News/Press

EFSE’s main target group is micro and small enterprises (MSEs) and low-income households
The European Fund for Southeast Europe (EFSE) has announced the expansion of its fund structure to promote lending in local currencies. Backed by a contribution of €44 million from the European Union’s EU4Business initiative, and €12 million from the German Federal Ministry of Economic Cooperation and Development (BMZ), the new ‘L-shares’ will be used to enhance local currency financing in the...
First Bankers’ Roundtable on Sustainable Financing for Entrepreneurs
The European Fund for Southeast Europe (EFSE) teamed up with the Central Bank of Armenia (CBA) on April 4 to hold the first Bankers’ Roundtable on Sustainable Financing for Entrepreneurs in Yerevan, in an event organised with the support of the EU4Business initiative. The gathering of influential bank executives from Armenia explored the role of the banking sector in achieving maximum...
ProAID portal
On April 4, the Ukrainian Ministry of Economic Development launched an official web portal for international technical assistance (ITA) coordination (ProAID) in Ukraine. The web resource contains full and updated information on current international assistance projects in Ukraine, their goals, donors and implementation status. The portal was developed by the MEDT reform support team with the...
Regional economic development in focus
On 4 April, an introductory seminar was held in Minsk on the application of the UNIDO (United Nations Industrial Development Organization) methodology in the EU4Business project on ‘ Support for local economic development in the Republic of Belarus ’, which is funded by the European Union and implemented by UNDP in partnership with Ministry of Economy of the Republic of Belarus. One of the...
Modelling the Economy and Politics for optimal development
An international forum on ‘Modelling the Economy and Politics for optimal development’ was held this week in the Armenian capital Yerevan, bringing together international and national scientists working on innovative modelling of economic theories, political and social behaviours, quantum theory of decision making, predicting financial risks and crisis, industrial research and development, and a...
Supporting Armenia’s SME Development Strategy
On 27 March, the OECD organised the second workshop on supporting Armenia’s SME development strategy in the framework of the EU-funded project ‘ EU4Business: From Policies to Action ’. The workshop focused on the monitoring system as a key aspect for an effective implementation of the SME Strategy. It presented good practice tools to monitor and report progress in the implementation of SME...
Maison & Objet Paris
Ukrainian interior designers are invited to apply for one of the five places on the Ukrainian stand at the ‘ Maison & Objet’ fair in Paris in September, one of the largest and most renowned European interior design and decoration exhibitions, as well as the most powerful online platform for professionals. The selected participants will receive support from the EBRD as part of the EU4Business...
Training on social responsibility in business
On 20 March, the International Trade Centre (ITC) in partnership with the Ukrainian Berries Association (UBA) and Nestle Ukraine organised a one-day training on social responsibility in business and core labour standards to help facilitate EU market entry for Ukrainian companies in the berry sector. The training was carried out in the framework of the 'Eastern Partnership: Ready to Trade' project...
From Policies to Action: OECD workshop on monitoring implementation of SME development strategy in Ukraine
On 20 February, the OECD organised the first workshop on monitoring the implementation of Ukraine’s SME strategy in the framework of the EU4Business project 'From Policies to Action'. The workshop focused on good practice tools to monitor and report progress in the implementation of SME strategies and action plans, including key performance indicators to better assess the impact of implemented...
Ukraine’s Deep and Comprehensive Free Trade Area treaty with the EU opens new opportunities for SMEs
• EU4Business-EBRD Credit Line launched in Ukraine: individual borrowers can receive loans of up to €3 million in UAH equivalent • Thousands of Ukrainian SMEs to benefit from funds worth up to €60 million • Credit line to support production upgrades, export potential Thousands of small and medium-sized enterprises (SMEs) in Ukraine stand to benefit from new financing opportunities offered by the...