© Reuters. SUBMIT PICTURE: Euro banknotes are seen in this image taken July 17, 2022. REUTERS/Dado Ruvic/Illustration
BERLIN (Reuters) – Germany is presently supplying warranties on financial investments amounting to 221 million euros ($ 242 million) in Ukraine, Economic situation Ministry resources stated on Wednesday, complying with a browse through by the economic situation priest to attract assistance for the nation.
Those warranties cover 11 tasks in Ukraine by German firms, the resources stated.
3 brand-new financial investment warranties have actually been included in the listing considering that Russia got into Ukraine in February 2022, they included. These remain in the locations of seeds, manufacturing of structure products and also electronic devices.
The ministry resources additionally mentioned 21 applications to safeguard an additional 48 million euros in financial investments, extending from power manufacturing to farming and also logistics.
Economic Situation Preacher Robert Habeck, that additionally acts as vice chancellor of Germany, checked out Ukraine on Monday and also Tuesday along with a small company delegation.
For aiding reconstruct the war-battered nation, Habeck informed German firms that their resources would certainly be backed by state warranties if they purchased Ukraine currently.
This indicates that if manufacturing facilities were to be harmed or damaged in rocket strikes, the German state would certainly be accountable for those financial investments.
($ 1 = 0.9142 euros)
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