Switzerland plans to provide $5.5B for Ukraine’s reconstruction through 2036, and Luxembourg directs €50M to the reconstruction of Kryvyi Rih. The Federal Council of Switzerland has approved a financing plan that extends to 2036 for Ukraine’s recovery in the amount of ₣5B ($5.5B). The plan must still be approved by the country’s parlia... #KryvyiRih #Luxembourg #RefugeesFromUkraine #SupportUkraine #Switzerland #UkraineReconstruction #UkraineRecovery
Kurt Volker is convinced that the US will approve the Ukrainian aid package in April. $61B in US aid to Ukraine will be approved in April, according to American diplomat and former special representative of the US State Department for Ukraine Kurt Volker. He noted that the Speaker of t... #KurtVolker #SupportUkraine #USaidforUkraine #UScongress #WarinUkraine #Zelenskyy
Germany will mobilize the private sector to rebuild Ukraine, and Italy will form a list of interested companies. On April 10, the German government will consider a comprehensive document on the mobilization of private sector resources for Ukraine’s restoration, the Ministry of Economic Development of Germany rep... #Germany #InvestmentsinUkraine #ItalyAidforUkraine #SupportUkraine #UkraineReconstruction #UkraineRecovery
As US aid becomes increasingly distant, Ukraine agrees to loans. Disputes between Republicans in the House of Representatives of the US Congress and threats to remove Speaker Mike Johnson from his post may cause the long-awaited decision on funding to support Ukrai... #LoansForUkraine #MikeJohnson #SupportUkraine #USaidforUkraine #UScongress #Zelenskyy
The Russian Federation’s frozen assets: What is Ukraine waiting for, and what is it already receiving? Deputy Head of the Office of President Iryna Mudra reported that to speed up the receipt of frozen assets from the US the REPO act, which would allow the US president to seize Russian sovereign assets... #IrynaMudra #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits #SupportUkraine
€100B from NATO is not enough: Lithuania insists on increasing the financing amount for Ukraine’s defense capabilities, including within the limits of bilateral commitments. As NATO members discuss the creation of a €100B five-year fund to support Ukraine, Lithuania is taking the position that these efforts may also include bilateral aid, Lithuania’s ambassador to t... #ArtilleryShells #MilitaryAidforUkraine #NATO #SupportUkraine #WarinUkraine
NATO member countries have accepted Stoltenberg’s idea of a €100B fund for Ukraine “with a squeal.” According to diplomats, it is unknown whether the NATO member countries will be able to reach an agreement on €100B in multi-year aid for Ukraine. Several members of the Alliance have stated that the ... #AntonioTajani #JoseManuelAlbares #NATO #PeterSijarto #SupportUkraine #WarinUkraine
Estonia has provided €10M in guarantees to the EIB fund for Ukraine. The European Investment Bank and Estonia signed a contribution agreement, according to which Estonia provides €10M to the EU for Ukraine Fund. The fund, launched by the EIB in 2023, is part of a large... #EIB #Estonia #EU4U #SupportUkraine #UkraineFund #UkraineReconstruction
NATO seeks to increase support for Ukraine to persuade Russia to negotiate. NATO Secretary General Jens Stoltenberg said before a meeting of foreign ministers from NATO countries that the Alliance’s transition to long-term commitments to support Ukraine are designed to ... #JensStoltenberg #NATO #NATOsummit #RussianUkrainianNegotiations #SupportUkraine #WarinUkraine
Finland will provide Ukraine with a €188M military aid package and signed a security guarantee agreement. Finland has announced a new aid package to Ukraine worth €188M. Finnish President Alexander Stubb said that this is the 23rd aid package to Ukraine. “It contains means for anti-aircraft defense ... #AlexanderStubb #ArtilleryShells #Finland #MilitaryAidforUkraine #SecurityAgreement #SupportUkraine #WarinUkraine
NATO has proposed a $100B five-year fund to aid Ukraine, but all members must reach agreement on the measure. According to Bloomberg, NATO Secretary General Jens Stoltenberg proposes establishing a fund of allied contributions worth $100B over five years for Ukraine as part of a package that alliance leaders ... #AidforUkraine #JensStoltenberg #NATO #SupportUkraine #WarinUkraine
