Ukraine and Germany’s Kreditanstalt für Wiederaufbau (KfW) are implementing five joint investment projects worth EUR 247 million and preparing three more worth EUR 73 million.
This was stated by Prime Minister Denys Shmyhal during a meeting with German Federal Minister of Finance Christian Lindner, who arrived on a visit to Ukraine.
Denys Shmyhal thanked the German government for its military, sanction and financial support. He stressed that Ukraine had received more than EUR 1.5 billion in macro-financial assistance from Germany, most of it in the form of grants.
He also expressed gratitude for the support of the IMF programme, for Germany’s role in the EU’s Ukraine Facility programme, and for promoting European integration.
“We look forward to the participation of German companies in the reconstruction. It is also necessary to strengthen sanctions against russia and confiscate russian assets, which will be the main source of financing for the recovery,” the Prime Minister said.
Christian Lindner, for his part, stressed that Germany would continue to support Ukraine and that cooperation projects between the two countries would be long-term.