UN report: War in Ukraine to weigh heavily on Europe’s economies, fuelling inflation
Growth forecasts for the United States, European Union and China have been revised downward, with the EU registering the most
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Russia
MEPs approve suspension of EU duties on all Ukrainian exports
The European Parliament voted on May 19 to approve a one-year suspension of EU import duties on all Ukrainian exports,
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European Parliament, EU countries in deal on plans to restock gas reserves before winter
European Parliament and Council of the EU negotiators reached an agreement on May 19 on a new regulation setting mandatory
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World Bank announces $30BN response to global food security crisis
The World Bank has announced actions it plans to take as part of a comprehensive, global response to the ongoing
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EIB approves 4BN euro credit line to support integration of Ukrainian refugees in EU countries
The European Investment Bank’s (EIB) board of directors approved on May 18 a four billion euro credit line (or programme loan)
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Bulgaria allocates EU funds to assist Ukrainians fleeing the war
Bulgaria’s Cabinet decided on May 18 on the allocation of about 120 million leva in EU funds to assist Ukrainians
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EC proposes new 9BN euro for Ukraine, plan to cut reliance on Russian energy
The European Commission (EC) is proposing to top up the significant short-term financial relief provided to Ukraine up to now,
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EC launches phone helpline for those fleeing the war in Ukraine
The European Commission (EC) launched on May 16 a dedicated phone helpline in Ukrainian and Russian as well as all
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Bulgaria begins relocating Ukrainians who fled war
Two weeks before the expiry of the current Bulgarian government scheme to subsidise hotel accommodation for Ukrainians who have fled
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