The European Investment Bank (EIB), as part of a joint initiative with the European Commission – InnovFin Science, has agreed the issue of a loan of EUR 50 million for the UNIT.City innovative park.
According to a joint press release, the loan is provided as part of the EU’s Horizon 2020 research and innovation program and is managed by the EIB.
“Ukraine and more specifically the Kyiv urban area lack a proper ecosystem for R&D and IT companies at all stages of development, from start-ups to expanding high-tech companies. With its dedicated InnovFin Science support, the EIB is now helping Ukraine to bridge this gap. This will strengthen the competitiveness of the country and its capital city and enable it to take full advantage of its skilled workforce,” EIB Vice President Lilyana Pavlova stated.
“The EIB credit line provides up to 10 tranches of at least EUR5 million each. The funds are allocated for nine years with a very competitive annual interest rate for Ukraine. Money will be allocated for the construction of new campuses of the innovation park – B15, B16, B17, U1 – with a total area of 70,000 square meters. The total cost of the project (including components financed by the EIB) is estimated at EUR 110 million. Thus, about half of the estimated costs will be financed by the EIB,” the report on the bank’s website says.
“The project promoter and the EIB loan borrower is Unit Holdings LLC, a company established by UFuture Group. The project is expected to be completed by 2023 and it will generate up to 2,400 temporary jobs and increase permanent employment within the promoter’s business by 549 full time jobs. Indirectly, the project will support around 15,000 jobs in the tenant companies present at the UNIT.City innovation park,” according to the report.
Israel has sent drinking water, tents and sleeping beds to Ukraine for the operations to clean up the aftermath of heavy floods in Ivano-Frankivsk region, Foreign Minister of Ukraine Dmytro Kuleba said.
“The State or Israel has sent aid to Ivano-Frankivsk region to help alleviate the impact of massive floods. Many thanks to Israeli friends for supporting Ukraine’s response to the natural disaster. We highly value your solidarity!” the minister said on his Twitter page on Wednesday.
Poland resumes flights with Ukraine from Wednesday, July 1.
This is codified in a decree of the Council of Ministers of Poland dated June 30, released on the government portal Dziennik Ustaw Rzeczypospolitej Polskiej.
According to it, the ban on flights to Poland does not apply to the EU countries (with the exception of Sweden and Portugal), as well as Ukraine, Montenegro, Georgia, Japan, Canada, Albania and South Korea.
The decree will be valid from July 1 to July 14.
In turn, Igor Sikorsky Kyiv International Airport said on its website that Hungarian low-cost airline Wizz Air has already resumed flights from Kyiv to Wroclaw, Warsaw and Krakow.
The minimum retirement benefits will be raised in Ukraine from UAH 1,638 to UAH 1,712 from July 1 in connection with an increase in the minimum living wage for disabled persons, according to the press service of the Pension Fund.
“The Pension Fund of Ukraine has reviewed the retirement benefits from July 1, 2020 in connection with an increase in the minimum living wage for disabled persons from UAH 1,638 to UAH 1,712,” it said.
Regardless of whether a person is employed or not, the size of the supplements to retirement benefits, pensions for special services to Ukraine and other payments linked to the minimum living wage will be increased, the fund said.
National bank of Ukraine’s official rates as of 01/07/20
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of July 01
One troy ounce=31.10 grams
