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The European Union will host an EU-Ukraine Defense Industries Forum on May 6 to boost cooperation with Ukraine's defense industry, the EU announced on May 2. The forum will reportedly gather over 350 representatives from EU institutions, governments, European and Ukrainian defense industries, industry associations, and key partner countries to "strengthen defense industrial cooperation between the EU and Ukraine." Kyiv has repeatedly called on international partners to expand support of air defense systems in the wake of increased Russian aerial attacks on civilian areas. Additionally, the Ukr...
Kyiv Independent (CA)
A second tranche of EU macro-financial assistance totaling 1.5 billion euros ($1.6 billion) has been given to Ukraine, European Commission President Ursula von der Leyen said on April 24. The EU approved the four-year Ukraine Facility in February, allocating 33 billion euros ($35 billion) in loans and 17 billion euros ($18 billion) in grants. The first tranche of 4.5 billion euros ($4.8 billion) was given to Ukraine on March 20. "Ukraine is carrying a heavy burden on its shoulders for all of us. Today, we disburse an additional (1.5 billion euros), under the (50 billion euros) Ukraine Facility...
Kyiv Independent (CA)
Key developments on March 17-18: EU gives final approval to $5.5 billion for military aid to UkraineDeputy minister: Russia fires 7 times more shells than UkraineUS Senator Graham in Kyiv: 'If you want aid to Ukraine, you'd better start talking to American taxpayers'Ukrainian government allocating $128 million for procurement of attack dronesWSJ: Ammunition suppliers for Czech-led initiative to aid Ukraine include Russian allies, Czech officials sayRussian attacks against Kherson, Kharkiv oblasts injure 6 over 24-hour periodEU foreign ministers agreed to allocate additional 5 billion euros ($5...
Kyiv Independent (CA)
Ukraine has adopted a plan for a series of reforms that will allow the EU to provide up to €50 billion over the next four years, Prime Minister Denys Shmyhal said on March 18. In a post on Telegram, Shmyhal said the reforms – part of the Ukraine Facility initiative – would be wide-ranging, covering “public administration, fight against corruption, economic and sectoral reforms in various spheres: from the energy to the agricultural sector.” Subscribe to Ukraine Daily newsletter News from Ukraine in your inbox “In addition, the document prescribes cross-cutting directions such as "green" transi...
Kyiv Independent (CA)
Ukraine will receive 4.5 billion euros ($4.9 billion) from the European Union through its four-year Ukraine Facility program next week, Johannes Hahn, European Commissioner for Budget and Administration, announced on March 15. "Very glad to pave the way for next week’s first disbursement of funds under the Ukraine facility," Johannes Hahn said on X (formerly Twitter). "We stand with Ukraine and invest by this also into our security. A lot of money, yet nothing compared to the Ukrainian people’s sacrifices for Europe." Kyiv is set to receive an additional 1.5 billion euros ($1.6 billion) to com...
Kyiv Independent (CA)
Ukraine and the EU signed an agreement on March 12 on transitional financing of 6 billion euros ($6.5 billion) for Kyiv as part of the bloc's long-term 50 billion euro ($55 billion) support plan, the Ukrainian Finance Ministry announced. The EU approved the four-year Ukraine Facility in February, allocating 33 billion euros ($36 billion) in loans and 17 billion euros ($18.6 billion) in grants. Based on the newly signed agreement, Ukraine's state budget should receive 4.5 billion euros ($4.9 billion) in transitional financing in March and the remaining 1.5 billion euros ($1.6 billion) in April ...
Kyiv Independent (CA)
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