Section: Economy

      Russia blocked Ukrainian grain export deal
      Oct30

      Russia blocked Ukrainian grain export deal

      It became known on October 29, 2022, that Russia decided to block the Black Sea grain deal. Ukrainian President Volodymyr Zelenskyy noted that Russia decided to block the agreement on the export of Ukrainian grain, not today, when it officially announced it, but in September, when it actually blocked the movement of ships through the grain...

      EU froze Russian assets worth 17.5 billion euros
      Oct28

      EU froze Russian assets worth 17.5 billion euros

      Christian Wigand, the representative of the European Commission noted on October 27, 2022, that assets of 1,350 Russian individuals and organizations subject to EU sanctions were frozen. Accounts, real estate and yachts of such persons are tracked and frozen by EU member states. Source: Christian Wigand, the representative of the European...

      EU’s aim is not only to freeze but also to confiscate Russian assets
      Oct25

      EU’s aim is not only to freeze but also to confiscate Russian assets

      The President of the European Commission Ursula von der Leyen noted on October 25, 2022, during the International Expert Conference on the Recovery, Reconstruction and Modernization of Ukraine, that the European Union set its goal not to freeze but to confiscate Russian assets in Europe due to its war against Ukraine. Source: The President of the...

      Germany will provide Ukraine with €20M for the purchase of equipment for critical infrastructure
      Oct25

      Germany will provide Ukraine with €20M for the purchase of equipment for critical infrastructure

      Oleksiy Chernyshov, the Minister for Communities and Territories Development of Ukraine said on October 25, 2022, that Ukraine had reached a preliminary agreement with Germany on the allocation of 20 million euros for the purchase of reserve equipment for critical infrastructure facilities of Ukraine which were damaged due to Russian missile...

      World Bank will allocate $500M to Ukraine for urgent needs
      Oct25

      World Bank will allocate $500M to Ukraine for urgent needs

      The World Bank Group President David Malpass noted on October 24, 2022, about the allocation of an additional $500 million to Ukraine to finance urgent needs caused by a full-scale Russian invasion. Source: The World Bank Group President David Malpass Financing by the International Bank for Reconstruction and Development, the basic lending arm of...

      Ukraine can receive €18B in 2023, – EU Commission President
      Oct21

      Ukraine can receive €18B in 2023, – EU Commission President

      The European Commission President Ursula von der Leyen noted on October 21, 2022, during the Press conference EUCO in Brussels that Ukraine could expect to receive 18 billion euros next year to meet basic needs. Source: The European Commission President Ursula von der Leyen The President of the EU Commission reminded that earlier macro-financial...

      Russia’s war caused damage to Ukraine’s infrastructure amounted to $127B
      Oct21

      Russia’s war caused damage to Ukraine’s infrastructure amounted to $127B

      According to the report of the Kyiv School of Economics project “Russia will pay”, Ukraine’s losses from the full-scale war reached more than 127 billion dollars. In particular, Russia caused losses of more than 31 million dollars to Ukraine during the summer of 2022. Source: The Kyiv School of Economics (KSE) “The total...

      Ukraine has already exported 8 million tons of grain as part of the UN program
      Oct21

      Ukraine has already exported 8 million tons of grain as part of the UN program

      The press service of the Ministry of Infrastructure of Ukraine noted that another two ships with 82,000 tons of agricultural products left from the Ukrainian Pivdennyi Port for the countries of Asia and Europe on October 20, 2022. Source: The press service of the Ministry of Infrastructure of Ukraine “In particular, the tanker...

      UK implemented sanctions on Iranian individuals for supplying Russia with drones
      Oct21

      UK implemented sanctions on Iranian individuals for supplying Russia with drones

      The UK imposed sanctions on Iran on the same day the EU did on October 20, 2022. The reason is the presence of evidence of Iran’s supply of kamikaze drones to Russia, which it uses to attack Ukraine. The decision is published on the website of the British government. Source: UK Foreign Secretary James Cleverly The following Iranian...

      EU approved sanctions against Iran for supplying Russia with drones
      Oct20

      EU approved sanctions against Iran for supplying Russia with drones

      The names of Iranian citizens and companies that have been sanctioned for supplying drones to the Russian Federation have been officially published in the statement of the European Union on October 20, 2022. Source: The European Council Three Iranian individuals and one legal entity were sanctioned for undermining or threatening the territorial...