EU countries ask for more funds to host Ukrainian refugees

Ukrainian refugees

Eastern European member states demand extra EU funding, more flexible budgetary rules to handle ‘unprecedented challenge’ Anadolu Agency | Agnes Szucs | 03.05.2022 BRUSSELS Ten EU member states have asked the European Commission for additional funding and more flexible spending rules to handle the arrival of Ukrainian refugees, according to a joint statement revealed on […]

Appeal to the word community

Word community

In addition to this rapid resource mobilization, the UN is on the ground delivering lifesaving humanitarian assistance and support to the people of Ukraine — from help by the UN Refugee Agency for those displaced by the conflict to support by the United Nations Children’s Fund (UNICEF) for Ukraine’s 7.5 million children to the World […]

EBRD sees war on Ukraine causing major growth slowdown

EBRD sees war on Ukraine

2022 growth projection for EBRD regions revised down by 2.5 per cent to 1.7 per cent   World economy faces ‘the greatest supply shock since at least the early 1970s’ Ukraine’s GDP forecast to drop by 20 per cent in 2022, Russia’s by 10 percent The war on Ukraine will have a severe effect on economies far […]

EBRD supports Ukraine and the region in the face of war

EBRD unveils €2 billion

The EBRD’s €2 billion Resilience and Livelihoods Framework will help Ukraine and the countries directly affected by the war. Women, children and the elderly make up the majority of displaced citizens, and municipal authorities face huge challenges in managing the influx of people. The priorities for our support include trade finance, emergency liquidity, energy security and municipal services. €2 […]