A joint updated damage and needs assessment (RDNA5), published on Monday 23 February by the Ukrainian government, the World Bank Group, the European Commission and the United Nations, estimates that by 31 December 2025, after 46 months of war, the total cost of reconstruction and rehabilitation in Ukraine will be almost $588 billion (over €500 billion) over the next ten years. This represents almost three times Ukraine’s estimated nominal GDP for 2025, according to the report. In...