BGN Entrepreneur

In order to help some key industries in the European countries to survive the economic recession, the European Union recently released the Crisis Fund.
Though Iceland is the only other eligible country to apply for EU’s financial assistance fund so far, signs emerge that there are more countries besides Hungary in difficulties, such as Ukraine. They are looking for help from EU’s macro-financial assistance fund.
As a result of the needs for large amount of emergency injection cash, the EU crisis fund available to member states and selected neighbours will be more than doubled to €25 billion.

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