The European Investment Bank (EIB) could issue EUR340 million to Ukraine under the Recovery Program, according to information on the bank’s website.
“The aim of the Ukraine Recovery Program focuses on creating, restoring and improving public buildings (including administrative buildings, schools, medical centers and hospitals and other social infrastructure), governmental roads and bridges, supply of utilities (water supply and sewerage) in Donetsk and Luhansk regions under control of the Ukrainian government as well as the four surrounding oblasts (Kharkiv, Dnipropetrovsk, Zaporizhia and Kherson) and city councils in other regions countrywide enabling them to cope with the impacts of a heavy influx of internal displaced people,” the report says.
“The project builds on the successful Ukraine Early Recovery project (EUR200 million, fully allocated), one of the first measures under the EIB Special Action Plan Ukraine providing EUR3 billion loans in 3 years,” according to the document.
