19 Apr 2024 16:13

Ukraine expecting 560 million euro from European Investment Bank for energy, transport, housing restoration projects - Prime Minister

MOSCOW. April 19 (Interfax) - The European Investment Bank is ready to provide Ukraine with 560 million euro, Ukrainian media reported, citing Prime Minister Denis Shmygal.

"This year, Ukraine will receive 560 million euro for projects in energy, transport infrastructure, and housing restoration, as well as for projects that will support our economic recovery and Ukrainian business. The supporting memorandum was signed with the head of the EIB, Nadezhda Calvino," Shmygal wrote on his Telegram channel on Friday.

"The memorandum will contribute to the rapid recovery of Ukraine and will bring us closer to the European Union," he said.

Ukraine's prime minister said it is planned to speed up work on current projects, as well as "focus on preparing new investments in critical public and private initiatives."