EIB plans to provide Ukraine with EUR 40 mln to fight coronavirus.

The European Investment Bank (EIB) plans to allocate EUR 40 million to Ukraine for the fight against coronavirus. The loan funds will be used to purchase the necessary medical equipment, according to the Ministry for Communities and Territories Development.

"Last week, Minister for Communities and Territories Development Oleksiy Chernyshov held an online meeting with the European Investment Bank. The parties discussed issues of raising a loan worth EUR 40 million for a rapid response and the necessary measures to fight coronavirus in Ukraine," the statement says.

Related news

U.S. to allocate medical, humanitarian aid for Ukraine to help fight COVID-19

The money will be distributed to the world's most at-risk countries starting April 3.

2 56

Week's balance: Cabinet extends quarantine, hryvnia stops sliding, and pace of industrial output decline slows down.

To reduce the pace of coronavirus spread, the government introduced an emergency situation regime, extended the national quarantine for three weeks, and supported subsidies for vulnerable citizens; the banks received more cash currency, and the hr...

2 2

After meeting conditions for IMF program Ukraine to receive first fast tranche of $2 bln directly to budget within 15 days – Zelensky.

Ukrainian President Volodymyr Zelensky has said that after meeting the conditions for the program of the International Monetary Fund (IMF) regarding the adoption of the land market and the non-return of insolvent banks to their ex-owners Ukraine w...

Ukraine moves 13 positions up in Index of Economic Freedom.

Ukraine moved 13 positions up in the Index of Economic Freedom and now ranks 134th.

Ukraine's national debt slightly down to $83.4 bln

In hryvnia equivalent, the state debt also slid by almost 1.5%, to UAH 2.048 trillion.

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies