EIB to allocate €560M in aid to Ukraine

The European Investment Bank will commit a further €560 million to Ukraine to help the war-torn country rebuild on the sidelines of the IMF-World Bank spring meetings in Washington, Report informs with the reference to POLITICO.

EIB president Nadia Calviño told that the memorandum, to will be signed later today by Ukrainian President Denys Shmyhal, will allow for further collaboration on essential energy infrastructure, roads, railways, hospitals and civil protection initiatives.

“Ukraine remains a crucial priority for the EIB,” she said.