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URN Daily: EU to allocate its share of G7 loan starting in January; Study highlights social protection gaps in Ukraine amid war
Today's Contents Just The Facts: * European Union to allocate its portion of the $50 billion G7 loan to Ukraine in 2025 * EBRD lends €20 million to ProCredit Bank Ukraine for onlending to SMEs * EIB to allocate €16.5 million to renew public transport in Kyiv, Mykolaiv, other Ukrainian
European Union to allocate its portion of the $50 billion G7 loan to Ukraine in 2025
The European Commission (EC) said it will disburse its €18.1 billion portion of a $50 billion G7 loan to Ukraine in 2025. The funding will be allocated in tranches, with the first tranche to be paid to Ukraine in early January.
EIB to allocate €16.5 million to renew public transport in Kyiv, Mykolaiv, other Ukrainian cities
The European Investment Bank (EIB) said it will provide €16.5 million for the renewal of urban public transport in the Ukrainian cities of Kyiv, Mykolaiv, Ivano-Frankivsk, and Odesa. The funding will support the acquisition of new buses, dual trolleybuses, trams, spare parts, and maintenance equipment.
EBRD lends €20 million to ProCredit Bank Ukraine for on-lending to SMEs
The European Bank for Reconstruction and Development (EBRD) said it is providing a €20 million local currency loan to ProCredit Bank Ukraine for on-lending to local small and medium-sized enterprises (SMEs). The loan, supported by up to 10% interest rate subsidy from the European Union, will help Ukrainian
URN Daily: Australia reopens embassy in Kyiv; World Bank approves $2 billion for Ukraine; EBRD lends €480 million to Ukrainian Railways
Today's Contents Just The Facts: * Australia pledges additional aid for Ukraine as it reopens Kyiv embassy * World Bank approves $2.05 billion aid package for Ukraine reforms * EBRD lends €480 million to Ukrainian Railways for electric locomotives, power capacity * European Commission disburses €4.1 billion under Ukraine Facility
Australia pledges additional aid for Ukraine as it reopens Kyiv embassy
Australia has pledged to provide a total of AUD 76 million ($47.42 million) in new aid to Ukraine and announced the reopening of its embassy in Kyiv during a visit by ustralian Minister of Foreign Affairs Penny Wong to Kyiv. The funding includes AUD 66 million via the European
World Economic Forum opens Global Government Technology Centre in Kyiv
The World Economic Forum (WEF) established a Global Government Technology Centre in Kyiv, making it the organization's second such center worldwide, after Berlin, as it seeks to develop GovTech solutions. The center aims to leverage AI, Internet of Things (IoT), blockchain, and cybersecurity to foster an innovation ecosystem
European Commission disburses €4.1 billion under Ukraine Facility
The European Commission has released €4.1 billion to Ukraine as part of the €50 billion Ukraine Facility, bringing the total European Union funding disbursed to Kyiv under the facility to €16.1 billion. The government of Ukraine said €1.5 billion of the released funds is a grant. The
World Bank approves $2.05 billion aid package for Ukraine reforms
The World Bank's board has approved providing Ukraine with $2.05 billion aid package to support the Ukrainian government in implementing reforms to strengthen the economy and improve macro-financial stability. The initiative also aims to support the government in increasing GDP per capita to meet EU levels
EBRD lends €480 million to Ukrainian Railways for electric locomotives, power capacity
The European Bank for Reconstruction and Development (EBRD) said it is lending a total of €480 million to Ukrainian Railways (Ukrzaliznytsia) to procure electric locomotives and small-scale power generation. Of the total, €300 million will be allocated to Ukrainian Railways to finance the acquisition of electric locomotives to ensure
URN Daily: EIB approves €450 million for district heating, hydropower plants; Ukrainian Railways asks bondholders for $83 million delay in coupon payments
Today's Contents Just The Facts: * EIB approves €450 million for district heating, hydropower plants in Ukraine * Ukrainian Railways asks bondholders to delay $83 million of coupon payments * Zavalivsky Graphite, Ukraine's sole graphite miner, shuts down due to energy costs and outdated equipment * Japan to establish Coordination
UNDP and the German government develop plan to rebuild 11 Ukrainian schools
The United Nations Development Programme (UNDP) in Ukraine has partnered with the Ukrainian Ministry of Education and Science to analyze the country's educational infrastructure and develop a reconstruction concept for Ukrainian schools. The project, which included financial support from the German government, proposed improvements focusing on wartime challenges,
Japan to establish Coordination Council for Ukraine's reconstruction
Japan's Minister of Land, Infrastructure, Transport and Tourism Hiromasa Nakano announced the establishment of a Coordination Council for the reconstruction of Ukraine, which will include Ukrainian and Japanese businesses. The announcement came during a meeting attended by Ukraine's Minister of Economy Yulia Svyrydenko in Japan, the
Norway to give NOK1 billion to 7 Norwegian humanitarian organizations in Ukraine
The government of Norway is providing NOK 1 billion ($89.26 million) to seven Norwegian humanitarian organizations to support humanitarian relief efforts in Ukraine. The funding, provided under the Nansen Support Programme for Ukraine, will be channeled to Norwegian Red Cross, Norwegian Church Aid, Norwegian People’s Aid, Caritas Norway,
Zavalivsky Graphite, Ukraine's sole graphite miner, shuts down due to energy costs and outdated equipment
Ukraine's only natural graphite mining company, Zavalivsky Graphite, has suspended operations, the National Association of Mining Industries of Ukraine (NAEIU) said. The shutdown was attributed primarily to high electricity costs and outdated production infrastructure requiring substantial investments in modernization.