Progress is being made on 300 million euro financing to improve rail access to Mykolayiv, Ukraine’s second busiest port, after Yuzhne. On Wednesday, President Poroshenko approved Rada ratification of a 150 million euro loan from the European Investment Bank. The EBRD is matching the loan. The money is to go to electrifying and doubling the main 170 km north-south line from Dolynsk to Mykolaiv. The loans also will upgrade a rail line from Kolosivka, 100 km to the northwest of Mykolayiv.