Ukraine’s partners are planning its reconstruction: A Turkish task force will pay a visit, and Korea is providing $2.1B in soft loans. In the coming weeks, a Turkish group led by the Minister of Trade of Turkey, Omer Bolat, plans to visit Ukraine and determine priority projects that can be undertaken by companies that are not yet pre... #OmerBolat #PreferentialLoans #SupportUkraine #UkraineReconstruction #VasylBodnar
US support for Ukraine is subject to changes, approval is expected by April 22. Speaker of the House of Representatives of the US Congress, Mike Johnson, said that after the end of the Easter vacation, he plans to submit for consideration a bill on additional aid to Ukraine, whic... #MikeJohnson #MikeTurner #SupportUkraine #USaidforUkraine #UScongress
The EU is being called on to continue supporting Ukraine against Russia because they themselves are not ready for war. During his Easter wishes, German Chancellor Olaf Scholz reminded listeners of the need for a just peace and called for further support for Ukraine. He emphasized that Ukraine’s support is needed... #ChristianLindner #DonaldTusk #NATOsoldiers #OlafScholz #SupportUkraine #WarinUkraine
Zelenskyy admits that Ukraine is not ready to deter Russia’s new summer offensive and asks for more aid. The Ukrainian Defense Forces have managed to contain the Russian offensive during the harsh winter months. But they are not ready to hold back a new offensive from the Russian Federation, which is exp... #AmmunitionForUkraine #MilitaryAidforUkraine #PatriotSystems #RussianOffensive #SupportUkraine #WarinUkraine #Zelenskyy
What should Ukraine expect from its international partners in 2024? In the first quarter of the year, Ukraine plans to receive almost $10.2B from partners, notes the Chairman of the Committee on Finance, Danylo Hetmantsev. In particular: $4.88B from the EU (Ukraine Fa... #DanyloHetmantsev #EFFprogram #financialaidforUkraine #SupportUkraine #UkraineFacility
The international financial aid deficit next year may reach $15B. As Deputy Chairman of the Finance Committee Yaroslav Zheleznyak said, the lack of financial aid from international partners next year may amount to $10-15B, and the hidden additional state budget defi... #EFFprogram #financialaidforUkraine #imf #SupportUkraine #UkraineBudget2024 #UkraineBudgetDeficit #YaroslavZhelezniak
The EU has postponed approval of the trade agreement with Ukraine, while discussions are ongoing. The Belgian presidency of the Council of the EU postponed approval of the trade agreement with Ukraine by the ambassadors of 27 countries to March 27. France and Poland, with the support of countries ... #agroexportukraine #EUCouncil #SupportUkraine #TradeAgreement #TradeRestriction
Each delayed reform within the framework of the Ukraine Facility will cost Ukraine $400M. Deputy Minister of Economy Oleksiy Sobolev voiced this prediction at the presentation of the Monitoring of the Implementation of the Conditions of the IMF Program and Support from the EU. According to... #imf #OleksiySobolev #ReformsinUkraine #SupportUkraine #UkraineFacility #worldbank
Johnson promises to review US aid to Ukraine as soon as possible, but only after April 8. The main priority of the US Congress is the approval of the government’s budget for 2024, and since this issue is almost resolved, the aid package for Ukraine will be discussed very soon, said t... #MikeJohnson #SupportUkraine #USaidforUkraine #USbudget #UScongress
The US supports issuing $50B in bonds backed by frozen Russian assets. The US has proposed to the G7 countries the creation of a special-purpose vehicle to issue at least $50B in bonds backed by the profits generated by frozen Russian sovereign assets and use the proceed... #Bonds #RussianAssets #RussianAssetsProfits #SupportUkraine #WarinUkraine
The EBRD plans to invest up to €10B in Ukraine over the next five years, said EBRD Vice President Jürgen Rigterink. He noted that the EBRD, responding to the crisis caused by the war, is focused on five main areas of Ukrainian support, spread between the private sector and... #ebrd #investments #InvestmentsinUkraine #JürgenRigterink #SupportBusiness #SupportUkraine
