While ceasefire negotiations between Russia and Ukraine may start soon, experts believe that such an agreement alone won't reverse the war's destruction. Without rapid EU membership and significant financial support, Ukraine's recovery is at risk. Historian Phillips O'Brien emphasized the need for a stable future with secure borders, which hinges on joining the EU. However, Ukraine's economy, deeply affected by the war, faces immense challenges, with an estimated $170 billion in infrastructure damage since the 2022 invasion. This necessitates vast investment for rehabilitation, complicating its integration into Europe.
A simple ceasefire is unlikely to set the stage for undoing the damage from Russia's war, experts say.
Ukraine's economic recovery will be hobbled unless the European Union fast-tracks the war-torn country's membership.
If Ukraine is going to have a chance of rebuilding and being integrated into Europe, it will have to be through a fast-tracked EU membership.
The Kyiv School of Economics estimated that between Russia's full-scale invasion in February 2022 and November last year, Moscow's onslaught had destroyed $170bn of infrastructure.
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