The United States is urging the European Union to provide guarantees for the continuation of sanctions against Russia to facilitate a $50 billion loan to Ukraine
Tag: Economy
Shipping giant Maersk has introduced the first deep-sea container service to Ukraine since the onset of the large-scale invasion by the Russian Federation
The United States Agency for International Development (USAID) has announced the launch of grant applications under its “Investments for Business Sustainability” project, aimed at increasing financing for small and medium-sized businesses (SMEs) in Ukraine
The oil market experienced significant losses following the recent OPEC+ decision. Investors are closely monitoring new signals from the United States, the world’s largest economy
President Volodymyr Zelenskyy is set to participate in the G7 summit, scheduled for June 13-15 in Brindisi, southern Italy
The Ministry of Economy has announced that within the framework of the Ukraine Facility program, between €1 billion and €1.5 billion will be allocated for business support in 2024
This year, Ukraine will receive military aid amounting to €6 billion from Denmark, Norway, Sweden, Finland, and Iceland as part of the security agreements signed with these countries
On May 30, the President of Estonia, Alar Karis, signed a law allowing the confiscation and use of frozen Russian assets to compensate for the damages inflicted by Russia on Ukraine, as reported by ERR
First Deputy Prime Minister and Minister of Economy Yulia Svyridenko announced that the “Ukrainian Cashback” program, initially revealed in February, is expected to be launched by the end of summer
Sweden has announced a new aid package aimed at increasing Ukraine’s power generation and transmission capacity
Sweden has announced its largest military support package for Ukraine to date, valued at SEK 13.3 billion ($1.3 billion)
The company “Voden Ukrainy” and AB5 Consulting have secured a grant from the British government to implement the H2U project, focusing on the production of renewable hydrogen in Reni, Odesa region
Latvia will allocate 20 million euros to support a coalition of drones for Ukraine, matching the same amount for strengthening the Latvian army with drones by the end of the year
Ukraine and Belgium have formalized a bilateral agreement on security cooperation and long-term support
German Foreign Minister Annalena Baerbock has announced the provision of €60 million in humanitarian aid to Ukraine
This unprecedented move represents the largest single aid package Spain has ever provided to another nation, reflecting its strong support for Ukraine amid ongoing conflicts.
On May 23, an International Monetary Fund (IMF) delegation, led by Alfred Kammer, the head of the European Department of the IMF, began meetings in Kyiv with representatives of the Ukrainian government
The European Union is actively discussing the 14th package of sanctions against Russia, with a focus for the first time on imposing restrictions on Russian liquefied natural gas (LNG)
The Diya.City initiative, a special tax regime tailored for the IT industry in Ukraine, has successfully attracted 1,000 resident companies, as reported by Diya
President Volodymyr Zelenskyi has signed a law that legalizes the work of domestic workers in Ukraine, according to an announcement on the Verkhovna Rada’s website
Sweden has announced a significant long-term military support package for Ukraine, amounting to 75 billion Swedish crowns ($7 billion) over three years
The Ministry of Foreign Affairs of Estonia has announced the allocation of €656,447 for humanitarian aid to Ukraine.
Significant Increase in Cargo Handling
Germany has expressed its support for the U.S. plan to transfer $50 billion from the revenues generated by frozen Russian assets to aid Ukraine