EIB provided financial assistance worth EUR 3 billion to Ukraine in 2016

EIB provided financial assistance worth EUR 3 billion to Ukraine in 2016

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Ukrinform
In 2016, the European Investment Bank (EIB) provided financial assistance worth EUR 3 billion to Ukraine within the framework of the three-year assistance program on the part of the European Union, totaling EUR 11 billion.

EIB President Werner Hoer has stated this in Brussels today, Radio Liberty reports.

According to him, this financial support is expected to strengthen competitive capacity and stability of Ukraine's energy security and improve the life quality of Ukrainian citizens.

A reminder that in December 2016 the EIB and the European Commission announced that a loan worth EUR 600 million would be provided to Ukraine.

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