The Russian war in Ukraine has had a devastating impact on the country's people, infrastructure and economy. In view of this extremely challenging situation in Ukraine, the Board of Directors of the European Investment Bank (EIB) today approved a further €1.59 billion of financial support for Ukraine to address the country's infrastructure financing gap and urgent needs. €1.05 billion will be made available immediately.
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The European Investment Bank (EIB), the bank of the European Union, has joined the Coalition for Disaster Resilient Infrastructure (CDRI), a partnership of national governments, UN agencies, multilateral development banks and the private sector, which promotes the rapid development of infrastructure resilient to climate change and natural disasters in countries at all stages of development.
European Investment Bank (EIB) President Werner Hoyer welcomed the Hellenic Development Bank (HDB) as a new member of the D20 Long-Term Investors Club (D20-LTIC) as it was announced he will continue as the co-chair of the organisation, following the Club’s Steering Committee decision to extend his mandate for two more years.
President Werner Hoyer participated in a conversation organised by the Atlantic Council to discuss how EU investment can assist Ukraine and in building resilient energy infrastructure in Europe. Read more
Find out more on EIB's participation at the 2022 IMF/World Bank Spring meetings.