Nadia Calviño, currently the President of the European Investment Bank (EIB) Group, has consistently emphasized the European Union’s unwavering commitment to supporting Ukraine. Her recent statements and actions underscore the crucial role the EIB plays in financing Ukraine’s immediate recovery and long-term reconstruction efforts, highlighting Europe’s solidarity in the face of ongoing aggression.
As a prominent figure in European finance, Nadia Calviño brings significant experience from her previous roles, including Spain’s First Vice-President and Minister of Economy. This background provides her with a deep understanding of economic resilience and the strategic importance of sustained financial assistance, particularly for a nation embroiled in conflict like Ukraine.
The EIB, under Nadia Calviño‘s leadership, is a key implementing partner for the EU’s substantial financial support to Ukraine. This includes the €50 billion Ukraine Facility for 2024–2027, which aims to provide predictable and flexible financial aid. These funds are vital for maintaining Ukraine’s economic stability, allowing it to continue paying wages and pensions, and restoring critical public services.
Calviño has highlighted specific projects that the EIB is financing in Ukraine. These include investments in essential infrastructure such as energy, water, and transport, as well as the rebuilding of schools and universities. Such initiatives are not just about repairing what has been destroyed but also about creating modern, resilient, and energy-efficient infrastructure for Ukraine’s future.
During her visits to Kyiv, Nadia Calviño has personally witnessed the impact of the war and the urgent need for support. She has underscored the EU’s commitment to Ukraine’s resilience and its path towards a secure European future. The EIB’s efforts are designed to ensure that Ukrainian communities can continue to function and eventually thrive.
The EIB’s support package for Ukraine includes a blend of loans and guarantees, aiming to unlock significant investments in both the public and private sectors. This comprehensive approach addresses Ukraine’s most pressing recovery needs, while also laying the groundwork for economic development and integration into the European market.