The Aid
Where it comes from and where it's going.
Ukraine to attract additional $68 million from EIB for social infrastructure, energy projects
Ukraine's government on Friday approved documents enabling it to raise an additional €62 million ($68 million) in funding from the European Investment Bank (EIB), the prime minister said in a press release. "These resources will be channeled to the development of social infrastructure, energy sustainability, heating, and
Switzerland to provide $1.8 billion for Ukraine's reconstruction efforts
Switzerland will over the next four years allocate CHF 1.5 billion ($1.8 billion) to support Ukraine's reconstruction projects, Ukraine's Ministry for Restoration said Thursday in a press release. Of the total, CHF 1 billion will be directed toward the self-government, demining, and humanitarian
Export-Import Bank of Korea lends $100 million in first-ever Korean concessional financing to Ukraine
The Export-Import Bank of Korea will provide a $100 million preferential loan to Ukraine, with a term of 20 years, a 1% annual interest rate, and a grace period of five years. The loan is the first financial support package provided by the Republic of Korea to Ukraine'
BSTDB secures $150 million from Japan's JBIC to support reconstruction of Ukraine
The Black Sea Trade and Development Bank (BSTDB) has obtained a facility of up to $150 million from the Japan Bank for International Cooperation (JBIC) to support Ukraine's reconstruction efforts. "This funding will be instrumental in helping Ukraine, which is currently facing immense challenges, to recover and
Ukraine Facility investment funds may drift toward large firms as small ones fight for survival, BGK official says in Kyiv Post interview
European Union funds meant to promote investment in Ukraine's reconstruction risk gravitating toward large companies because smaller ones are too focused on survival to invest, warned a development bank official working with the funds. Bogdan Zawadewicz, head of Geopolitical Risk Analysis at BGK (Polish National Development Bank), said
EIB lends €50 million to city of Kyiv to replace aging Russian subway coaches
The European Investment Bank (EIB) will lend €50 million ($56 million) to the city of Kyiv to help replace its fleet of aging Russian subway, or metro, coaches with new, energy-efficient Western versions, the lender said Tuesday in a press release. "Before the war, 80% of Kyiv’s
EU to lend Ukraine up to €35 billion under G7 plan, von der Leyen says
The European Union will provide Ukraine a loan of up to €35 billion as part of a $50-billion pledge by the G7, European Commission President Ursula von der Leyen said Friday in a post on X during a visit to Kyiv. "Relentless Russian attacks mean Ukraine needs continued
Ukraine's EBA business association says proposed tax hikes could incentivize shadow economy
Ukraine-based European Business Association (EBA) has protested tax hikes recently adopted by the country's parliament at first reading, arguing any additional taxation could damage the competitive environment by practically incentivizing the shadow economy. The tax bill raises the war tax on individuals to 5% from the current
Germany to provide additional €100 million in aid to Ukraine this winter
Germany will provide an additional €100 million in aid to Ukraine this winter, Reuters reported, citing German Foreign Minister Annalena Baerbock. Russia is once again planning a "winter war with the aim of making the lives of people in Ukraine as terrible as possible," Baerbock said during a
EU prepares up to €40 billion in new loans for Ukraine without US, sources tell FT
The EU plans to allocate up to €40 billion in new loans to Ukraine by the end of 2024, regardless of US participation, after a G7 plan to use frozen Russian assets to help Kyiv lost momentum, the Financial Times reported, citing unnamed sources familiar with the matter. In June,
UK pledges £600 million in Ukraine aid, US offers $700 million, in joint visit to Kyiv
The UK announced more than £600 million in aid for Ukraine and the US announced $717 million in economic and humanitarian assistance in the first-ever joint visit by the top diplomats of the two nations. David Lammy, in his first visit to Ukraine as foreign secretary of the UK,
Zelensky courts Ukraine's evangelicals, linked to US Republicans, ahead of US election, Washington Post reports
Ukrainian President Volodymyr Zelensky and other government officials are reaching out to Ukraine's evangelical Christian population in hopes of gaining greater influence with evangelicals, and Republicans, in the United States, according to a report by The Washington Post. In June, Zelensky attended the National Prayer Breakfast, a political