Ursula von der Leyen has retained her position as head of the EC, and she promises to create a European Defense Union and support Ukraine on its way to joining the EU. The European Parliament re-elected Ursula von der Leyen as the head of the European Commission for another five years. While campaigning, she promised to do much more in the field of defense if she re... #EUexpansion #EuropeanIntegration #EuropeanParliament #EuropeanPeaceFund #SupportUkraine #UkraineFacility #UrsulavonderLeyen
The UK’s new government announces its ongoing support for Ukraine, and Germany approves a 2025 draft budget with less aid for Ukraine. The King of the United Kingdom, Charles III, delivered a speech about the new Labour Party government’s program, which also mentioned Ukraine. Charles III emphasized London’s “unshak... #CharlesIII #DefenseSpending #Germany #GreatBritain #MilitaryAidforUkraine #SupportUkraine
ECA supported Ukrainian exports by ₴4.6B in half a year, the indicator increased by 150%. In the first half of the year, the Export Credit Agency of Ukraine increased the volume of export support by almost 150% compared to the corresponding period last year – up to ₴4.6B. It is noted... #ECA #InsuranceUkraine #MadeinUA #SupportUkraine #UkraineExport
The US and Britain pledge their support to prevent Putin from winning the war in Ukraine. British Prime Minister Keir Starmer and US President Joseph Biden confirmed that they will continue providing Ukraine with all possible support to prevent the victory of aggressors such as Putin. At t... #JoeBiden #KeirStarmer #Putin #RussianAggression #SupportUkraine #WarinUkraine
The US, Australia, Norway, and Canada are sending Ukraine hundreds of millions of dollars in security aid. US President Joe Biden announced a new package of military assistance for Ukraine, which is the eighth since the signing of the supplemental appropriations act in support of Ukraine, Israel, and other... #AmmunitionForUkraine #Canada #F16 #IRIS-T #JoeBiden #MilitaryAidforUkraine #Norway #PatriotSystems #SupportUkraine
The US will not participate directly in the war in Ukraine but promises its support; NATO identifies the primary Russian allies. The head of the Pentagon, Lloyd Austin, said at the NATO Summit that the US will not be involved in the war in Ukraine but will continue to support Kyiv. According to him, after Putin invaded Ukraine ... #China #LloydAustin #NATOsummit #SupportUkraine #WarinUkraine
NATO countries are ready to accept Ukraine into the Alliance, but there is a lot of work ahead. “All allies agree that Ukraine will become a member of NATO,” but it is still too early to say when this will happen, the head of the organization, Jens Stoltenberg, said at the NATO summi... #JensStoltenberg #NATOsummit #SupportUkraine #UkraineAccessionToNATO #UkraineNATO #WarinUkraine
NATO countries will provide Ukraine with €40B in 2025. NATO member countries will announce that they will provide Ukraine with €40B in funding during the next year at the Alliance summit in Washington, the White House said. As well, NATO also plans to pro... #JensStoltenberg #JoeBiden #NATOsummit #SupportUkraine #UkraineNATOCouncil #WarinUkraine #Zelenskyy
Italy, Portugal, and New Zealand have announced new defense package support amounting to several billion dollars. Italy plans to allocate $1.7B for military aid to Ukraine next year. This is Italy’s share in the total sum of $40B in assistance to Ukraine that is currently being discussed by NATO. The US wil... #Italy #MilitaryAidforUkraine #NATOsummit #NewZealand #Portugal #SupportUkraine
The state, Ukrainians, businesses, and international partners are contributing hundreds of millions to restore the Okhmadyt hospital that was destroyed by the Russians. Another ₴300M ($7.5M) will be allocated from the state budget in addition to the ₴100M that was already announced for the restoration of the Okhmadyt Children’s Hospital in Kyiv, which was shell... #CarloFormosa #Monobank #Okhmatdyt #RussianAggression #SupportUkraine #TaiwanAid #United24
The Ukraine Facility has been fully launched: Ukraine will receive €5.3B in grants. The Minister of Economy of Ukraine, Yulia Svyrydenko, signed the Financial Agreement between Ukraine and the EU that regulates the receipt of €5.27B in grant aid under the Ukraine Facility over the ne... #GrantForUkraine #InvestmentsinUkraine #SupportUkraine #UkraineEU #UkraineFacility #YuliyaSvyridenko
Britain will provide Ukraine with a hundred high-precision Brimstone missiles and the Netherlands contributes an additional Patriot system. The new UK Defense Secretary, John Healey, promised to support Ukraine in the Russian war during his visit to Odesa. After meeting with President Zelenskyy, Healey announced a new military aid package... #Brimstone #GreatBritain #JohnHealey #MilitaryAidforUkraine #Netherlands #SupportUkraine #WarinUkraine
