providing both financial assurances and security guarantees for the country’s post-war stabilization.

The framework, outlined in an 18-page document seen by RFE/RL, suggests that up to $800 billion could be mobilized for Ukraine through 2040, with an immediate goal of meeting $500 billion in reconstruction needs over the next decade.

The initial phase of the plan envisions contributions from the EU, the United States, and international financial institutions, including the International Monetary Fund and the World Bank, totaling $317 billion for reconstruction, $57 billion for private housing, and $126 billion for public and private building projects.

Speaking at an informal European Council meeting last week, European Commission President Ursula von der Leyen said the framework represents a “collective vision of the Ukrainians, Americans, and Europe for Ukraine’s post-war future” and is aimed at boosting the country’s prosperity once a peaceful ceasefire is achieved.

The plan links much of Ukraine’s post-war recovery to rapid progress toward EU accession. It notes that GDPs of Central and Eastern European countries that joined the EU in 2004 and 2007 nearly tripled afterward, suggesting a similar trajectory is possible for Kyiv. However, Hungary’s objections to Ukrainian EU membership—over concerns about the treatment of its Hungarian-speaking minority—remain a significant hurdle.

Other conditions include restoring Ukraine’s access to sovereign debt markets, enabling banks to refocus on lending to small and medium enterprises (SMEs), strengthening property rights and judicial independence, and expanding digital infrastructure to attract global investors.

While the EU has proposed $116 billion for Ukraine in its 2028–2034 multiannual budget, Washington’s contribution has yet to be quantified. The framework indicates that the United States will work to mobilize “significant additional capital” through grants, equity, and debt, to be invested transparently in Ukraine.

The document also anticipates that the return of 2.1 million displaced Ukrainians within two years of war’s end could boost productivity by 5 percent and increase GDP per capita growth.

The framework marks a major step in international efforts to stabilize Ukraine, linking financial support, governance reforms, and EU integration to a long-term vision for post-war economic prosperity.

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