Although its economy is very vulnerable, Moscow has no financial incentive to stop the war. Russian President Vladimir Putin may reconsider his position on continuing the war against Ukraine if the West can squeeze Russian oil revenues, according to a Reuters study. Despite the sanctions and...
Greece will give Ukraine a package of military aid with American howitzers. Greece is preparing a new military aid package to Ukraine, but will pass it through the Czech Republic, which will purchase the equipment and send it to Ukraine. Currently, Czech and Greek officials a...
The government has named five key sectors of Ukraine as future EU members. Prime Minister of Ukraine Denys Shmyhal singles out five sectors – defense, energy, agriculture, raw materials, and digital – in which Ukraine hopes to declare itself a future member of th...
Despite all the challenges, we continue to move towards the goal: Olha Stefanishyna on the progress and obstacles in European integration. Within the framework of the second event of Ukraine Business Network, where outstanding speakers from both the private and public sectors presented global macroeconomic forecasts for 2024-2025, scenar... #EuroIntegration #OlhaStefanishyna #Stefanishyna #UBNconferense #UBNliveEvent #UBNnetwork #UkraineBusinessNetwork #UkraineIntegrationInEU #новинивукраїні
The Weimar Triangle leaders have agreed to buy weapons for Ukraine with the proceeds from frozen Russian assets. France, Germany, and Poland will create a coalition to provide Kyiv with long-range artillery and will use the proceeds from frozen Russian assets for this purpose, German Chancellor Olaf Scholz annou... #DonaldTusk #EmmanuelMacron #MilitaryAidforUkraine #OlafScholz #RussianAssetsArrested #SupportUkraine #WeaponsforUkraine #WeimarTriangle
Germany suggests a possible Russian attack on NATO from 2026 on, while discussions about Western troops in Ukraine continue. German special services have analyzed the military threat from Russia, which predicts that “from 2026,” it may attack a member state of the North Atlantic Alliance. In particular, the Baltic states an... #AntonioTajani #ConflictwithRussia #ElinaValtonen #NATO #NATOsoldiers #RussainAgressor
The West is deliberately limiting the supply of weapons to Ukraine to induce Putin to de-escalate; instead, Russia is preparing a new summer offensive. Western countries limited the amount of weapons they provided to Ukraine to persuade Russian dictator Vladimir Putin to de-escalate the conflict, said the head of the Foreign Ministry of Lithuania, Ga... #GabrieliusLandsbergis #MilitaryAidforUkraine #RussianAgression #RussianOffensive #RussianTroops #WarinUkraine
European NATO countries are ready to spend almost $500B on defense; the EC has already allocated €500M to increase ammunition production. The threat posed by Russia forces has convinced NATO countries to arm themselves, and they also need to arm Ukraine, Secretary General Jens Stoltenberg said. He added that this year, the combined defe... #ArtilleryShells #DefenseIndustryEU #JensStoltenberg #MilitaryAidforUkraine #NATO #WeaponsProduction
Ukraine awaits a decision on a new IMF tranche on March 21 and $10B in external financing in March-April. The National Bank assumes that Ukraine will receive over $10B in external funding in March-April. A favorable decision by the IMF board of directors will allow Ukraine to receive the fourth tranche of... #EFFprogram #financialaidforUkraine #imf #SerhiyMarchenko #UkraineFacility
The House of Representatives is preparing its own support package for Ukraine; the Republicans are discussing the confiscation of Russian assets. Speaker of the House of Representatives Mike Johnson said that the new Ukrainian aid package should offer support in the form of credit or through lend-lease to protect the interests of American taxpa... #MichaelMcCaul #MikeJohnson #RussianAssets #SupportUkraine #USaidforUkraine #UScongress
The European Parliament supports using Russian assets for Ukraine’s benefit. Last week in Strasbourg, the European Parliament adopted a resolution on the EU directive regarding the detection and seizure of assets of criminal origin, which allows for the quick freezing and conf... #EuropeanParliament #LórántVincze #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #UkraineRecovery
Denmark will send $337M in aid, and the Czech Republic has found money to purchase an additional 200,000 artillery shells for Ukraine; what else are Ukraine’s allies preparing? The Danish government announced a new $337M (DKK 2.3B) military aid package for Ukraine. The package contains CAESAR self-propelled artillery systems and ammunition. Meanwhile, Poland announced the 45... #AmmunitionForUkraine #CaesarHowitzers #MilitaryAidforUkraine #PetrFiala #RadosławSikorski #TaurusMissile
