The European Bank for Reconstruction and Development (EBRD) and the European Union are expanding a major financing programme for Ukrainian businesses, with a new package of guarantees, grants, and technical assistance expected to unlock up to €2 billion in lending through local banks.
EBRD, EU expand Ukraine lending programme, unlocking €2 billion for businesses
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EU releases €2.8 billion to Ukraine under reform-linked funding program
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.
EBRD governors reaffirm Ukraine as top priority, pledge continued reconstruction support
The governors of the European Bank for Reconstruction and Development (EBRD) reaffirmed Ukraine as the bank's top priority, pledging continued support for the country during the war and its future reconstruction, while also backing increased assistance for economies affected by conflict in the Middle East.
Exclusive: Tetra Tech lays off dozens of workers in Ukraine; US prime contractors face local office closures as work goes unpaid
Tetra Tech, the global consulting and engineering firm, has laid off dozens of workers in Ukraine and faces tens of millions of dollars in costs locally due to the USAID cuts, including a payment freeze on work completed, according to sources familiar with the matter. The company is one of
Ukraine opens new EIB-funded surgical unit in Zhytomyr hospital
Ukraine has opened a new surgical unit at V.P. Pavlusenko Hospital No.2 in the northwestern Zhytomyr region following a European Investment Bank (EIB)-funded reconstruction.
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EU releases €2.8 billion to Ukraine under reform-linked funding program
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.
EBRD governors reaffirm Ukraine as top priority, pledge continued reconstruction support
The governors of the European Bank for Reconstruction and Development (EBRD) reaffirmed Ukraine as the bank's top priority, pledging continued support for the country during the war and its future reconstruction, while also backing increased assistance for economies affected by conflict in the Middle East.
Switzerland launches CHF 50 million call for private-sector reconstruction projects in Ukraine
Switzerland has launched a new call for investment projects involving Swiss companies in Ukraine, making up to 50 million Swiss francs ($61 million) available to help finance reconstruction and economic recovery efforts, the Swiss government said on May 28. The initiative targets Swiss companies with an established presence in Ukraine
Ukraine's small firms emerge as key drivers of trade resilience under war and pandemic, study finds
Small and micro-sized Ukrainian businesses emerged as some of the country's most resilient traders during both the COVID-19 pandemic and Russia's full-scale invasion, while large companies struggled to translate their scale into productivity gains, according to a new study.