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The EIB Group joins other EU institutions in denouncing Russia’s military invasion of Ukraine. Within days from the invasion the EIB, in cooperation with the European Commission, prepared an emergency solidarity package for Ukraine. The package included €668 million in immediate assistance for the Ukrainian authorities. It was fast-tracked and fully disbursed within a month. The Bank is working on other support measures, including committing an additional €1.3 billion for infrastructure projects.
In addition to the €668 million package, the EIB Institute donated €2.5 million for humanitarian aid to help people affected by the conflict in Ukraine.
The Bank is also preparing a multibillion-euro package for the European Union’s Eastern and Southern Neighbourhood, the broader EU enlargement region and Central Asia to manage the refugee crisis and the social and economic fallout from the war.
Read more on the EIB’s support of Ukraine
Compliments of the European Investment Bank – a member of the EACCNY.