As Russia launched more than 70 drones at Kyiv on Nov. 25, European leaders were gathering in the capital to participate in the second international “Grain From Ukraine” summit. The timing was no coincidence, according to President Volodymyr Zelensky who likened Russia’s Vladimir Putin to the Soviet dictator Stalin, saying that “if he could arrange another Holodomor for Ukraine, he would do it.” Ukraine created the summit as a way to bring leaders together to find ways to ensure Ukrainian food exports are getting to those who need them most, particularly the Global South.
Werner Hoyer, the head of the European Investment Bank (EIB), and its vice-president Teresa Czerwinska visited Kyiv on Nov. 27 to announce a new 450-million-euro package ($493 million) to Ukraine and inaugurate the bank’s new regional hub in the capital. The sum, approved by the EIB on Nov. 15, includes 250 million euros ($273 million) to build and repair social housing, district heating, hospitals and schools, roads, and bridges across the country. Hoyer and Czerwinska also met with President Volodymyr Zelensky, who thanked them for their decision to open the regional hub in Kyiv.
The European Investment Bank (EIB), the bank of the European Union, has signed an EU grant agreement for over €50 million with the State Agency for Restoration and Infrastructure Development of Ukraine in Kyiv. The funds will support the agency in the emergency acquisition of temporary bridges to improve mobility, helping the country surmount obstacles caused by Russian attacks by connecting the Ukrainian population with the aid and services they need.
The European Investment Bank (EIB), the bank of the European Union, has signed an EU grant agreement for over €50 million with the State Agency for Restoration and Infrastructure Development of Ukraine in Kyiv. The funds will support the agency in the emergency acquisition of temporary bridges to improve mobility, helping the country surmount obstacles caused by Russian attacks by connecting the Ukrainian population with the aid and services they need.