The EU proposes issuing €100B worth of Eurobonds to stimulate its defense industry. The EU should work on a plan to issue €100B worth of Eurobonds to promote the continent’s defense industry while doing more to provide arms to Ukraine, said Estonian Prime Minister Kaja Kallas. ... #EUdefense #Eurobond #KajaKallas #SupportUkraine
The Baltic and Scandinavian countries have spent the largest share of their GDP on aid to Ukraine, while Greece, Cyprus, and France are blocking Bayraktar’s funding. According to research by IFW, as of January 15 the total volume of Estonia’s aid obligations to Ukraine is 3.5% of the country’s GDP. In second place according to this indicator is Denmark... #Bayraktardrones #MilitaryAidforUkraine #SupportUkraine #WarinUkraine
The situation on the Ukrainian-Polish border is worsening: the economies of both countries are suffering. On February 20, Ukrainian transporters will start a peaceful protest at three checkpoints with Poland – Rawa-Ruska, Krakowiec, and Shehyni. In this way, carriers in Ukraine are protesting the bl... #BorderBlockade #FreeTradeAgreement #OleksandrKubrakov #PolishCarriers #UkrainianCarriers
The US is putting pressure on Russian-Turkish trade but, at the same time, spending billions on Russian oil products. The US threat to impose sanctions on financial companies doing business with Russia has chilled Turkish-Russian trade, disrupting or slowing some payments for imported oil and Turkish exports. “... #IndianFuel #RussianOil #SanctionsAgainstRussia #TurkeyRussiaTrade
Ukraine signed security agreements with France and Germany, followed by Denmark and Norway. During his working visit to France, President Volodymyr Zelenskyy and French President Emmanuel Macron signed a 10-year agreement on cooperation in security, which is a continuation of the Vilnius Dec... #EmmanuelMacron #JonasGahrStore #MetteFrederiksen #MunichSecurityConference #SecurityAgreement #UkraineNATO #WarinUkraine #Zelenskyy
Ukrainian allies have provided new military aid, including €1.1B from Germany. Berlin reported providing 18 armored personnel carriers, about 4,000 155 mm artillery shells, a DACHS armored engineering vehicle, and nine minesweepers. Ukraine also received reconnaissance drones, i... #CaesarHowitzers #DeminingUkraine #MilitaryAidforUkraine #PetrPavel #Skynex #VectorDrones
How did the Munich Security Conference strengthen Ukraine’s defense capabilities? The German concern Rheinmetall plans to open a new plant to produce artillery ammunition in Ukraine. The memorandum on the creation of a joint venture was signed on the sidelines of the Munich Securit... #AmmunitionFactory #DmytroKuleba #DynamitNobelDefence #HermanSmetanin #MunichSecurityConference #Rheinmetall #ukroboronprom
The G7 countries pledge to support Ukraine and force Russia to pay for the war. Following the results of the Munich conference, the G7 countries published a joint statement. They emphasized that Russia’s war of aggression against Ukraine is a gross violation of the provisio... #G7 #MunichSecurityConference #RussainAgressor #SupportUkraine #WarinUkraine
The EU’s new strategy will provide two million artillery shells for Ukraine and a new defense innovation office in Kyiv. In a few weeks, the EU should present a plan for the defense industry, the head of the European Commission, Ursula von der Leyen, said at the Munich Security Conference. The new strategy will focus on... #AmmunitionForUkraine #JohannesHahn #MilitaryAidforUkraine #MunichSecurityConference #UrsulavonderLeyen #WeaponsforUkraine
The US Ministry of Justice handed over $500,000 of confiscated Russian funds to Ukraine, though Euroclear opposes it. Confiscated funds will be transferred directly to Estonia and further allocated to Ukraine through a project to accelerate damage assessment and critical repairs of the Ukrainian electricity system. T... #Euroclear #RussianAssetsConfiscation #RussianAssetsProfits #UkraineRecovery
Without the US, Europe will have to double its military aid to Ukraine in 2024. In a new review of Ukraine’s support, the Kiel Institute of World Economics notes that financial aid to Ukraine appears to be secured after the final approval of the EU’s €50B financial ai... #ChristophTrebesch #MilitaryAidforUkraine #SupportUkraine #USmilitaryAid #WarinUkraine
The US House of Representatives adjourned without a vote on aid for Ukraine. Speaker of the US House of Representatives, Mike Johnson, paused the chamber’s work until the end of February without bringing the aid package which includes funds to support Ukraine’s military ... #KamalaHarris #MikeJohnson #MunichSecurityConference #USaidforUkraine #USsenate
