Headlines

Italy says to sign deal to rebuild Ukraine's Odesa and its cathedral

Published by Global Banking & Finance Review

Posted on January 14, 2025

2 min read

· Last updated: January 27, 2026

Add as preferred source on Google
Rebuilding efforts for Odesa's cathedral in Ukraine following a Russian attack - Global Banking & Finance Review
This image illustrates Italy's agreement to rebuild the damaged Odesa cathedral, a key cultural site in Ukraine, following a devastating missile attack. It highlights Italy's commitment to support Ukraine's reconstruction efforts amid ongoing conflict.
Global Banking & Finance Awards 2026 — Call for Entries

(This April 24, 2024 story has been corrected to fix the funding to 500,000 euros, not 500 million euros, in paragraph 4) ROME (Reuters) - Italy will sign an agreement with Ukraine and the United

Italy to Sign Agreement for Rebuilding Ukraine's Odesa Cathedral

(This April 24, 2024 story has been corrected to fix the funding to 500,000 euros, not 500 million euros, in paragraph 4)

ROME (Reuters) - Italy will sign an agreement with Ukraine and the United Nations' cultural agency UNESCO to rebuild the city of Odesa and its cathedral which was badly damaged by a Russian attack, Foreign Minister Antonio Tajani said on Wednesday.

Ukraine said the Orthodox cathedral was damaged when it was hit during a Russian missile attack on the country's southern port city in July last year. Russia denied responsibility.

"On May 15 we will sign off on a deal with Kyiv and UNESCO here in Rome for the reconstruction of Odesa and its cathedral," Tajani told a question time session in the lower house of parliament.

In February, Italy and UNESCO had already signed an agreement in Kyiv to provide 500,000 euros ($511,000) towards the restoration of the roof of Odesa's Spaso-Preobrazhenskyi, or Transfiguration Cathedral.

"As the G7 presidency, we continue to work for a just peace," Tajani told lawmakers, adding that supporting Ukraine's energy system was also a priority for Italy.

Rome holds the rotating presidency of the Group of Seven (G7) wealthy nations until the end of this year.

($1 = 0.9791 euros)

(Reporting by Matteo Negri and Angelo Amante, editing by Gavin Jones)

Key Takeaways

  • Italy will sign a deal with Ukraine and UNESCO to rebuild Odesa and its cathedral.
  • The cathedral was damaged in a Russian missile attack last year.
  • The agreement includes a 500,000 euro restoration fund.
  • Italy holds the G7 presidency and prioritizes Ukraine's energy system.
  • The deal will be signed in Rome on May 15.

Frequently Asked Questions

What is the main topic?
The article discusses Italy's agreement with Ukraine and UNESCO to rebuild Odesa and its cathedral, damaged by a Russian attack.
What is the funding amount for the reconstruction?
The reconstruction effort is funded with 500,000 euros.
Who are the parties involved in the agreement?
The agreement involves Italy, Ukraine, and UNESCO.

Related Articles

More from Headlines

Explore more articles in the Headlines category