Estonia proposes a plan to find €120B to help Ukraine. The allocation of €120B a year for Ukraine’s military aid is an approximate figure of what should be enough for Ukraine to win the war, said a representative of the Ministry of Defense of Estonia, Kus... #eurobonds #KustiSalm #MilitaryAidforUkraine #SupportUkraine #VictoryStrategy #WarinUkraine
The US Congress has started the vote on aid to Ukraine, bypassing Speaker Johnson. On March 12, Democrats in the House of Representatives of the US Congress officially began their promised attempt to force the chamber to vote on a bill that would provide a $61B aid package to Ukrain... #JimMcGovern #JoeBiden #MikeJohnson #USaidforUkraine #UScongress
The Weimar Triangle will meet in Berlin to discuss disagreements regarding Ukraine. French President Emmanuel Macron will travel to Berlin on Friday to meet with German Chancellor Olaf Scholz and try to reduce the tensions centered around Ukraine, writes Politico. Polish Prime Minist... #DonaldTusk #EmmanuelMacron #OlafScholz #SupportUkraine #WarinUkraine #WeimarTriangle
Ukraine’s integration into the EU will change the EU’s agricultural support system. According to Ukraine’s trade representative, Taras Kachka, the decision of the Committee of the European Parliament to extend duty-free trade for Ukrainian agricultural products was a chance to ... #AgroEU #agroUkraine #EuropeanIntegration #FreeTradeAgreement #TarasKachka
The White House announced a new $300M military aid package with ATACMS for Ukraine. National security adviser Jake Sullivan announced the US plans to send a significant number of additional ATACMS to Ukraine as part of the new $300M military aid package. Pentagon spokesman Maj. Gen. ... #APAM #ATACMS #HimarsForUkraine #JakeSullivan #PatrickRyder #Stinger #USmilitaryAid
Ukraine has fulfilled all of the EC’s recommendations that are required to approve the negotiating framework for EU accesion, said Prime Minister for Euro-Atlantic Integration Olga Stefanishyna. She added that the last legislative act was approved on Monday, which was necessary to complete the implementation of lobbying reco... #AssociationwithEU #EUmembership #EuropeanIntegration #OlgaStefanishyna #UkraineEU
Ukraine will receive the first €3B in profit this summer from frozen Russian assets. The EC wants to accelerate the approval of the mechanism that will allow the use of profits from frozen Russian assets so that Ukraine can receive the first €2-3B tranche in July. As the FT writes, th... #Euroclear #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
Ukraine and Poland are close to signing an agreement on joint customs control and are discussing mutual licensing of agricultural product exports. Deputy Minister of Infrastructure Serhiy Derkach said, following the ninth Polish-Ukrainian intergovernmental commission meeting, that Ukraine and Poland are finalizing a draft of the agreement on joi... #agroexportukraine #CustomsUkraine #CzesławSiekierski #ExportLicensing #PolandUkrainetrade #SerhiiDerkach
Borrell supports issuing bonds for the defense of the EU and using Russian asset revenues for Ukraine. The EU can issue bonds to finance defense needs, as Russia threatens the bloc’s security, said the head of EU diplomacy, Josep Borrell. Debates have recently begun on the prospect of the EU assu... #DefenseIndustryEU #JosepBorrell #militarybonds #RussianAssets #WeaponsforUkraine
Without external aid, the Ukrainian Armed Forces may lose their ability to hold the front by the summer, and the US criticizes Ukraine’s military strategy. Military analyst Dara Massicot of the Carnegie Endowment believes that without an increase in Western military aid and major changes in Kyiv’s strategy, Ukraine’s position on the battlefie... #DaraMassicot #Pentagon #VictoryStrategy #WarinUkraine #Zelenskyy
S&P Global Ratings expects that Ukraine will receive the entire volume of international financial assistance in 2024. In the coming years, support will remain for Ukraine from the international community, but the amount may be lower. The Ukrainian government expects to receive $38B from all donors in 2024, including ... #financialaidforUkraine #StandartandPoor #SupportUkraine #UkraineBudget #USaidforUkraine
The EC calls the problems on the Ukrainian-Polish border temporary and explains their causes. The Vice-President of the EC, Valdis Dombrovskis, explains that the problems on Ukraine’s border with Poland are a short-term consequence of the Russian war. More precisely, they are echoes from... #agroexportukraine #BorderBlockade #FarmersProtest #ValdisDombrovskis
Due to delayed funding from its allies, Ukraine is seeking more resources and is looking for other domestic sources to finance urgent needs. All of Ukraine’s internal resources are directed to funding the army; the state has almost exhausted its possibilities for domestic revenue sources, said the head of the budget committee of the Ukrain... #financialaidforUkraine #RoksolanaPidlasa #UkraineBudget2024 #UkraineBudgetDeficit