One million drones and increased supply of shells: the results of the 19th Ramstein. The UK has announced that it is transferring thousands of drones to Ukraine as part of its £200M ($251M) package. In addition, the Netherlands, Germany, and Estonia joined the drone coalition, which a... #AirDefenseSystems #AmmunitionForUkraine #DronesCoalition #JensStoltenberg #M113 #MilitaryAidforUkraine #Ramstein #WarinUkraine
Top international lawyers explain why confiscating and transferring Russian assets to Ukraine is legal and important for the entire world. Former US diplomat Philip Zelikow and a large group of international lawyers plan to publish an open letter next week arguing that the West is taking too narrow a view of customary international law. ... #PhilipZelikow #ReparationsForUkraine #RussianAgression #RussianAssetsConfiscation #RussianWarcrimes
Ukraine expects to receive $4B from Russian assets frozen in the G7 countries and the EU. According to Deputy Minister of Justice Iryna Mudra, Ukraine can receive $15-18B over the course of four years, including about $4B this year. “There is moderate optimism that the EU Council wil... #Euroclear #IrynaMudra #ReparationsForUkraine #RussianAssets #RussianAssetsProfits #RussianCentralBank
The EU will not extend the contract to transit Russian natural gas through Ukraine. As European Commissioner for Energy Kadri Simson stated: “We are not interested in extending the tripartite gas transit agreement, which expires at the end of this year.” According to her,... #EUenergy #EUEnergyindependence #GasTransit #KadriSimson #RussianGas
Hungary has blocked the approval of a new package of EU sanctions against Russia and China. At a meeting of EU ambassadors on February 14, Hungary was the only country not to support the 13th package of sanctions targeting nearly 200 individuals and entities from Russia, China, and other cou... #EUsanctions #HungaryVeto #JohnSmith #SanctionsAgainstRussia
Poland and Ukraine are approaching the resolution of their trade dispute. Poland’s Agriculture Minister Czeslaw Siekierski said: “We are negotiating a bilateral agreement with Ukraine to establish certain rules that will determine the size of quotas for certain ... #BorderBlockade #CzesławSiekierski #DenysShmyhal #DonaldTusk #TradeAgreement #TradeVisaFree #UkrainePoland
Russia will launch a new offensive after Putin’s re-election in March and prepare for conflict with NATO over the next decade, said the EU High Representative for Foreign Affairs, Josep Borrell. Therefore, he called for an urgent increase in support for Ukraine. Borrell emphasized that EU member states should work with their ... #Avdiivka #JosepBorrell #KaupoRosin #OleksandrSyrskyy #RussianAgression #WarinUkraine
Ukraine’s partners are determined to provide support for Ukraine. Canada’s Minister of Foreign Affairs Melanie Joly and US Secretary of State Antony Blinken discussed further support for Ukraine in repelling Russian aggression. Meanwhile, British Foreign Secre... #AnthonyBlinken #DavidCameron #MélanieJoly #MunichSecurityConference #SupportUkraine #ThierryBreton #WarinUkraine
Western aid to Ukraine exceeds the Marshall Plan. The head of the EBRD, Odile Renaud-Basso, in response to criticism, called the support of Ukraine from the West “huge” in terms of the share of support from GDP, and points out that it ove... #ebrd #EUbudget #financialaidforUkraine #OdileRenaudBasso #SupportUkraine #UkraineFacility
The Netherlands has joined the Ukrainian coalition of drones and is prepared for an increase in its financial support, and Canada will allocate $60M to support the F-16 fleet. According to Reuters, the Dutch pledge comes in addition to the F-16 fighter jets, artillery, ammunition, and air defense systems that the Dutch have already provided to Kyiv. The head of the country&... #BillBlair #F16 #KyryloBudanov #LloydAustin #OleksandrSyrskyy #Ramstein
The IMF has created a trust fund to attract $65M to support reforms in Ukraine. The IMF has announced the official opening of a Ukraine Capacity Development Fund (UCDF) to support economic and financial reforms in Ukraine over the next five years. The fund’s goal is to attr... #imf #ReformsinUkraine #SupportUkraine #TrustFund #UCDF
A diplomat reveals the conditions for Ukraine receiving €50B from the EU and suggests a possible revision of the amount. Permanent representative of Ukraine to the EU Vsevolod Chentsov, answering questions about the conditions European partners are preparing to put forward to Kyiv for receiving €50B over four years, not... #EUfinancialAid #SupportUkraine #UkraineFacility #VsevolodChentsov
The countries of the Weimar Triangle have pledged to support Ukraine in the fight against Russian aggression and in its integration into the EU and NATO. The foreign ministers of Germany, France, and Poland said: “Faced with an unprecedented deterioration of the security environment in Europe due to the Russian Federation’s full-scale war against... #EuropeanIntegration #SupportUkraine #UkraineRecovery #WeimarTriangle
