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European Commission unlocks €600M EIB funding to accelerate Ukraine’s emergency recovery projects

European Commission unlocks €600M EIB funding to accelerate Ukraine’s emergency recovery projects
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The European Commission is expanding European Union guarantees for the European Investment Bank (EIB), enabling the provision of €450 million in financing to Ukraine, along with €150 million in grants and technical assistance under the Ukraine Facility programme.

“These additional EU guarantees are of great importance, particularly for supporting public sector projects and the restoration of critical infrastructure and energy systems. They make it possible for one of our key investment partners, the EIB, to expand financing for urgent projects across the country,” Ukraine’s Minister of Economy, Environment and Agriculture, Oleksii Sobolev, was quoted as saying in a press release.

The announcement of the expanded guarantees and funding was made during the EU–Ukraine Business Summit in Brussels.

According to the press release, the funding will be directed toward key sectors of Ukraine’s economy and everyday life: roads, railways, energy networks, energy efficiency in housing and public infrastructure. It will also cover urban mobility and education, helping to maintain essential services and support long-term recovery and reforms.

It is noted that the EU guarantees complement €2 billion in guarantees already provided to the EIB Group in 2025 under the Ukraine Investment Framework, which is part of the €50 billion Ukraine Facility programme aimed at mobilizing public and private investment in Ukraine.

“We are strengthening our support to ensure concrete investments where they are most needed—from energy security to transport and housing. We remain committed to supporting Ukraine’s recovery and its path toward European integration,” said EIB Vice-President Karl Nehammer.

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