Politics

Monday, May 13

Ukraine considers it insufficient to receive only profit from Russian assets.

Ukraine considers it insufficient to receive only profit from Russian assets. The €3B in profits collected from frozen Russian assets is “almost nothing” compared to the amount that will be necessary to win the war against Russia, said Minister of Justice of Ukraine...

Friday, May 10

The EU predicts the start of membership negotiations with Ukraine in June and accession in 2030.

The EU predicts the start of membership negotiations with Ukraine in June and accession in 2030. Official negotiations on Ukraine’s accession to the EU should begin by the end of the first half of 2024, European Parliament President Roberta Metsola said at a press conference in Kyiv. “...

Ukraine’s accession to the EU will solve the food problem and stimulate the development of the bloc’s economy.

Ukraine’s accession to the EU will solve the food problem and stimulate the development of the bloc’s economy. Portuguese Foreign Minister Paulo Rangel said that Ukraine’s accession to the EU will solve the food problem and “is of fundamental importance” for his country. He also explained tha...

Foreign financial aid for Ukraine fell to $1.7B in April after record inflows in March.

Foreign financial aid for Ukraine fell to $1.7B in April after record inflows in March. According to experts from the Centre for Economic Strategy (CES), after the record-high receipt of foreign aid in March ($9B), in April aid decreased to $1.7B. Ukraine received a $1.6B loan from the E...

Thursday, May 9

The head of the EC admits that Putin wants to dominate the European continent, and the Russian war against Ukraine is also a war with the EU.

The head of the EC admits that Putin wants to dominate the European continent, and the Russian war against Ukraine is also a war with the EU. The President of the European Commission, Ursula von der Leyen, said that Europe understands the threat from Russia, which is trying to establish its control over the European continent by any means. ...

The EU has decided the fate of frozen Russian assets.

The EU has decided the fate of frozen Russian assets. The ambassadors of the EU agreed on what to do with the profits from the frozen assets of Russia, the Belgian Presidency of the Council of the EU has announced. The money will be used to support Ukrai...

Lithuania is ready to send its troops to Ukraine for training, and Latvia has handed over communication equipment.

Lithuania is ready to send its troops to Ukraine for training, and Latvia has handed over communication equipment. According to the Prime Minister of Lithuania, Ingrida Šimonyte, her country is ready to send its troops to Ukraine to conduct exercises, but Kyiv has not sent a request. According to Šimonyte, she has...

After EU ambassadors voice their support for the Ukraine Facility, Ukraine looks to receive €16B in funding for 2024.

After EU ambassadors voice their support for the Ukraine Facility, Ukraine looks to receive €16B in funding for 2024. Ambassadors of the EU member states have supported the Ukraine Facility, agreeing with the positive assessment of the financial support instrument proposed by the EC. The EU Council must still approve...

Russia continues to find loopholes to circumvent sanctions; Swiss banks came in handy.

Russia continues to find loopholes to circumvent sanctions; Swiss banks came in handy. Some Swiss banks are ready to work with rubles, although in 2023, due to the tightening of service rules, customers of Swiss banks with Russian passports faced the threat of having their accounts bloc...

Wednesday, May 8

The EU industrial base must switch to a military economy regime to continue supporting Ukraine.

The EU industrial base must switch to a military economy regime to continue supporting Ukraine. As European Commissioner for Internal Market Thierry Breton stated at the EU-Ukraine Defense Industry Forum: “When we started the development of a new European defense industrial strategy, Josep...

The EU will direct 90% of the revenue from frozen Russian assets to help Kyiv.

The EU will direct 90% of the revenue from frozen Russian assets to help Kyiv. Chancellor Olaf Scholz said on Monday that around 90% of the revenues generated from Russian assets frozen in the EU should be spent on arms purchases for Ukraine to boost its defensive capabilities. ...

Poland proposes to spend €422B from the EU’s Covid fund for defense.

Poland proposes to spend €422B from the EU’s Covid fund for defense. Polish Defense Minister Władysław Kosiniak-Kamysz said at the Defence24 Days conference, “You can’t get used to war.” He believes the arms industry should become the foundation of the EU’s efforts ove...

The US is considering the transfer of urgently needed MQ-9 Reaper drones to Ukraine.

The US is considering the transfer of urgently needed MQ-9 Reaper drones to Ukraine. As Politico points out, it is now a priority for Ukraine to acquire MQ-9 Reaper spy drones from the US. However, Washington is still debating whether to hand them over, fearing that the Russian occupi...

Ukraine is working on a free trade agreement with Turkey, which will abolish more than 90% of tariffs on industrial goods.