The head of the Munich Conference explains how to force Russia to stop the war. The head of the Munich Security Conference, Christoph Heusgen, believes that it is possible to start negotiations with the Kremlin only if there are serious security guarantees, the best of which woul... #ChristophHeusgen #MunichSecurityConference #PeaceInUkraine #UkraineNATO #WarinUkraine
The US Senate voted to provide $95B to Ukraine, Israel, and Taiwan, but the House of Representatives opposes the bill. More than $60B of this amount is intended for Ukraine. Senate Majority Leader Chuck Schumer said after the vote was announced that the Senate is telling Putin that he will regret the day he questioned... #ChuckSchumer #MikeJohnson #USaidforUkraine #USsenate
The EU will reserve profits from the Russian Federation’s frozen assets for Ukraine’s recovery. The Council of the EU adopted decisions and regulatory rules defining the obligations of EU Central Securities Depositories (CSDs) that are holding frozen assets and reserves belonging to the Central ... #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank #UkraineFund #UkraineReconstruction
An IMF team arrived in Kyiv to discuss reforms and financing for this year. The IMF team will participate in the inaugural meeting of the Steering Committee of the Fund for the Development of Potential of Ukraine, which the IMF administers. After these meetings, on February 1... #DenysShmyhal #EFFprogram #GavinGray #imf #IMFprogramm
The EU has proposed a new way to finance aid to Ukraine. EU Commissioner for Environmental Affairs Virginijus Sinkevičius suggests that the EU should additionally tax Western companies doing business in Russia to help Ukraine. He said that it is essential t... #EUfinancialAid #RussianAssets #RussianCentralBank #UkraineFacility #VirginijusSinkevičius #WesternCompaniesInRussia
The US Senate has passed a preliminary vote and supports consideration of a $95B bill that would provide aid to Ukraine, Israel, and Taiwan. The procedural voting received 67 votes. A discussion has begun in the Senate, after which there will be a final vote. The Democratic leader in the Senate, Chuck Schumer, said that amendments will be ... #ChuckSchumer #USaidforUkraine #USMexicoBorder #USsenate
Ukraine’s position at the front is deteriorating while the US delays funding. Due to a lack of Western aid, Ukraine will have to face a Russian army with fewer resources, which creates a risk of retreat, a senior NATO official told the FT. “For Ukrainians, this is a desperate s... #MilitaryAidforUkraine #NATO #OksanaMarkarova #WarinUkraine #WeaponsforUkraine
Scholz and Biden call on the US Congress to approve aid to Ukraine. During a visit to the White House on February 9, German Chancellor Olaf Scholz discussed further assistance to Ukraine with US President Joe Biden, and both leaders called on the US Congress to approv... #JoeBiden #MilitaryAidforUkraine #OlafScholz #SupportUkraine #UkraineFacility #USaidforUkraine #UScongress
The EU and the US have given their assurance that their support for Ukraine will not change after Ukraine’s change in military leadership. The European Commission states that the European Union’s support for Ukraine will remain unchanged after the resignation of the Commander-in-Chief of the Ukrainian Armed Forces, Valery Zaluzhny,... #CelesteWallander #JohnKirby #OleksandrSyrskyy #ValeryZaluzhny #WarinUkraine
Ukraine calls on its partners to create new international cyber deterrence tools: What was discussed at the first annual international forum on cyber security in Kyiv? Only new international cyber deterrence solutions will strengthen threat resistance: Results from the Kyiv International Cyber Resilience Forum 2024. For two days, February 7-8, representatives of the... #Cyber #CyberSecurity #CyberUnit #CyberWar #GeorgeDybinksy #KaterynaChernogorenko #KyivCyberForum #MykhailoFedorov #YegorAushev
Washington is considering alternative methods to buy arms for Ukraine. The issue of aid to Ukraine is pending in the US Senate. Even if military assistance can be advanced, there are many reasons to doubt that the money will come, given the deep opposition from Republica... #RussianAssetsConfiscation #RussianCentralBank #SupportUkraine #USsenate #WarinUkraine #WeaponsforUkraine
Britain extends duty-free trade with Ukraine for five years, and trade has increased by 20% to $1.4B. The UK Department for Business and Trade announced that duty-free trade will be extended for all goods for five years, except for eggs and poultry, for which the regime will be extended only for two y... #DutyFreeTrade #UkraineBritainTrade #UkraineEconomy #YuliyaSvyridenko #ВідвантаженнятоварівУкраїна
