Ukraine has signed an agreement on a single market with the EU
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During the meeting of the Ukrainian government and the European Commission in Kyiv, an agreement was signed on Ukraine’s participation in the European Union program “Single Market”. This was announced by Prime Minister Denys Shmyhal.
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“Single market”
“The budget of the Single Market program is 4.2 billion euros, and one of its main components is the development of business competitiveness. Our participation in this project will contribute to the additional support of Ukrainian entrepreneurs, who are the foundation of our economy,” wrote Denis Shmyhal.
“Single Market” is a program approved for the period from 2021 to 2027. Its purpose is to facilitate access to the markets of EU countries and support business.
The program provides, among other things, support for the competitiveness of small and medium-sized enterprises in EU countries.
1 billion euros from the budget are planned to be allocated to the financing of the COSME program, which specializes in particular in providing entrepreneurs with access to European financing.
Author: News feed editor Anna Nedogybchenko. She writes on the following topics: Finance, banks, economy, investments
Source: Ministry of Finance
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