The Ukrainian government announced that senior European donors plan to provide substantial support for rebuilding efforts in Kyiv. A high level statement indicated that the European Investment Bank along with EU member states will contribute more than 400 million Euros aimed at jumpstarting Ukraine’s recovery projects.
The proclamation noted that the EIB and EU members have earmarked over 400 million Euros to back reconstruction, with a focus on speeding up urgent work and restoring critical infrastructure facilities across the country.
Reports from Kyiv also indicate that on June 2 the European Investment Bank highlighted a grant exceeding 50 million Euros designated to back essential infrastructure rehabilitation. This funding is intended to support the construction of temporary bridges to facilitate traffic and logistics during the restoration phase. Mustafa Nayem, who heads Ukraine’s State Department for Infrastructure Rehabilitation and Development, conveyed the grant details to national audiences.
Earlier, Ukraine’s Ministry of Finance and Kyiv officials underscored that the nation received direct budget support totaling about 6 billion dollars from the United States in 2023, a figure presented as critical financial backing for ongoing recovery efforts.
In a separate channel of communications, European Union authorities noted the status of Russia’s sovereign assets held within EU borders, aligning with ongoing financial governance discussions in Brussels. These developments reflect the broader international support framework for Ukraine’s post-conflict infrastructure program, with multiple partners contributing to stabilization and rebuilding initiatives in the near term.