Economy

24 May 2022

G7 countries mobilized $19.8B in economic support to Ukraine

G7 countries mobilized $19.8B in economic support to Ukraine

The G7 Finance Ministers and Central Bank Governors, as well as the representatives of the International Monetary Fund (IMF), World Bank Group, Organisation for Economic Cooperation and Development (OECD), and Financial Stability Board (FSB) have announced the mobilization of $19.8 billion in economic support to Ukraine.

Zurich Insurance leaving Russian market

Zurich Insurance leaving Russian market

A Swiss-based Zurich Insurance Group Ltd. (Zurich), one of the world’s leaders in insurance, is set to leave the Russian market, selling its business to 11 members of its local team.

Shmyhal calls on G7 to provide Ukraine with urgent funding

Shmyhal calls on G7 to provide Ukraine with urgent funding

Ukrainian Prime Minister Denys Shmyhal has said that Ukraine needs at least $15 billion over the next three months to cover its operational budget needs, and has called on the Group of Seven countries to provide urgent funding to the country.

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