L o a d i n g . . .

Netherlands Allocates €300 Million for Ukraine's Recovery

On July 10, the Netherlands officially announced the allocation of €300 million for the recovery of Ukraine in 2025 and 2026.

This was reported by Foreign Minister Kaspar Veldkamp during the Ukraine Recovery Conference held in Rome.

According to the minister, €30 million from this amount will be allocated to support Dutch companies in implementing projects aimed at Ukraine's recovery and sustainable development through a grant program.

Veldkamp noted that €52 million will be spent on restoring energy infrastructure and drinking water supply in Ukraine in 2025.

Additionally, €4 million will be allocated for the construction of a new wing of the Children's Hospital in Lviv, in collaboration with the Princess Maxima Center for Pediatric Oncology in Utrecht.

These funds are part of a larger package of non-military support for Ukraine, totaling over €500 million for 2025 and 2026. An earlier announcement had been made regarding €200 million, and now the allocation of the remaining funds has been specified.

Veldkamp emphasized that Russia aims not only for military conquest but also seeks to economically undermine Ukraine through attacks on critical infrastructure. Therefore, it is crucial for the international community to support Ukraine financially and socially, not just militarily.

The economy and society of Ukraine must continue to function, as this is vital for the country's ongoing struggle.

“This is support behind the front lines. Our financial assistance will also contribute to a smoother recovery and reduced reconstruction costs,” he added.

During the conference, the ministers will sign an agreement to continue the grant program.

At the end of June, the Netherlands also announced a new military aid package worth €175 million, complementing the previously allocated €400 million for maritime security.