Brussels demands that the EU member states work urgently to stop the illegal flow of goods to Russia. In a letter sent to the EU’s capitals, the EC warned there was a need for “immediate, concerted, and decisive action from all of us.” Although the sanctions are agreed upon at the EU level... #circumventionOfSanctions #DualUseGoods #ReExportWeapons #RussianTrade #SanctionsAgainstRussia
Rheinmetall has a two-year plan for the supply of weapons to Ukraine. Rheinmetall emphasizes that it is the only defense contractor capable of supplying the Ukrainian military with many new medium and large-caliber ammunition, including supplies for the Marder infantry ... #LeopardBattleTanks #Marder #Rheinmetall #Skynex #WarinUkraine #WeaponsforUkraine
Congress did not approve aid to Israel without Ukraine, and Biden accuses Republicans of playing along with Putin. On February 6, the House of Representatives of the US Congress did not support Speaker Mike Johnson’s bill to provide military aid to Israel without assistance to Ukraine. Notably, 250 congressm... #JoeBiden #MikeJohnson #SupportUkraine #USaidforUkraine #UScongress #USMexicoBorder
The Senate is preparing for plan B regarding aid to Ukraine. US Senate Majority Leader Chuck Schumer plans to remove the bipartisan agreement on border security from the emergency defense spending bill and submit to the Senate on February 7 only consideration o... #ChuckSchumer #USaidforUkraine #UScongress #USMexicoBorder #USsenate
The Kremlin threatens the West with years of trials and cyberattacks for trying to use its assets for Ukraine. Russia is threatening to initiate lengthy legal disputes in international courts if the G7 countries and the EU decide to use the frozen assets of the Russian Central Bank to restore Ukraine, said the... #DmytriyPeskov #Euroclear #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
The European Parliament and the Council of the EU agree on a €50B Ukrainian fund. The new fund will combine EU budget support into a single instrument, providing Ukraine with broad, predictable, and flexible assistance for 2024-2027. The fund will consist of three components. The f... #EUfinancialAid #EuropeanIntegration #EuropeanParliament #UkraineFacility
US aid to Ukraine is on the verge of collapse. The US border security agreement, which also includes assistance to Ukraine, is close to collapsing due to doubts in the Senate. Republican support has collapsed in the face of opposition from the lea... #DonaldTrump #JoeBiden #USaidforUkraine #UScongress #USMexicoBorder #USsenate
Ukraine will help the EU develop a strategy for the European defense-industrial complex. The President of the European Commission, Ursula von der Leyen, reminded listeners that the EU countries have collectively transferred over €28B in military aid to Ukraine and helped train more than 4... #DefenseIndustryUkraine #DefenseProjects #EUdefense #UrsulavonderLeyen #WeaponsProduction
The G7 is going to tighten controls on the export of Russian hydrocarbons. The G7 countries are planning to strengthen their rules for limiting prices for importers of Russian oil starting February 20.Currently, carriers and insurance companies must provide a declaration con... #RussianGas #RussianLNG #RussianOilEmbargo #RussianOilPriceLimit
The US Senate has been presented with a bill containing $60.1B in aid for Ukraine. The US Senate released a $118B bipartisan proposal for aid to Israel, Ukraine, and enhanced border security. The document provides the following: $60.1B —aid to Ukraine $14.1B — aid to Israel $22.2B —... #ChuckSchumer #financialaidforUkraine #MikeJohnson #UkraineBudget2024 #USaidforUkraine #USsenate
German opposition to the €5B reform of Ukraine’s military support fund risks delaying the supply of arms. As the FT writes, the European Peace Fund (EPF) needs additional funding so that countries can receive partial compensation for the costs of supplying weapons. However, the proposed €5B financing has ... #EuropeanPeaceFund #GermanDefense #MilitaryAidforUkraine #WarinUkraine #WeaponsforUkraine
Brussels is softening the restrictions in the next Russian sanctions package to ensure faster implementation. The EC will not add any new import bans to the 13th package of sanctions against Russia, which is planned to be adopted by the second anniversary of the full-scale Russian invasion of Ukraine. As Reut... #DualUseGoods #EUsanctions #SanctionsAgainstRussia
The US Senate plans to vote on aid to Ukraine this week. Senate Majority Leader Chuck Schumer, a Democrat, said the Senate will vote this week on a supplemental national security bill that includes a bipartisan deal on border security and aid for Ukraine an... #JohnKirby #KarineJeanPierre #MikeJohnson #USaidforUkraine #UScongress
