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Top related persons:
Matteo Patrone - 2 ” - 1 Oleksandr Shchur - 1 Volodymyr Zelenskiy - 1 Zelenskiy - 1 Olena Harmash - 1 Timothy - 1 Pavel Klimov - 1
Top related locs:
Ukrainian Ukraine London Eastern Europe Caucasus Russia's Russia Mariupol
Top related orgs:
European Bank for Reconstruction - 2 Thomson - 2 EBRD’s - 1 Eastern - 1 Ukreximbank's Management - 1 Timothy Heritage - 1 Bank - 1 British - 1

Search resuls for: "Matteo Patrone"


2 mentions found


☆ EBRD lends 50 million euros to Ukraine's Ukreximbank
  + stars: | 2023-06-23 | by ( ) www.reuters.com   time to read: +2 min
KYIV, June 23 (Reuters) - The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of Ukraine's biggest banks, state-owned Ukreximbank, under an agreement signed on Friday. Matteo Patrone, EBRD’s Managing Director for Eastern Europe and the Caucasus, said in a statement that the funding would help keep finance flowing to Ukraine's private sector and municipalities despite Russia's war on its neighbour. Russia's full-scale invasion in February 2022 has hit the Ukrainian economy hard, devastating Ukraine's infrastructure and denting its industrial production capacity. New financing from the EBRD will definitely strengthen the resilience and adaptability of Ukraine’s economy,” said Oleksandr Shchur, a member of Ukreximbank's Management Board. The loan agreement was signed at the EBRD's headquarters a day after Ukrainian officials wrapped up the Ukraine Recovery conference in London.
Persons: Matteo Patrone, ”, Oleksandr Shchur, Volodymyr Zelenskiy, Zelenskiy, Olena Harmash, Timothy Organizations: European Bank for Reconstruction, EBRD’s, Eastern, Ukreximbank's Management, Timothy Heritage, Thomson Locations: Eastern Europe, Caucasus, Russia's, Ukrainian, Ukraine, London
☆ Ukraine targets seeks $40 billion for 'Green Marshall Plan'
  + stars: | 2023-06-18 | by ( Simon Jessop Olena Harmash | Simon Jessop | Olena Harmash | ) www.reuters.com   time to read: +4 min
The World Bank estimates Ukraine's reconstruction will cost $411 billion, three times the country's gross domestic product. Since Russia's invasion in February 2022, external backers have poured $59 billion into Ukraine for financing needs. "If you have to rebuild, it is logical to rebuild green in line with new technologies... Our vision is to build a 50 million tonnes green steel industry in Ukraine," he told Reuters. To help raise $20-$40 billion in initial funding, Ukraine plans a coalition of industry, public and private sector stakeholders to develop the plan, including doing initial scoping work on projects. "Ukraine's bravery on the battlefield must be matched by the vision of the private sector to help the country rebuild and recover," Sunak will say.
Persons: Pavel Klimov, Rostyslav, Volodymyr Zelenskiy's, Shurma, Rishi Sunak, Matteo Patrone, Ayomide Mejabi, Elisa Martinuzzi, Frances Kerry Organizations: Bank, Reuters, British, Ukraine, Ukrainian Development Fund, BlackRock, European Bank for Reconstruction, London, Republican, Democratic, Russia, NATO, JPMorgan, Jorgelina, Thomson Locations: Ukraine, Russia, Mariupol, Europe, Ukrainian, London, Britain, Rosario
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