The under-formation Bank for Reconstruction of Ukraine will be run by BlackRock (the world's largest investment portfolio company) and banking giant JPMorgan
by Kyra Adam
Part 1
At the recent European Council the partners again dealt extensively with Ukraine and at one point of the conclusions it is stated:
The European Council underlines the need to ensure, together with partners, stable, predictable and sustainable financial support for Ukraine for the years to come. The European Council reiterates its call for the European Investment Bank, in close cooperation with the Commission and International Financial Institutions, to step up its support for Ukraine’s most urgent infrastructure needs. The European Union also remains committed to supporting Ukraine’s repair, recovery and reconstruction, in coordination with international partners ...
This latest commitment of the EU for "coordination with international partners" is not at all innocent in its ambiguity and requires special attention, because any participation in this vast well means that the relevant sums may also leave our own pockets, the European taxpayers.
And who are the international partners with whom the EU is officially committed, i.e. the European citizens, to reconstruct Ukraine? It is the under-formation Bank for Reconstruction of Ukraine, which will be run by BlackRock, which is the world's largest investment portfolio company, and the banking giant JPMorgan.
The aim is to attract billions of dollars in private investments to help rebuild projects in a war-torn country, according to the related documents.
Article translated from the original source:
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