The EIB is strengthening its support for Ukraine’s recovery and economic development. The European Investment Bank has announced several support programs at URC2024 in Berlin. The EIB Group is preparing two programs to restore Ukraine’s housing stock. The first is a €230M initiat... #EIB #HousingModernization #UkraineReconstruction #UkraineRecovery #URC2024
The US and EU are strengthening their military support for Ukraine, providing various air defense systems. US President Joe Biden decided to transfer another Patriot missile complex to Ukraine, the second system Washington has transferred. The system will be deployed on the front line in just a few days. M... #dronestoUkraine #FPVdrones #JoeBiden #Mistral #Netherlands #Norway #PatriotMissiles #WarinUkraine
The EC will create an equity fund to promote Ukraine’s recovery. German Chancellor Olaf Scholz reported that his country and its European partners are already defining decisive guidelines and essential prerequisites for Ukraine’s successful recovery. “Recover... #Germany #OlafScholz #UkraineRecovery #URC2024
URC2024: The preliminary results from the Ukraine Recovery Conference in Berlin. President Zelenskyy stated that, with the help of its partners, Ukraine will build up to one GW of gas-fired generator shunting capacity this year and another four GW in the coming years. The Chancell... #OlafScholz #PatriotSystems #SupportUkraine #UkraineFacility #URC2024 #UrsulavonderLeyen #Zelenskyy
The parliament explains how Ukraine could cover its budget deficit. Due to military expenses, a deficit has formed in the state’s budget. Ukraine spent 43% of the planned annual defense budget in just four months. According to the Chairman of the Parliament’s Fi... #BudgetDeficit #DanyloHetmantsev #UkraineBond #UkraineBudget2024 #WarExpensesUkraine
In Berlin, Ukraine presented a $27B investment guide, and the EU launched the Ukraine Investment Framework. The Ministry of Economy of Ukraine presented its Investment Guide at the URC2024 in Berlin. The guide contains a detailed overview of key sectors – energy, transport and logistics, the agro-indu... #investments #UkraineFacility #UkraineInvestmentFramework #UkraineRecovery #URC2024 #YuliyaSvyridenko
The US will allow the transfer of American weapons to the Azov Brigade and permit Ukraine to attack 16% of Russian territory. The US has rescinded its ban on the transfer of American weapons to the Ukrainian Azov Brigade, which has been in place since 2017. From now on, these servicemen will be able to receive the same armed... #AmericanWeapons #Azov #Azovstal #RussianMilitaryTargets #WarinUkraine
Ukraine needs up to $30B in annual investment, and the government has identified five priorities for rapid recovery. Ukraine needs from $10 to $30B in annual investments for the next 10 years, Prime Minister Denys Shmyhal said. “Our budget deficit is about 20% of GDP. It is important that the support is predic... #DenysShmyhal #GDPinUkraine #InvestmentsinUkraine #UkraineBudget2024 #UkraineEconomy
The global business community has created an advisory board for Ukraine, which will work on improving the business climate and attracting investment. Representatives of the world’s leading companies and business associations who are interested in investing in the Ukrainian economy have created the Business Advisory Council. The council’s inau... #BusinessAdvisoryCouncil #investments #SiemensEnergy #UkraineEconomy #URC2024
The G7 will create a fund for Ukraine using income from frozen Russian assets. Nikkei reported that the G7 plans to create a new fund to support Ukraine through grants, using future income from frozen Russian assets. The World Bank will administer the fund and be funded by contr... #Euroclear #G7 #RussianAssets #RussianAssetsProfits #SupportUkraine
Ukraine is preparing for the first conference on Ukraine’s accession to the EU. Ex-Deputy Minister of Energy and Energy and Climate expert Oleksiy Riabchyn said that all of Ukraine’s demands are contained in 33 negotiating chapters, compiled into six clusters. In addition t... #EUexpansion #EuropeanIntegration #OleksiyRiabchyn #OlgaStefanishyna #UkraineEU #UkraineEUNegotiations
European Parliament Elections: The European People’s Party is leading, and Ursula Von der Leyen seeks to create a majority with pro-Ukrainian forces. According to preliminary data, the European People’s Party (EPP) is leading the elections in the European Parliament. The same political force has a majority under the current composition of the... #EPelections #EuropeanParliament #EuropeanPeopleParty #UrsulavonderLeyen
The G7 still hasn’t agreed on a mechanism for using profits from Russian assets to help Ukraine. At the G7 Summit in Apulia, Italy, on June 13-15, the leaders of the member countries hope to agree on using profits from Russian assets frozen in the West to provide Ukraine with budget support and h... #G7 #LoansForUkraine #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine
