The FINANCIAL — The city of Chernivtsi in Ukraine is undergoing large-scale street lighting refurbishment thanks to EU support, which should be completed by the end of 2020. Chernivtsi’s streets will be equipped with modern LED lights, and as a result, the
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The FINANCIAL – IFC, a member of the World Bank Group, announced it will be working with the National Bank of Ukraine to develop a national financial inclusion strategy aimed at improving access to digital financial services, creating jobs and boosting the
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The FINANCIAL — Over six million inhabitants of 12 cities in Ukraine are benefiting from better and more comfortable public transport thanks to the introduction of almost 400 new trolleybuses financed by the European Bank for Reconstruction and Development (EBRD). The modern, low-floor, energy-efficient
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The FINANCIAL — The European Investment Bank (EIB) will support the upgrade of the municipal district heating system in the Ukrainian City of Kryvyi Rih with a €31.6 million loan, supplemented by a €6.4 million grant from the Eastern Europe Energy Efficiency
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The FINANCIAL — The central Ukrainian city of Dnipro will improve the energy efficiency of public buildings thanks to a €25 million loan by the European Bank for Reconstruction and Development (EBRD) to the municipal energy management company Dniprovska Municipalna Energoservisna Kompanya. The loan
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The FINANCIAL — Factoring, a financial service based on the sale of accounts receivable, has the potential to boost the growth of smaller businesses in Ukraine as companies struggling with the impact of the Covid-19 pandemic seek finance, heard the participants in a webinar held jointly
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The FINANCIAL — For several years, levels of foreign investment in Ukraine have remained far lower than a decade ago. Many potential private sector investors watched from the sidelines to gauge whether their perceived risks would lessen over time—enough so to take
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The FINANCIAL — At the 22nd EU–Ukraine summit in Brussels, EU Commissioner for Neighbourhood and Enlargement Olivér Várhelyi and the Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, Olga Stefanishina, signed three programmes worth €60 million in total, to further
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The FINANCIAL — The EU and the European Bank for Reconstruction and Development (EBRD) have announced that they will support the western Ukrainian city of Khmelnytskyi and adjacent villages in modernising their local solid waste management. Around 300,000 residents will benefit from better
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The FINANCIAL — National Statistics Office of Georgia published data of Domestic exports of Georgia (January – August 2020). In January-August 2020 the exports of Georgia (excluding non-declared exports) equaled USD 2 071.4 million, 14.7 percent lower year-on-year. Share of the domestic
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