Ukraine and Poland signed a security agreement to help intercept Russian missiles and drones. On July 8, Ukrainian and Polish officials signed a bilateral security agreement in Warsaw. Among the document’s key provisions is Poland’s obligation to provide several packages of militar... #DefenseIndustry #MIG29 #Poland #SecurityAgreement #SupportUkraine #WarinUkraine
Ukraine membership in NATO threatens the Alliance with war. Dozens of foreign policy experts urged members of the North Atlantic Alliance to avoid the issue of Ukraine’s promotion to NATO membership at the summit in Washington on July 9-11. They warn tha... #AssociationwithNATO #NATO #NATOsummit #RussianAggression #SupportUkraine #UkraineNATO #WarinUkraine
Washington still needs to decide on the amount it will provide to Ukraine as part of the $50B loan secured by frozen Russian assets. The leaders of the G7 countries have agreed that each will provide Ukraine with a loan that will be repaid with the annual profit generated by frozen Russian assets. Politico believes that this proces... #G7 #GiorgiaMeloni #LoansForUkraine #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine #Washington
NATO is preparing a plan to support Ukraine if Trump becomes president. The Alliance plans to send a high-ranking civilian official to Ukraine to coordinate military logistics. In Wiesbaden, Germany, a new command center will be created to control the delivery of military... #DonaldTrump #NATO #NATOsoldiers #RussianUkrainianNegotiations #SupportUkraine #WarinUkraine
The new EU chief diplomat will continue to fight against Russian aggression. Kaja Kallas, recently appointed as the EU’s top diplomat, will deal with war in the Middle East, threats to economic security from China, and the struggle to win over a skeptical Global South th... #AngelaMerkel #KajaKallas #SupportUkraine #WarinUkraine
NATO will offer Ukraine a new headquarters to manage its military aid. This proposal, which will be presented at the summit in Washington, will guarantee the Alliance’s long-term commitment to Ukraine’s security and is perceived as a bridge to Kyiv’s fu... #ChristopherCavoli #NATO #Ramstein #SecurityGuarantees #SupportUkraine #WarinUkraine
NATO countries are considering several options for long-term financing for Kyiv but struggle to agree. Many allies in the Alliance are shying away from adopting specific multi-year commitments on aid spending to Ukraine. However, some allies are wary of formalizing the pledge with a specific number and... #JensStoltenberg #NATO #NATOsummit #SupportUkraine #WarinUkraine #Zelenskyy
The US might allow American military companies to work in Ukraine to speed up equipment repair. The Biden administration is considering lifting the ban on allowing American military contractors in Ukraine. If approved, the changes would likely take effect this year and allow the Pentagon to awar... #JoeBiden #MilitaryEquipmentRepair #Pentagon #SupportUkraine #USmilitaryCompanies #WarinUkraine
Hungary will appeal the transfer of the proceeds from frozen Russian assets to Ukraine, blocking another €6.6B in support. The Minister of Foreign Affairs of Hungary, Péter Szijjártó, said “the EU crossed a red line” by using €1.4B in Russian asset revenue to finance the supply of weapons to Ukraine, while ... #Hungary #HungaryVeto #PeterSijarto #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine #VictorOrban
Ukraine signed a €27B loan agreement with the EU under the Ukraine Facility program. Ukraine and the European Commission have signed a credit agreement within the Ukraine Facility program, which will provide €27B in loans from 2024-2027 to finance the state budget deficit. The Nationa... #EuropeanCommission #financialaidforUkraine #LoanForUkraine #nbu #SupportUkraine #UkraineFacility
By the end of the year, Ukraine needs another $9.5B for urgent recovery. According to the Ministry of Finance, Ukraine needs another $9.5B this year to finance its priority recovery needs. In particular, the money is needed for the defense industry, the energy system, rest... #financialaidforUkraine #SupportUkraine #UkraineBudget2024 #UkraineFacility #UkraineRecovery
Historic moment: what did Ukraine and the US agree on within the 10-year security agreement? Kyiv and Washington signed a bilateral security agreement in which the US undertakes long-term commitments aimed at supporting Ukraine’s efforts to win the war and deter possible military aggres... #DefenseIndustryUkraine #MilitaryAidforUkraine #NATO #SecurityAgreement #SupportUkraine
The US announced $1.5B for Ukraine’s energy sector at the Peace Summit. During a meeting with Volodymyr Zelenskyy in Switzerland, US Vice President Kamala Harris announced a new energy aid package to be provided by USAID and the State Department. In particular, USAID is p... #KamalaHarris #PeaceSummit #SupportUkraine #UkraineEnergy #UkraineRecovery #USAID
