The United States will engage in consultations with Saudi Arabia, Turkey, and several European countries regarding their willingness to oversee the ceasefire, President Zelenskyy stated, addressing Russia’s ongoing disruption of the energy truce. Zelenskyy believes…
Category: 9. Business
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The EIB has financed 24 projects in Ukraine totaling €4.3B.
The Ministry of Finance and the European Investment Bank (EIB) recently conducted another review of the loan portfolio for joint projects in Ukraine. The parties discussed preparations for initiating new projects in April 2025 aimed at restoring social infrastructure in…
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EU countries will only be able to spend around €500B on defense over the next five years, rather than the desired €800B.
According to Fitch Ratings, the EU is contemplating a significant increase in defense spending as the United States, which ensured Europe’s security post-World War II, has shown reluctance to continue in this role.
Experts indicated, “This is a substantial challenge…
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The EBRD has assisted the first Ukrainian companies in insuring themselves against war risk.
Ukrainian companies now have access to a new war risk insurance program launched by the EBRD in collaboration with international insurance firms. This was made possible by the Ukraine Recovery and Reconstruction Guarantee Facility (URGF), which is now fully operational….
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Ukraine will establish a $10.1B ‘rainy day fund’, using ERA money.
Ukraine plans to allocate the external financing received from G7 countries through the ERA mechanism, funded by frozen Russian assets, into three parts. One portion will be designated for financing the current year’s budget, another for pre-financing the budget…
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Sweden has announced its largest Ukrainian aid package, totaling $1.6B, while the Netherlands allocates €500M for drones.
This Swedish support package includes air defense systems, artillery, satellite communications, naval capabilities, machine guns, ammunition, and approximately 100 units of various types of equipment for servicing the air base. Sweden will also contribute about $465M to…
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BGV Group will develop a graphite deposit in the Kirovohrad region for battery production.
Pobuzhzhia Development, part of BGV Group Management, co-owner of the ATB supermarket chain, has signed a memorandum of intent to cooperate with the UkraineInvest state institution, which attracts and supports direct foreign investment in Ukraine. This cooperation…
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Trump is upset with Putin and threatens sanctions on Russian oil.
President Donald Trump said he’s “pissed off” at Russian President Vladimir Putin and would consider “secondary tariffs” on Russian oil if a ceasefire with Ukraine cannot be reached, NBC News reported. Trump expressed that he was “very upset” about…
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US State Department: High-level talks with Russia are not yet possible. The IMF believes the war will last at least until the end of the year.
US Secretary of State Marco Rubio stated that it is too early to expect high-level discussions between the US and Russia. For now, the White House is assessing the Kremlin’s response to Washington’s efforts to end the war in Ukraine, and “more progress at the…
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Putin wants an “interim administration” in Ukraine and a presidential election.
The Russian dictator proposed discussing the establishment of an interim administration in Ukraine, under the auspices of the UN and several other countries, to conduct elections and form a “workable government.” Following this, he stated that it would be possible to…
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