New platform to boost support for EU regions most affected by the war in Ukraine
Luxembourg, Feb. 25 -- Tomorrow, the Commission will be hosting the launch of a new initiative to provide easier access to lending support to EU Member States bordering Russia, Belarus and Ukraine. This initiative, titled 'EastInvest Facility', is at the core of the strategy for the EU's eastern regions bordering Russia, Belarus and Ukraine adopted last week by the Commission to help these regions tackle the challenges they face in the wake of Russia's war of aggression against Ukraine.The EastInvest Facility will be a dedicated financing platform for EU eastern regions, bringing together the European Investment Bank (EIB) Group, the European Bank for Reconstruction and Development, the Nordic Investment Bank, the Council of Europe Developm...
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