NATO has approved a plan to expand its support to Ukraine, but it will not be €40B annually. According to Secretary General Jens Stoltenberg, the plan envisages the Alliance assuming the international coordination of the supply of weapons and training for the Armed Forces of Ukraine. NATO lea... #JensStoltenberg #NATO #NATOsummit #SupportUkraine #UkrainianSoldiersTraining #WarinUkraine
Ukraine has signed a security agreement with Japan, and 10 similar agreements are being prepared. Ukraine and Japan signed a bilateral security agreement, under which Japan will provide Ukraine with $4.5B in 2024 and will continue to help throughout the ten-year term of the agreement. The document... #Japan #MilitaryAidforUkraine #SecurityAgreement #SupportUkraine #Zelenskyy
These are the details of the G7’s agreement to loan Ukraine $50B. The G7 countries have agreed on a loan structure based on the respective size of their economies that will provide Ukraine with about $50B in new aid, which will begin to arrive by the end of the year... #G7 #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine
The US and Ukraine have signed a security agreement in Italy, sending a strong signal to Russia. The bilateral security agreement signed between the US and Ukraine guarantees military support for Ukrainian forces both now and in the future and serves as a signal to Putin that America is ready to ... #JakeSullivan #ReformsinUkraine #SecurityAgreement #SupportUkraine #WarinUkraine #WeaponsforUkraine
URC2024 results: G7+ will provide $1B in aid to Ukraine’s energy sector, and projects worth €16B announced at the conference. At a high-level meeting of the G7+ Coordination Group on Aid to Ukraine’s Energy Sector in Berlin, Ukraine’s allies announced additional aid for Ukraine’s energy sector totaling more than ... #EnergySupportFund #energyukraine #G7 #SupportUkraine #UkraineRecovery #URC2024
NATO moves to mandate the provision of weapons to Ukraine by member countries. Secretary General of NATO Jens Stoltenberg in Brussels said the supply of weapons to Ukraine will become mandatory for NATO countries. These supplies will be coordinated by the military bloc’s command... #ChristopherCavoli #JensStoltenberg #NATO #SupportUkraine #WarinUkraine #WeaponsforUkraine
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 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
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
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
Allies are investing in the restoration of Ukrainian energy and critical infrastructure. France will allocate €200M to enterprises that will invest in restoring Ukraine’s critical infrastructure, with €60M of these funds directed to the Ukrainian energy sector, French President Emma... #EmmanuelMacron #EnergySupportFund #energyukraine #SupportUkraine #UkraineRecovery
The World Bank has provided Ukraine with $34B in direct budget support and will help modernize its housing policy according to EU standards. According to the Ministry of Finance, since the beginning of the full-scale invasion $34B in direct budget support has been obtained within the framework of World Bank mechanisms. In 2022-2023, five n... #HousingModernization #SupportUkraine #UkraineBudget2024 #UkraineRecovery #worldbank
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
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
Ukraine’s state budget revenues have been decreasing for four months in a row. In May 2024, the general fund of the state budget received ₴151.8B, which is less than in February, March, and April, the Ministry of Finance notes. According to the results from the five completed mo... #financialaidforUkraine #SupportUkraine #TaxesUkraine #ukrainebonds #UkraineBudget2024 #ukrainedebt
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
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
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
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
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
The EBRD will support Ukraine with €1.5B annual contributions until the end of the war. The European Bank for Reconstruction and Development has provided €4B in project financing across all sectors of Ukraine’s economy since the beginning of the full-scale invasion and will continu... #AnnaLebedynets #ebrd #financialaidforUkraine #InsuranceUkraine #SupportUkraine
The EU can use another €7B to arm Ukraine. The EU can mobilize another €6.7-6.9B to purchase weapons for Ukraine through the European Peace Fund (EPF), though more work remains to be done before these funds can be used, said the High Represent... #EuropeanPeaceFund #JosepBorrell #MilitaryAidforUkraine #SupportUkraine #WarinUkraine