Ukraine is working on a free trade agreement with Turkey, which will abolish more than 90% of tariffs on industrial goods. The government has approved and submitted to the Ukrainian Parliament a draft law for the ratification of a free trade agreement between Ukraine and Turkey. The countries signed the agreement in Kyiv ...

The EU has prepared the 14th sanctions package on the Russian Federation, and LNG trade and the fight to close loopholes are under the spotlight.

The EU has prepared the 14th sanctions package on the Russian Federation, and LNG trade and the fight to close loopholes are under the spotlight. The European Commission sent the bloc’s countries a draft of the 14th package of sanctions to be levied against the Russian Federation, which targets the trade of liquefied gas. The concept is to ban ...

Tuesday, May 7

Ukraine and Britain: 100-year partnership, $3.7B in annual military support and permission to strike targets in the Russian Federation.

Ukraine and Britain: 100-year partnership, $3.7B in annual military support and permission to strike targets in the Russian Federation. During his visit to Kyiv, the head of the British Foreign Ministry, David Cameron, started negotiations with Ukraine regarding a 100-year partnership. This completely new agreement would deepen relati...

The G7, led by the US, is discussing giving Ukraine $50B secured by profits from the assets of the Russian Federation; there is no longer any talk of confiscation.

The G7, led by the US, is discussing giving Ukraine $50B secured by profits from the assets of the Russian Federation; there is no longer any talk of confiscation. The US is negotiating with its close partners to provide Ukraine with aid worth up to $50B, with the costs to be repaid with profits from sovereign Russian assets. The US insists on concluding an agre...

What other defense support from its partners can Ukraine count on in the near future?

What other defense support from its partners can Ukraine count on in the near future? Minister of Foreign Affairs Dmytro Kuleba discussed the progress of the Czech initiative to purchase shells for Ukraine with his Czech colleague Jan Lipavský. The first shells from the Czech initiativ...

US aid will help Ukraine to launch a counteroffensive in 2025, but for now, Ukraine continues to lose settlements.

US aid will help Ukraine to launch a counteroffensive in 2025, but for now, Ukraine continues to lose settlements. The White House is convinced that the military aid recently provided by the US will contribute to Ukraine’s transition to a counteroffensive, which will be possible in 2025. US National Security...

The US and Ukraine are working on the necessary conditions for the return of economic aid.

The US and Ukraine are working on the necessary conditions for the return of economic aid. US and Ukraine are working on the provision of economic aid, US Ambassador Bridget Brink and USAID Deputy Administrator Isobel Coleman told reporters. According to the law on aid to Ukraine passed at ...

Friday, May 3

Russia will seize Western assets in retaliation, and the aggressor has other options for its revenge.

Russia will seize Western assets in retaliation, and the aggressor has other options for its revenge. As Reuters points out, Russia does not have enough Western assets on its territory for proportionate retaliatory confiscation, but it still has ways to retaliate against the West if it dares to seize ...

The US has imposed sanctions against almost 300 Russian and foreign companies and private individuals for supporting the Russian war against Ukraine.

The US has imposed sanctions against almost 300 Russian and foreign companies and private individuals for supporting the Russian war against Ukraine. The list of Chinese companies, particularly, included Hong Kong’s Finder Technology Ltd, which exported 293 batches of parts for drones and electronics. Among the companies from the Russian Fede...

The cost of Ukraine’s accession to the EU provokes discussions within the bloc.

The cost of Ukraine’s accession to the EU provokes discussions within the bloc. The European Union considers its enlargement as a security tool, but the protests from Polish farmers show that the economic dimension is part of the political process in the EU. There were fears that...

The European integration of Ukraine will become a priority during the Polish EU presidency; in Hungary, support for Ukraine’s Euro-Atlantic course increases.

The European integration of Ukraine will become a priority during the Polish EU presidency; in Hungary, support for Ukraine’s Euro-Atlantic course increases. President of Poland Andrzej Duda emphasized the need to support the EU accession processes of Ukraine, Moldova, and the countries of the Western Balkans. “Our priority next year during the presi...

Thursday, May 2

Borrell: Ukraine has a historic window for joining the EU.

Borrell: Ukraine has a historic window for joining the EU. On the 20th anniversary of the largest membership increase in the history of the EU, the head of EU diplomacy, Josep Borrell, said that the current candidate countries, including Ukraine, have a histo...

Norway allocates an additional $600M in military aid to Ukraine, and F-16s will arrive after Easter.

