New Grant Funding to Cope with the Economic Consequences of the Russia-Ukraine War
The current war between Russia and Ukraine has exposed numerous complications with the autonomy of the European Union. As key sectors struggle to reduce their dependence on foreign trade, leaders in EU member states are calling for greater sovereignty across the continent. This concept of increased self-sufficiency has been discussed often throughout the last decade – in particular during the height of the COVID-19 pandemic and resulting economic recession – however the recent escalation of conflict in eastern Europe has brought this conversation to the forefront like never before.
To counteract the economic consequences of the war that are being felt by the energy, industry and agri-food sectors, the EU and the French, Italian, German, and Dutch governments have created new grant programs. One of which – the REPowerEU program – is intended to rapidly reduce member states’ dependence on Russian fossil fuels.
Join Grants Office Europe for these special multi-country broadcasts as we identify new EU and France, Italy, Germany, and the Netherlands funding sources created in recent months to help small and medium business owners, farmers, oil