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Statement by the Minister of Finance, Mr Makis Keravnos, on supporting Ukraine’s reconstruction by Cyprus’ participation in the EIB’s EU4U fund

14/07/23 10:07  |  Press release  |  Economy and Finance
coverMOF-Keravnos

In view of the damaging effects of Russia’s aggression in the Ukraine, the EU efforts to support Ukraine’s reconstruction must continue. The reconstruction of Ukraine will require a large-scale coordinated and collective effort by all actors in the international community. In times of crisis, international solidarity is crucial. Today, Cyprus, as a victim of the illegal Turkish invasion and continued military occupation of its territory, declares its intention to participate in the EIB’s EU4U fund and reiterates its undivided support and solidarity to the Ukrainian people. The Republic of Cyprus provides significant humanitarian aid to the Ukrainian displaced persons who are hosted in our island.

(EP/ECHR)

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