On 29 March, the European Investment Bank (EIB) approved the ‘EU for Ukraine’ Initiative, a new scheme to finance reconstruction and recovery in Ukraine.
The initiative is conceived as a temporary scheme which will enable European Union member states, the European Commission and other countries and donors to support reconstruction and recovery in Ukraine. The EU for Ukraine Fund will provide credit enhancement to EIB loans for both public and private sector investment.
The EU for Ukraine Initiative will be accompanied by a €100 million dedicated technical assistance package. This will provide best-practice reconstruction advisory expertise in both Ukraine and Moldova and help develop priority investment projects, assisting Ukrainian and Moldovan project promoters facing challenging circumstances.
The EIB also agreed €1.8 billion in financing for sustainable transport, corporate innovation, clean energy, climate action and digitalisation across Europe and around the world.
Find out more
News
-
EU supports development of training centres for the Armed Forces of Ukraine
-
The EU Ambassador to Ukraine, Katarina Maternová, discussed with teachers from Kyiv how to bring the EU closer to young people in Ukraine
-
The EU and France have allocated €4.5 million for the reform of state asset management in Ukraine
-
With EU and Polish support: a modern Psychosocial Support Centre has opened in Bilhorod-Dnistrovskyi
-
A Centre to Assist War Victims Has Opened in Odesa with EU Support
-
Frontline Ukrainian city Dnipro renews public transport fleet with EU support