Ihor Terekhov: We are constantly working on strengthening the city's energy security

09:48 24.10.2024
City
Ihor Terekhov: We are constantly working on strengthening the city's energy security

The financial assistance that Kharkiv will receive from the European Bank for Reconstruction and Development (EBRD) will be directed to strengthening the city's energy security.

Mayor Ihor Terekhov announced this today, October 24, on the air of the national telethon.

The mayor noted that the loan and grant agreements, which the city council concluded with the EBRD the day before, testify to the high level of trust of financial institutions in Kharkiv.

«We attracted credit funds in the amount of 25 million euros at a very low interest rate. In addition, the United States of America provided us with a 10 million euro grant. We will direct these funds to support our utility companies, and the freed funds will be used to strengthen the city's energy security», – Ihor Terekhov said.

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