Ukraine’s allies are working on another option for financing aid – a “reparation loan.” In addition to confiscating Russian assets or lending money to Kyiv using these assets, there is a third option – a so-called reparation loan. Under this approach, Ukraine could borrow money fro... #LeeC.Buchheit #ReparationLoan #ReparationsForUkraine #RussianAssets #UkraineRecovery
One of Ukraine’s regions will be rebuilt according to the concept of a blue economy. Projects in Mykolaiv are being developed to make the city a center of the blue economy during the post-war reconstruction, said Mayor Oleksandr Sienkevych at the Blue Summit. As he explained, the blue... #blacksea #BlueEconomy #Mykolaiv #OleksandrSienkevych #ShipBuilding #UkraineRecovery
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... #ebrd #RebuildingUkraine #RepatriationInUkraine #SvenjaSchulze #UkraineRecovery #UNICEF
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... #EuropeanPeaceFund #JosepBorrell #RussianAssetsConfiscation #RussianAssetsProfits #SupportUkraine #UkraineRecovery
Japan will expand its presence in the Ukrainian investment market and open an office in Kyiv. Japan plans to increase its presence in the Ukrainian investment market, in particular, the country intends to expand its business ties in the field of investment and trade; the country will open an o... #InvestmentsinUkraine #Japan #JETRO #UkraineRecovery
Denmark will additionally allocate about €420M to rebuild Ukraine and develop a green energy sector. Ukraine and Denmark signed a memorandum that provides for cooperation with the private sector through the Ukraine Facility mechanism with a system of loans and guarantees within the framework of the E... #DenmarkUkraine #GreenENergy #UkraineFacility #UkraineReconstruction #UkraineRecovery
Ukraine’s allies provide billions of euros to support Ukraine’s energy industry and reconstruction. The UK allocated more than €173.9M to strengthen Ukraine’s energy sector. In addition, this year Kyiv will receive €560M from the EIB for energy, transport infrastructure, and housing reconstruc... #EIB #EnergyEquipment #energyukraine #SupportUkraine #UkraineReconstruction #UkraineRecovery #Ukrenergo
The EU has set up an investment structure within the framework of the Ukraine Facility, which will help attract up to €40B to rebuild Ukraine. The EU created the Ukrainian Framework Investment Instrument, a financial lever and a component of the €50B Ukrainian Fund, with the aim of stimulating public and private investment for the recovery o... #EUaidforUkraine #InvestmentsinUkraine #UkraineFacility #UkraineReconstruction #UkraineRecovery
The EU will provide Ukraine with €3.4B in transition financing and allocate €121M for EBRD recapitalization to increase assistance to Ukraine. The EC has made the first €4.5B payment of transitional financing for Ukraine, and the next payment of €1.5B is planned for this month, subject to Ukraine’s compliance with all established conditions.... #ebrd #EUfinancialAid #UkraineFacility #UkraineRecovery #ValdisDombrovskis
An American bank provides a $156M loan for new UZ locomotives. The Export-Import Bank of the US approved the decision to issue a loan to purchase 40 locomotives manufactured by the American company Wabtec to reinforce the Ukrainian Railways (UZ) fleet. The financ... #EXIMbankUS #LocomotivesforUZ #UkraineRecovery #UkrainianRailways #Wabtec #YevhenLyashchenko
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
Germany will help Ukraine to create an analog of its recovery bank and has increased interest in the Ukrainian energy market. The German government approved a set of measures to support the reconstruction of Ukraine. One of them is the creation of an analog of the German reconstruction bank KfW, based on the Entrepreneurship... #energyukraine #KfW #SEFE #UkraineReconstruction #UkraineRecovery
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
The US is preparing to transfer $5-8B of Russian assets for the reconstruction of Ukraine. Congress is preparing a bipartisan bill that would allow the confiscation of $5-8B of the Russian Federation’s sovereign assets that are currently under the US’ jurisdiction and use them t... #MikeJohnson #RussianAssets #RussianAssetsConfiscation #UkraineRecovery #UScongress
