Assisting Ukraine and neighbouring countries
Shmyhal, who is in charge of the country’s rebuilding process, thanked Hoyer for the assistance and expressed optimism that the partnership between the European Investment Bank and Ukraine will be strengthened. During the conversation, the Ukrainian prime minister listed many areas of the country damaged in recent months, detailing the infrastructure challenges and humanitarian difficulties that result. The EIB Institute is coordinating a €2.5 million humanitarian package to provide food, water, medicine, protection and trauma care for Ukraine and neighbouring countries.
“I’m grateful to the Bank and the European Union for consistent financial support,” Shmyhal said.
Parts of Ukraine experiencing the heaviest fighting need assistance in dozens of sectors, Shmyhal said during the call, including transport systems, sewage and water pipes, sanitation services, industrial warehouses, large residential apartment buildings, fuel lines, health care services such as ambulances, pharmacies, and mobile communication towers.
The European Investment Bank’s €668 million emergency lending to Ukraine covers urgent financing needs. The upcoming €1.3 billion financing will cover critical infrastructure in transport, energy, urban development and digital technology. The Bank is working with partners across the European Union on this expanded package to help Ukraine and neighbouring countries address the refugee crisis and other problems caused by the war.
“In these tragic war days, we will do all we can for the country,” Hoyer said, “and the EU Bank will be there when the country sets about rebuilding and recovering.”