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European Investment Bank allocates 1.6 billion euros to Ukraine.

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The financial assistance will be allocated to critical infrastructure and projects aimed at solving the urgent needs of the population, European Pravda reported on July 25. Over 1 billion euros will be immediately provided to repair damaged infrastructure and help the energy sector.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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"I'm grateful to the president for all the options offered. However, today there are only three positions in the country that, alongside the troops on the battlefield, actually shape the course of the war: the President of Ukraine, the defense minister, and the commander-in-chief of the Armed Forces of Ukraine," Mykhailo Fedorov said.

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The Kyiv Independent's Martin Fornusek speaks with Admiral Giuseppe Cavo Dragone, chair of the NATO Military Committee, at the 2026 NATO Summit about the lessons NATO is drawing from the war in Ukraine and how the alliance is preparing for the future of warfare.

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