How is Denmark helping to rebuild Ukraine? Recently, Denmark has become a leading provider of commercial support to Ukraine. The Danish government has done this through a fund that provides various commercial financing tools and reduces risk f... #DenmarkSupportUkraine #EIFO #IFU #InsuranceUkraine #InvestmentsinUkraine #UkraineRecovery
One Ukrainian state bank will be reorganized into a bank for reconstruction. To accumulate and distribute resources for reconstruction, Ukraine needs to create a specialized state development bank (created by reformatting one of the five state banks), which will be removed fro... #DanyloHetmantsev #UkraineReconstruction #UkraineRecovery #Ukreximbank #ukrgazbank
Liberalizing the land market will move Ukraine $20B toward restoring its agricultural sector. Liberalization of the agricultural land market and increased transparency can bring $35B to Ukraine’s budget. This could close the current deficit of more than $20B in agricultural recovery fina... #AgroLand #FarmLand #LandMarketUkraine #Landreformukraine #UkraineEconomy #UkraineRecovery
Metinvest plans to invest in Ukraine’s reconstruction, but there are obstacles. The general director of the Metinvest group, Yuriy Ryzhenkov, says the expansion of logistics capabilities, currency liberalization, and transparent rules for booking employees are important condition... #investments #InvestmentsinUkraine #Metinvest #UkraineRecovery #YuriyRyzhenkov
The largest shopping center will be built in the Kyiv region. A new shopping and entertainment center, the Bucha Gallery, will be built in Bucha, Kyiv. It will be built on the site of the Epicentr hypermarket destroyed by the invaders, said the mayor of Bucha, A... #BuchaGallery #Construction #EpicentrK #ShoppingMallsUkraine #UkraineReconstruction #UkraineRecovery
The European Parliament supports using Russian assets for Ukraine’s benefit. Last week in Strasbourg, the European Parliament adopted a resolution on the EU directive regarding the detection and seizure of assets of criminal origin, which allows for the quick freezing and conf... #EuropeanParliament #LórántVincze #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #UkraineRecovery
BlackRock expects to attract $15B from investors to reconstruct Ukraine through a reconstruction bank. According to Philipp Hildebrand, VP of the BlackRock investment company, the Development Fund of Ukraine will be composed of at least $500M from countries, development banks, and other grant providers... #BlackRock #ForeignInvestor #InvestmentsinUkraine #PhilippHildebrand #UkraineReconstruction #UkraineRecovery
The restoration of Ukraine will cost $1T, and private businesses are braced for it. According to EIB estimates, more than $1T in public and private capital may be spent restoring Ukraine. However, there is already an approximate plan of action. The Turkish Onur Group repairs blown-up... #Bayer #Fixit #OnurGroup #UkraineReconstruction #UkraineRecovery
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 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
Denmark will build social housing in Ukraine according to its standards. Denmark created the Ukrainian Housing for All fund to develop and implement affordable rental housing in Ukraine based on the Danish model. It is planned to implement three pilot projects in cities th... #DenmarkUkraine #HousingConstruction #Mykolaiv #UkraineRecovery
Japan allocates more than $12B in aid to Ukraine. Prime Minister Denys Shmyhal reported that Japan will provide Ukraine with $12.1B in aid, including previously announced and allocated amounts. “This is, in particular, a grant worth $4.7B, which we w... #DenysShmyhal #EmergencyRecoveryProgram #JapanAidForUkraine #UkraineRecovery
Ukraine’s investment portfolio in the environmental sphere reaches $28.4B, said the Minister of Environment Ruslan Strilets at the Tokyo economic development conference. He named four priority areas and invited Japanese companies to invest in them. In particular, he noted th... #EcologyUkraine #GreenRecovery #InvestmentsinUkraine #RuslanStrilets #TokyoConference #UkraineRecovery
