EU Commission to create equity fund to aid Ukraine - Scholz
Photo: Ukrainian President Volodymyr Zelenskyy and German Chancellor Olaf Scholz (Getty Images)
The European Commission is planning to create an equity fund to further assist Ukraine, German Chancellor Olaf Scholz says.
Scholz emphasizes that Ukraine currently needs opportunities to improve access to capital for Ukrainian businesses.
“So I want to boast that the European Commission has just announced the creation of an equity fund that will mobilize important funds for Ukraine,” the Chancellor says.
Conference in Berlin
Today and tomorrow, June 12, a conference on Ukraine's recovery will be held in Berlin.
Earlier in his speech, Scholz emphasized the importance of private capital in the efforts to rebuild Ukraine.
At the same time, the German chancellor also spoke about Russia's participation in the peace summit to be held this weekend in Switzerland.
