Leaders of the G-7 are committed to indefinite support for Ukraine. The Group of Seven leaders has committed to providing indefinite support to Ukraine for its defense against Russia’s invasion. “We will continue to provide financial, humanitarian, military, and diplo... #G7 #G7meeting #SupportforUkraine #Ukrainewar #WarinUkraine
Ukraine needs more Russian sanctions and more weapons. Following Sunday’s missile strikes on Kyiv that targeted a residential building, the Minister for Foreign Affairs of Ukraine, Dmytro Kuleba, called on the leaders of the Group of Seven to strengthen ... #DmytroKuleba #Sanctions #SanctionsAgainstRussia #WarinUkraine #WeaponforUkraine
Boris Johnson and President Macron agree to continue supporting Ukraine. Prime Minister Boris Johnson met French President Macron at the G7 Summit in Germany and discussed the crisis in Ukraine. They agreed this was a critical moment in the course of the conflict, and tha... #BorisJohnson #G7Summit #Macron
Ukraine has bought 2,900 anti-tank missile systems from Germany. On its own initiative and at its own expense, Ukraine has purchased 2,900 RGW 90 Matador anti-tank missile systems from the German company Dynamit Nobel Defence (DND), reported Welt. The German anti-... #AntiTankWeapon #RussianAgression #WarinUkraine #WeaponforUkraine
Ukraine offers to export electricity from its nuclear power plants to Germany. The Minister of Energy of Ukraine, Herman Galushchenko, confirmed that Ukraine’s nuclear plants are ready to export electricity to Germany. He noted that Germany’s decision to eliminate i... #electricityExport #ElectricityforGermany #UkraineNuclearPower
Ukraine will receive a €1B grant from Germany. The Minister of Finance of Ukraine, Serhiy Marchenko, and the Federal Minister of Finance of Germany, Christian Lindner, signed an agreement between the countries’ governments to provide Ukrain... #GermanGrant #GrantForUkraine #WarinUkraine
Oschadbank will start accepting applications for new business grants in July. Beginning July 1, the State Savings Bank will begin accepting applications from Ukrainians for microgrants of up to UAH 250,000 for a new business or the development of an existing business. Accordin... #Grants #GrantsForBusiness #oschadbank
The Ukrainian government will give up to UAH 3.5M to IT startups. Within the framework of the eRobota project, the state will provide grant assistance of up to UAH 3.5M ($110,000) for IT startups. It will also pay for a scholarship in the amount of up to UAH 30,000... #eRobota #GrantsForStartups #ITgrants #ITukraine
Ukraine is increasing grain exports by 50% every month. To address the global food crisis caused by Russia’s seaport blockade, Ukraine is increasing its grain exports across its western borders by 50% every month, announced the Ministry of Infrastruc... #GrainExports #GrainfromUkraine
Ukraine is working on building grain transshipment complexes. The Ministry of Agrarian Policy will offer businesses favorable conditions for the construction of grain transshipment complexes in order to expand land export capacities, announced the Minister of Ag... #grainexport #MykolaSolskyi #пшеницяУкраїни
Ukraine has received EU candidate status. European Union leaders have agreed to grant Ukraine and Moldova EU candidate status. “This is a historic moment,” said European Council President Charles Michel. “Today marks a crucial step on your p... #EUandUkraine #EUcandidateStatus #UkraineEUcandidateStatus
The UK will help Ukraine with de-mining the Black Sea coast. The United Kingdom is willing to assist with the de-mining operation around Ukraine’s Black Sea coast to release food supplies, said Boris Johnson. “I don’t want to get into the technical... #BorisJohnson #DeMineOdesa #DeminingBlackSea
The US will train Ukrainian fighter pilots on F-15 and F-16 fighter jets. “The US Congress introduced a bill that will allow the United States to begin training Ukrainian pilots and aircrew members on F-15s, F-16s, and other air platforms while the administration cont... #F15 #F16 #FighterJetsTraining #UkraineTrainedByUS
The US officially announces a $450M military assistance package for Ukraine. The White House has officially announced the allocation of an additional $450M in defense support for Ukraine to ensure the transfer of more weapons and equipment to the armed forces, including HIMARS... #JoeBiden #TheUEmilitaryAir #Ukrainewar #WarinUkrane
The PM of Portugal fears that Ukraine’s EU integration could become a trap. Portuguese Prime Minister Antonio Costa said that Ukraine’s integration into the EU could lead to its destruction, rather than strengthening it, and devolve into a trap for Ukraine if consistent deci... #AntonioCosta #UkraineEU #UkraineinEU
The NBU has printed another UAH 35B for the government. The National Bank of Ukraine (NBU) bought domestic government bonds from the Ministry of Finance for UAH 35B ($1.1B), reported the state bank. The economy is gradually adapting to the war, and state ... #Bonds #nbu #NBUprintingMoney
The EU expects Ukraine to export more grain, but receive iron ore. While the ports are blocked, the Ukrainian agricultural sector is trying to develop new export logistics by rail, road, and river across the border with EU countries. The average daily volume of rail... #grainexport #IronOre #IronOreExport #UkraineExport
