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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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"Ukraine is a country that has played the role of a reliable food security guarantor for Egypt for many years — and we don't understand why Egyptian partners pay us back by continuing to accept stolen Ukrainian grain," Foreign Minister Andrii Sybiha wrote.

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