EIB says support for Ukraine could total three billion euros


  • World
  • Thursday, 06 Mar 2014

WARSAW (Reuters) - The European Investment Bank's long-term investments in Ukraine, part of a package of European support for Kiev's new leadership, could total 3 billion euros (2.46 billion pounds) if Ukraine meets financial conditions, the EIB's president said.

Speaking at an event in Warsaw, Werner Hoyer, EIB Group President, said the bank's focus in Ukraine would be on supporting a 1.5 billion euro pipeline project aimed at reducing Kiev's dependence on imported Russian energy.

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