NATO will expand its defense cooperation with Ukraine and share intelligence. NATO plans to expand cooperation with Ukraine in defense technologies and share additional intelligence data to combat Russia in cyber security. The agreement is planned to be finalized before the All... #CyberSecurity #DefenseTechnology #NATO #WarinUkraine
The NATO Secretary General scaled back his proposed €100B fund for Ukraine, but the Alliance plans to create a new special envoy position for Ukraine. NATO chief Jens Stoltenberg is abandoning plans to develop a five-year, €100B military aid fund for Ukraine after facing opposition from fellow allies. Instead, a new proposal is being considered with... #JensStoltenberg #NATO #NATOsummit #SupportUkraine #WarinUkraine
During a meeting with Zelenskyy, Biden announced a new $225M military aid package and apologized for the six-month delay in delivering weapons. The American and Ukrainian leaders met in Paris, where they both came to mark the occasion of the 80th anniversary of the Allied D-Day landings in Normandy. US President Joe Biden announced a new defe... #HIMARSartillery #Javelin #JoeBiden #M113 #UScongress #USmilitaryAid #WarinUkraine #Zelenskyy
Paris will provide Mirage 2000-5 fighter jets to Kyiv and launch a training program for Ukrainian pilots. The training will begin this summer and will take five to six months, and the handover of the planes will take place closer to the end of the year, French President Emmanuel Macron said after meeting ... #EmmanuelMacron #EuropeanPeaceFund #France #Mirage2000 #WarinUkraine
The basis of the Ukrainian negotiating position during its accession to the EU will be a development strategy for the agricultural sector. The Deputy Prime Minister for European integration, Olga Stefanishyna, noted at the Strategy for the Development of Agriculture and Rural Areas through 2030 presentation that the agricultural sector i... #agroUkraine #EuropeanIntegration #OlgaStefanishyna #UkraineAccessionToEU #UkraineEU
The EC gives a positive assessment of European integration reforms in Ukraine. The European Commission provided a positive verbal evaluation on the progress of European integration reforms by both Ukraine and Moldova, as outlined in the November report on EU enlargement. The EC ... #DmytroKuleba #EUexpansion #EuropeanIntegration #UkraineAccessionToEU #UkraineEU
Biden promises to continue supporting Ukraine but will not allow strikes on the Kremlin with US weapons. The US and its allies will continue to help Ukraine in the fight against Russian aggression to prevent the country from being enslaved and endangering Europe, US President Joe Biden said during a cere... #JoeBiden #Normandy #RussianAggression #RussianMilitaryTargets #SupportUkraine #WarinUkraine #WesternWeapons
The EU is discussing using funds from the bloc’s budget to guarantee a loan to Ukraine but is leaning toward the US proposal. The European Commission is deliberating the use of future interest from frozen Russian assets to fund a multi-billion-dollar loan to Ukraine and guaranteeing this money through a seven-year EU budge... #G7 #LoansForUkraine #RussianAssets #RussianAssetsProfits #SupportUkraine #UkraineBudget2024
Ukraine has finally ratified the agreement with the EU on financing under the Ukraine Facility program: it is expected to attract €1.89B in June. Ratification of the agreement will include the necessary control and audit mechanisms for the €50B instrument that is in place from 2024 through 2027, subject to the successful implementation of the P... #EuropeanIntegration #FightingCorruptioninUkraine #financialaidforUkraine #SupportUkraine #UkraineFacility
France will provide €650M to help Ukraine in critical sectors. During President Volodymyr Zelenskyy’s visit to France, two agreements will be signed that will provide support for key sectors of the economy and critical infrastructure. The French Development... #CriticalInfrastructure #EmmanuelMacron #EnergyInfrastructure #France #Normandy #Zelenskyy
Twelve European countries insist on starting negotiations on Ukraine and Moldova’s accession to the EU in June. 12 EU member states issued a joint appeal to quicken the process of Ukraine and Moldova’s accession to the EU and to formally begin membership negotiations by the end of June. The letter sent to... #EUexpansion #EuropeanIntegration #Moldova #UkraineAccessionToEU #UkraineEU
China claims that the international community supports its peace plan for Ukraine. More than two dozen countries have allegedly expressed their support for the terms presented in China’s alternative peace plan, said Chinese Minister of Foreign Affairs Wang Yi. China presented ... #China #ChinaPeacePlan #PeaceSummit #Switzerland #WangYi #Zelenskyy
The US demands long-term sanctions against the Russian Federation from the EU in exchange for $50B in aid for Ukraine. The US is demanding guarantees from the EU that sanctions against Russia will be maintained in order to implement a loan mechanism that will provide Ukraine with a $50B loan secured by profits from fr... #G7 #LoansForUkraine #RussianAssetsConfiscation #RussianAssetsProfits #SanctionsAgainstRussia #SupportUkraine