Trade facilitation and defense cooperation: Here is what Zelenskyy agreed to in Turkey. Ukraine and Turkey have signed an agreement that simplifies trade between the countries and removes obstacles to business, President Zelenskyy said after a bilateral meeting with Turkish President Rec... #RecepTayyipErdoğan #RussianUkrainianNegotiations #TurkeyUkraine #UkrainianPeaceFormula #Zelenskyy
Britain has found a way to provide more long-range missiles to Ukraine. British Foreign Minister David Cameron proposed that Germany exchange its Taurus missiles for British Storm Shadow missiles in order to provide Ukraine with long-range weapons. “We are ready to ... #AntonHofreiter #DavidCameron #LongRangeMissiles #OlafScholz #StormShadow #TaurusMissile
Ukraine and Poland will meet in Lviv on March 11 to discuss the border blockade and trade. On Monday, Ukraine and Poland will hold the ninth meeting of the Ukrainian-Polish Intergovernmental Commission on Economic Cooperation, co-chaired by Deputy Prime Minister Iryna Vereshchuk and Ministe... #agroexportukraine #BorderBlockade #FarmersProtest #IrynaVereshchuk #KrzysztofHetman #UkrainePoland
The Speaker of the House of Representatives and the Republicans are preparing their aid package for Ukraine. US House Speaker Mike Johnson and Republican chairmen of key House security committees are working to craft their version of an aid package for Ukraine, reported NBC News. However, Republicans who sup... #MikeJohnson #SupportUkraine #USaidforUkraine #UScongress #USmilitaryAid
The decision on the next IMF tranche for Ukraine will occur in the second half of March. The Executive Board of the IMF will hold a meeting on the third review of the Extended Financing Program (EFF) and the allocation of the next tranche for Ukraine in the second half of this month, said... #EFFprogram #financialaidforUkraine #imf #JuliaKozak
Finnish energy and construction companies will join Ukraine’s recovery, and Lithuania will allocate €5M to reconstruct social infrastructure. As reported by the Ministry of Infrastructure, during a meeting of government officials from Ukraine and Finland with Finnish businesses, discussions were held regarding cooperation in energy security... #FinlandaidforUkraine #GintareSkaiste #SupportUkraine #UkraineReconstruction #UkraineRecovery
The Czech Republic has completed fundraising and will purchase 800,000 artillery shells for Ukraine. Ukraine’s allies have collected all the financing needed for the Czech-initiated purchase, said President of the Czech Republic Petr Pavel. The necessary amount was reached after Norwegian authoritie... #AmmunitionForUkraine #ArtilleryShells #MilitaryAidforUkraine #PetrPavel #WarinUkraine #WeaponsforUkraine
The European Parliament supports a one-year extension of trade liberalization for Ukraine. On March 7, members of the Committee on International Trade of the European Parliament approved the continuation of trade liberalization measures to support Ukraine and Moldova. Accordingly, from June... #EuropeanParliament #FreeTrade #TradeAgreement #TradeLiberalization #UkraineTrade
The US is looking for alternatives and is preparing to allocate $200M from Pentagon reserves to Ukraine. White House officials are discussing whether the Biden administration can use approximately $200M in Defense Ministry reserves for emergency aid to Kyiv. These funds can be used to pay for weapons, ma... #JohnKirby #MikeJohnson #MilitaryAidforUkraine #Pentagon #USaidforUkraine
Ukraine may lose out on EU funds if reforms are not fulfilled. The €50B EU Ukraine Facility program will contain about 140 indicator conditions. The main areas of reforms in the program will be state administration, state finances, the justice system, and the fig... #EUfinancialAid #ReformsinUkraine #SupportUkraine #UkraineFacility
The EU is approaching a decision on the use of Russian assets. In Europe, the only politically realistic approach to using Russian money to finance Ukraine is considered to involve about 1% of the frozen funds. However, Ukraine needs about €100B a year to fight t... #Euroclear #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank #SupportUkraine
Britain is ready to lend the Russian Federation’s frozen assets to Ukraine. Britain is prepared to give Ukraine all the frozen assets of the Russian central bank that are being held in the country, on the condition that Russia will be forced to pay reparations to Ukraine afte... #DavidCameron #ReparationsForUkraine #RussianAssetsConfiscation #RussianCentralBank
