The new program is currently awaiting approval by the EIB's Board of Directors
The European Investment Bank is preparing a financing program for EU member states that accept Ukrainian refugees fleeing the war in Ukraine, the EIB press service said.
It is noted that funding of 4 billion euros will be provided for 2022 and 2023, and will help EU cities and regions meet their urgent investment needs and address the reception and integration of displaced persons from Ukraine.
The new program is currently awaiting approval by the EIB's Board of Directors. The funds will be used to develop key social infrastructure to provide services to Ukrainian refugees, including housing, schools, hospitals and kindergartens.
Read also: Moldova will provide € 700 million to help refugees from Ukraine
< p>Earlier, the EIB approved a package of measures of solidarity with Ukraine, under which Ukraine received 668 million euros for emergency liquidity support. In addition, the EIB is working to provide further funding so that the Ukrainian government can continue to provide critical public services to citizens who remain in Ukraine.
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