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Germany will spend €255 million to help Ukraine improve energy efficiency in schools, rebuild roads, and modernize its vocational education system

Germany will spend €255 million to help Ukraine improve energy efficiency in schools, rebuild roads, and modernize its vocational education system

Germany will spend €255 million to help Ukraine improve energy efficiency in schools, rebuild roads, and modernize its vocational education system, the Finance Ministry announces. The money will be a mix: €40 million in outright grants, and €215 million in loans at concessional terms – 30 years at 2% interest. The money will also to go upgrading municipal utilities: water, sewers and heating. German Ambassador Anka Feldhusen, said: “Germany supports Ukrainian decentralization reforms and improvements in the energy industry and education.”

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