The European Bank for Reconstruction and Development (EBRD) has signed a $100 million revolving credit facility in Ukrainian hryvnia with Citi Ukraine, its second such facility in about a year. The latest facility is meant to ensure the EBRD secures access to local currency liquidity while offerings loans in the
US Treasury Secretary Scott Bessent told Fox Business that a blueprint of an economic partnership deal he presented to Ukraine's President Volodymyr Zelensky on Wednesday anticipates that the US has the right to revenue Ukraine is already receiving from some resources. Bessent presented the draft document on the
Ukraine's largest airport, Boryspil International Airport near Kyiv, said on Thursday its top management has held talks with low-cost carrier Wizz Air on the relaunch of air traffic once the country's airspace is opened. The airport's management briefed the airline executives on its
Ukraine's government said on Thursday it has launched bilateral screening with the European Union to determine the compliance of the country's legislation with EU law under Chapter 9, Financial Services, as part of its path to accession. During the meetings between Ukrainian and EU officials on
European officials anticipate US President Donald Trump will insist they fund Ukraine's reconstruction and station troops there to uphold a peace deal they wouldn't be a part of, the Financial Times reported on Thursday, citing more than half a dozen unnamed senior European officials. "The
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
