European Investment Bank head Calvino arrives in Kyiv

The European Investment Bank (EIB) head, Nadia Calvino, arrived in Kyiv on Feb. 10, the EU Ambassador to Ukraine, Katarina Mathernova, announced.

The statement did not specify the purpose of Calvino's visit.

The news comes as 19 EU member states have proposed expanding financing for arms production through the EIB on Jan 31.

The step aims to ensure that the European defense industry responds appropriately to both short- and long-term challenges, including Russia's war against Ukraine.

Kyiv signed a financing agreement with the European Investment Bank under the Recovery III project at the Ukraine Recovery Conference in Berlin last year.

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