EU’s lending arm pledges to speed up Ukraine spending

LONDON, April 18 (Reuters) - The European Union's lending arm, the European Investment Bank (EIB) has signed a pledge to speed up the use of over 560 million euros ($595.90 million) it has ready to support Ukraine's rebuild effort this year.The EIB and Ukraine's government said a new memorandum of understanding (MoU) had been signed "to accelerate deployment of financial support and project execution on the ground".Ukraine, which is facing renewed pressure in its more than 2-year war with Russia, has been frustrated that only a fraction of the tens of billions of dollars and euros pledged by Western allies…