Infrastructure restoration and energy support are the priorities of the Government’s cooperation with the EIB for 2025: Minister of Finance meets with EIB President

Today, the Government team headed by Prime Minister of Ukraine Denys Shmyhal met with the management of the European Investment Bank (EIB) in Kyiv, led by President Nadia Calviño.

Ukraine was represented by Minister of Finance Sergii Marchenko, Deputy Prime Minister for Restoration of Ukraine and Minister for Communities and Territories Development Oleksii Kuleba.

Separately, the leadership of the Ministry of Finance – Minister of Finance Sergii Marchenko, Deputy Minister of Finance Olga Zykova, Government Commissioner for Public Debt Management Yuriy Butsa – met with representatives of the EIB to discuss the results of cooperation and priorities for 2025.

Also participating were EIB Vice-President Teresa Czerwińska and Ambassador of the European Union to Ukraine Katarína Mathernová.

Sergii Marchenko welcomed Nadia Calviño on the visit to Kyiv, which demonstrates the Bank’s continued support for Ukraine and readiness to expand cooperation.

“The volume of EIB projects in Ukraine is one of the largest among international financial institutions supporting Ukraine. It consists of 24 active projects totaling EUR 4.9 billion. Since the beginning of the full-scale invasion, the EIB has provided more than EUR 2 billion in emergency financing to Ukraine. The Bank’s stable support is important on Ukraine’s path to deeper integration with the European Union. Expanding cooperation with the EIB plays a key role in strengthening Ukraine’s economic resilience and improving the living conditions of its citizens,” said Minister of Finance of Ukraine Sergii Marchenko.

Last year, Ukraine received EUR 247.5 million, which allowed to maintain the dynamics of fundraising in recent years.

The EIB provides financial resources for the restoration of critical infrastructure, including roads, railways, bridges, restoration of damaged energy facilities, and rehabilitation of healthcare facilities and other social infrastructure. The EIB also supports long-term recovery projects, including the reconstruction of destroyed public buildings and infrastructure.

The parties discussed cooperation plans for 2025. The priority areas are the restoration of destroyed social and critical infrastructure, healthcare, and support for the energy system.

In January 2025, Ukraine and the EIB signed a financial agreement on the project Implementation of a system of emergency assistance to the population through a single telephone number 112, taking into account the needs of people with disabilities. The project provides a loan of EUR 40 million and EUR 10 million in grants to implement measures to create a system of emergency assistance to the population through a single telephone number 112 at the national level.

Ukraine and the EIB are working on preparing two new financial agreements totaling EUR 430 million. The projects will be aimed at restoring social infrastructure, water supply and sewage facilities.

The Ukrainian side emphasized the important role of the EIB in maintaining energy sustainability. In 2024, the EIB approved the EUR 600 million EIB Energy Rescue Plan to restore Ukraine’s electricity and heating networks. The Bank has also created the Ukraine Green Recovery Fund, which aims to strengthen Ukraine’s renewable energy sector and achieve its decarbonization goals. These investments will help Ukraine not only recover but also become a leader in green energy in Europe.