Section: Economy
Latvia will hand over medical equipment worth almost €378,000 to Ukraine
The Minister of Health of Latvia, Līga Meņģelsone, during a meeting with the Ambassador of Ukraine Oleksandr Mishchenko on February 8, 2023, reported on the progress of preparation of the next batch of equipment, which will be sent to support Ukraine –185 units of medical equipment worth almost 378,000 euros. Source: The Minister of Health of...
Japan supported the European Union and introduced price cap on Russian petroleum products
The Ministry of Foreign Affairs of Japan noted on February 6, 2023, that Japan supported the position of the European Union and imposed sanctions on Russian oil products in accordance with the decision of the G7 countries. Source: The Ministry of Foreign Affairs of Japan It is about limiting the price of oil from the Russian Federation in the...
Lithuanians collected 6 million euros for air defense radars for Ukraine
The Minister of Defense of Lithuania noted on February 5, 2023, on Twitter, that In Lithuania, a coalition of four initiatives in support of Ukraine raised 6 million euros for air defense radars, which will be purchased to the Armed Forces of Ukraine. Source: The Minister of Defense of Lithuania Gabrielius Landsbergis “Lithuania is only 3...
US approved the first transfer of confiscated Russian assets for the reconstruction of Ukraine
US Attorney General Merrick Garland noted on February 3, 2023, during the meeting with Ukraine’s Prosecutor General Andriy Kostin, that he authorized the first transfer of confiscated funds of Russian oligarchs for the reconstruction of Ukraine. Source: US Attorney General Merrick Garland “Today I am announcing that I have authorized...
EU countries agreed on introducing a price cap on Russian petroleum products
The Swedish Presidency of the Council of the EU noted on February 3, 2023, on Twitter, that the EU would introduce a price cap on Russian oil products: 100 USD for diesel, and 45 USD for various oils. Source: The Swedish Presidency of the Council of the EU “EU ambassadors today approved the price caps on petroleum products ahead of final...
USA announced a new package of defense aid to Ukraine worth more than $2B
The US Department of Defense officially announced the allocation of a new package of defense assistance to Ukraine in the total amount of more than $2 billion on February 3, 2023, which provides for the supply of, among other things, air defense equipment, infantry fighting vehicles, anti-tank equipment, as well as missiles for HIMARS. Source:...
Russia has caused damage and destruction to Ukraine in the amount of $600-750B
The Prime Minister of Ukraine Denys Shmyhal noted on February 2, 2023, during a joint briefing with the President of the European Commission Ursula von der Leyen in Kyiv, that Russia has caused $600-750 billion in damage and destruction to Ukraine as of early 2023 as a result of its full-scale war. Source: The Prime Minister of Ukraine Denys...
EU Council allocated to Ukraine the 7th package of financial aid worth €545M
The European Council adopted a decision on February 2, 2023, to allocate the seventh tranche of 500 million euros under the European Peace Facility, which will be spent on the needs of the Armed Forces of Ukraine, as well as 45 million euros to ensure the training of the Ukrainian military. Source: The European Council “Ahead of the summit...
EU will adopt the 10th package of sanctions against Russia by February 24, 2023
The President of the European Commission Ursula von der Leyen noted on February 2, 2023, during the joint press conference with the Ukrainian President in Kyiv, that the European Union would complete work on the tenth package of sanctions against Russia by the anniversary of the beginning of Russia’s full-scale aggression against Ukraine on...
EU will launch a humanitarian demining program for Ukraine worth €25M
The Prime Minister of Ukraine Denys Shmyhal noted on February 2, 2023, that the European Union would launch a humanitarian program for demining of Ukraine worth 25 million euros. This agreement was reached during the meeting with the EU High Representative for Foreign Affairs and Security Policy Josep Borrell in Ukraine’s capital, Kyiv....