Norway allocates an additional $600M in military aid to Ukraine, and F-16s will arrive after Easter. Norway will allocate an additional NOK 7B (over $600M) to support Ukraine in 2024. Prime Minister Jonas Gahr Støre announced that NOK 6B would go primarily to air defense assets and NOK 1B to other su...

Wednesday, May 1

Ukraine has already received weapons from the new US aid package and negotiations for long-term security guarantees are ongoing.

Ukraine has already received weapons from the new US aid package and negotiations for long-term security guarantees are ongoing. The administration of US President Joe Biden has reported that Ukraine is already receiving weapons from the new aid package announced last week following its approval by Congress. However, White Hous...

Russia is producing weapons at a record pace, and Ukraine’s partners are trying to increase support.

Russia is producing weapons at a record pace, and Ukraine’s partners are trying to increase support. Over the past year, Russia has learned to develop new weapons and ammunition faster than at any time in its modern history, including during the Cold War, US Secretary of State Antony Blinken said. Ac...

The US is considering a ban on Russian uranium but has temporarily allowed settlements in the energy sector with Russian banks.

The US is considering a ban on Russian uranium but has temporarily allowed settlements in the energy sector with Russian banks. The Biden administration is considering banning the import of enriched uranium from Russia. Bloomberg writes that negotiations are ongoing, but no decisions have been made yet. Data from the US Depart...

Tuesday, April 30

Stoltenberg announces the creation of a €100B fund for Ukraine’s financial support and dispels Ukraine’s expectations regarding NATO membership.

Stoltenberg announces the creation of a €100B fund for Ukraine’s financial support and dispels Ukraine’s expectations regarding NATO membership. During his visit to Kyiv, NATO Secretary General Jens Stoltenberg initiated the creation of a special €100B fund for the support of Ukraine’s military over five years, said President Volodymyr Zelensk...

The confiscation of Russian assets will help Ukraine to finance the war at least until the end of 2028.

The confiscation of Russian assets will help Ukraine to finance the war at least until the end of 2028. Despite the support from the US, Ukraine needs a medium-term financing plan to repel Russian aggression, and the main source of this financing must be Russia’s frozen assets. There is a high chance th...

Monday, April 29

The US will provide Ukraine with another $1B defense package and will order another $6B worth of weapons.

The US will provide Ukraine with another $1B defense package and will order another $6B worth of weapons. US Defense Secretary Lloyd Austin announced at the beginning of a virtual meeting of the Contact Group on Defense of Ukraine that another $1B military aid package will be allocated to Ukraine. It will...

Australia will support Ukraine’s defense capability with a $100M aid package.

Australia will support Ukraine’s defense capability with a $100M aid package. During a press conference in Lviv with Ukrainian Prime Minister Denys Shmyhal, Australian Defense Minister Richard Marles announced a new $100M aid package aimed at repelling Russian airstrikes and he...

Results of Ramstein: Ukraine’s allies will repair Leopard tanks, invest in the production of drones in Ukraine, and provide more ammunition.

Results of Ramstein: Ukraine’s allies will repair Leopard tanks, invest in the production of drones in Ukraine, and provide more ammunition. After the meeting of the Contact Group on the Defense of Ukraine on April 26, Denmark announced an increase in support of more than $631.2M in 2024. In turn, Norway allocated $13.7M on Ukraine’s behal...

The EC has started working to integrate the Ukrainian agricultural sector into the EU in preparation for accession negotiations.

The EC has started working to integrate the Ukrainian agricultural sector into the EU in preparation for accession negotiations. The European Commission has started explanatory meetings with Ukrainian representatives regarding the implementation of official screening within the section of negotiations on agriculture and the dev...

Germany is preparing a new Human Capital Coalition with qualified personnel to ensure the reconstruction of Ukraine.

Germany is preparing a new Human Capital Coalition with qualified personnel to ensure the reconstruction of Ukraine. German Development Minister Svenja Schulze said that due to the Russian war of aggression, approximately 11 million Ukrainians are either at the front, displaced within the country, or have been force...

Germany opposes the transfer of Russian assets to Ukraine due to fears of new WWII lawsuits.

Germany opposes the transfer of Russian assets to Ukraine due to fears of new WWII lawsuits. Demands for reparations stemming from WWII crimes have dogged Germany for decades. Calls for further reparations are appearing even now. In 2019, Greece demanded more than $300B in compensation, while...

Friday, April 26

The European Parliament has gained more support for confiscating Russian assets, but the G7 is inclined to use only their generated revenue.

The European Parliament has gained more support for confiscating Russian assets, but the G7 is inclined to use only their generated revenue. The European Parliament held a debate regarding the use of frozen assets belonging to the Russian Central Bank, where most deputies support the European Commission’s proposal to transfer the profits f...

