EU Commission President Ursula von der Leyen said the bloc is creating a new ‘Flagship Fund’ pledging billions of euros in investments.

Ukrainian President Volodymyr Zelenskyy and Italian Prime Minister Giorgia Meloni on the first day of the two-day Ukraine Recovery Conference (URC2025), in Rome, Italy, on July 10, 2025. Remo Casilli /Reuters

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Leaders at an annual conference in Rome on rebuilding war-torn Ukraine have pledged more than 10 billion euros ($11.7 billion), Italian Prime Minister Giorgia Meloni said on Thursday.
European Union and Ukrainian leaders gathered in Rome at the Ukraine Recovery Conference 2025 meeting on July 10.

Owen Evans is a UK-based journalist covering a wide range of national stories, with a particular interest in civil liberties and free speech.