The European Commission has proposed transferring about €3 billion per year in profits generated by frozen Russian assets to Ukraine, with about 90% earmarked for military spending this year and 10% for the general budget.
Under the proposal, which still needs to be approved by European Union member states at a meeting going on Thursday and Friday this week, the first payment to Ukraine could come as early as July.
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
The European Union (EU) has committed €36.8 million to support the operations of the UN Refugee Agency (UNHCR) in Ukraine from July 2025 through December 2026.
Denmark has announced its 26th military aid package for Ukraine, valued at DKK 4.2 billion ($629 million), the Danish defense ministry said on Saturday.
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 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
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.
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.
