investment
Ukraine is set to receive a grant in support of hospital reconstructions, worth 5 million euros ($5.3 million), from the Eastern Europe Energy Efficiency and Environment Partnership (E5P). Established in 2009, the E5P is a multi-donor and multi-international financial institution support fund, involved in various investment projects throughout Europe. The grant will aid in reconstruction measures for Ukrainian hospitals amidst the war, according to the press service of the Ministry of Community Development, Territories, and Infrastructure. Funding from the grant will be allocated towards repai...
Kyiv Independent
The European Investment Bank (EIB) is in talks to invest in defense companies amid heightened urgency to scale up Europe's defense industry, Bloomberg reported on March 13. The colossal output of the Russian military-industrial complex since it launched its full-scale invasion of Ukraine has put the performance of the European defense industry into sharp relief. The EU failed on its promise to deliver 1 million artillery shells to Ukraine between March 2023 and 2024, while Russia is reportedly set to produce nearly three times as many artillery munitions as the West this year. According to Blo...
Kyiv Independent
The start of Russia’s full-scale invasion of Ukraine was an unlikely place for investment. Russian attacks all over the country were destroying critical infrastructure, factories, and homes. The economy took a major hit, with GDP falling 29% that year. The European Bank for Reconstruction and Development, which has been actively investing in Ukraine since the collapse of the Soviet Union and one of the few multilateral development banks still operating in the country despite the war, felt it couldn’t sit this one out. “Very early on in February 2022, we decided to continue investing in Ukraine...
Kyiv Independent
The start of Russia’s full-scale invasion of Ukraine was an unlikely place for investment. Russian attacks all over the country were destroying critical infrastructure, factories, and homes. The economy took a major hit, with GDP falling 29% that year. The European Bank for Reconstruction and Development, which has been actively investing in Ukraine since the collapse of the Soviet Union and one of the few multilateral development banks still operating in the country despite the war, felt it couldn’t sit this one out. “Very early on in February 2022, we decided to continue investing in Ukraine...
Kyiv Independent
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