Economy

13 November 2022

12 November 2022

11 November 2022

EU mobilizes EUR 1B for “Solidarity Lanes” with Ukraine

EU mobilizes EUR 1B for “Solidarity Lanes” with Ukraine

The European Commission, Czechia, Poland, Romania, Slovakia, Republic of Moldova, Ukraine, the European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank Group signed a joint declaration providing for nearly EUR 1 billion for supporting “Solidarity Lanes” on the borders between Ukraine and the EU member states.

10 November 2022

09 November 2022

Luxembourg freezes EUR 5.5B of Russian assets

Luxembourg freezes EUR 5.5B of Russian assets

Luxembourg has frozen EUR 5.5 billion belonging to Russian individuals and legal entities, which is about a third of all Russian assets blocked on the territory of the European Union.

08 November 2022

United States to provide $25M in winterization assistance to Ukraine

United States to provide $25M in winterization assistance to Ukraine

U.S. Representative to the United Nations Linda Thomas-Greenfield has announced that the United States, through the U.S. Agency for International Development, will provide $25 million in winterization assistance to help vulnerable people in Ukraine survive the harsh winter.

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