The Swiss government has set aside CHF 500 million for Ukraine reconstruction-related projects involving Swiss companies as part of its three-year aid program . In all, the government aims to focus on three basic goals over the next three years in Ukraine: accelerating the economic recovery, supporting quality public
US Treasury Secretary Scott Bessent arrived in Ukraine on Wednesday, marking the first visit by a senior official from President Donald Trump's administration to Kyiv, where he presented a draft document on the bilateral economic partnership to President Volodymyr Zelensky. "President Trump has a plan to end
The European Commission has appointed a former Polish central bank chief, a former member of the European Court of Auditors and a development finance specialist to the audit board of the €50 billion Ukraine Facility. The board is meant to "ensure the transparent and effective use of up to
US President Donald Trump said on Wednesday he had a "lengthy and highly productive" phone call with Russian President Vladimir Putin and they agreed to "immediately" start talks about ending the war in Ukraine. "We have also agreed to have our respective teams start negotiations
US Defense Secretary Pete Hegseth said on Wednesday that returning to Ukraine's pre-2014 borders was an "unrealistic objective," as he was presenting US President Donald Trump's views on Ukraine and Russia during a meeting of Ukraine's military allies at NATO headquarters
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is providing a portfolio risk-sharing facility to Ukraine's state-owned Oschadbank that partially covers credit risks in up to €100 million of newly originated sub-loans by the Ukrainian lender. The development comes as Oschadbank
Ukraine's parliament has voted in favor of a bill allowing state-owned nuclear energy operator Energoatom to buy two Russian-made nuclear reactors from Bulgaria to expand Ukraine's Khmelnytskyi nuclear power plant (NPP). The bill passed with 261 votes in favor in the 450-seat parliament,
Revolut, the UK-based fintech, has launched services in Ukraine, allowing citizens to open European Revolut accounts, as the company seeks to capture a share of the large diaspora market created in 2022 by the outflow of millions of Ukrainian refugees. "Ukrainian residents can now send and receive money
Budget airline Wizz Air plans to start flying to Ukraine within six weeks of any ceasefire agreement with Russia, CEO Jozsef Varadi told Reuters on Tuesday, matching a promise made by competitor Ryanair earlier this month. Wizz Air's resumption of flights to Ukraine, suspended after the full-scale
NovaSklo, a company backed by Ukrainian investment firm EFI Group, will build a €240 million glass factory in the Kyiv region by 2028 to supply the reconstruction of Ukraine, according to statements by the company and the government. The factory, to employ about 340 people and run two production lines
US President Donald Trump said on Tuesday he will send US Treasury Secretary Scott Bessent to Ukraine to meet with President Volodymyr Zelensky and called for a quick end to the war. "This War MUST and WILL END SOON — Too much Death and Destruction. The U.S. has spent
European Investment Bank (EIB) Group President Nadia Calviño on Monday visited Kyiv in her first official trip outside the European Union since assuming the position a year ago to exhibit the lender's long-term commitment to the war-torn country, the EIB said in a press release. "
Meaghan Mobbs, daughter of US President Donald Trump's Ukraine envoy Keith Kellogg, has been deeply involved in humanitarian aid efforts in Ukraine since the war began, according to an op-ed published by the Washington Post. As the president of the R.T. Weatherman Foundation, Mobbs has led
WIG Ukraine, the index for Ukrainian stocks on the Warsaw Stock Exchange (WSE), surged nearly 25% in recent days, reaching pre-war levels, Polish business outlet Puls Biznesu reported. Financial markets have responded positively to US promises of a plan to end the Russia-Ukraine war. After Donald Trump'
