The European Investment Bank (EIB) said on Wednesday its board paved the way for €100 million in funding to repair damaged municipal heating infrastructure in Ukraine.
The funding was announced as part of a €2.4 billion EIB financing for business investment, clean energy, transport, telecommunications and flood protection in Europe.
Every month since Russia's full-scale invasion, European Bank for Reconstruction and Development (EBRD) officials have sat down with their Ukrainian partner banks to ask the same question: where are the gaps? Those routine questions have become an unlikely source of financial innovation. As Ukrainian banks identify problems
The European Bank for Reconstruction and Development (EBRD) has approved a €50 million emergency loan to help Kyiv maintain heating, electricity and other essential municipal services amid continued Russian attacks on the city's energy infrastructure. The financing, backed by a 25% first-loss guarantee from the European Union
Ukraine is considering a rail corridor through Moldova to the Romanian port of Constanța as an alternative to Black Sea shipping, as Russian strikes on Ukrainian ports increasingly disrupt grain exports, Reuters reported, citing unnamed sources. Kyiv has asked Moldovan authorities for a 50% discount on the standard freight rate,
