The European Commission and leading EU countries support lowering the price ceiling for Russian oil from $60 to $45 per barrel as part of a new sanctions package against Russia. Sources familiar with the discussions of the 18th EU sanctions package said that the proposal…
Category: 9. Business
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The EU will spend more to purchase Russian raw materials and energy resources than on military aid to Ukraine.
Despite the current 17 EU sanctions packages, in 2025 Russia is projected to receive about $233B from the export of raw materials and energy resources and more than $20B from EU countries alone.
“This is, for example, many times more than what Europe spends on military…
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Sweden provides €417M to support the Ukrainian Armed Forces.
Sweden has announced the allocation of SEK 4.8B (€417M) to assist the Ukrainian military and defense industry. These funds are part of the country’s 19th aid package and include financial contributions to the following funds and initiatives:
- SEK100M(€9.1M) to the…
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The UK will allocate $3B of the profits from frozen Russian assets to support Ukraine.
Ukraine and the United Kingdom have signed a project agreement regarding the use of excess profits from frozen Russian assets as part of the ERA initiative for the armament and repair of military equipment. Consequently, during 2025-2026 Ukraine will receive $3B. The…
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Ukraine is in the process of creating a new employment strategy.
The Ministry of Economy has outlined the key components of this new employment strategy. Many citizens are struggling to find employment, particularly veterans, individuals with disabilities, women, older adults, internally displaced persons (IDPs), and Ukrainians living…
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After the recent massive attacks on Ukraine, Trump criticized Putin’s actions and warned of Russia’s “fall.”
US President Donald Trump has finally criticized the Russian president, labeling him as “absolutely crazy” and cautioning that an attempt to take all of Ukraine would result in the “fall” of Russia. Previously, Trump also expressed outrage at Putin’s actions…
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Russia is producing missiles faster than Western manufacturers can produce interceptors.
The Russian military has not depleted its missile stocks even in the fourth year of the war with Ukraine. The Kremlin currently possesses about 500 missiles and has no plans to halt production. Meanwhile, manufacturers of Patriot air defense missiles are still falling…
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Britain, France, Germany, and the US have removed all restrictions on the use of long-range weapons.
During the WDR Europaforum, German Chancellor Friedrich Merz stated: “There are no longer any restrictions on the use of long-range weapons supplied to Ukraine – neither by the British, nor by the French, nor by our side, nor by the Americans. This means that Ukraine…
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Ukraine faces the risk of losing a portion of its EU funding.
Analysts report that in the first quarter, Ukraine failed to meet four indicators required under the Ukraine Facility program on time. This situation may not only postpone the disbursement of the program’s next loan to Ukraine but could also cause a significant…
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Ukraine has increased its gas reserves by more than 1 billion cubic meters and is exploring imports through the Trans-Balkan Corridor.
Between April 17 and May 24 2025, 1.06 billion cubic meters of natural gas were added to Ukraine’s underground storage, slightly surpassing last year’s amount during the same timeframe. Although the season started later this year, the injection rate is climbing,…
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