Politics

Wednesday, October 18

Japan will help Ukraine to restore infrastructure and the agricultural sector.

Japan will help Ukraine to restore infrastructure and the agricultural sector. The Minister of Infrastructure, Oleksandr Kubrakov, met with the senior vice president of the Japan International Cooperation Agency (JICA), Naoki Ando. The parties discussed further cooperation withi...

Ukraine has fulfilled its IMF and EU requirements and strengthened control over the expenses of politically exposed persons, and moves toward another beacon.

Ukraine has fulfilled its IMF and EU requirements and strengthened control over the expenses of politically exposed persons, and moves toward another beacon. In the second reading, the Ukrainian Parliament supported draft law No. 9296-d on strengthening financial monitoring of politically exposed persons (PEP). The document’s main innovation is that top of...

Tuesday, October 17

The US assures Ukraine of its continued support under any conditions, and most Ukrainians are convinced of this aid’s independence from reform demands.

The US assures Ukraine of its continued support under any conditions, and most Ukrainians are convinced of this aid’s independence from reform demands. Supporting Ukraine remains a priority for the US and Europe and this shared commitment is critical to supporting Ukraine’s fight against Russian aggression, stated US Treasury Secretary Janet Ye...

Election in Poland: what it means for the EU and Ukraine.

Election in Poland: what it means for the EU and Ukraine. The right-wing, populist Law and Justice (PiS) party headed by Jarosław Kaczyński won the parliamentary elections in Poland but did not achieve a majority in the Polish government. According to exit p...

The US and Ukraine will insist on European confiscation of the accrued interest on frozen Russian assets.

The US and Ukraine will insist on European confiscation of the accrued interest on frozen Russian assets. This week in Luxembourg, US Treasury Secretary Janet Yellen intends to encourage European officials to take concrete steps to confiscate accrued interest on $200B that Russia keeps in European banks. ...

Monday, October 16

The West is preparing Ukraine for a breakthrough in the war in 2024.

The West is preparing Ukraine for a breakthrough in the war in 2024. Western countries are accumulating reserves to continue their military support of Ukraine in order to allow Ukraine’s Armed Forces to achieve a breakthrough in the summer of 2024. This will strengthe...

The G7 countries have frozen $280B in Russian assets, and Estonia and Britain are preparing to use them.

The G7 countries have frozen $280B in Russian assets, and Estonia and Britain are preparing to use them. In a joint statement, the G7’s financial bloc pledged to freeze Russia’s assets until it compensates for the losses it’s caused to Ukraine through the war. A working group assigned to quantify f...

The EC will present a report on Ukraine’s fulfillment of the candidate criteria; the EC sees some progress.

The EC will present a report on Ukraine’s fulfillment of the candidate criteria; the EC sees some progress. The European Commission’s annual report on enlargement will be submitted around November 8, but this date is not fixed and may change, said Eric Mamer, spokesman for the EC. As expected, the EU’...

Ukraine presents the G7 financial block with its economic prospects, which the IMF assesses positively.

Ukraine presents the G7 financial block with its economic prospects, which the IMF assesses positively. Ukraine’s economy is showing stability during the current year, and GDP growth is forecast to be 4.7%, said Finance Minister Serhiy Marchenko. “Inflation is falling faster than expected: 7...

Friday, October 13

The risks of diminishing support for Ukraine and the threat of a world war are increasing.

The risks of diminishing support for Ukraine and the threat of a world war are increasing. President Volodymyr Zelenskyy sees the risks of decreased support against the background of the war in Israel and leadership changes in several European countries. However, he considers these as risks...

The US considers aid to Ukraine and Israel a priority and is working hard to use frozen Russian assets.

The US considers aid to Ukraine and Israel a priority and is working hard to use frozen Russian assets. Financial and military support to Ukraine and aid to Israel are priorities for the White House, US Treasury Secretary Janet Yellen said. She emphasized that the White House has made that clear to Cong...

The EU will provide Ukraine with €4.5B by the end of the year, while Ukraine hopes for another $2.3B from the US.

The EU will provide Ukraine with €4.5B by the end of the year, while Ukraine hopes for another $2.3B from the US. The EU has become Ukraine’s largest donor in 2023, with €13.5B already allocated as part of a macro-financial aid instrument, and expects to provide additional funding for the Ukrainian budget b...

