Lithuania Approves €15M ($16.8M) for Ukraine’s Recovery and Reconstruction Through World Bank, EIB
Lithuania approved €15 million ($16.8 million) for Ukraine’s recovery, allocating €10 million ($11.2 million) through the World Bank’s SPUR 2.0 program and €5 million ($5.6 million) through the EIB’s EU4U Fund. Finance Minister Taurimas Valys pledged continued support for Ukraine’s victory and reconstruction.
Lithuania has approved an additional €15 million ($16.8 million) in financial aid for Ukraine to support its recovery and reconstruction efforts through the World Bank and European Investment Bank (EIB). The funds will be directed to the World Bank’s Special Program for Ukraine Recovery 2.0 (SPUR 2.0) and the EIB’s EU for Ukraine Fund (EU4U), with €10 million ($11.2 million) going to SPUR 2.0 and €5 million ($5.6 million) to EU4U.
Lithuanian Finance Minister Taurimas Valys emphasized the importance of continued assistance for both Ukraine's survival and Europe's security, stating that Lithuania is committed to ensuring Ukraine has everything it needs to achieve victory and rebuild. Ukrainian Foreign Minister Andrii Sybiha expressed gratitude for Lithuania's ongoing support.
Brief written by urgent.news from Kyiv Post's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
