The Board of the European Investment Bank has approved immediate financial support for Ukraine in the amount of 668 million euros. This is stated in an EIB press release.

It is noted that the EIB "condemns Russia's brutal and illegal invasion of Ukraine.

The financial support is part of the EIB Ukraine Solidarity Urgent Response program.

"Additional financial and technical support for Ukraine, neighboring countries and EU countries will help cope with the damage associated with the war and the influx of refugees," the statement said. "This initial support package will help the Ukrainian authorities meet the most urgent financial needs, including the purchase of food, medical supplies and fuel for citizens.Immediate support will be available within days. The EIB will allocate the funds available under two EIB loans, which were originally provided to support SMEs and the agricultural sector in Ukraine," the bank said.