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European Investment Bank (EIB) is planning a mission to Ukraine

17 Sep, 2022
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European Investment Bank (EIB) is planning a mission to Ukraine

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Prime Minister of Ukraine Denys Shmyhal and President of the European Investment Bank (EIB) Werner Hoyer discussed the restoration of Ukraine and support for Ukrainian small and medium-sized businesses, as reported by the government portal.

Today, the state understands that large enterprises are under the threat of shelling by Russia. The infrastructure of some of them is damaged or destroyed, as a result of which many have been left without work. So our goal is to quickly create many jobs, and we see the implementation of this task in development and creation of micro, small and medium businesses.

Denys Shmyhal, Prime Minister of Ukraine

Hoyer, in turn, initiated the dispatch of the next EIB mission to Ukraine, during which, in particular, attention will be paid to this area of cooperation.

The head of the Ukrainian government and the president of the EIB discussed the prospects and vision for the renewal of Ukraine, as well as the participation of the EIB in this process.

“I am convinced that the rapid process of Ukraine’s European integration and obtaining full membership will also improve cooperation with the EIB, because this is a good basis for launching new projects for the restoration, modernization and reform of our country,” Shmyhal said, stressing that some infrastructure facilities need to be restored now, therefore Ukraine needs $3.4 billion this year.


The Odessa Journal

The Odessa Journal

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