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Radio France Internationale
Radio France Internationale
World
RFI

EU bank announces new recovery funds for Ukraine

European Union Ukraine Werner Hoyer Hungary EIB Victor Orban Viktor Orban European Investment Bank Kyiv Russia
European Investment Bank President Werner Hoyer visits Ukraine in 27 November 2023 to announce a new financing package. AFP - HANNAH MCKAY

European Investment Bank (EIB) President Werner Hoyer visited Kyiv on Monday to discuss a multi-million dollar recovery initiative for Ukraine. It's his first visit there since the beginning of Russia’s invasion in February 2022.

According to an EIB press release, the initiative includes two loans totalling €450 million, recently approved by the EIB Board of Directors.

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