On Monday 25 July, the Board of Directors of the European Investment Bank (EIB) announced that it had provided €1.59 billion in aid, backed by guarantees from the EU budget, to help Ukraine repair the most critical damaged infrastructure and resume vital projects addressing the urgent needs of the Ukrainian population.
Financial aid totalling €1.05 billion is available immediately. These are initial disbursements under eight existing financing contracts. It will help the Ukrainian...