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    Finance

    Conference Commits Over 10 Billion Euros to Ukraine Rebuilding, Italy Says

    Published by Global Banking & Finance Review®

    Posted on July 10, 2025

    2 min read

    Last updated: January 23, 2026

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    Tags:sustainabilityinternational organizationsfinancial institutionseconomic recoveryinvestment

    Quick Summary

    Italy hosts a conference pledging over €10 billion for Ukraine's recovery, with international support to rebuild homes, hospitals, and businesses.

    Italy Hosts Conference, Pledges Over 10 Billion Euros for Ukraine's Recovery

    By Angelo Amante

    ROME (Reuters) -Participants in a Rome conference on the economic recovery of Ukraine have pledged over 10 billion euros ($11.7 billion) to help the war-torn country, Italian Prime Minister Giorgia Meloni said on Thursday.

    The conference, attended by political leaders including Ukraine's President Volodymyr Zelenskiy, is taking place against a backdrop of further intense drone and missile attacks on Kyiv.

    Speaking at the opening of the conference, Zelenskiy described the attacks as "pure terrorism".

    Meloni and German Chancellor Friedrich Merz cited the recovery of their countries from the ruins of World War Two as an example of what Ukraine could achieve.

    "I think we should be proud of the result we have achieved together today - nations, international organizations, financial institutions, local authorities, the business sector, and civil society," Meloni said in her opening speech at the conference.

    "Together, at today's conference, we have made commitments totaling over 10 billion euros," she added.

    The conference Italy is hosting is the fourth such event since Russia invaded its neighbour in February 2022, and is mainly aimed at mobilising international support for Ukraine.

    The European Commission detailed 2.3 billion euros in support to Ukraine to help it rebuild.

    "With 2.3 billion euros in agreements signed, we aim to unlock up to 10 billion euros in investments to rebuild homes, reopen hospitals, revive businesses, and secure energy," von der Leyen said.

    "We are literally taking a stake in Ukraine's future," she added.($1 = 0.8524 euros)

    (Reporting by Angelo AmanteWriting by Keith WeirEditing by Gavin Jones)

    Key Takeaways

    • •Italy hosted a conference pledging over €10 billion for Ukraine's recovery.
    • •The conference was attended by Ukraine's President Zelenskiy.
    • •European Commission detailed €2.3 billion in support.
    • •The event aimed to mobilize international support for Ukraine.
    • •The conference is the fourth since Russia's invasion in 2022.

    Frequently Asked Questions about Conference commits over 10 billion euros to Ukraine rebuilding, Italy says

    1How much financial support was pledged at the conference?

    Participants pledged over 10 billion euros ($11.7 billion) to help Ukraine.

    2Who attended the conference on Ukraine's recovery?

    The conference was attended by political leaders including Ukraine's President Volodymyr Zelenskiy and Italian Prime Minister Giorgia Meloni.

    3What did Zelenskiy call the attacks on Kyiv?

    Zelenskiy described the attacks as 'pure terrorism' during his speech at the conference.

    4What is the purpose of the conference hosted by Italy?

    The conference aims to mobilize international support for Ukraine's recovery following the Russian invasion.

    5What specific financial commitments did the European Commission make?

    The European Commission detailed 2.3 billion euros in support to help Ukraine rebuild, aiming to unlock up to 10 billion euros in investments.

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