The US Ministry of Justice handed over $500,000 of confiscated Russian funds to Ukraine, though Euroclear opposes it. Confiscated funds will be transferred directly to Estonia and further allocated to Ukraine through a project to accelerate damage assessment and critical repairs of the Ukrainian electricity system. T... #Euroclear #RussianAssetsConfiscation #RussianAssetsProfits #UkraineRecovery
The countries of the Weimar Triangle have pledged to support Ukraine in the fight against Russian aggression and in its integration into the EU and NATO. The foreign ministers of Germany, France, and Poland said: “Faced with an unprecedented deterioration of the security environment in Europe due to the Russian Federation’s full-scale war against... #EuropeanIntegration #SupportUkraine #UkraineRecovery #WeimarTriangle
Top ICU analysts forecast the recovery of the Ukrainian economy in the coming years. The ICU’s Head of the Macroeconomic Research Department, Vitaliy Vavryshchuk, said the economy will mostly recover at rates between 3% and 5% over the next two to three years. However, an economic jum... #UkraineEconomicForecast #UkraineEconomy #UkraineRecovery #VitalyVavryshchuk
The EU and the IFC have unlocked more than €500M in private sector investment to rebuild Ukraine. The European Commission announced the signing of a guarantee agreement with the IFC to support investment for Ukraine’s recovery. As part of the agreement, the EU will provide the IFC, a member ... #EFSD+ #ifc #InvestmentsinUkraine #UkraineRecovery #worldbank
The NBU presents a scenario for Ukraine’s rapid economic growth during the process of joining the EU. Sustainable economic growth at a high rate is possible only through a steady increase in productivity. European integration can become a driving force for growth, even before Ukraine’s official access... #EuropeanIntegration #GDPinUkraine #nbu #UkraineEconomy #UkraineRecovery
Western analysts calculate the procedure and cost of rebuilding Ukraine after the war. Vast regions of war-torn and occupied territories will require significant demining, The Hill notes, which will include clearing farmland, fields, and neighborhoods of deadly bombs, roadblocks, and la... #DeminingUkraine #UkraineReconstruction #UkraineRecovery #UkraineWarDamages #WarinUkraine #worldbank
Western analysts consider the confiscation of Russian assets a short-sighted decision and offer an alternative option. As The Hill explains, confiscation makes little sense because, First, confiscation of assets reverts government bonds to the issuers, which would automatically void the West’s obligation to redeem sov... #ReparationsForUkraine #RussianAssetsConfiscation #RussianCentralBank #RussianTrustFund #UkraineRecovery
Ukraine will need $10-$15B aid annually after the war, said Deputy Head of the Office of the President Rostyslav Shurma at the Ukrainian House in Davos. However, according to Shurma, this need can be satisfied if Ukraine receives frozen Russian assets cur... #DmytroKuleba #Euroclear #ReparationsForUkraine #RostyslavShurma #RussianAssetsConfiscation #UkraineReconstruction #UkraineRecovery
The White House approves confiscating $300B in Russian assets to restore Ukraine. US President Joe Biden’s administration supports a bill that would allow it to confiscate about $300B in frozen Russian assets for Ukraine’s restoration. Biden supports the move amid congression... #JoeBiden #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #UkraineRecovery #WhiteHouse
Ukraine expects $90B in manufacturing industry investment over the next 10 years. “Our goal is to increase the share of the processing industry in GDP from 8% to 20%. It is planned to attract $90B in investment for manufacturing enterprises over 10 years,” said Economy ... #InvestmentsinUkraine #Manufacturing #ProcessingPlantUkraine #UkraineRecovery #YuliyaSvyridenko
The EIB allocates almost €100M to Ukraine for recovery. The European Investment Bank has assisted the Ukrainian government with €99.6M to reconstruct about 200 facilities in 18 regions. The funds will be used for capital repairs, reconstruction, and constr... #EIB #InvestmentsinUkraine #SupportUkraine #UkraineReconstruction #UkraineRecovery
The volume of completed construction works increased by almost 21% this year. The index of completed construction works in Ukraine increased by 20.4% in January-September compared to last year. The volume of completed construction works during this period in monetary terms reac... #ConstructionUkraine #UkraineEconomy #UkraineReconstruction #UkraineRecovery