Denys Shmyhal and Jake Sullivan ensure the $60B US aid package will arrive within a month. Prime Minister of Ukraine Denys Shmyhal said blocked US funding could arrive as soon as this month, as the more than $60B in assistance continues to be held up by House Republicans in Washington. Acco... #DenysShmyhal #financialaidforUkraine #JakeSullivan #SupportUkraine #USaidforUkraine #UScongress
Belgium will provide military aid worth €412M, and Germany is creating an armored vehicle coalition with Poland. The first package, which Belgium and the Netherlands will deliver, will contain three minesweepers and the countries will conduct training on the vehicles’ operation and maintenance. In the second pac... #LYNX #MilitaryAidforUkraine #SecurityAgreement #SupportUkraine #WarinUkraine #WeimarTriangle
The Weimar Triangle leaders have agreed to buy weapons for Ukraine with the proceeds from frozen Russian assets. France, Germany, and Poland will create a coalition to provide Kyiv with long-range artillery and will use the proceeds from frozen Russian assets for this purpose, German Chancellor Olaf Scholz annou... #DonaldTusk #EmmanuelMacron #MilitaryAidforUkraine #OlafScholz #RussianAssetsArrested #SupportUkraine #WeaponsforUkraine #WeimarTriangle
The House of Representatives is preparing its own support package for Ukraine; the Republicans are discussing the confiscation of Russian assets. Speaker of the House of Representatives Mike Johnson said that the new Ukrainian aid package should offer support in the form of credit or through lend-lease to protect the interests of American taxpa... #MichaelMcCaul #MikeJohnson #RussianAssets #SupportUkraine #USaidforUkraine #UScongress
Estonia proposes a plan to find €120B to help Ukraine. The allocation of €120B a year for Ukraine’s military aid is an approximate figure of what should be enough for Ukraine to win the war, said a representative of the Ministry of Defense of Estonia, Kus... #eurobonds #KustiSalm #MilitaryAidforUkraine #SupportUkraine #VictoryStrategy #WarinUkraine
The Weimar Triangle will meet in Berlin to discuss disagreements regarding Ukraine. French President Emmanuel Macron will travel to Berlin on Friday to meet with German Chancellor Olaf Scholz and try to reduce the tensions centered around Ukraine, writes Politico. Polish Prime Minist... #DonaldTusk #EmmanuelMacron #OlafScholz #SupportUkraine #WarinUkraine #WeimarTriangle
S&P Global Ratings expects that Ukraine will receive the entire volume of international financial assistance in 2024. In the coming years, support will remain for Ukraine from the international community, but the amount may be lower. The Ukrainian government expects to receive $38B from all donors in 2024, including ... #financialaidforUkraine #StandartandPoor #SupportUkraine #UkraineBudget #USaidforUkraine
Bond Investors are Ready to Fund the War Against the Russian Federation. Bond investors are urging squabbling European Union leaders to get their act together on defense spending and make the bloc’s trillion-euro bond program permanent, reported Bloomberg. That means deman... #Bonds #investments #SupportUkraine
The Speaker of the House of Representatives and the Republicans are preparing their aid package for Ukraine. US House Speaker Mike Johnson and Republican chairmen of key House security committees are working to craft their version of an aid package for Ukraine, reported NBC News. However, Republicans who sup... #MikeJohnson #SupportUkraine #USaidforUkraine #UScongress #USmilitaryAid
Finnish energy and construction companies will join Ukraine’s recovery, and Lithuania will allocate €5M to reconstruct social infrastructure. As reported by the Ministry of Infrastructure, during a meeting of government officials from Ukraine and Finland with Finnish businesses, discussions were held regarding cooperation in energy security... #FinlandaidforUkraine #GintareSkaiste #SupportUkraine #UkraineReconstruction #UkraineRecovery
Ukraine may lose out on EU funds if reforms are not fulfilled. The €50B EU Ukraine Facility program will contain about 140 indicator conditions. The main areas of reforms in the program will be state administration, state finances, the justice system, and the fig... #EUfinancialAid #ReformsinUkraine #SupportUkraine #UkraineFacility
