56
Austria has announced the creation of a special fund which aims to allocate up to €500 million over the next five years to support Austrian exports to Ukraine.
According to the Austrian Foreign Ministry, the fund was established by the Austrian Ministry of Finance and the Austrian export credit agency OeKB.
Raising funds from international financial institutions could even increase the amount of funding to one billion euros, the message reads.
Approximately €100 million per year is earmarked for new business. This will also open up…