The EBRD will provide Ukraine with €300M to restore energy infrastructure and construct new decentralized generation. Ukraine and the EBRD signed a memorandum under which the European Bank will provide €300M to support Ukraine’s energy sector. “This support will help to fulfill our goal – to ensure ... #DenysShmyhal #ebrd #EnergyDecentralization #energyukraine #UkraineEnergyLosses
President Biden: Peace in Ukraine does not mean NATO membership. In an interview with TIME, US President Joe Biden said that peace in Ukraine means ensuring that “Russia never, never, never, never occupies Ukraine”. But this does not mean NATO membershi... #JoeBiden #SupportUkraine #UkraineNATO #USmilitaryAid #WarinUkraine
The US is discussing with Ukraine the expansion of the strike area in Russian territory, and Italy is providing an additional SAMP/T. Washington is in talks with Kyiv about expanding the scale of strikes in the territory of the Russian Federation, said John Kirby, coordinator of strategic communications at the National Security Coun... #ATACMS #HIMARSartillery #JohnKirby #SAMP/T #WarinUkraine #WesternWeapons
NATO is developing logistical paths to transfer American troops in the event of Russian aggression against European allies. NATO is developing several “land corridors” to transfer American forces and armored vehicles to the front line in the event of a major European ground war with the Russian Federation, writ... #AmericanTroops #NATOsoldiers #RussianAggression #WarinUkraine
The Cabinet of Ministers of Ukraine approved a change plan with 200 reforms for 2024. The Cabinet of Ministers approved the Reform Matrix, a change plan that includes officially approved recommendations from international partners. The matrix was created with the assistance of the Worl... #ReforminUkraine #UkraineEconomy #UkraineFacility #UkraineRecovery #worldbank
The Netherlands will allow the use of F-16s on targets in Russia, and Germany will permit Ukraine to shoot down Russian aircraft with Patriot systems. During her trip to Singapore, Dutch Defense Minister Kajsa Ollongren reassured Kyiv that the 24 F-16 fighter jets the Netherlands intends to donate to Ukraine may be used to strike targets inside Russ... #AlexanderDeCroo #ChristianFreuding #F16 #KajsaOllongren #PatriotMissiles #RussianMilitaryTargets #WarinUkraine #WesternWeapons
Germany will provide a new €500M aid package, a Patriot air defense system, and allow Ukraine to use its weapons to strike military facilities in Russia. During his trip to Odesa at the end of last week, German Defense Minister Boris Pistorius announced a new €500M military aid package for Ukraine. The aid includes a large number of missiles for Iris-T... #BorisPistorius #Germany #IRIS-T #MilitaryAidforUkraine #PatriotSystems #RussianMilitaryTargets #WarinUkraine
Ukraine and the US will sign a security agreement during the G7 summit in Italy. The Presidents of the US and Ukraine, Joe Biden and Volodymyr Zelenskyy, will sign a bilateral security agreement during the G7 summit on June 13-15. The agreement between Ukraine and the US is consid... #JoeBiden #NATOUkraine #SecurityAgreement #SupportUkraine #WarinUkraine #Zelenskyy
The US still forbids Ukraine from hitting Russian territory with ATACMS missiles. The US has allowed Ukrainian forces to use artillery and launch short-range missiles against military facilities in Russian territory that are used for attacks on the Kharkiv region. However, US autho... #ATACMS #JensStoltenberg #Kharkiv #NATO #RussianMilitaryTargets #WarinUkraine #WesternWeapons
NATO will present a new €40B annual financing scheme for Ukraine and “build a bridge” to membership. NATO Secretary General Jens Stoltenberg believes in the approval of the Ukraine’s new defense financing system by the Alliance members at the NATO summit. After the ministerial meeting in Prague, dedi... #AnthonyBlinken #JensStoltenberg #NATOsummit #SupportUkraine #UkraineNATO #WarinUkraine
Sweden will provide Ukraine with €6.5B under a security agreement and consider transferring Gripen aircraft. A security agreement signed on May 31 between Ukraine and Sweden will provide Kyiv with SEK 75B (€6.5B) in military aid, and it also stipulates the prospect of transferring JAS 39 Gripen aircraft to U... #ASC890 #DefenseIndustryUkraine #GripenAircraft #SecurityAgreement #SupportUkraine #Sweden #WarinUkraine #WeaponsforUkraine
The G7 and the EU are working on restrictions for international banks that assist Russia. G7 countries and the EU are studying ways to increase pressure on banks from third countries that help the Russian Federation circumvent sanctions. Currently under discussion are restrictions aimed at... #circumventionOfSanctions #EuropeanBanks #G7 #RussianBanks #SanctionsAgainstRussia #SWIFT
