EIB Group approves new financing support for Ukrainian firms
The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF), meeting last week, approved new financing to support economic prosperity and resilience, boost innovation and the EU’s strategic autonomy in new technologies, and deepen global partnership.
As part of this package, the EIF’s Board approved transactions totalling €2.2 billion, including four operations under the EU4Business Guarantee Facility to facilitate access to finance for war-affected enterprises in Ukraine.
Since 2007, EIB’s operations in Ukraine have supported municipal infrastructure, transport, roads, energy and small businesses. This support has been amplified following Russia’s full-scale invasion in 2022 and focuses on restoring vital infrastructure and economic revitalisation.
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