The Czech Republic will receive €188 million from the European Union's Ukraine Facility to support Czech companies involved in the reconstruction of Ukraine.
"This is great news for Czech entrepreneurs. They already have dozens of projects underway in Ukraine, thanks to our government's support, and now even more will be able to get involved," said Czech Prime Minister Petr Fiala.
Ukraine is already closely connected to the European Union's economy, research community, and industrial sector, but it is not yet getting the full benefit of those ties, according to a recent report by the United Nations Industrial Development Organization (UNIDO). The study found that the EU accounts for
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance
The European Commission disbursed nearly €2.8 billion to Ukraine on Monday to help finance the state budget and maintain public services as the country continues to defend itself against Russia's invasion.
