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Lithuania will allocate €4 million to support Ukraine's energy resilience and the restoration of its social infrastructure

UA NEWS 26 June 2026 10:51
Lithuania will allocate €4 million to support Ukraine's energy resilience and the restoration of its social infrastructure

During the URC2026 conference on Ukraine’s recovery in Gdańsk, Ukraine and Lithuania signed a joint declaration on strengthening energy cooperation and rebuilding the power grid.

Lithuania will allocate 4 million euros to install solar panels and energy storage systems at social infrastructure facilities, including schools and hospitals in Ukraine.

Shmyhal emphasized that the Lithuanian equipment previously provided is already being used as part of the “Ray of Hope” project, thanks to which six Ukrainian medical facilities now have their own electricity generation, and another is in the technical preparation phase.

He thanked the partners for the new decision on financial support and emphasized that the cooperation also includes emergency measures to strengthen Ukraine’s energy sector.

It is also noted that Ukraine and Lithuania are continuing to work on the supply of critically important equipment, including transformers, generators, and spare parts for the restoration of energy infrastructure.

According to Shmyhal, some of the dismantled equipment from the Vilnius Thermal Power Plant and the Ignalina Nuclear Power Plant is already being used in Ukraine for repair work on the power grid.

This was announced by Ukraine’s First Deputy Prime Minister and Minister of Energy, Denys Shmyhal.

Earlier, the Ministry of Finance of Ukraine and the World Bank signed an agreement for a loan of 236 million euros, guaranteed by the Swedish government, to ensure stable coverage of key social expenditures in the state budget. 
 

The European Union plans to provide Ukraine with 16.7 billion euros in budgetary support this year, half of which will come in the form of macro-financial assistance.

The European Union has approved a large-scale financial package for Ukraine totaling 90 billion euros, which is intended to help cover the country’s most urgent budgetary needs. The loan does not impose an immediate financial burden on Ukraine, as it is planned to be repaid using future reparations from Russia. For now, however, the EU budget is providing payment guarantees. 

On April 23, EU member states approved the 20th package of sanctions against Russia, which imposes restrictions on 46 vessels of the “shadow fleet” and 60 entities supporting the Russian military-industrial complex. The new measures include stricter export restrictions on dual-use goods and sanctions against 20 credit and financial institutions.

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