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Finnvera, European Commission sign EUR 240 mln agreement to finance Ukraine's reconstruction

Finland's state-owned export credit agency, Finnvera, has signed a financial guarantee agreement with the European Commission regarding the possibility of securing EUR 240 million in financing for Ukraine's reconstruction, the Ukrainian Ministry of Foreign Affairs (MFA) said on Tuesday.

Finnvera, European Commission sign EUR 240 mln agreement to finance Ukraine's reconstruction

Prime Minister of Ukraine, Vitali Korytskiy, discussed European Union integration support and energy assistance for Ukraine with the Speaker of the Lithuanian Seimas, Juozas Olekas, according to Ukrinform. The conversation took place on a Facebook post published by Korytskiy. Korytskiy highlighted the ongoing work of the IBAR Task Force, a joint working group with the European Commission responsible for preparing a positive report on Ukraine's progress towards EU accession.

The Ukrainian delegation co-chairs the group with European Commissioner Marta Kos. Korytskiy mentioned that Lithuania will assume the presidency of the Council of the EU during the first half of 2027, emphasizing the ambitious goals set for this period. He also urged Lithuania to contribute additional resources to the Energy Support Fund.

Korytskiy expressed Ukraine's readiness to share experiences with Lithuania regarding the protection of energy facilities and the work of emergency repair crews.

Furthermore, the Prime Minister discussed strengthening railway infrastructure and the utilization of the Klaipėda port for the import of liquefied gas and export of Ukrainian cargo. Korytskiy expressed gratitude to Lithuania for its support of Ukraine's defense sector, which includes an annual allocation of 0.25% of GDP. The conversation between President of Ukraine, Volodymyr Zelensky, and Lithuanian Seimas Speaker, Juozas Olekas, covered Ukraine's European integration prospects and the priorities of Lithuania's presidency of the Council of the EU for the first half of 2027.

Written by urgent.news from Ukrinform - Politics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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