Business news from Ukraine

Business news from Ukraine

STAND UP FOR UKRAINE RAISED $4.6 BILLION IN GRANTS AND $5.5 BILLION IN LOANS TO HELP UKRAINIAN CITIZENS

10 April , 2022  

$4.6 billion (EUR4.1 billion) grants and $5.5 billion (EUR5 billion) loans following the Stand Up for Ukraine fundraising campaign will be used to support 4.4 million Ukrainian refugees in European countries and 6.5 million internally displaced persons (IDPs) in Ukraine, according to Global Citizen, one of the organizers of the action.
According to his press release, the European Commission – $1.1 billion, Canada – $80 million, Belgium – $904 million, Croatia – $111 million, Czech Republic – $222 million, Estonia – $0, in particular, announced their commitments and donations. 11 million, Finland – $778 million, Ireland – $58 million, Italy – $400 million, Malta – $0.06 million, Slovakia – $595 million, Sweden – $333 million, Qatar – $5 million.
In addition, the Development Bank of the Council of Europe made a statement on loans in the amount of $1.1 billion, and the European Investment Bank – in the amount of $4.4 billion (they still require the approval of the board of directors).
In addition, the European Bank for Reconstruction and Development confirmed that it will allocate $1.1 billion of a previously announced $2.25 billion package on March 9 specifically for projects in crisis-hit municipalities, the report said.
In a statement from the European Commission, it was previously specified that out of EUR9.1 billion, EUR1.8 billion are intended for internally displaced persons in Ukraine, and EUR7.3 billion for the accommodation of refugees in EU member states and neighboring countries.
Global Citizen points out that the Stand Up for Ukraine fundraising event was organized in partnership with European Commission President Ursula von der Leyen and Canadian Prime Minister Justin Trudeau, with the participation of Polish President Andrzej Duda.
The release also states that companies such as Blue Bottle Coffee, Bridgewater Associates, Cisco, The Coca-Cola Company, Continental Development Corporation, Crush Music, CSL Behring, DocuSign, Farmamundi Foundation, Google, Nestlé, Nespresso have made new corporate commitments. , Twitter, Verizon, The Foundation at Sanofi, Seadream Family Foundation and Sun Life.
In addition, the event was supported by more than a hundred artists, athletes, lawyers and citizens from around the world: Adam Lambert, Aitana, Alec Benjamin, Alejandro Sanz, Alex Len, Alexandra Stan, Andy Cohen, Angélique Kidjo, Annie Lennox, Antytila , Arlo Parks, Ashlee Simpson Ross, Au/Ra, Barbra Streisand, Barenaked Ladies, Bastille, Becky Lynch, Billie Eilish, Billy Porter, Black Eyed Peas, Bobby Weir, Bridget Moynahan, Bruce Springsteen, Carole King, Celine Dion, Chris Isaak , Chris Tomlin, Connie Britton, Dave Matthews, Daymond John, Dead & Company, Drew McIntyre, Dwane Casey, Dylan Dunlap, Ellen DeGeneres, Ellie Goulding, Elton John and David Furnish.
They also include Evan Ross, Fall Out Boy, Finn Bälor, Garth Brooks and Trisha Yearwood, Gelila Assefa Puck, Gloria Steinem, Green Day, Herbert Grönemeyer, Hozier, Hugh Jackman and Deborra-lee Furness, Isha Sesay, Ivar and Erik, Jamala, Jenna Dewan, Jennifer Lopez, Jesse McCartney, Jewel, Jill Vedder, Jim Kyte, Johnny Orlando, Jon Bon Jovi, Jonas Brothers, Juanes, Julian Lennon, Kacey Musgraves, Katie Couric, Katy Perry, Kerry Washington, KD Lang, Lennon Stella, Leon Bridges, Lilly Singh, Liv Morgan, Lola Lennox, Luis Fonsi, Luke Steele, Madonna, MÅNESKIN, Megan Morant, Metallica.
Also on this list are Michael Bublé, Michael Franti & Spearhead, Miley Cyrus, Nicky Jam, Nigel Barker, Nikki A.S.H., Nikolaj Coster-Waldau, Nuno Bettencourt, ONEREPUBLIC, Oprah Winfrey, Ozzy and Sharon Osbourne, Padma Lakshmi, Panic! At The Disco, Pearl Jam, Pharrell Williams, Priyanka Chopra Jonas, Radiohead, Red Hot Chili Peppers, Rita Ora, Rufus Wainwright, Sarsa, Seth ‘Freakin’ Rollins, Shayna Baszler, Shinsuke Nakamura, SOFI TUKKER, Stevie Nicks, Sviatoslav “Svi ” Mykhailiuk, Tame Impala, Thalia, The Lumineers, Third Eye Blind, U2, Ukulele U, Usher, Vito Bambino, Weezer, Within Temptation, Young Leosia, Zucchero and 5 Seconds of Summer.

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