The Cabinet revealed how much Kryvyi Rih will receive from Luxembourg for its reconstruction efforts.

The Minister for Community and Territorial Development, Oleksii Kuleba, announced that Ukraine and Luxembourg have signed a memorandum of understanding. This agreement will facilitate the project "Support for the Restoration of the Kryvyi Rih District and Kryvyi Rih" with a budget of 50 million euros, as reported by "Vidomo".

According to the Deputy Prime Minister, the implementation of the Memorandum will enhance the quality of local restoration management, create new jobs, stimulate economic development in the region, provide safe and quality education for children, and improve the quality of vocational and technical education. In particular, entrepreneurs will be able to receive grants of up to 100,000 euros.