Section: Economy
France will provide Ukraine with €3M for nuclear safety
Vladyslav Nazarov, spokesman for the Operational Command “South” informed on January 26, 2023, that the government of the French Republic would transfer three million euros to Ukraine to ensure nuclear safety. Source: Vladyslav Nazarov, spokesman for the Operational Command “South” The Minister of Foreign Affairs of France...
EBRD, under the guarantee of the Netherlands, allocated €25M to support Ukraine’s agriculture
On January 24, 2023, it became known that the European Bank for Reconstruction and Development (EBRD), under the guarantee of the Kingdom of the Netherlands, provides 25 million euros to support agrarian business in Ukraine and ensure global food security. Source: The European Bank for Reconstruction and Development “The Netherlands, an...
Damage to Ukrainian infrastructure due to the Russian war increased to $138B
The Kyiv School of Economics reported on January 24, 2023, that as of December 2022, the total amount of direct documented damage to Ukraine’s infrastructure as a result of a full-scale Russian invasion is estimated at $137.8 billion. Source: The Kyiv School of Economics The largest increase in losses, according to the results of December...
8 countries joined the EU sanctions against Russia
Eight European countries have joined the decision of the European Union on personal sanctions against individuals in connection with Russia’s military aggression against Ukraine. This is noted in the statement of the Council of the European Union on January 23, 2023. Source: European Council “The candidate countries North Macedonia,...
European Union approved €500 million military aid for Ukraine
The permanent representative of Lithuania to the EU Arnoldas Pranckevičius noted that the European Union ratified the allocation of 500 million euros to Ukraine on Monday, January 23, 2023. Source: The permanent representative of Lithuania to the EU Arnoldas Pranckevičius According to Arnoldas Pranckevičius, this is already the seventh EU tranche...
United States allocates $125M to restore Ukraine’s energy system
USAID administrator Samantha Power announced that the USA would provide Ukraine with $125 million so that Ukraine could purchase parts and other materials that will help repair crews eliminate the consequences of Russian strikes on energy infrastructure. She said this during the World Economic Forum in Davos, Switzerland on January 18, 2023....
European Union will provide Ukraine with €4.5B in financial aid every quarter
Valdis Dombrovskis, Executive Vice President of the European Commission for An Economy that Works for People noted on January 17, 2023, that the European Union would provide Ukraine with financing in the amount of 4.5 billion every quarter throughout 2023. Source: Valdis Dombrovskis, Executive Vice President of the European Commission for An...
Ukraine received the first €3B from the EU macro-financial assistance package
The European Union announced the allocation of the first tranche in the amount of 3 billion euros to Ukraine within the framework of the macro-financial assistance program of 18 billion euros. The Minister for Finance of Sweden Elisabeth Svantesson announced this on January 17, 2023. Source: The Minister for Finance of Sweden Elisabeth...
Ukraine and the EU signed a memorandum on €18B of macro-financial assistance
The Prime Minister of Ukraine Denys Shmyhal wrote on January 16, 2023, on Twitter, that the European Union and Ukraine signed a memorandum to provide Ukraine with 18 billion euros of macro-financial during 2023. The government of Ukraine expects to receive the first tranche of 3 billion euros this week. Source: The Prime Minister of Ukraine Denys...
Losses to the civil and critical infrastructure of Ukraine due to Russia’s war exceeded $127B
The Deputy Minister of Foreign Affairs of Ukraine Emine Dzhaparova noted on January 14, 2023, that the amount of damage caused to the civil and critical infrastructure of Ukraine as a result of Russian aggression exceeded 127 billion dollars. Source: The Deputy Minister of Foreign Affairs of Ukraine Emine Dzhaparova “According to the latest...