From the article: The Italian government has transferred the first 25 million euros ($28.3 million) installment to help rebuild Ukraine’s war-damaged energy infrastructure, the Italian Embassy in Ukraine told the Kyiv Independent on April 16.
The funds are part of a broader 200 million euros (around $227 million) initiative co-financed by the European Bank for Reconstruction and Development (EBRD).
The disbursed funds are directed to Ukraine’s state-owned energy company Ukrhydroenergo. The project aims to implement urgent measures to restore energy access, reinforce critical power grids, and ensure delivery of essential services in the hardest-hit regions.
“This first financing is a concrete signal of Italy’s strong support for Ukraine’s energy sector, which has been severely tested by the war,” said Italian Ambassador to Ukraine Carlo Formosa.
The initiative is also part of a 125 million euros (approximately $142 million) Italian assistance package focused on energy security and Ukraine’s reconstruction. The aid is being delivered in coordination with Ukrainian institutions and international partners.
“The country’s recovery begins with light, heat, and basic services that unite communities and make them resilient,” Formosa added.
PitifulEar3303 on
Say what you will, but Italy under Meloni has been good to Ukraine.
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From the article: The Italian government has transferred the first 25 million euros ($28.3 million) installment to help rebuild Ukraine’s war-damaged energy infrastructure, the Italian Embassy in Ukraine told the Kyiv Independent on April 16.
The funds are part of a broader 200 million euros (around $227 million) initiative co-financed by the European Bank for Reconstruction and Development (EBRD).
The disbursed funds are directed to Ukraine’s state-owned energy company Ukrhydroenergo. The project aims to implement urgent measures to restore energy access, reinforce critical power grids, and ensure delivery of essential services in the hardest-hit regions.
“This first financing is a concrete signal of Italy’s strong support for Ukraine’s energy sector, which has been severely tested by the war,” said Italian Ambassador to Ukraine Carlo Formosa.
The initiative is also part of a 125 million euros (approximately $142 million) Italian assistance package focused on energy security and Ukraine’s reconstruction. The aid is being delivered in coordination with Ukrainian institutions and international partners.
“The country’s recovery begins with light, heat, and basic services that unite communities and make them resilient,” Formosa added.
Say what you will, but Italy under Meloni has been good to Ukraine.
Mamamia!!