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Statement by the Minister of Finance, Mr. Makis Keravnos, at the signing ceremony for participation in the EU4U fund of the European Investment Bank to Support Reconstruction and Recovery in Ukraine

In view of the damaging effects of the Russia’s aggression in 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.

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