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Reuters: European Investment Bank aims to raise 100 billion euros for Ukraine.

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The lending arm of the EU will propose an investment of $104.3 billion to rebuild Ukraine on July 4 at the Ukraine Recovery Conference in Switzerland, reports Reuters. The EU-Ukraine Gateway Trust Fund would gather contributions from EU countries and budget in grants, loans, and guarantees. The European Commission must give its assent, after which EU countries would then decide whether to contribute.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Hungary is heading into what could be its most consequential election in decades — and Ukraine has become a central issue in the campaign. The Kyiv Independent’s Martin Fornusek reports from Budapest, where Prime Minister Viktor Orban, after 16 years in power, is facing his strongest challenge yet from opposition leader Peter Magyar.

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