Donors will provide Ukraine €0.5B for demining, and Ukraine will offer partners sectors for demining.

Donors will provide Ukraine €0.5B for demining, and Ukraine will offer partners sectors for demining. In particular, Switzerland will allocate more than €100M over the next four years, the Ministry of Economy reported. In addition, the Government of Switzerland plans to hold the Second International D...

Ukraine’s external financing needs in 2024 are $3B higher than previous estimates.

Ukraine’s external financing needs in 2024 are $3B higher than previous estimates. Ukraine has shown outstanding results in the country’s economic management during the war, but its needs in external financing in 2024 will be $3B more, and it is necessary to help Ukraine cope ...

The IMF will allocate $900M to Ukraine at the end of 2023, but there are conditions.

The IMF will allocate $900M to Ukraine at the end of 2023, but there are conditions. IMF Director Kristalina Georgieva stated that this financing will take place under the Enhanced Funding Program (EFF). “In June, we completed the first review of this program, bringing the IMF&#...

Individual EU countries may put forward additional conditions for the negotiations on Ukraine’s accession.

Individual EU countries may put forward additional conditions for the negotiations on Ukraine’s accession. According to the Deputy Prime Minister for European Integration, Olga Stefanishyna, Ukraine will have to negotiate with these countries to obtain their consent. “This means that even before the ...

Thursday, October 12

The 16th Ramstein brought more Western support and military aid.

The 16th Ramstein brought more Western support and military aid. US Defense Secretary Lloyd Austin announced a new $200M package of military aid for Ukraine. It includes ammunition for air defense systems, artillery, missiles, aviation ammunition, anti-tank weapons...

Ukraine will receive €24M for demining from Croatia, Norway, and Spain.

Ukraine will receive €24M for demining from Croatia, Norway, and Spain. Following the International Donor Conference on Humanitarian Demining in Ukraine that took place in Zagreb, Croatia will allocate €5M, Spain €1.5M, and Norway NOK 200M (€17.3M) to these efforts. Moreo...

Due to uncertainty of further US support, Yellen approves the EU’s plan to tax the Russian Federation’s frozen assets.

Due to uncertainty of further US support, Yellen approves the EU’s plan to tax the Russian Federation’s frozen assets. US Treasury Secretary Janet Yellen strongly supported the EU’s plan to introduce a windfall tax on frozen Russian assets. This step will stimulate the attraction of new funds to support Ukraine....

US support for Israel will not affect aid to Ukraine.

US support for Israel will not affect aid to Ukraine. The US President’s national security adviser, Jake Sullivan, said that the United States can support Ukraine in Europe, its allies in the Indo-Pacific region, and Israel in their hour of need. A...

Belgium will create a €1.7B fund from revenues obtained through frozen Russian assets.

Belgium will create a €1.7B fund from revenues obtained through frozen Russian assets. As reported by the Prime Minister of Belgium, Alexander De Croo, the proceeds from taxes on income from frozen Russian assets will be credited to the fund. “Here in Belgium, we have taxation on ...

Wednesday, October 11

The US is considering combining requests from Israel and Ukraine into one aid package.

The US is considering combining requests from Israel and Ukraine into one aid package. The White House is considering joining Ukraine’s funding to the request for urgent assistance for Israel, the WP reports. The publication writes, “This will increase the likelihood that Co...

The US plans to approve an annual aid package for Ukraine worth $50-100B.

The US plans to approve an annual aid package for Ukraine worth $50-100B. As the WSJ writes, lawmakers have proposed supporting Kyiv until next year’s presidential elections. Both Democrats and Republicans believe it would be more appropriate to pass one large package...

The EU approves tools for stimulating joint defense orders.

The EU approves tools for stimulating joint defense orders. The Council of the EU has decided to implement an instrument for boosting the European defense industry, EDIRPA, which will encourage joint defense procurement and increase the capabilities of defense...

Zelenskyy receives new military support during his trip to Romania.

Zelenskyy receives new military support during his trip to Romania. President Volodymyr Zelenskyy promised “good news” regarding artillery and air defense after a meeting with Romanian President Klaus Iohannis. At a joint press conference, Zelenskyy noted ...

Tuesday, October 10

The OECD gives strong praise to Ukraine’s achievements in anti-corruption policy.