Germany is close to allowing Ukraine to strike targets in Russia, the US is slowly warming to the idea, and Denmark will allow F-16 fighter jets to attack inside Russia. According to Politico, German Chancellor Olaf Scholz may allow Ukraine to strike Russia with German weapons. He declared that Ukraine has a right to use German weapons “within international law.... #AnthonyBlinken #Denmark #F16 #Norway #OlafScholz #RussianMilitaryTargets #WarinUkraine #WesternWeapons
On May 31, NATO countries will discuss the €100B package of military support for Ukraine that has been proposed by Stoltenberg. According to Reuters, amid uncertainty regarding the US’ future support for Ukraine stemming from the possible reelection of former President Donald Trump to the White House, the Secretary General of ... #DonaldTrump #JensStoltenberg #NATOsummit #Ramstein #USmilitaryAid #WarinUkraine
The artillery initiative for Ukraine: How many countries have provided funds, when will deliveries begin, and why are they delayed? So far, only four countries have contributed funds: Canada, Denmark, the Netherlands, and Portugal. Luxembourg promised to contribute €5M yesterday. The Czech Republic is now calling on the allies who... #AmmunitionForUkraine #ArtilleryShells #MichalStrnad #WeaponsforUkraine #WeaponsProduction
The US will supply Ukraine with more large-caliber ammunition: a new plant with a capacity of 30,000 shells per month was opened in Texas. Texas has opened a new factory to produce 155 mm artillery shells, reports the NYT. As noted, the enterprise will produce about 30,000 shells every month. The opening of the new General Dynamics plant... #AmmunitionFactory #ArtilleryShells #GeneralDynamics #Pentagon #WarinUkraine #WeaponsProduction
Ukraine and the US have agreed on financial assistance in the form of a loan. The Cabinet of Ministers of Ukraine approved an agreement between Ukraine and the US on attracting financial aid for the Ukrainian budget within a support package totaling more than $60B. Economic ass... #LoansForUkraine #SupportUkraine #UkraineBudget2024 #USfinancionaidforUkraine
The easing of EU sanctions on Russian metal will provide Putin with €1.5B for weapons. Despite numerous sanctions, the Russian economy is developing and growing (2.2% last year), and the country continues earning billions in the European market. Therefore, said Aaron Pluto, a strategic ... #AaronPluto #MetallurgyRussia #MetalProductsRussia #RussianEconomy #RussiaProfits #SanctionsAgainstRussia
The EU will punish Hungary to help Ukraine’s accession to the bloc. Hungary will not retain its current position as an enlargement commissioner in the new European Commission. As diplomats told Politico, the EC is tired of Hungarian Prime Minister Viktor Orbán’s... #EUexpansion #EuropeanCommission #EuropeanIntegration #Hungary #UkraineAccessionToEU #UkraineEU #VictorOrban
Germany and the Czech Republic have led the energy revolution in the EU and want to eliminate the remaining 20% of imports from Russia. Germany and the Czech Republic are calling on the EU to do more to cut the last 20% of Russian energy imports. The countries are asking for the creation of a working group to determine ways to gradual... #CzechRepublic #EnergyIndependence #EnergySourcesRussia #EUenergy #Germany #LNG #RussianGas
So far, 11 countries have given Ukraine permission to use their weapons to strike targets in Russia, and Putin spouts threats. Poland’s Deputy Defense Minister Cezary Tomczyk said that his country has no objections to Ukraine using Polish weapons to hit targets in Russian territory. Similar permission was also granted b... #CezaryTomczyk #LongRangeMissiles #Putin #RussianMilitaryTargets #WarinUkraine #WesternWeapons
The EU wants to start negotiations on Ukraine’s accession before Hungary’s presidency begins in July. On May 29, representatives from 27 European governments discussed the draft framework for negotiations on the accession of Ukraine and Moldova to the EU. As Politico writes, time is of the essence bec... #EUexpansion #EuropeanIntegration #Hungary #Moldova #OliverVarhelyi #UkraineAccessionToEU #UkraineEU
A British economist and expert on Ukraine is convinced that the West still does not finance and arm our country sufficiently for a real victory. In his blog, Timothy Ash drew attention to the numbers: the West spent $100B a year for the past two years to support Ukraine in its fight. However, Russia is increasing its defense spending to $140B ... #MilitaryAidforUkraine #RussianAssetsConfiscation #SupportUkraine #TimothyAsh #VictoryUkraine #WarinUkraine
Sweden has provided Ukraine with a record $1.26B military aid package with radar reconnaissance aircraft: What does it change? The Ministry of Defense of Sweden, in addition to supplying the ASC 890 aircraft, has provided its entire stock of Pansarbandvagn 302 (PBV 302) armored personnel carriers. The package also includes, R... #ASC890 #F16 #MilitaryAidforUkraine #Pansarbandvagn302 #Sweden #WarinUkraine