Britain transfers Paveway guided aerial bombs to Ukraine as it continues to purchase oil products produced from Russian raw materials.

Britain transfers Paveway guided aerial bombs to Ukraine as it continues to purchase oil products produced from Russian raw materials. As part of its largest package of military aid, the UK will hand over Paveway IV high-precision to Ukraine. These aerial bombs are guided to their target with increased accuracy by using a laser guida...

Ukraine secretly received long-range ATACMS and used them last week, while Scholz once again has refused to provide Taurus missiles.

Ukraine secretly received long-range ATACMS and used them last week, while Scholz once again has refused to provide Taurus missiles. A few weeks ago, the US secretly supplied Kyiv with long-range ATACMS, and last week, Ukraine used them for the first time, the AP writes. The missiles were included in the $300M military aid package ...

Thursday, April 25

The US president signed the $61B Ukraine bill, and the Pentagon has announced a $1B weapon package.

The US president signed the $61B Ukraine bill, and the Pentagon has announced a $1B weapon package. Both houses of the US Congress have approved a bill that will provide almost $61B in aid to Ukraine. US President Joe Biden welcomed the Senate’s decision and, with his signature, cleared the wa...

Scholz is under pressure to provide Taurus missiles to Ukraine after the approval of US aid.

Scholz is under pressure to provide Taurus missiles to Ukraine after the approval of US aid. The head of the defense committee in the Bundestag, Marie-Agnes Strack-Zimmermann, is calling on German Chancellor Olaf Scholz to provide Ukraine with long-range Taurus missiles following the approval...

Borrell insists on directing 90% of the income from the Russian Federation’s assets to Ukraine.

Borrell insists on directing 90% of the income from the Russian Federation’s assets to Ukraine. The EU’s high representative, Josep Borrell, said that 90% of the proceeds from the Russian Federation’s frozen assets should be directed to the European Peace Fund, which purchases weapon...

Good investment: Ukraine’s accession to the EU will require a 20% increase in the bloc’s budget.

Good investment: Ukraine’s accession to the EU will require a 20% increase in the bloc’s budget. EU budget commissioner Johannes Hahn said that in the event of Ukraine’s accession to the EU, the bloc should increase its seven-year budget by €200B (+20%). He explains this expansion by the cu...

Wednesday, April 24

Britain will provide a record military aid package with Storm Shadow missiles and other munitions, Norway will increase support, and the Czech shells will arrive at the end of May.

Britain will provide a record military aid package with Storm Shadow missiles and other munitions, Norway will increase support, and the Czech shells will arrive at the end of May. British Prime Minister Rishi Sunak visited Poland on April 23, where he announced Britain’s largest package of military aid to Ukraine yet, valued at £500M ($617M). It contains: 60 boats and na...

EU support may fade against the backdrop of US aid to Ukraine.

EU support may fade against the backdrop of US aid to Ukraine. European diplomats believe renewed support from Washington risks weakening the EU’s urgency to provide aid, particularly in strengthening Ukraine’s air defense system. So far, only a few EU coun...

Even before the approval of the $61B aid bill, the US will send a new $1B aid package to Ukraine in April,

Even before the approval of the $61B aid bill, the US will send a new $1B aid package to Ukraine in April, said the Ambassador of Ukraine to the US, Oksana Markarova. The Biden administration is preparing “a large-scale package that will help meet the needs of Ukraine on the battlefield immediately.” It wi...

Europe persuades Greece to hand over Patriot systems to Ukraine, and Poland promises support with other types of weapons.

Europe persuades Greece to hand over Patriot systems to Ukraine, and Poland promises support with other types of weapons. Sources in the Greek government said that, after pressure from European leaders, Greece apparently agreed to give Patriot air defense systems to Ukraine for monetary compensation and under US “g...

How will Ukraine’s partners help it close the hole in its budget this year?

How will Ukraine’s partners help it close the hole in its budget this year? According to the Ukrainian government, the need for international financing in 2024 is $37.2B. As of April 20, Ukraine has received $10.2B: $4.9B from the EU (Ukraine Facility) $2.1B from Japan...

The Ukrainian government predicts the improvement of key macroeconomic indicators and economic growth, whether the war ends in 2024 or drags on longer.

The Ukrainian government predicts the improvement of key macroeconomic indicators and economic growth, whether the war ends in 2024 or drags on longer. The Ministry of Economy notes that, despite all the difficulties caused by the war, the positive dynamics of key macroeconomic indicators are evidence of the economy’s adaptation to wartime cond...

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