Economy

EU removes three more Russian banks from SWIFT

EU removes three more Russian banks from SWIFT

On June 14, the European Union cuts off Sberbank, Russia's largest bank, Russian Agricultural Bank, and Credit Bank of Moscow from SWIFT international payments system as part of the sixth package of sanctions against Russia over its aggression against Ukraine.

Nord Stream 1 must be shut down - German, French MEPs

Nord Stream 1 must be shut down - German, French MEPs

One of the tools that the European Union can and should use to stop Russia's war against Ukraine and ensure the inviolability of Ukrainian borders is to stop the gas flow through the Nord Stream 1 gas pipeline.

13 June 2022

12 June 2022

Russia’s arrested assets of should be confiscated now - Podoliak

Russia’s arrested assets of should be confiscated now - Podoliak

Mikhailo Podoliak, an adviser to the head of the President's Office, stressed the need to confiscate the seized assets of the Russian Federation, as Russia, the power that is waging the war of aggression, must pay for destroyed households, lost property, massacres, and other horrific consequences of the full-scale invasion.

WTO members express solidarity with Ukraine, vow assistance

WTO members express solidarity with Ukraine, vow assistance

Over 50 WTO Members agreed a statement at the World Trade Organization's 12th Ministerial Conference (MC12) in solidarity with Ukraine, promising support and assistance in agricultural exports and efforts to rebuild the country in a post-war period.

11 June 2022

10 June 2022

09 June 2022

EU allocates additional EUR 205M in humanitarian aid to Ukraine

EU allocates additional EUR 205M in humanitarian aid to Ukraine

In light of the soaring humanitarian needs in Ukraine, the EU has allocated another EUR 205 million in humanitarian assistance for Ukraine, bringing the total EU humanitarian aid funding to EUR 700 million in response to Russia’s full-scale invasion.

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