Ukrenergo has received the first €50M from the EBRD to increase liquidity. State company Ukrenergo has received the first €50M from the European Bank for Reconstruction and Development (EBRD). It is provided under credit agreements to increase liquidity, and is planned to co... #ebrd #Kyivteploenerho #Ukrenergo #Ukrhydroenergo
Turkish UAV with a Ukrainian engine sets a new record. The Turkish Akıncı UAV, created by Baykar Makina, which has a Ukrainian-made engine, has set a new altitude record. According to technical director Selcuk Bayraktar, “Akıncı has again broken its... #BaykarMakina #Bayraktar #Bayraktardrones #motorsich #TurkishUAV
Ukrainian IT exports in 2022 have already earned $3.2B. According to the National Bank of Ukraine, in the first five months of 2022, the IT industry brought $3.2B to the Ukrainian economy. According to the IT Ukraine Association, as of June 1, the IT sect... #IT #ITexport #ITukraine #nbu
Biden is not afraid of fatigue from the war in Ukraine. US President Joe Biden is not afraid of the risk of global fatigue from the war in Ukraine increasing, reported Bloomberg. Biden commented on Prime Minister Boris Johnson’s statement that there... #fatiguefromwar #JoeBiden #Ukrainewar #WarinUkraine
The price of oil is falling amid expectations of Biden’s announcement to suspend the fuel tax. Oil prices fell more than $6 a barrel in response to US President Joe Biden’s lobbying to lower rising fuel prices, including pressure on the country’s primary energy companies. Futures f... #GlobalOilPrice #GrudeOil #JoeBiden #OilPrices #OliPrices2022
Europe has been advised to prepare for winter without Russian gas. The head of the International Energy Agency (IEA), Fatih Birol, has advised Europe to prepare urgently in anticipation of Russia to completely cutting off gas supplies in the winter. According to Biro... #EUenergy #EUwithoutRussianGas #FatihBirol #RussianGasBan
The EU will temporarily switch to coal to compensate for decreased Russian gas. Elina Bardram, the European Commission’s executive director for international affairs and climate finance, said the EU will temporarily return to using coal-fired power plants to make up for th... #EUcoalPlants #EUenergy #EUwithoutRussianGas
Ukraine might obtain EU candidate status tomorrow. Ukraine is awaiting approval of its EU candidate status at the EU Council summit on the morning of 24 June, with the possibility of this decision being made in the evening of 23 June, stated the Depu... #EUcandidateStatus #EUmembership #UkraineinEU
EU candidate status will boost Ukraine’s economic growth. EU candidate status will strengthen Ukraine’s economic growth and send a positive signal to investors, said American Chamber of Commerce President Andy Hunder. He added, “EU candidate stat... #ACC #AndyHunder #EUcandidate #EUcandidateStatus
Oil refining has been stopped completely in Ukraine. Ukraine’s entire oil refining industry has ceased to work due to targeted Russian rocket attacks, said the CEO of Naftogaz, Yuriy Vitrenko. “All oil refining in Ukraine is currently at a halt du... #CEOnaftogaz #Naftogaz #refiningindustry #YuriyVitrenko
The Ministry of Finance denies an additional import duty of 10%. Chairman of the Committee on Finance, Tax and Customs Policy Danylo Hetmantsev struck down the possibility of introducing an additional 10% import duty on non-critical imports, while the elimination o... #DanyloHetmantsev #Export #Import #ImportDuty #UkraineImportDuty
There are no concrete agreements on negotiations to unblock grain exports. So far, no concrete agreements have been reached on holding quadripartite talks with Ukraine, Russia, Türkiye`, and the United Nations to resolve the issue of grain exports from Ukrainian seaports bl... #BlckedSeaPorts #grainexport #GrainfromUkraine
Nothing about Ukraine without Ukraine. German Chancellor Olaf Scholz said that only Ukraine should decide on its future and opposed any agreement not endorsed by Kyiv. “Ukraine – and only Ukraine – decides what suits them... #GermanyandUkriane #OlafScholz #WarinUkraine
Advocates for Ukrainian business call for a reduction in rent for mining. Business leaders favor lowering the rent for the extraction of minerals during the war, which will support the mining and metallurgical industry, which has had its production reduced by 53%, said the... #ExtractionRent #MiningUkraine
Ukraine’s military spending is up to $6B a month; $7.5B will not be enough. The $7.5B in aid planned by the US administration will not be enough for Ukraine to effectively cover the costs of the full-scale Russian invasion, warned the head of the USAID, Samantha Power. Accord... #FinancialAid #SamanthaPower #USAID
U.S. Attorney General arrives in Ukraine to meet with Attorney General Iryna Venedyktova. Attorney General Merrick Garland announced a War Crimes Accountability team during an unannounced trip to Ukraine on Tuesday that will work to identify and prosecute anyone who has committed war cri... #IrynaVenedyktova #MerrickGarland #MerrickGarlandInUkraine #USAttorneyGeneral
The Ukrainian parliament supports the duty-free regime. The Ukrainian Parliament supports a bill that provides Ukraine’s accession to the Convention on the standard customs-free transit procedure. The document envisages the unification of rules on o... #DutyFreeRegime #DutyFreeWithEU #EUdutyFree
