At the second ministerial roundtable on support for Ukraine, participants reaffirmed their solidarity with the country and condemned the Russian war of aggression.
Ukrainian President Volodymyr Zelensky delivered a defiant message outlining the growing confidence of Ukrainian fighting forces and calling for even stronger partner support in fighting the invaders. Prime Minister Denys Shmyhal drew attention on the country’s urgent energy needs as we head towards winter.
US Secretary of the Treasury Janet Yellen confirmed Washington’s commitment to support for Ukraine and its wish to see a cap on the price of Russian oil.
President Werner Hoyer recalled the EIB’s speedy response to the Russian invasion and Ukraine’s immediate needs.
€668 million of EU Bank financing was disbursed to Ukraine in March, and as of today, total EIB funds paid to Ukraine - also thanks to crucial European Commission support - amount to over €1.7 billion.
President Hoyer spoke of the need to support the country’s most urgent requirements, in closest cooperation with the Ukrainian Government. The next task is to rebuild, and this is not a goal for an uncertain point in the future. Reconstruction, President Hoyer said, can start now, including by supporting the most resilient, enduring and active business sectors especially in the country’s North and West, support which is possible immediately. Finally, President Hoyer said that the EIB will help pave the way for Ukraine’s accession to the EU.
Find out more about the EIB at the World Bank/IMF Annual Meetings
©EIB
Download original