EIB announces new financial support for Ukraine's development
Briefly

The European Investment Bank (EIB) announced approximately €1 billion in support for Ukraine amid ongoing recovery efforts. EIB President Nadia Calviño emphasized Ukraine as a top priority and outlined a commitment to fund public and private sector projects focusing on essential infrastructure, including energy, water supply, and education. Additionally, plans to support small and medium enterprises with nearly €500 million were discussed. Both Calviño and Ukrainian President Zelensky recognized the importance of these investments in aiding displaced individuals and restoring normalcy as the country continues to face significant challenges.
Calviño confirmed that the EIB is prioritizing investments in schooling, healthcare, and clean water supply, with further discussions underway to determine the scale of necessary funding, particularly in the housing sector.
Zelenskyy emphasized the importance of these projects, particularly in the humanitarian sector, including education and housing, along with the bank's involvement in border crossing infrastructure.
Read at euronews
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