The government has resumed the taxation of imports and cars cleared through customs. The Ukrainian parliament re-established the customs duties for individuals when importing vehicles as well as the VAT on imported goods. The resumption of VAT payment on imports came into force for f... #Export #Import #TaxesinUkraine #UkraineTaxation
State budget revenue show a 11% surplus in the first quarter. In the first quarter of 2022, Ukraine’s state budget revenue needs were exceeded by 11% due to the early payment of dividends. However, moving forward, the solvency of the country’s budge... #StateBUdgetRevenue #UkraineBudget2022 #UkraineStateBudget #ValeryPatskan
The state budget receives 30% of customs and 70% of tax revenues. Today, the state budget receives 30% of customs and 70% of pre-war tax revenues, said Finance Minister Serhiy Marchenko for EBA. He noted that Ukraine’s state budget is currently adjusted to mar... #BudgetRevenue #UkraineBudget2022 #UkraineStateBudget
Ukraine’s losses from destroyed housing, business, and infrastructure amount to half of the GDP. The National Bank of Ukraine estimates Ukraine’s losses from destroyed housing, business, and infrastructure due to Russian aggression at 50% of 2021’s GDP, or $100B. In addition, this figure i... #UkraineDamages #UkraineWarDamages #WarDamages #WarLosses
The Baltic states are asking the EU for help with the support of Ukrainian refugees. The leaders of Lithuania, Latvia, and Estonia addressed a joint letter to the President of the European Council, Charles Michel, and the President of the European Commission, Ursula von der Leyen. Th... #BalticStates #CharlesMichel #RefugeesFromUkraine #Ukraine Refugees
The Ukrainian Government will give grants to new businesses through the eRobota program. According to the Prime Minister of Ukraine, Denys Shmyhal, the Ukrainian government is launching the eRobota program, under which the state will provide grants of up to UAH 250,000 ($8,000) to start... #DenysShmyhal #eRobota #GrantsForBusiness #UkraineGrants
Ukraine has raised UAH 7.8B from the sale of military bonds. At an auction on June 21, the Ministry of Finance raised almost UAH 7.8B from the sale of military bonds, and the rates remain unchanged. In total, investors were offered five issues of military bond... #Bonds #eurobonds #militarybonds #ukrainebonds
Ukraine might be given a forbearance for foreign debt payments. The possibility of providing Ukraine with foreign debt payment forbearance is currently being discussed, as announced by the National Bank of Ukraine. Today, the total financial assistance that has b... #Debtforbearance #nbu #ukrainedebt #UkraineNationalDebt
The EU seeks agreement on a €9B loan to Ukraine this week. The European Union intends to agree on the details of the €9B financial assistance package for Ukraine in the coming days, reported Bloomberg. The new macro-financial assistance program will consist o... #EUaidforUkraine #EUcomission #financialaidforUkraine #LoanForUkraine
All EU members support Ukraine’s candidacy. Deputy Prime Minister of Ukraine Olga Stefanishina said on Monday that three countries that had previously opposed granting Ukraine EU candidate status had changed their minds after the European Commi... #EUandUkraine #EUforUkraine #EUmembership #EUsupportsUkraineMemberishp #OlgaStefanishina
Ukraine can go from EU candidate to full member in a year or two. “We can do it with the support of our friends in the European Union much faster. I would love to see it happen in a year or two, however, I might just be too optimistic,” said Chairman of ... #ukraineCandidateStatus #UkraineEU
The Ukrainian Parliament wants to start negotiations to write off the national debt. The Servant of the People political party called on the president and the government to start talks with international partners on writing off public debt. The statement was made by the Servant of th... #NationalDebt #NationalDebtWriteOff #ukrainedebt
Ukraine’s Eurobonds continue losing their value. Ukrainian Eurobonds have been falling in price for almost a month, losing an average of another 7.7% last week. The shortest-maturing securities decreased the least in September this year – by ... #BondLoosingValue #BondMarketUkraine #eurobonds #ukrainebonds
The fuel shortage in Ukraine should stabilize by the fall. The fuel shortage, which arose due to the shelling of fuel production and storage infrastructure, will stabilize closer to the fall, stated the Minister of Infrastructure of Ukraine, Oleksandr Kubrako... #FuelCrisisUkraine #FuelShortage #UkraineFuelCrisis
Ukraine has not yet made progress in unblocking maritime grain exports. Volodymyr Zelenskyy stressed that in the current naval blockade conditions, Kyiv is trying to establish food exports by rail and through the ports of neighboring countries. Still, these have less cap... #grainexport #UkraineGrainBlockage #пшеницяУкраїни
Ukraine exports about 1.5 million tons of grain by land. Ukraine has recently exported an average of 1.5 million tons of grain per month by land, stated Coordinator of the Council of Exporters and Investors Olga Trofimtseva. She noted that European infras... #grainexport #GrainExportCrisis #пшеницяУкраїни
