Netherlands Allocates €300 Million for Ukraine's Recovery
On July 10, the Netherlands confirmed the allocation of €300 million to support Ukraine's recovery in 2025 and 2026.
This announcement was made by Foreign Minister Kaspar Veldkamp during a conference in Rome focused on Ukraine's recovery, as reported by "European Truth".
According to the plan, €30 million will be provided to support Dutch companies working on projects that will aid in Ukraine's recovery through the "Partnership Fund for Ukraine" grant program.
Veldkamp also stated that €52 million will be spent in 2025 on restoring energy infrastructure and water supply.
Additionally, €4 million will be allocated for the construction of a new wing of the Children's Hospital in Lviv in partnership with the Princess Maxima Center for Pediatric Oncology in Utrecht.
These funds are part of a total allocation of over €500 million designated for non-military support to Ukraine in 2025-2026. Earlier, it was announced that €200 million would be allocated, and now the purposes of the remaining funds have been defined.
Veldkamp emphasized that the international community must support Ukraine not only with weapons but also financially, as Russia seeks to destroy Ukrainian society and economy through continuous attacks.
He added that Ukraine's economy must continue to function, as this is crucial for its struggle.
"This is the support behind the front lines. Our financial and economic assistance will also facilitate smoother recovery and reduce reconstruction costs," he noted.
During the conference, an agreement was signed to continue the "Partnership Fund for Ukraine" grant program.
At the end of June, the Netherlands announced a new military assistance package for Ukraine totaling approximately €175 million, complementing the previously announced support of €400 million for maritime security.
Also in June, it was reported that a Belgian minehunter and a Dutch ship had recently been transferred to Ukraine.