EIB approves €2 billion for Ukrainian refugee investment in Poland

On 15 June, the European Investment Bank (EIB) approved a €2 billion investment in Poland to help the country accommodate Ukrainian refugees.

This is the first national allocation under a new financing initiative agreed last month to support investment for Ukrainian refugees by public authorities across Poland.

The EIB credit line will make financing available for the development of key infrastructure and services for refugees and host communities, such as housing, schools, hospitals and access to jobs. EIB financing can also cover eligible operational expenditure related to the supply of equipment, facilities and services for the integration of war refugees in host countries.

According to Werner Hoyer, President of the EIB, this financing “will help ensure that refugees from Russia’s brutal invasion of Ukraine are welcomed with dignity.”

On 18 May, the Board of Directors of the European Investment Bank (EIB) approved a €4 billion credit line (or programme loan) to help national authorities in all EU Member States welcome and integrate people fleeing Russian war against Ukraine.

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Press release