Ukraine needs $9.5B in financing for priority recovery items; Ukraine’s partners are already working on mechanisms. The government has said that Ukraine needs $9.5B in external funding for priority recovery needs in 2024. To that end, the US State Department and the German Marshall Fund (GMF) have announced the cre... #InvestmentsinUkraine #KyriakosMitsotakis #OdesaRecovery #SupportUkraine #UkraineReconstruction #UkraineRecovery
The EU is approaching a decision on the use of Russian assets. In Europe, the only politically realistic approach to using Russian money to finance Ukraine is considered to involve about 1% of the frozen funds. However, Ukraine needs about €100B a year to fight t... #Euroclear #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank #SupportUkraine
France convenes a meeting of Ukraine’s allies on March 7 and joins the Czech initiative to purchase ammunition. France invited the ministers of foreign affairs and defense from Ukraine and its primary allies, as well as the Secretary General of NATO and the head of EU diplomacy, to participate in a video call o... #AmmunitionForUkraine #ArtilleryShells #EmmanuelMacron #PetrPavel #SupportUkraine
France is considering sending special forces to Ukraine to create a “strategic dilemma” for Russia. The French authorities are considering allowing their special forces and military units to cross Ukraine’s border. This will enable Russia to face a “strategic dilemma.” There is an ... #EuropeanPeaceFund #FranceMilitaryAid #FrenchForces #NATOsoldiers #SupportUkraine #WarinUkraine
The Pentagon is considering directing a $4B reserve to support Ukraine without guarantee of replenishment of these funds by Congress. The US Department of Defense has about $4B in presidential funds, allowing it to use its strategic reserves to send military equipment to Ukraine. However, withdrawing this stock could affect US defen... #MilitaryAidforUkraine #Pentagon #SupportUkraine #USbudget #UScongress #WarinUkraine
The European Parliament urges support for Ukraine, ensuring its victory in the war. The European Parliament adopted a resolution stating that the EU should support Ukraine with everything necessary so that Kyiv can win the war against Russia. It is emphasized that the war has fundame... #EuropeanParliament #MilitaryAidforUkraine #RussianAssetsConfiscation #SupportUkraine #VictoryUkraine #WarinUkraine
Ukraine receives $760M in grant funds from Japan and Norway, and the EU and Germany offer €1M in business grants. Ukraine has received $760M in grants from Japan and Norway to pay pensions and salaries to rescue workers and teachers. The money comes as part of the World Bank’s PEACE project. The government of Jap... #EU4Business #financialaidforUkraine #GrantsforUkraine #SupportUkraine #worldbank
In March, Ukraine will receive about $9B in international aid. An expert from the Center for Economic Strategy said: “The first two months of 2024 were not very fruitful for Ukraine in terms of international aid. As of February 23, we had received only $436... #EFFprogram #financialaidforUkraine #imf #SupportUkraine #UkraineBudget2024
Ukraine has signed bilateral security agreements with Denmark, Italy, and Canada. The agreement with Canada stipulates defense support for Ukraine for a year, a principled position on supporting Ukraine’s membership in NATO, specific opportunities for cooperation in defense p... #SecurityGuarantees #SupportUkraine #UkraineNATO #WarinUkraine
A German bank has transferred €1.4B to Ukraine for humanitarian aid and infrastructure support. The German State Development Bank KfW, on behalf of the German and EU governments, will support Ukraine by implementing more than 40 projects totaling more than €1.4B. In particular, the funds will be... #AidforUkraine #HumanitarianAid #KfW #SupportUkraine
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 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
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
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 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
