Olga Sushytska
- European Investment Bank
- Communication Department
- 98-100, boulevard Konrad Adenauer
- L-2950 Luxembourg
- Luxembourg
The European Commission, the European Investment Bank (EIB) and the European Investment Fund (EIF) have agreed today to establish a €300 million export credit guarantee facility under the EU flagship investment programme InvestEU. Thanks to this facility, the EIF will now be able to use the InvestEU programme to support European small and medium-sized companies exporting goods and services to Ukraine. The agreement was signed in the margins of the ECOFIN meeting of EU Finance Ministers in Luxembourg, which had support for Ukraine high on its agenda.
Nine climate-resilient bridges — three in East Sepik Province and six in Madang Province — have all been completed within budget, meeting high standards. These bridges are part of EIB Global’s $50 million investment in Papua New Guinea’s infrastructure. They provide safer and more efficient access to markets and social services, thereby improving the lives of thousands of Papua New Guineans.
Today, at the Ukraine Recovery Conference hosted by Germany and Ukraine in Berlin, the European Investment Bank (EIB) Group, in collaboration with the European Commission and the Government of Ukraine, signed a number of major projects and partnership agreements to support Ukraine’s economic and social resilience.