The US is preparing to confiscate Russian money: Financial institutions are required to report any Russian assets. The US Treasury Department has required institutions that own Russian state assets to inform about them as part of implementing the Law on Restoring Economic Prosperity and Opportunities for Ukrainian... #CompensationForUkraine #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation
Ukraine lost $11B in the terrorist act at the Kakhovka HPP; reconstruction of the dam will take up to seven years. The Russians caused $11B in damage to Ukraine when it blew up the Kakhovka HPP, which occurred on June 6, 2023. About 100,000 Ukrainians and 140,000 residents of the region were affected by the dam... #CompensationForUkraine #KakhovkaHPP #RussianAggression #UkraineEnergyLosses #Ukrhydroenergo
The US hopes Ukraine will restructure its debt by autumn. The US hopes that Ukraine will be able to reach an agreement with private creditors on debt restructuring by September 1, US Deputy Treasury Secretary Wally Adeyemo while in Kyiv. “This is one o... #CompensationForUkraine #DebtRestructuring #imf #IrynaMudra #ukrainedebt #WallyAdeyemo
MEP: Ukraine needs another €200B in financial aid from the EU to cover all necessary expenditures. The EU should find an additional €200B to help Ukraine, as the €50B Ukraine Facility program does not solve all financing problems, said Viola von Cramon-Taubadel, a European Parliament member, during... #CompensationForUkraine #financialaidforUkraine #KyivSecurityForum #ReparationsForUkraine #ViolaVonCramonTaubadel
Ukraine’s allies should introduce a duty on imported Russian goods to compensate Ukraine for war damages. Partner countries should introduce a special duty on the import of Russian or Russian-related oil and other products and transfer the money to a compensation fund for damages caused to Ukraine, accord... #CompensationForUkraine #ReparationsForUkraine #RussianAssetsConfiscation #UkraineReconstruction #UkraineWarDamages #WarLosses
Ukraine will spend UAH 11B on priority reconstruction projects, and more than UAH 1.5B will be allocated to the Kakhovka HPP disaster. At an external meeting in the Kherson region, the Government decided to provide UAH 6.6B ($180M) from the Fund for the Elimination of the Consequences of Armed Aggression for the implementation of ove... #CompensationForUkraine #DenysShmyhal #KakhovkaHPP #UkraineReconstruction #UkraineRecovery
Ukraine’s Register of Losses from Russian Aggression will begin operating in August. As the Ministry of Justice explained, the agreement signed in Reykjavík imposes certain obligations on the signatory countries. Currently, work is underway to create management bodies consisting of a ... #CompensationForUkraine #ReparationsForUkraine #ReykjavíkSummit #UkraineWarDamages #WarinUkraine
President Zelenskyy expects to create an international compensation mechanism for Ukraine by the end of the year. “We have agreed on close cooperation within the UN regarding Ukrainian initiatives to create a compensation mechanism and a special tribunal. I am certain that we will strengthen cooperation in ... #CompensationForUkraine #IgnazioCassis #Zelenskyy
