estimate

Ukraine will need roughly €500 billion to rebuild from Russia’s war, a joint assessment by the World Bank, United Nations and European Union said, putting a price tag nearly three times the country’s annual economic output on nationwide recovery as the conflict enters its fifth year. The estimate — about $588 billion — is 12% higher than last year’s figure, reflecting a winter of relentless strikes on the power grid that left millions without heat or electricity. The damage tally runs through the end of December, the report…