The EU will consider a plan to use revenues from Russia’s frozen assets; Britain supports using these assets to help Ukraine. The EC must approve a legal proposal regarding the use of income from Russian assets frozen under sanctions in connection with the Russian Federation’s full-scale invasion. The decision is expected to... #DavidCameron #ReparationsForUkraine #RussianAssetsConfiscation #UkraineRecovery
The US names six main conditions for attracting investment to Ukraine. Security, reforms, new support tools, infrastructure development, compensation for the damages caused by Russia, and the integration of refugees and veterans are six key elements necessary to attract ... #InvestmentsinUkraine #PennyPritzker #UkraineEconomy #UkraineRecovery
Reconstruction of Ukraine: Canadian businesses promise support, Latvia provides €5M for the Chernihiv region, and the EC gives €50M for ports. Canadian private business is ready to support Ukraine’s post-war reconstruction, Canadian Trade Minister Mary Angie said. She emphasized that the modernization of the Free Trade Agreement betwee... #CanadaUkraineFreetrade #Chernihiv #MaryAngie #SupportUkraine #UkraineReconstruction #UkraineRecovery
In October, Ukraine’s GDP grew by more than 10%. The Ukrainian economy continues to demonstrate positive dynamics despite adverse external factors. According to preliminary estimates from the Ministry of Economy, GDP growth in October 2023 compared ... #GDPinUkraine #UkraineEconomy #UkraineRecovery
Ukraine’s third damage assessment will determine 2024’s investment priorities for recovery. The UN, in cooperation with the government of Ukraine, the World Bank, and the EU, has initiated the third rapid assessment of the damage done to and needs of Ukraine, which will determine investment ... #DamagesRegisterUkraine #DenysShmyhal #UkraineRecovery #UkraineWarDamages
Slovakia wants to help rebuild Ukraine but is blocking imports and cutting military support. The government of Slovak Prime Minister Robert Fico sees the future reconstruction of Ukraine as a benefit for the leading players in the Slovakian business community. In a new government program, Slo... #BorderBlockade #RobertFico #Slovakia #SlovakiaAidforUkraine #UkraineRecovery
Energy for the Recovery of Ukraine conference results: European ministers assure Ukraine of their support, Hyundai will develop power grids, and Denmark provides €7M. At the conference in Warsaw, the energy ministers of several European countries assured Ukraine they will help in the face of Russian aggression, and the businesses of these countries are interested i... #EnergyInfrastructure #KadriSimson #UkraineEnergy #UkraineRecovery #Ukrenergo
The demand for imports can create 600 processing enterprises in Ukraine with a production capacity of $90B. According to Parliament Member Dmytro Kysylevsky, the volume of raw materials and the demand for goods in Ukraine make it reasonable to create approximately 600 processing enterprises in Ukraine. The ... #JobInUkraine #ProcessingPlantUkraine #UkraineEconomy #UkraineRecovery
Reconstruction of Ukraine: Canada will hold a conference; the Czech Republic and Taiwan join forces. A business conference devoted to Ukraine’s reconstruction will be held in Toronto, Canada on November 21-22. Participants will present investment projects for Ukraine’s reconstruction and modernizatio... #Canada #Latvia #SupportUkraine #UkraineReconstruction #UkraineRecovery
The G7 will involve the private sector in reconstructing Ukraine and will not release Russian assets until compensation is paid. The Russian Federation must stop its aggression against Ukraine and bear legal responsibility for all its illegal international actions, including compensation for the damages caused to Ukraine, accor... #G7 #RussianAssets #SupportUkraine #UkraineReconstruction #UkraineRecovery
The US Congress approves the transfer of the Russian Federation’s frozen assets to Ukraine. According to Republican congressman Michael McCall, who introduced the relevant document for consideration, this bill requires the Biden administration to hand the aggressor’s frozen sovereign assets ... #MichaelMcCall #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #UkraineRecovery
