Oireachtas Joint and Select Committees

Wednesday, 4 October 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

EU Budgetary Proposals: Department of Finance

Ms Hazel Ryan:

One of the reasons the Commission’s proposal for Ukraine is so laudable is that it will be built in some ways around the plan which Ukraine will generate about its recovery in the medium term. The idea is that while Europe is going to put €50 billion towards this, we are trying to show that leadership to all other donors and non-EU donors, who will then come in on the plan and will also fund the Ukrainian plan. Europe is trying to show leadership and to cluster support, which is some of the genius of the idea. Certainly, we hope that Europe will show leadership but that others will come in behind us.

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