Reconstruction: News

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Hungary could host Ukraine-Russia peace talks, Magyar says

"Hungary cannot play the decisive role here; that's a matter for the major powers. We can provide diplomatic and humanitarian aid, and Hungary could also be a venue for negotiations," Hungarian Prime Minister Peter Magyar said.

About Reconstruction

Ukraine's reconstruction effort addresses damage estimated at at least $588 billion, according to a World Bank assessment. Russia's full-scale invasion has destroyed or damaged millions of residential buildings, thousands of schools and hospitals, and critical infrastructure across multiple oblasts. International donors and financial institutions coordinate recovery programs through mechanisms including the Multi-Agency Donor Coordination Platform.

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