Germany to lend Ukraine over $530M for reconstruction, public services

World Today

Germany plans to focus the hundreds of millions of aid dollars it pledged to Ukraine to rebuilding infrastructure and public services. It comes on the heels of a bailout agreement with the International Monetary Fund last month. CCTV’s Guy Henderson filed this report from Berlin.

Germany to lend Ukraine over $530M for reconstruction, public services

Germany to lend Ukraine over $530M for reconstruction, public services

Germany plans to focus the hundreds-of-millions of aid-dollars it pledged to Ukraine on re-building infrastructure and public services. It comes on top of a bailout agreement with the International Monetary Fund last month. As CCTV's Guy Henderson reports from Berlin-- that's worth nearly $17.5 billion dollars.

Highlights:

  • The fighting in the Ukraine carries an estimated cost of about five million dollars a day.
  • Despite a multi-billion dollar aid package from the International Monetary Fund, analysts say business confidence is still shattered.