![As US cuts Ukraine funding, EU's lending arm steps in with nearly 1 billion euros in investments](https://assets.kyivindependent.com/content/images/2025/02/GettyImages-2196077958.jpg)
As US cuts Ukraine funding, EU's lending arm steps in with nearly 1 billion euros in investments
The European Union's lending arm, the European Investment Bank (EIB), has signed agreements to mobilize close to 1 billion euros ($1.03 billion) in investments into Ukraine’s public and private sectors as the U.S. moves to cut funding to development projects in the country. U.S. President Donald