Ukraine and the European Union have signed an agreement to receive EUR 5.27 billion in grants under the Ukraine Facility over the next four years.
The Government of Ukraine has finalised the agreement between Ukraine and the EU under the Ukraine Facility. The signature of the agreement on grant assistance for the next four years will help stabilise the macroeconomic and financial situation in the country and provide the necessary resources to support key sectors of the economy. This is the last agreement needed for the Ukraine Facility to become fully operational.
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Three new industrial parks have been created in Ukraine.
Around 4,500 new jobs will be created by three new industrial parks in the Volyn, Lviv and Ivano-Frankivsk regions. The government made the decision to include KOVEL PORTO, Dobrosyn and Green Lactic in the register of industrial parks at a meeting on 5 July.
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More than 1,000 companies have pulled out of russia, but not all have ceased operations.
Some of the companies have announced a complete withdrawal and closed down their operations, others have only suspended their operations or cancelled planned investments, and some continue to operate as usual.
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A new financial agreement with the European Investment Bank will provide EUR 100 million for the reconstruction of Ukrainian municipalities.
The Financial Agreement between Ukraine and the European Investment Bank (EIB) was signed during the Ukraine Reconstruction Conference and is in the process of ratification. EIB support will focus on the following areas
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