Finance
Financial assistanceEIB refuses to invest into regions uncontrolled by Kyiv
The European Investment Bank is ready to finance the projects only on the territories controlled by the Ukrainian government, said President of the EIB Werner Hoyer in Luxembourg.
«It is particularly hard to consider the projects in Luhansk and Donetsk. In other words, we are ready to work in those regions of the country which are controlled by Kyiv government. But we will continue to expand our activities in Ukraine as we promised the Council of the European Union and President of Ukraine Petro Poroshenko,» said the banker.
He noted that the EIB has big ambitions to increase financial assistance to Ukraine even in the difficult political situation.
«We are analyzing different investment variants for Ukraine. We have increased the forecast economic activity in Ukraine twofold — from EUR 1.5 bn to EUR 3 bn in 2014-2016,» informed the president of the EIB.
As Capital reported, Oschadny Bank has received the second tranche of loan from the European Investment Bank in the amount of EUR 66 mn for supporting of small and big business in the beginning of September.
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