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Speech by President von der Leyen at the EP Plenary on the social and economic consequences for the EU of the Russian war in Ukraine – reinforcing the EU's capacity to act

· Ursula von der Leyen, President of the European Commission (European Union)

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics, growth, investment and productivity

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· Ursula von der Leyen Wiki · European Commission WikiSpeech by President von der Leyen at the EP Plenary on the social and economic consequences for the EU of the Russian war in Ukraine – reinforcing the EU's capacity to act

Context"The future of the European Union is also written in Ukraine", said President von der Leyen in her speech to the European Parliament. She presented the sixth package of sanctions, as well as the EU relief and reconstruction efforts.

Why it mattersBrussels proposes a rebuilding package for Kyiv tied to reforms and foreign capital.

Problems raised
  1. Russia's war has economic and social costs.
  2. Ukraine's economy is weak.
  3. Investment is needed.
Solutions proposed
  1. Propose a recovery package for Ukraine.
  2. Combine investment with reforms.
  3. Make Ukraine attractive for foreign investment.
Read full speech on ec.europa.eu ↗

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