Turkish Airlines cancels flights to and from Ukraine until end of summer
Turkish Airlines has extended the cancellation of flights to and from Ukraine until August 31 inclusive, as well as to and from certain destinations in Belarus and Russia.
Economy
UWC files legal action to stop return of gas turbine for Nord Stream
The Ukrainian World Congress (UWC) together with the Ukrainian Canadian Congress has been pleading with the Government of Canada to revoke the waiver provided to Siemens Canada that allows the return of repaired Nord Stream 1 turbines to Germany.
12 July 2022
Sixteen vessels sail through Bystre Canal to be loaded with Ukrainian grain
As of July 12, 2022, a total of 16 merchant ships sailed through the Bystre Canal to be loaded with Ukrainian-produced grain.
Grain сorridor: Ukraine confirms talks in Istanbul
Security issues will remain a key element of Ukraine’s position at the meeting of Ukraine, the UN, Turkey, and Russia delegations on July 13.
Shmyhal: Ukraine to receive EUR 1B in aid from EU by end of July
By the end of July, Ukraine is to receive one billion euros in additional EU macro-financial assistance.
EU Council approves additional EUR 1B assistance for Ukraine
The Council of the European Union has announced today the decision to allocate an additional EUR 1 billion of additional macro-financial assistance to Ukraine, as a matter of urgency, which will be directed to the country's priority needs.
Ukraine gets $1.7B grant from U.S.
The United States has transferred another $1.7 billion in grant assistance to Ukraine.
Germany, Japan to help organize grain exports from Ukraine
Amid the Russian invasion of Ukraine, Germany and Japan will defend the rules-based international order and help organize grain exports from Ukraine.
EU may propose seventh sanctions package against Russia in coming weeks – Bloomberg
The European Union is planning to propose a new sanctions package against Russia over its war in Ukraine in the coming weeks.
11 July 2022
Kyiv mayor on preparations for heating season: I believe we’ll cope
Kyiv Mayor Vitaliy Klitschko, speaking about preparations for autumn and winter, including about providing the capital with electricity and heat, expressed his belief that the authorities will succeed in ensuring supplies.
Turkish defense chief believes issue of export corridors for Ukrainian grain close to being resolved
Turkey’s top defense official suggests that the solution to the issue of opening a path for the export of grain from Ukraine is close to being reached as Ankara is making efforts so that the interested parties meet remotely or face-to-face.
10 July 2022
Russian gas turbine return from Canada to Gazrpom “very bad precedent” - Gas TSO of Ukraine
The Canadian government's decision to return to Germany a gas turbine following maintenance works for its further use in the Nord Stream gas pipeline set a “very bad precedent” for an exemption from Russia sanctions.
Ukraine given green light to join Council of Europe Development Bank
The Council of Europe Development Bank (CEB) gave Ukraine the green light to join and allocated funds to support Ukrainian refugees in Europe.
Canada announces new economic sanctions against Russia
Minister of Foreign Affairs Melanie Joly has announced that Canada intends to impose further sanctions in relation to Russia’s illegal and unjustifiable invasion of Ukraine.
09 July 2022
Ukraine to get $1.7B grant from partners for medical services – Shmyhal
Ukraine will receive $1.7 billion in grant funds from American partners to pay for medical services under the program of medical guarantees.
Ukraine’s parliament increases budget expenditures by almost UAH 81B
The Verkhovna Rada of Ukraine passed a law to increase the expenditure part of the 2022 state budget by UAH 80.9 billion.
08 July 2022
Fitch downgrades Belarus's long-term foreign-currency IDR to “C”
London-based Fitch Ratings has downgraded Belarus's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'C' from 'CCC', which points to the imminent default expectations.
Russia’s war could starve 323 mln people
Russia’s unjustified and unprovoked aggression toward Ukraine has caused a global food crisis, which made over 323 million people worldwide face the threat of actual food shortage, while 1.2 billion have become exposed to hardships due to a combination of high prices of food and energy amid declining incomes.
Ukraine calls on Canada not to return Russian gas turbine after repair
Ukraine has asked Canada not to return a turbine to Russia's Gazprom that is set to be used in gas transmission to Germany, as this would be in violation of sanctions earlier imposed on Russia.
Romanian PM says country could ensure gas supplies to Ukraine
Romanian Prime Minister Nicolae Ciucă said that after the launch of the interconnector from Greece to Bulgaria, his country will be able to ensure gas supplies to Ukraine and Moldova.
EU bureaucracy seen blocking 1.5 billion-euro loan to Ukraine - Bloomberg
The executive arm of the European Union is blocking a 1.5 billion-euro loan for Ukraine as caution prevails over the country’s urgent needs.
07 July 2022
Ukraine to receive another $20 bln in aid from partners this year – PM Shmyhal
Ukraine will receive another $20 billion in aid and support from international partners this year.
Zelensky calls on largest independent oil trader to stop supplies from Russia
Ukrainian President Volodymyr Zelensky has called on the world's largest independent oil trader, the Dutch company Vitol, to stop shipping Russian oil.
Consumer inflation in Ukraine exceeds 20% - central bank
Consumer inflation in Ukraine in June 2022 reached 20.1% in annual terms, up from 18% in May.
European Parliament endorses EUR 1B in macro-financial assistance to Ukraine
The European Parliament has voted for the European Commission’s proposal to provide EUR 1 billion in the EU macro-financial assistance to Ukraine in order to meet the urgent budgetary needs.
Ukraine’s foreign exchange reserves cut to $22.8B as of July 1
As of July 1, 2022, Ukraine’s foreign exchange reserves came to $22.8 billion, having reduced by 9% over the past month.
06 July 2022
Ukraine’s Fast Recovery Plan presented to Congress of Local and Regional Authorities
Deputy Head of the Office of the President of Ukraine Kyrylo Tymoshenko has presented Ukraine’s Fast Recovery Plan to the Congress of Local and Regional Authorities of the Council of Europe.
Ukrainian FM doubts grain exports will be unblocked soon
Negotiations on the opening of grain corridors are ongoing, and there are several most important steps that are not easy to reach an agreement on, including those on security guarantees for Ukraine.
Shmyhal: Agreement reached in Lugano on almost $1.9B in support for Ukraine
Ukrainian Prime Minister Denys Shmyhal has said that at the Ukraine Recovery Conference in Lugano, an agreement was reached on almost $1.9 billion in support for Ukraine.