Photo: European Union

EU disburses €20 million in Macro-Financial Assistance to Georgia

14 December 2018
The European Commission, on behalf of the EU, has disbursed €15 million in loans to Georgia under the first instalment of its new Macro-Financial Assistance (MFA) programme. The grant component of €5 million will be disbursed in the coming days, bringing the total amount of this instalment to €20…
Photo: European Union

New EU project to provide technical support for building of new and safer roads in Georgia

12 December 2018
Representatives of the EU and the European Investment Bank (EIB) have signed a new project to assist the development of newer and safer roads in Georgia. Technical Assistance for Georgia Transport Connectivity is a seven-year programme funded by the EU with a total budget of €6,136,000 (…
Photo: EBRD

Ukraine’s postal company Nova Poshta to reduce CO2 emissions thanks to modern technologies

12 December 2018
Nova Poshta – Ukraine’s leading private postal service operator – will benefit from support from the EU and European Bank for Reconstruction and Development (EBRD) to introduce new parcel sorting technology. This will help the company to reduce its environmental impact. The company will have…
Photo: EU4Business

Georgia: loans and grants for small businesses under EU4Business initiative

06 December 2018
The Bank of Georgia recently hosted an information event for clients to present the opportunities afforded by loans and grants provided by the EU4Business-EBRD (European Bank for Reconstruction and Development) Credit Line. In total 150 people from a broad spectrum of commercial and industrial…
Photo: European Union

Eastern Partnership: Promoting stronger economies and societies for the EU’s six Eastern Partners

06 December 2018
On 6 December , the Austrian Presidency of the Council of the European Union, together with the European Commission, is hosting the 5th Eastern Partnership Business Forum in Vienna. This will be followed by the Eastern Partnership’s Annual Conference on 7 December. The two events will bring…
Photo: EBRD

New funding opportunities for small businesses in Moldova

06 December 2018
Small businesses in Moldova will soon be able to bring their products and services up to EU standards, as the European Bank for Reconstruction and Development (EBRD) and EU are opening new funding opportunities. The EBRD is providing a €5 million loan to the Chisinau-based subsidiary of Banca…
photo: Shutterstock.com (A. Lesik)

Ukraine: Implementation of legislation for accident investigation in rail transport

05 December 2018
On 10–14 December, an expert from Lithuania will visit Ukraine to discuss the implementation of legislation for accident investigation in rail transport with representatives of the State Service of Ukraine for Transport Safety (Ukrtransbezeka). This expert mission is part of a series of four…
Photo: European Union

Armenia: EU helps rehabilitate Yerevan Metro

05 December 2018
On 30 November, the team of the EU Delegation to Armenia undertook a site visit to the Yerevan Metro to see the results of the extension of the drainage tunnel. The construction is being carried out in the framework of the EU-supported Yerevan Metro Rehabilitation Project – Phase II, which was…
Photo: European Union

Georgia: 10 battery electric “green” buses to be introduced in Batumi

04 December 2018
Batumi, Georgia’s third-largest city, will improve and modernise its public transport by introducing “green” buses. Batumi will acquire 10 battery electric buses, the first such ones in Georgia, and 20 new buses with Euro 5 reduced-emission engines to ensure improved environmental and operational…
Photo: European Union

EU approves disbursement of €500 million in Macro-Financial Assistance to Ukraine

30 November 2018
On 30 November, the European Commission, on behalf of the EU, approved the disbursement of the first €500 million of the new Macro-Financial Assistance (MFA) programme to Ukraine. With this disbursement, the total MFA extended to Ukraine by the EU since 2014 will reach €3.3 billion, the largest…