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EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
The European Union is ready to lend Ukraine up to $39 billion as part of a loan package organized by the Group of Seven major industrial nations
EU pledges to lend Ukraine up to $39 billion to help rebuild its economy and power grid
The European Union vows to lend Ukraine up to $39 billion, underwritten by the windfall profits earned on almost $300 billion in frozen Russian assets.
Ukraine Gets $39 Billion Funding Boost
"Russia's relentless attacks mean further support is necessary," says European Commission President Ursula von der Leyen as she pledged $39 billion.
Europe will loan war-torn Ukraine up to $39 billion to aid recovery as part of G7 pledge
The European Union will lend Ukraine up to €35 billion ($39 billion) to help rebuild its economy, providing the lion’s share of a $50 billion loan agreed by G7 nations earlier this year.
EU offers Ukraine €35 billion loan for recovery
EU pledges up to $39 billion to aid Ukraine's war-damaged power grid
G7 leaders agreed in June to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia's frozen central bank assets would be used as collateral, but progress has been slow in distributing the money.
Kyiv Independent on MSN
1d
Ukrainian drones are burning Russia’s oil refineries, but not its economy
Ukraine’s drone attacks on Russian oil refineries are trying to achieve what Western sanctions couldn’t: grinding down what ...
23h
Russia struggles to rewire global trade amid sanctions, war, WSJ analysis says
As the full-scale invasion continues, Western countries are imposing increasingly severe sanctions on Russia, forcing it to ...
15h
Russia Loses 35 Artillery Systems, 118 Vehicles and 1,340 Troops in a Day: Kyiv
Some 35 artillery systems were also taken out by Kyiv during this period, pushing the number further past the 18,000 mark, as well as 52 unmanned aerial vehicles, taking the war's Russian drone tally ...
2d
Putin is embarking on an aggressive hiring drive to rejuvenate Russia's army. But he can't sustain it, experts say.
The Russian army is set to increase by 180,000, which would make it the second-largest in the world. It's already straining ...
4d
on MSN
Russia's oil revenue has plunged as global crude prices tumble
Russia's oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending ...
8d
Russia May Pause Rate Hikes as War Economy Shows Hint of Cooling
The Bank of Russia may tap the brakes on monetary tightening aimed at cooling the country’s overheating economy after signs ...
12d
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...
3d
on MSN
Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says
Western countries have bought billions of dollars worth of Russian oil from Turkish refiners, a study from CREA says.
Tagtik on MSN
18h
Russian economy on the verge of implosion
General Michel Yakovleff, former deputy chief of staff of SHAPE (NATO) has analyzed Russia's latest economic results, and he ...
13d
on MSN
Russia's economy is so driven by the war in Ukraine that it cannot afford to either win or lose, economist says
"A protracted stalemate might be the only solution for Russia to avoid total economic collapse," one economist says.
6h
on MSN
Russian Strikes on Power Grid Push Ukraine’s Businesses to Breaking Point
Ukrainian President Volodymyr Zelensky has pleaded with Western allies for more air- defense systems to shield energy ...
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