German Chancellor Olaf Scholz, who hosted the conference, reinforced his message about creating a “Marshall Plan” for Ukraine as delegates work to support the war-battered nation for decades to come.
European Commission President Ursula von der Leyen said the EU will develop funding for around 18 billion euros ($17.7 billion) for next year, with the Ukrainian government estimating overall needs at $38 billion. Talks on the EU funding are ongoing, even as the disbursement of loans for this year has been halted — partly because of resistance from Germany.
