KYIV, Sept 9 – Ukraine, the European Commission, and the World Bank, jointly that the current cost of reconstruction and recovery in Ukraine amounts to $349 billion, European Commission President Ursula von der Leyen said.

"Ukraine is fighting for democracy and our common values. The EU cannot match the sacrifice Ukraine is enduring but we are mobilising all our instruments to address the most immediate needs, including for housing for internally displaced populations and to repair critical infrastructure. Since the start of Russia's brutal and illegal war of aggression against Ukraine, the EU has mobilised 10 billion euro in financing, humanitarian, emergency and military assistance for Ukraine and another 5 billion euros in financing are in the pipeline. The EU will walk every step of the way with Ukraine to rebuild a democratic, independent and prosperous country on its path to the EU," European Commission President von der Leyen said in a press release on the Commission's website on Friday.