Economy
The EU has removed funding for drones from the first tranche for Ukraine
The European Union has cut funding for drone production for Ukraine, removing 5.9 billion euros from the first tranche. Instead, Ukraine will receive 3.2 billion euros to cover social...
Greeks cannot afford summer holidays even after the economy has recovered
Despite positive economic indicators, Greece is facing serious problems with the cost of living. Many families, even those with relatively high incomes, cannot afford traditional summer...
The European Commission has allocated €1.1 billion for the modernisation of transport in the EU
The European Commission has announced the allocation of €1.1 billion for transport modernisation under the TEN-T programme. This funding package aims to improve transport infrastructure in...
Britain is testing long-range missiles for Ukraine that are capable of reaching Moscow
Britain has carried out tests on new long-range missiles, which could be supplied to Ukraine for strikes against Moscow. These systems are capable of striking targets at a range of over 300...
The Cabinet of Ministers is launching the «Agricultural Thousand» scheme to support farmers in Ukraine
The Cabinet of Ministers of Ukraine has approved a decision to launch a new support programme for the agricultural sector, known as the «agricultural thousand». It provides for compensation for the cost of purchasing mineral fertilisers and...
EU leaders have approved a one-year extension of sanctions against Russia
The European Union has approved the extension of sanctions against Russia for a further year due to its aggression in Ukraine. The decision was taken during a summit in Brussels on 18 June, despite...
The UK has announced military aid worth billions for Ukraine
The UK has announced a new package of military aid for Ukraine worth around one billion dollars. The funds will be used to purchase long-range ammunition and missiles for systems...
The Netherlands has allocated €500 million to Ukraine for drones and ammunition
The Netherlands has officially announced a new package of military aid for Ukraine worth 500 million euros. The funds will be used to meet the most urgent needs of the Defence Forces...
Iran and the US have agreed to set up a private investment fund worth $300 billion
Iran and the US have agreed to set up a private investment fund worth $300 billion, which is intended to boost economic cooperation once a final agreement has been reached. More than half of these investments...
Ukraine is launching a large-scale programme for 216 frontline communities
The Ministry of Regional Development of Ukraine is working on a State Programme to support frontline areas, covering 216 communities across ten regions. The programme is based on European approaches and provides for a comprehensive...
The UK is supplying Ukraine with 6,000 Martlet missiles to bolster its anti-drone air defence capabilities
The United Kingdom has sent a large consignment of Martlet Light Multi-Purpose Missiles (LMMs) to Ukraine, designed to intercept Russian drones and low-flying targets. The new delivery is intended to close...
Zelenskyy is banking on drones: Ukraine is asking its partners for 1.42 billion
Ukraine is set to appeal to its allies for an additional 1.42 billion to consolidate its advantage over Russia on the battlefield. The request will be formally made on 18...
Monobank cancels fees for all international SWIFT transfers
Monobank has waived the fee for all international SWIFT payments. Now both business clients and private users can make incoming and outgoing international transfers without additional...
Ukraine tightens control over online alcohol sales through digital platforms
The Verkhovna Rada has extended the law on taxation to digital platforms, including strict control over the sale of alcohol and tobacco online. Trade in excisable goods is allowed...
North Korea is getting richer at the expense of Russia and China
While the international community has been ridiculing Pyongyang's secrecy and technological backwardness for years, the DPRK economy has demonstrated one of the most amazing and at the same time cynical transformations of the 21st century. The authoritative...
Ukraine receives the seventh tranche of EUR 2.8 billion from the European Union
Ukraine has received the seventh tranche of funding from the European Union under the Ukraine Facility programme worth EUR 2.8 billion. The funding will be used for priority state budget expenditures,...
