Invasion has laid waste to more than £90 billion of infrastructure
Vladimir Putin’s invasion force has laid waste to more than $120bn (£90bn) of Ukraine’s civilian infrastructure by attacking nearly 70 hospitals, more than 300 schools and thousands of other key sites from railway stations to museums, an analysis by i newspaper reveals.
The scale of the destruction has brought added urgency to proposals to put in place a new “Marshall Plan” to rebuild Ukraine. A senior advisor to Ukrainian president Volodymyr Zelensky told i that European countries paying “bloody money” to buy Russian energy should contribute billions of pounds in extra contributions towards such a fund.
Therelentlessbombardment of Ukrainian cities by Kremlin forces has devastated civilian infrastructure across the country, damaging or destroyinghealthcareandeducational facilities, housing and cultural institutions.thetotalcostofthe five-week war to Ukraine and its economy was last estimated to already stand at $560bn (£426bn) and could be as high as nearly $1tn (£760bn).
Plans are already being made within the international communityforavastfundtofinance the resurrection of the country once hostilities cease, with Prime Minister Boris Johnson last month calling for a Marshall Plan-style response – a reference to the American system of grants and loans used to rebuildeuropeafterthesecond World War.
In an interview with i, Oleg Ustenko,chiefeconomicadvisertomrzelensky,laidoutkyiv’s priorities for the funding of reconstruction, calling for the seizure of the Kremlin’s frozen foreign currency reserves, the confiscation of the assets of sanctioned Russian oligarchs and the payment of reparations by Moscow once hostilities cease.
But in a sign of frustration at thetopoftheukrainiangovernment at the continued flow of moneyfromeuropeancapitals to Moscow as countries including Germany pay for Russian energy at an average rate of some $700m (£533m) per day, Mr Ustenko accused EU countries paying for oil and gas of effectively funding the Kremlin’s campaign.
Berlin has signalled support for a Marshall Plan but, along with EU confreres such as Italy and the Netherlands, is also heavily reliant on Russian hydrocarbons.