New funding to restore social municipal infrastructure and basic services such as schools, kindergartens, hospitals and local transport in Ukrainian cities.

Planned implementation of the European emergency services system 112, reconstruction of the railway and border crossings with EU member states, and modernisation of the Kyiv metro.

Providing EU guarantees to Ukrainian banks to attract over EUR 1 billion in loans to support small and medium-sized enterprises.

Finalising a new pan-European export credit guarantee facility worth EUR 300 million to support EU small and medium-sized enterprises exporting to Ukraine.

Expanding the EU's JASPERS advisory programme to launch and accelerate the implementation of projects on the ground.

At the Ukraine Recovery Conference organised by the governments of Germany and Ukraine in Berlin, the European Investment Bank (EIB) Group, in cooperation with the European Commission and the Government of Ukraine, signed a number of important projects and partnership agreements aimed at supporting Ukraine's economic and social resilience.

Nadia Calviño, President of the EIB Group, who took part in the conference together with Teresa Czerwińska, Vice-President of the EIB, announced the signing of new financial agreements under two EU guarantee programmes for Ukrainian banks. They provide over EUR 1 billion in loans to support small and medium-sized enterprises (SMEs) in Ukraine. Signed with the European Commission and funded by the EU budget, these guarantees will in particular help war-affected SMEs, veterans, internally displaced persons, as well as women and young entrepreneurs, providing resources to support the Ukrainian economy and create jobs.

A further EUR 100 million, also signed today, will help restore basic services in Ukrainian cities, such as clean water supplies, and rebuild critical social infrastructure, including hospitals, social housing, schools and kindergartens.

Today we also announced the scaling up of JASPERS, the EU's leading advisory programme for Ukraine. Through JASPERS - in partnership between the European Commission and the EIB - a new EUR 20 million EU advisory package will be introduced to support the Ukrainian government in preparing quality investment projects on the ground and strengthening technical capacity to effectively use recovery funds, as outlined in the cooperation framework signed with the Government of Ukraine.

The EIB Group is also continuing to work on launching other projects of importance to Ukraine, including support for the implementation of the European emergency line 112 and the call centre system, the rehabilitation of damaged railway lines, the modernisation of railway border checkpoints with EU member states and the modernisation of the Kyiv metro. These projects, which are in line with Ukraine's priorities, will be signed in the coming weeks with the financial support of the EIB's EU for Ukraine Fund and the EU's EUR 50 billion Ukraine Facility programme.

Berlin also announced a plan to create a new pan-European export credit guarantee facility worth EUR 300 million to support small and medium-sized EU companies exporting to Ukraine. It will be managed by the EIB Group's risk capital management subsidiary, the European Investment Fund, and the European Commission under its key investment programme InvestEU.

The EIB Group also signed a number of new partnership agreements to strengthen Ukraine's energy security and green transition by supporting renewable energy and decarbonisation efforts. In particular, the agreement was signed with the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the Ministry for Communities, Territories and Infrastructure Development of Ukraine. The German government and the EIB will provide a EUR 20 million grant for the Renewable Energy Solution Programme (RES).

The EIB has also joined international alliances of public authorities, NGOs and private sector partners to promote sustainable growth, gender equality and the development of a skilled workforce. Another important partnership aims to increase the availability of local currency financing for SMEs and mid-cap companies.

Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine, said: "I would like to thank the EIB and the European Commission for their continued and significant support for Ukraine. It is difficult to overestimate the importance of today's signings for our economy. Attracting more than EUR 1 billion for lending to local businesses in Ukraine will provide significant financial support and assistance. I am also very pleased that the recovery project we have signed will have a significant impact on the lives of Ukrainians by improving healthcare, education, social housing and other critical social infrastructure. The new partnerships also strengthen Ukraine's energy security, which is vital for Ukraine at this time. I am grateful to our partners for their extremely valuable advisory support and for expanding the JASPERS programme, which will strengthen our overall recovery and development efforts in Ukraine."

Read more on the website of the Ministry of Economy.