Meloni tells which countries will provide a $50B loan to Ukraine
The European Union countries will not be directly involved for now in a $50 billion loan that the G7 plans to raise for Ukraine using income from frozen Russian assets.
Recovery of Ukraine
Health Ministry, WB project: Construction of central hospital’s building being completed in Irpin
In Irpin, Kyiv region, a new stage of construction of the central city hospital’s building has begun. This is a joint project of the Ukrainian Health Ministry and the World Bank.
Belgian agency allocates EUR 8.6M for shelters, reconstruction of educational institutions in Kyiv region
Ukraine's central Kyiv region will receive EUR 8.6 million from the Belgian development agency Enabel for shelters and the reconstruction of educational institutions.
15 June 2024
G7 Summit: Russia must pay $486B for damage it caused to Ukraine
The G7 countries are looking for legal ways to force Russia to compensate Ukraine for at least $486 billion in damages caused by the war.
13 June 2024
Reconstruction Agency has completed 82% of construction works at energy infrastructure facilities
The State Agency for the Reconstruction and Development of Infrastructure has prepared a report on the implementation of projects to protect energy facilities, restore settlements and ensure the operation of checkpoints.
Ukrhydroenergo plans to restore 1 GW of capacity by winter
Ukraine's hydropower operator Ukrhydroenergo plans to restore one gigawatt of generating capacity before the 2024-2025 heating season.
12 June 2024
Ukraine signs 110 international agreements at recovery conference
At the Ukraine Recovery Conference in Berlin, Ukraine signed 110 international agreements, contracts, and memorandums.
Canada to provide another $5M for humanitarian mine action in Ukraine
Canada will allocate another $5 million to U.S. firm Tetra Tech for humanitarian demining in Ukraine.
Ukraine’s Vice PM: Defense, energy agreements being signed in Berlin today
On the sidelines of the Ukraine Recovery Conference in Berlin, a number of important agreements in various fields have been signed and important initiatives – launched.
Denmark’s Export and Investment Fund remains leader in implementing recovery projects in Ukraine
Among the export credit agencies working with recovery projects in Ukraine, the Export and Investment Fund of Denmark (EIFO) remains the leader.
Restoration of Ukraine's energy sector: 12 agreements signed at conference in Berlin
At the Ukraine Recovery Conference 2024 in Berlin, Ukraine has signed 12 cooperation agreements with financial institutions and energy companies.
EIB, together with European Commission, to allocate EUR 1B for Ukrainian business
The European Investment Bank (EIB) Group, in cooperation with the European Commission and the Government of Ukraine, signed a number of important projects and partnership agreements; funds in the amount of EUR 1 billion will be directed to Ukrainian business and the restoration of local critical infrastructure.
Ukraine to get from World Bank $109M in grants to restore, sustain energy sector
As part of the projects being implemented by the World Bank toward restoring and sustaining Ukraine’s energy industry, the nation is set to receive $109 million in grant financing.
Ukrhydroenergo, AECOM to work on restoring hydropower generation in Ukraine
Ukrainian hydropower plants’ operator Ukrhydroenergo and the U.S.-based AECOM signed a memorandum outlining the intentions to implement projects aimed at supporting the rehabilitation and reconstruction of hydropower facilities affected by war.
Olena Zelenska at Ukraine Recovery Conference highlights nation’s resilience
First Lady of Ukraine Olena Zelenska took part in the Ukraine Recovery Conference (URC2024) in Berlin.
Netherlands contributing EUR 138M for Ukraine's reconstruction
The Netherlands is contributing EUR 138 million for various projects to rebuild Ukraine.
Path to Ukraine’s recovery starts with air defense systems - Kuleba
The Minister for Foreign Affairs of Ukraine, Dmytro Kuleba, divided the long-term needs for the country’s recovery into five steps: air defense, investments, macro-financial support, EU membership, and frozen Russian assets.
Ukrenergo to receive EUR 15M grant from KfW to restore substations
The national power grid operator Ukrenergo will receive a EUR 15 million grant from Germany’s state-owned development bank KfW to restore substations damaged by Russia’s attacks.
11 June 2024
Ukraine needs $17B to restore medical infrastructure destroyed by Russia – Liashko
Ukraine needs more than $17 billion to restore its medical infrastructure destroyed by Russian attacks.
EIB to provide EUR 100M to Ukraine for social infrastructure reconstruction
The European Investment Bank will provide Ukraine with €100 million to restore and modernize social infrastructure.
Zelensky at URC 2024: Ukraine has clear plan to build up to 1GW of gas generation capacity this year
Ukraine has all the natural basis required for modern energy solutions.
Ukraine should focus on attracting private capital - Marchenko
The Ministry of Finance believes that, despite stable financial support from international partners, Ukraine should focus on private capital.
Ukraine’s economy minister in Berlin: Ukraine needs $12-13B in investment immediately to ensure rapid growth
Ukraine demonstrates economic stability, but in order to achieve rapid growth, the country needs some $12-13 billion woth of investment right now, without waiting for the war to end.
Italy announces EUR 140M package for Ukraine’s infrastructure restoration
The Italian government is preparing a EUR 140 million economic assistance package for Ukraine to rebuild its infrastructure.
EUR 100M in compensation for destroyed housing: Ukraine signs agreement with European bank
Ukraine will receive €100 million from the Council of Europe Development Bank to compensate for housing destroyed as a result of Russia's armed aggression.
EIB planning to provide over EUR 1B to restore critical infrastructure, support businesses in Ukraine
At the Ukraine Recovery Conference, the European Investment Bank (EIB) is planning to sign agreements on new financing worth more than EUR 1 billion to support businesses and restore critical infrastructure in Ukraine.
Marchenko outlines main topics of Ukraine Recovery Conference
Energy and increasing power generation will be one of the main topics of the Ukraine Recovery Conference in Berlin.
10 June 2024
Georgian PM to attend Ukraine Recovery Conference in Berlin
Prime Minister of Georgia Irakli Kobakhidze will participate in the Ukraine Recovery Conference in Berlin.
09 June 2024
Biden, Macron support use of profits from Russian assets for Ukraine's benefit
U.S. President Joe Biden and French President Emmanuel Macron support the efforts of the European Union and the G7 to use profits from immobilized Russian assets for the benefit of Ukraine.