EIB Group starts disbursements from €1.59 bn EIB Ukraine Solidarity Urgent Response package

This article is brought to you in association with the European Parliament. Yesterday, the European Investment Bank (EIB), the EU bank, disbursed the first tranches of the €1.59 billion package of the Ukraine Solidarity Urgent Response, supported by an EU guarantee. The disbursed financing of €500 million will help the Ukrainian government cover priority short-term financing […]

Summer 2022 Economic Forecast: Russia’s war worsens the outlook

This article is brought to you in association with the European Commission. Russia’s war of aggression against Ukraine continues to negatively affect the EU economy, setting it on a path of lower growth and higher inflation compared to the Spring Forecast. The Summer 2022 (interim) Economic Forecast projects that the EU economy will grow by 2.7% […]

EU sets up €20 million support for Ukrainian start-ups through European Innovation Council

This article is brought to you in association with the European Commission. The European Commission has launched an ambitious €20 million action to support the Ukrainian innovation community. Through a targeted amendment of the 2022 European Innovation Council (EIC) work programme, the new initiative will support at least 200 Ukrainian deep tech start-ups with up to […]