WASHINGTON, 8 April 2020 – Decisive policy measures that prioritize investments in
health care systems and provide safety nets for people, especially the most vulnerable, are critical to mitigating the impacts of the COVID-19 (coronavirus) pandemic in Europe and Central Asia, says the Spring 2020 Economic Update for the region.
In addition, countries in the region can help sustain economic activity by supporting the private sector with temporary business credits, tax cuts, or tax payment deferrals. Small and medium enterprises that are impacted could benefit significantly from targeted government subsidies.
outbreak of COVID-19 (coronavirus). As the virus spreads around the world, we also need to understand what it means for the education systems of Europe and Central Asia.
administration/council owners of the Lviv International Airport,Kherson International Airport,Chernivtsi International Airport and Zaporizhia International Airport is interested in exploring options to bring private sector financing and expertise into the rehabilitation, expansion and operations of the country’s airport sector, in order to improve service and reduce subsidies. to that end, the Global Infrastructure Facility, the International Finance Corporation and the European Bank for Reconstruction and Development are supporting the MIU and the regional and city administration/councils in conducting a preliminary assessment of options to attract private sector participation in the rehabilitation and expansion of the Airports. IFC and EBRD will procure and manage specialized technical and legal consultants for the assessment, supervise their work,and manage interactions with the public sector clients.

for countries in the Europe and Central Asia (ECA) region. Low oil and other commodity prices in the eastern half of the region, a decline in investment rates in the European Union, and ongoing structural challenges in all countries are hampering growth in the region and contributing to an increase in populism and polarization, says the latest
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