The OECD gives strong praise to Ukraine’s achievements in anti-corruption policy. A Ukrainian delegation, led by the deputy head of the National Agency on Corruption Prevention (NACP), Yaroslav Lyubchenko, participated in the presentation of the Report from the OECD during the 5th ...

The EU will not start accession negotiations with other countries without a corresponding decision regarding Ukraine.

The EU will not start accession negotiations with other countries without a corresponding decision regarding Ukraine. According to Deputy Prime Minister for European Integration Olga Stefanishyna, it cannot be ruled out that Hungary, which has close ties with Russia and has its interests in the issue of national mino...

Monday, October 9

The US is discussing a $100B aid package, its largest, and will work to convince the IMF and the World Bank to maintain financial support for Ukraine.

The US is discussing a $100B aid package, its largest, and will work to convince the IMF and the World Bank to maintain financial support for Ukraine. US President Joe Biden plans to ask Congress to approve $100B for the largest package of military and humanitarian aid to Ukraine, which should be enough for about two years. According to The Telegrap...

The war has engulfed Israel: what does this mean for Ukraine?

The war has engulfed Israel: what does this mean for Ukraine? On the morning of October 7, Palestinian Islamic organization Hamas launched an unexpected and large-scale attack on Israel. As a result of attacks by Hamas militants, the number of dead exceeded 600 ...

The EU leaders’ summit in Granada defined the expansion of the EU as an investment in peace and stability.

The EU leaders’ summit in Granada defined the expansion of the EU as an investment in peace and stability. Leaders of European countries have recognized the EU enlargement process as an investment in the peace, prosperity, and stability of the entire European continent, according to a declaration following...

The European Commission will present the EU defense industry’s strategy; Germany and Denmark are increasing ammunition production for Ukraine.

The European Commission will present the EU defense industry’s strategy; Germany and Denmark are increasing ammunition production for Ukraine. The European Commission will propose a strategy for the EU’s defense industry in the coming weeks, European Commission President Ursula von der Leyen said before the start of an informal meeting...

Ukraine receiving $115B in aid from its partners depends on an IMF program.

Ukraine receiving $115B in aid from its partners depends on an IMF program. According to the head of the NBU, Andriy Pyshnyi, implementing the IMF program will provide financial assistance of $15.6B and be critical for obtaining $115B in financing from partners over the next ...

The small economies of Europe provide the largest share of their GDP to Ukraine.

The small economies of Europe provide the largest share of their GDP to Ukraine. CNN analyzed the international aid that countries have supplied to Ukraine and found that Norway and the Baltic states have allocated the largest share of their gross domestic product. As the analysis...

Friday, October 6

Zelenskyy at the European Community Summit in Granada: If Russia recovers, it will attack other European countries in 2028.

Zelenskyy at the European Community Summit in Granada: If Russia recovers, it will attack other European countries in 2028. During his trip to Spain, Ukrainian President Volodymyr Zelenskyy warned that any pause in Russia’s war against Ukraine could become a new critical moment. If Russia is given this pause and the ...

Summit of the European Political Community in Spain: additional air defenses and support for Ukraine’s accession to the EU.

Summit of the European Political Community in Spain: additional air defenses and support for Ukraine’s accession to the EU. Within the summit’s framework, President Volodymyr Zelenskyy met with the Prime Minister of Spain, Pedro Sanchez. They discussed a defense support package that includes additional air defense, a...

Ukraine and the EU held their third round of consultations on four-year, €50B funding.

Ukraine and the EU held their third round of consultations on four-year, €50B funding. As reported by the Ministry of Economy, the key topics of discussion were public administration reform, green transition and environmental protection, digitalization, reform of the justice system, cor...

The European Parliament changed the four-year, €50B Ukrainian support plan to provide greater transparency.

The European Parliament changed the four-year, €50B Ukrainian support plan to provide greater transparency. The European Parliament’s budget and foreign affairs committees overwhelmingly supported a proposal for a multi-year, €50B plan. One of the key demands from MEPs is the use of frozen Russian ass...

Slovakia stops military aid to Ukraine, and Germany delays supply of the Taurus, but Ukraine’s other partners plan further support.

Slovakia stops military aid to Ukraine, and Germany delays supply of the Taurus, but Ukraine’s other partners plan further support. The President of Slovakia, Zuzana Caputova, opposed the provision of military aid to Ukraine because of the victory in the parliamentary elections of the populist party Smer-SD, which rejected support...

