European Commission President Ursula von der Leyen announced a new fund for the reconstruction of Ukraine, which she called the largest equity fund in the world to support the war-torn country, reports Euronews.

The most powerful EU official faces a challenge to her authority, if not her hold on office, thanks to a censure motion. Center-left EU lawmakers seized the moment to slam cooperation with the far right.

European Commission President Ursula von der Leyen told the Ukraine Recovery Conference in Rome on Thursday that Kyiv can count on the EU now more than ever and announced a new EU equity fund for the reconstruction effort.