10 years and billions of money: what will restoration of Mariupol cost

The restoration of the Ukrainian city of Mariupol will need $ 14 billion and 7-10 years. This was announced by the mayor of the city Vadim Boychenko, the Ukrainian media write.

According to him, this is a preliminary assessment – the final amount will become clear only after the city returns to Ukraine.

Boychenko said that 1,356 multi-storey buildings were destroyed or damaged due to the war in Mariupol. 40% of the private sector is bombed. Most buildings are not subject to reconstruction, you will have to build new.

The head of the European Commission Ursula von der Lyain on Wednesday, July 6, said that partner countries consider it fair to transfer frozen Russian assets and assets of Russian oligarchs to restore Ukraine. According to her, the European Union is already preparing a legal framework for this. At the moment, the European Commission has froze belonging to Russian businessmen and the Central Bank of the Russian Federation 33 billion euros.