European investment bank allocates EUR 600-mln loan for Ukraine

14:53, 22 December 2014
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Ukraine and the European Investment Bank have signed two loan agreements, totaling EUR 600 million, to finance infrastructure reconstruction projects in the war-affected Luhansk and Donetsk regions, and to revive small- and medium-sized business.


The two agreements envisage the allocation of EUR 200 million for infrastructure projects, and EUR 400 million for the development of small- and medium-sized business.

The signing ceremony for the agreements was held on Monday  in the Cabinet of Ministers in the presence of Ukrainian Prime Minister Arseniy Yatseniuk and Vice-President of the European Investment Bank László Baranyay.

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