The European Investment Bank (EIB) and the European Commission have announced more than €200 million in new European Union (EU) grant financing for Ukraine to ensure a reliable water supply, safe housing for communities, and strengthened energy resilience, Evropeyskaya Pravda reported, citing the EIB’s press service, APA reports.
The new grants and EIB loans are backed by EU budget guarantees and are being implemented as part of the Investment Program, which is a component of the €50 billion fund for Ukraine.