The Ministry of Reconstruction has presented an anti-corruption program for rebuilding the country.

The Ministry of Reconstruction has presented an anti-corruption program for rebuilding the country. The Ministry identified 50 key corruption risks and has developed countermeasures to prevent fraud. The risks relate to the reconstruction process, public procurement, management of state-owned enterp...

The US and the EU are preparing to transfer confiscated assets of the Russian Federation to Ukraine.

The US and the EU are preparing to transfer confiscated assets of the Russian Federation to Ukraine. The United States is working with European allies and partners to create the necessary legal framework for the use of seized Russian assets for Ukrainian reconstruction projects, US Secretary of State...

Thursday, October 5

Aid from Ukraine’s partners has entered a zone of uncertainty.

Aid from Ukraine’s partners has entered a zone of uncertainty. Hungary proposed to divide the €50B EU aid package to Ukraine over four years. Last week, Hungary told the members of the Euro bloc that €25B will be enough for Ukraine at this time. Now, in the middl...

The President of the EU Council wants to admit Ukraine to the bloc as soon as possible.

The President of the EU Council wants to admit Ukraine to the bloc as soon as possible. According to Charles Michel, the country can become a member of the EU in 2030 if both parties fulfill their obligations. “Ukraine and other candidate countries must carry out reforms, effective...

After joining the EU, Ukraine will be entitled to €186B in aid.

After joining the EU, Ukraine will be entitled to €186B in aid. As the FT writes, this amount could be allocated to Ukraine within seven years. Calculations by the General Secretariat of the Council of Europe, a body representing the governments of the bloc’...

The IMF positively assesses Ukraine’s implementation of the EFF program.

The IMF positively assesses Ukraine’s implementation of the EFF program. According to Uma Ramakrishnan, Deputy Director of the European Department of the IMF, the IMF will continue interacting with the Ukrainian authorities in the coming weeks for the second review of the ...

Wednesday, October 4

The Pentagon can only finance Ukraine for half a year: there is $5.2B left, and the money will run out.

The Pentagon can only finance Ukraine for half a year: there is $5.2B left, and the money will run out. The WSJ writes that the Pentagon’s coffers have $5.2B left to provide military aid for Ukraine. If the current speed of support is maintained, this will be enough for about half a year. “T...

More military support for Ukraine: new packages from the US and Germany, $14M for ammunition from Denmark, and the first Leopard is repaired by Poland.

More military support for Ukraine: new packages from the US and Germany, $14M for ammunition from Denmark, and the first Leopard is repaired by Poland. The White House has announced an upcoming US aid package to Ukraine, and Finland is also working on a new tranche of support. As part of the new package, Germany handed over to Ukraine 14 Bandvagn 206...

Biden assures NATO and the G7 allies of further US support for Ukraine, and the Pentagon announces its readiness to hand over ATACMS.

Biden assures NATO and the G7 allies of further US support for Ukraine, and the Pentagon announces its readiness to hand over ATACMS. On Tuesday morning, US President Joe Biden spoke with the leaders and foreign ministers of US allies amid uncertainty about further military aid to Ukraine. The White House says the call was intended ...

The European Parliament approves amendments to the EU budget and supports the allocation of €50B to Ukraine.

The European Parliament approves amendments to the EU budget and supports the allocation of €50B to Ukraine. The European Parliament adopted a resolution in support of the European Commission’s proposals for revising the EU multi-year budget for 2021-2027 and creating a special Ukrainian fund. The reso...

Brussels will unfreeze €13B for Hungary to help Ukraine.

Brussels will unfreeze €13B for Hungary to help Ukraine. The European Commission is preparing to release about €13B in EU funds by the end of November. This step will ensure Budapest’s support in increasing the bloc’s budget and providing signif...

Tuesday, October 3

Meeting of the EU heads of foreign affairs in Kyiv: Ukraine declares a consensus regarding its membership and expects security guarantees.

Meeting of the EU heads of foreign affairs in Kyiv: Ukraine declares a consensus regarding its membership and expects security guarantees. At a joint press conference with EU High Representative Josep Borrell, Minister of Foreign Affairs Dmytro Kuleba said that during a meeting of the heads of foreign affairs of the EU countries in Kyiv,...

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