News

The European Investment Bank will allocate €450 million to Ukraine

Author:
Anna Kholodnova
Date:

The European Investment Bank (EIB) will allocate €450 million to Ukraine for two recovery projects — Ukraine Recovery III FL and Ukraine Water Recovery FL.

This was reported in the press service of the Ministry of Infrastructure.

If this decision is finally approved by the EIB Board of Directors and the EU4U Donor Committee, the first tranches of €100 million for each project will be signed by the end of this year.

Earlier, the European Investment Bank provided Ukraine with €30.7 million to support municipal infrastructure and public transport in Kyiv, Odesa, Lviv, Lutsk and Sumy.