The European Union (EU) will disburse Ukraine €1.5 billion each month throughout 2025 from the proceeds of Russian frozen assets, newly appointed European Council President Antonio Costa said on Sunday.
Costa also stated that the EU will in December provide Ukraine with €4.2 billion to support the country's budget. All these funds can also be used for military purposes, Costa noted.
Switzerland has launched a new call for investment projects involving Swiss companies in Ukraine, making up to 50 million Swiss francs ($61 million) available to help finance reconstruction and economic recovery efforts, the Swiss government said on May 28. The initiative targets Swiss companies with an established presence in Ukraine
Ukraine's foreign exchange regulations are changing "rapidly and dramatically" and are providing "quite many surprises" to foreign companies operating in the country, representatives from Schneider Group warned at a webinar this week. The warning came during a one-hour presentation on foreign exchange controls
