The Committee on Ukraine’s Integration into the EU hosted a meeting with Kristina Mikulova, Head of the Regional Representation of the European Investment Bank
19 June 2025, 16:00
The meeting was attended by Ivanna Klympush-Tsintsadze, Chair of the Committee on Ukraine’s Integration into the EU; Vadym Halaichuk, First Deputy Chair of the Committee; Bohdan Kytsak, Chairperson of the Sub-committee on Adaptation of Ukrainian Legislation to the European Union of the Committee on Economic Development; and Vasyl Mokan, of the Sub-committee on Adaptation of Ukrainian Legislation to the European Union of the Committee on Youth and Sports.
Participants discussed the instruments and opportunities that the EIB offers to Ukraine, as well as the challenges arising in their implementation. The role of public institutions in ensuring effective partnership was also on the agenda.
Ivanna Klympush-Tsintsadze noted that the Committee had been cooperating actively with the EIB even before the full-scale war. She emphasized that regular meetings help better understand the difficulties the EIB currently faces in Ukraine and how MPs and Parliament as a whole can assist, particularly by encouraging greater engagement of local communities in EIB projects.
Kristina Mikulova reported that, since the beginning of Russia’s full-scale invasion, the EIB has already allocated €3 billion to projects in Ukraine. Priority sectors currently include transport, energy, municipal infrastructure, and small and medium-sized enterprises, which are especially in need of additional funding due to the war. According to Kristina Mikulova, small and medium-businesses are facing increased risks. “We want to simplify the procedures and improve access to financing,” she noted. The EIB supports small and medium-sized enterprises through partner banks in Ukraine.
A significant funding package has also been allocated by the EIB to work with Ukraine’s public sector, particularly in improving energy efficiency. Kristina Mikulova said that most regions are actively submitting applications for project participation through the Ministry for Communities and Territories Development, although some, such as the Volyn region, have not yet submitted any. She urged MPs to help spread information about the calls in the regions and to encourage community participation. The discussion also included EIB support for social housing construction in Ukraine, which is considered a strategic priority for post-war recovery, as well as support for projects to modernize border crossing infrastructure on the EU–Ukraine border.
Members of Parliament highlighted areas needing improvement to better involve local communities in cooperation. This includes establishing direct communication between the EIB and interested communities without mediation by regional authorities. Participants agreed to continue their cooperation to optimize procedures and remove bureaucratic barriers wherever possible.
Participants discussed the instruments and opportunities that the EIB offers to Ukraine, as well as the challenges arising in their implementation. The role of public institutions in ensuring effective partnership was also on the agenda.
Ivanna Klympush-Tsintsadze noted that the Committee had been cooperating actively with the EIB even before the full-scale war. She emphasized that regular meetings help better understand the difficulties the EIB currently faces in Ukraine and how MPs and Parliament as a whole can assist, particularly by encouraging greater engagement of local communities in EIB projects.
Kristina Mikulova reported that, since the beginning of Russia’s full-scale invasion, the EIB has already allocated €3 billion to projects in Ukraine. Priority sectors currently include transport, energy, municipal infrastructure, and small and medium-sized enterprises, which are especially in need of additional funding due to the war. According to Kristina Mikulova, small and medium-businesses are facing increased risks. “We want to simplify the procedures and improve access to financing,” she noted. The EIB supports small and medium-sized enterprises through partner banks in Ukraine.
A significant funding package has also been allocated by the EIB to work with Ukraine’s public sector, particularly in improving energy efficiency. Kristina Mikulova said that most regions are actively submitting applications for project participation through the Ministry for Communities and Territories Development, although some, such as the Volyn region, have not yet submitted any. She urged MPs to help spread information about the calls in the regions and to encourage community participation. The discussion also included EIB support for social housing construction in Ukraine, which is considered a strategic priority for post-war recovery, as well as support for projects to modernize border crossing infrastructure on the EU–Ukraine border.
Members of Parliament highlighted areas needing improvement to better involve local communities in cooperation. This includes establishing direct communication between the EIB and interested communities without mediation by regional authorities. Participants agreed to continue their cooperation to optimize procedures and remove bureaucratic barriers wherever possible.