Contents tagged with European Investment Bank

  • European Investment bank provides 200 million Euro loan to Ukraine

    The European Investment Bank (EIB) granted the Cabinet of Ministers of Ukraine a long-term loan with low interests in an amount of 200 million euros as part of the project “Emergency Credit Program to Restore Ukraine,” reports Interfax-Ukraine.

    These funds will be invested in the restoration of key infrastructure in the Donetsk and Luhansk regions, as well as to provide proper living conditions for internally displaced persons.

    The corresponding financial agreement between Ukraine and the EIB …

  • European Investment Bank allocates 400 million euro to Ukraine for small business development

    The European Investment Bank provided Ukraine with a loan of 400 million euros for the development of small and medium-sized businesses. This was announced on Thursday, October 5 by the press service of the Ministry of Finance of Ukraine.

    The loan comes in the form of agreements signed by Megabank and Ukrgasbank whereby loan funds will be used to finance investments and small business needs in working capital. Lending is designed for five years with the possibility of further extending the …

  • Ukraine Announces Completion of First Phase of Beskid Tunnel

    The Minister of Infrastructure of Ukraine, Andriy Pyvovarsky, announced on January 21st the completion of the first phase of the new double track Beskidian tunnel construction running from Beskid to Skotarske in the Carpathians. A celebration marking the completion of the first phase was attended by Deputy Prime Minister Gennady Zubko, Deputy Minister of Infrastructure Mykola Snitko and the acting President of PJSC "Ukrainian Railways" Alexander Zavgorodniy.

    The most difficult part of the work …