EU and Ukraine changing lives in country’s east

A conflict in the east was a blow to the whole Ukraine. Donetsk and Luhansk oblasts split into two parts. More than a million Ukrainians left the uncontrolled territory. First of all, they moved to the nearest cities, closer to their homes.  Internal migration became an impulse for the development of many small towns in Donetsk and Luhansk oblasts. The International Organization for Migration and the European Union provided 2,500 internally displaced persons with grants for business development as well as professional and technical assistance. Thousands of Ukrainians in the east of Ukraine received an opportunity to make their dreams come true. Read more

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EU4Business provides cheap loan to Dnipro pasta maker to cover operating costs

The Dnipro producer of flour, cereals and pasta “SamRiz” needed a quick affordable loan to pay wages to its workers and buy food stock. The company was able to cover these expenses thanks to a cheap loan from ProCredit Bank, a Ukrainian partner of the European Fund for Southeast Europe (EFSE), within the framework of the EU4Business initiative. Read more

Economy is the best reason to make the European choice

It is just 60 kilometres from Kharkiv to the Russian border, and nearly a thousand kilometres to the nearest EU border. The geopolitical preferences of local citizens are undoubtedly influenced by this reality, just as the foreign trade preferences of local businesses are. Despite these geographic facts, Ukraine’s current situation demands that these preferences change. We discussed potential next steps in making these changes with Oleksandr Chumak, president of the Association of Private Employees and a Team Europe expert. Read more