Euroclear, the Belgian clearing house that holds the bulk of the frozen Russian assets, plans to redistribute €3 billion in cash to compensate Western investors who had cash seized in Russia in recent months, Reuters reported.
Euroclear to give €3 billion in frozen Russian cash to compensate Western investors, sources say
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Ukraine, Switzerland launch local recovery governance project
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Ukraine to ask EU to delay introducing carbon border tax, trade envoy says
Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade
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Ukraine's governmental commissioner for Public Debt Management, Yuriy Butsa, told investors in London last week that Kyiv is in no rush to restructure its debt linked to economic growth or so-called GDP warrants, Reuters reported on Friday, citing unnamed sources familiar with the matter.
Ferrexpo says it was forced to shut down 2 pellet production lines due to Ukrainian sanctions, suspension of VAT refunds
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Ukraine, Switzerland launch local recovery governance project
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine receives €236 million loan under World Bank's PEACE project
Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance
EU releases €2.8 billion to Ukraine under reform-linked funding program
The European Commission disbursed nearly €2.8 billion to Ukraine on Monday to help finance the state budget and maintain public services as the country continues to defend itself against Russia's invasion.
EBRD governors reaffirm Ukraine as top priority, pledge continued reconstruction support
The governors of the European Bank for Reconstruction and Development (EBRD) reaffirmed Ukraine as the bank's top priority, pledging continued support for the country during the war and its future reconstruction, while also backing increased assistance for economies affected by conflict in the Middle East.