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EIB and Ukraine Government sign MoU to accelerate deployment of financial support and project execution on the ground
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EU s lending arm pledges to speed up Ukraine spending
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EU s Lending Arm Pledges to Speed up Ukraine Spending
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The European Union's lending arm, the European Investment Bank (EIB) has signed a pledge to speed up the use of over 560 million euros ($595.90 million) it has ready to support Ukraine's rebuild effort this year. The EIB and Ukraine's government said a new memorandum of understanding (MoU) had been signed "to accelerate deployment of financial support and project execution on the ground". Ukraine, which is facing renewed pressure in its more than 2-year war with Russia, has been frustrated that