[PIO] Statement by the Minister of Finance Mr.Makis Keravnos at the signing ceremony for participation in the European Investment Bank's EU4U fund

In view of the devastating consequences of the Russian invasion of Ukraine, the EU's efforts to support Ukraine's reconstruction must continue. The reconstruction of Ukraine will require a coordinated and collective large-scale effort by the entire international community. In times of crisis, demonstrating solidarity is vital. Today, Cyprus, itself a victim of the illegal Turkish invasion and the ongoing military occupation of its territory, declares its intention to participate in the EIB's EU4U fund and reiterates its full support and solidarity with the Ukrainian people. The Republic of Cyprus is providing significant humanitarian assistance to the displaced Ukrainians hosted on our island.

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