Germany will provide a further 37 million euros ($40.12 million) aid to Ukraine for reconstruction, the country's Federal Ministry for Economic Cooperation and Development said Friday.
The announcement came as the country’s foreign minister Annalena Baerbock said that an early end to the war is unlikely.
There cannot be a ceasefire at any price," Baerbock said at a joint press conference in Vilnius with her Lithuanian counterpart Gabrielius Landsbergis.
Baerbock went on to say that a "dictatorial peace" with the Russian President Vladimir Putin will not be accepted.
Stephanie von Ehrlich, a spokeswoman of the Federal Ministry for Economic Cooperation and Development told CNN the 37 million euros would go towards different initiatives:
- Some 22.5 million euros into the reconstruction of the power grid
- 14.4 million euros into rebuilding houses for displaced Ukrainian
- 2 million euros into medical equipment
"My ministry has reallocated funds for this via an emergency program," German Development Minister Svenja Schulze said in a written statement obtained by CNN.
Schulze said the reconstruction of Ukraine will require the solidarity of the international community. "The World Bank was once founded to rebuild Europe after World War II. In the future, it can play an important role in helping Ukraine rebuild," she added.