Ukraine to receive USD850m to sustain small companies


(MENAFN)The European Investment Bank (EIB) is prepared to assign 700 million Euros (USD850 million) for the improvement of small and medium-sized enterprises in Ukraine, Ukrainian Prime Minister Denys Shmyhal stated here on Friday, February 19.

The bank has voiced willingness to assign the loan in credit help with a nearly zero rate of only 0.12 percent per annum, Ukrainian news outlet Ukrinform cited Shmyhal as declaring.
Earlier this month, the Ukrainian government accepted another EIB credit worth 270 million Euros (USD324.5 million) for the completion of the Boryspil Airport development project.

MENAFN20022021000045011134ID1101631725


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.