France convenes a meeting of Ukraine’s allies on March 7 and joins the Czech initiative to purchase ammunition. France invited the ministers of foreign affairs and defense from Ukraine and its primary allies, as well as the Secretary General of NATO and the head of EU diplomacy, to participate in a video call o... #AmmunitionForUkraine #ArtilleryShells #EmmanuelMacron #PetrPavel #SupportUkraine
Germany joins the projectile coalition and will buy ammunition worth hundreds of millions of euros. Germany will take part in the Franco-Czech initiative to purchase hundreds of thousands of artillery shells for Ukraine’s armed forces, said Steffen Hebestreit, a representative of the German go... #AmmunitionForUkraine #ArtilleryShells #Bundestag #SteffenHebestreit #WarinUkraine #WeaponsforUkraine
The EC reveals the details of the EU’s defense strategy. Vice President of the European Commission Margrethe Vestager said the new system should allow the EU to move from a crisis response regime to a structural defense readiness regime that closely integra... #DefenseIndustryEU #MargretheVestager #UkraineDefensePurchases #WeaponsProduction
What will the EU’s new defense and industrial strategy give Ukraine? Integration and support of the Ukrainian defense industry have become one of the goals of the European Defense Industrial Strategy (EDIS). As reported by the Ministry of Strategic Industries, the stra... #DefenseIndustryUkraine #DefenseTechnology #EDIP #EUdefense
Ukraine is ready for EU trade restrictions on the condition that imports from Russia stop. Ukraine is prepared to accept restrictions on trade with the EU to defuse a sharp political dispute with Poland. At the same time, Kyiv calls on the bloc to ban the import of Russian agricultural prod... #agroexportukraine #TarasKachka #TradeAgreement #TradeRestriction #UkraineTrade
What military aid does Ukraine expect from its partners? The Canadian government has asked the parliament to allocate CAD 250M ($192M) for military assistance to Ukraine. In addition, Canada’s Defense Minister Bill Blair announced that his country wil... #BillBlair #CRV7 #MilitaryAidforUkraine #OlafScholz #TaurusMissile #WarinUkraine #WeaponsforUkraine
Sanctions are starting to have an effect: contractors are severing ties with the Russian Federation. Turkey’s Dertyol terminal, which received record volumes of Russian oil last year, will no longer accept cargo from Russia due to increased US sanctions. Global Terminal Services (GTS), which ma... #DertyolTerminal #OilEmbargo #RussianOil #SanctionsAgainstRussia #Sinokor
The European Commission proposes to extend Ukraine’s transport visa-free status with certain conditions. The EC sent a proposal to the Council of Europe to extend the agreement with Ukraine and Moldova on the liberalization of road freight transport for 2025. The conditions offered are the following: Mak... #EUUkrainefreetrade #FreeTradeAgreement #TradeVisaFree #transportvisafree #UkraineForeignTrade
France is considering sending special forces to Ukraine to create a “strategic dilemma” for Russia. The French authorities are considering allowing their special forces and military units to cross Ukraine’s border. This will enable Russia to face a “strategic dilemma.” There is an ... #EuropeanPeaceFund #FranceMilitaryAid #FrenchForces #NATOsoldiers #SupportUkraine #WarinUkraine
The EU plans to include Ukraine in the bloc’s defense industry support scheme with a separate budget of €1.5B. The EC plans to propose Ukraine’s membership in the EU defense industry support scheme. This will both incorporate Kyiv’s experience and bring Ukraine closer to EU membership. It is noted ... #DefenseIndustryUkraine #EDIP #EUdefense #EuropeanIntegration #WeaponsProduction
The EU does not plan on negotiating with Russia regarding gas transit through Ukraine, while Kyiv is open to some options. The European Commission does not plan to engage in any contact with Russia to continue the transit of Russian gas to European countries through Ukraine’s GTS. European Energy Commissioner Kadri ... #DenysShmyhal #GasTransit #KadriSimson #REPowerEU #RussianGas #UkraineGTS
The Netherlands signed a security agreement with Ukraine and will send €2B in military aid in 2024. Prime Minister of the Netherlands, Mark Rutte, came to Kharkiv on March 1 to sign a bilateral security agreement with Ukraine. The agreement provides for €2B in military aid in 2024 and further defens... #AmmunitionForUkraine #MarkRutte #NetherlandsAid #SecurityAgreement #WarinUkraine #WeaponsforUkraine
Five NATO countries are considering sending troops to Ukraine. Prime Minister of Estonia Kaja Kallas, commenting on French President Emmanuel Macron’s statement that EU countries may do so in the near future, said that the Estonian government is considering... #BillBlair #KajaKallas #KęstutisBudrys #NATOsoldiers #OnnoEichelsheim #RishiSunak #WarinUkraine