Ukraine seeks investments to strengthen defense capabilities – Shmyhal
Ukraine needs investments to bolster its defense capabilities, drawing on models like the "Danish model."
Ukraine needs investments to bolster its defense capabilities, drawing on models like the "Danish model."
The European Union is aware of the existing problems with Russia evading international sanctions, but since Moscow receives critical components and spare parts through third countries, stopping these schemes requires the united efforts of the whole world.
The Ukrainian side has provided European partners with lists of companies selling their products to Russia, despite sanctions imposed, and is now expecting to see a reaction on the part of the European Union.
The European Union will continue to provide Ukraine with economic, humanitarian and military assistance, including by allocating EUR 4.2 billion to support the Ukrainian budget by year-end, and next year EUR 1.5 billion will be sent to Ukraine every month from the proceeds derived from frozen Russian assets, including to finance Ukraine's defense spending.
Starting December 2, empty trucks will be able to cross the border with Hungary only by electronic recording at the Luzhanka-Beregsurany international automobile checkpoint.
Since the launch of the Winter eSupport program, more than 400,000 citizens have applied for the payment.
Yesterday, power companies restored electricity supply to more than 14,000 consumers who were cut off as a result of hostilities.
Hourly power outages on Sunday, December 1, scheduled from 13:00 to 22:00, will involve a single group of household consumers.
Prime Minister Denys Shmyhal emphasized that given the security situation, it is currently impossible to partially open the airspace, so it is important to develop alternative routes for the delivery of goods and passengers.
30 November 2024
According to the National Bank of Ukraine's (NBU) November survey on systemic risks, 97% of executives from the country’s largest banks and non-bank financial institutions rated the financial sector's resilience as moderate or higher.
Oleksii Kuleba, Vice Prime Minister for Reconstruction of Ukraine and Minister for Communities and Territories Development, met with Magda Kopczynska, Director General of the European Commission's Directorate-General for Mobility and Transport (DG MOVE).
29 November 2024
During the two most recent massive attacks on Ukraine's energy system on November 17 and 28, Russia launched 211 missiles and 187 kamikaze drones.
As of now, the situation in the energy sector is controlled by Ukrenergo dispatchers, and the integrity of the energy system has not been compromised.
Ukraine’s three operating nuclear power plants reduced their electricity generation on Thursday morning as a precautionary measure following recent attacks on the country’s energy infrastructure, which have further endangered nuclear safety.
Finland’s Summa Defense will set up a production facility in Finland that will manufacture drones in collaboration with Ukrainian partners.
The Ukrainian Startup Fund has joined the Europe Startup Nations Alliance (ESNA), a European initiative aimed at supporting and developing startup ecosystems.
28 November 2024
On November 28, the Norwegian Parliament supported the extension of the Nansen Support Program for Ukraine for another three years and allocated at least 35 billion Norwegian kroner (EUR 3.1 billion euros) in aid to Ukraine next year.
The European Union and Ukraine have signed a Memorandum of Understanding necessary for the disbursement of EUR 18.1 billion in macro-financial assistance.
In Ukraine's 2025 State Budget, over 2.2 trillion hryvnias, equivalent to 26.3% of GDP, has been earmarked for security and defense forces.
Of the $50 billion planned to be raised from frozen Russian assets, the first portion of $22 billion will arrive in Ukraine in 2025.
Ukrainian President Volodymyr Zelensky has signed the bill on Ukraine's state budget for 2025 into law.
The World Bank has approved USD 664 million for Ukraine under the INSPIRE social sector project.
Despite the current free flow of traffic at all border checkpoints between Ukraine and Poland, there is still the possibility of renewed border blockades by Polish farmers.
Naftogaz Group facilities were among the targets of a large-scale Russian attack on the morning of November 28. However, the attack will not affect the provision of services to customers.
As a result of a massive combined attack on the Ukrainian power grid, energy infrastructure facilities sustained damaged in a number of regions.
Ukraine's power grid operator Ukrenergo has ordered the introduction of emergency power outage schedules across the country.
In January-August 2024, the enterprises relocated to the Poltava region paid more than UAH 9 million in taxes to the consolidated budget.
Ukraine and Denmark have signed a memorandum of understanding on the introduction of a fast-track mechanism for investment that will facilitate the entry of Danish businesses into the Ukrainian market.
Norway plans to raise fiscal support for Ukraine in 2025 to nearly $2.7 billion, according to the country’s prime minister Jonas Gahr Stoere.