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Italy says to sign deal to rebuild Ukraine's Odesa and its cathedral
Published by Global Banking and Finance Review
Posted on January 14, 2025
2 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 14, 2025
2 min readLast updated: January 27, 2026
Italy will sign a deal with Ukraine and UNESCO to rebuild Odesa's cathedral, damaged by a Russian attack, with a 500,000 euro fund.
(This April 24, 2024 story has been corrected to fix the funding to 500,000 euros, not 500 million euros, in paragraph 4)
ROME (Reuters) - Italy will sign an agreement with Ukraine and the United Nations' cultural agency UNESCO to rebuild the city of Odesa and its cathedral which was badly damaged by a Russian attack, Foreign Minister Antonio Tajani said on Wednesday.
Ukraine said the Orthodox cathedral was damaged when it was hit during a Russian missile attack on the country's southern port city in July last year. Russia denied responsibility.
"On May 15 we will sign off on a deal with Kyiv and UNESCO here in Rome for the reconstruction of Odesa and its cathedral," Tajani told a question time session in the lower house of parliament.
In February, Italy and UNESCO had already signed an agreement in Kyiv to provide 500,000 euros ($511,000) towards the restoration of the roof of Odesa's Spaso-Preobrazhenskyi, or Transfiguration Cathedral.
"As the G7 presidency, we continue to work for a just peace," Tajani told lawmakers, adding that supporting Ukraine's energy system was also a priority for Italy.
Rome holds the rotating presidency of the Group of Seven (G7) wealthy nations until the end of this year.
($1 = 0.9791 euros)
(Reporting by Matteo Negri and Angelo Amante, editing by Gavin Jones)
The article discusses Italy's agreement with Ukraine and UNESCO to rebuild Odesa and its cathedral, damaged by a Russian attack.
The reconstruction effort is funded with 500,000 euros.
The agreement involves Italy, Ukraine, and UNESCO.
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