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EU approves EUR 1-bln in support for Ukrainian Armed Forces

KYIV, April 13 – The Council of the European Union adopted an assistance measure worth EUR 1 billion under the European Peace Facility (EPF) to support the Armed Forces of Ukraine, the Council's press service has said. "This measure will allow the EU to reimburse member states for ammunition donated to Ukraine from existing stocks or from reprioritisation of existing orders during the period 9 February to 31 May 2023," according to the press release.


Spain to provide guarantees on World Bank’s EUR100-mln loan to Ukraine

KYIV, April 13 – Spain has signed an agreement with the European Bank for Reconstruction and Development (EBRD) to provide guarantees in the amount of EUR100 million to support the bank's operations in the municipal sector of Ukraine, as well as to ensure food security in Ukraine, the bank said on Thursday.


Ukraine insists Russia must leave Crimea

KYIV, April 13 - Ukraine’s foreign minister said Thursday his country won’t budge from its demand that Russia withdraw its forces from Crimea, as well as from other parts of Ukraine that Moscow illegally annexed more recently, for the war to end.


Ukraine needs $14-bln in support for rapid recovery in 2023, PM says

WASHINGTON, April 13 – A total of $14 billion needed by Ukraine for a quick recovery this year, confirmed by a World Bank study, should be raised by the middle of this year, as now the country was able to provide less than half of this amount in the budget, Prime Minister Denys Shmyhal has said.


Zelenskyy asks IMF, World Bank to support rapid recovery projects

KYIV, April 13 – President Volodymyr Zelenskyy has asked the International Monetary Fund (IMF) and the World Bank Group (WBG) to approve the Support Program to cover priority projects for rapid recovery.


Lithuania to help Ukraine export agricultural products during war

KYIV, April 11 – Lithuania will help Ukraine increase the export of agricultural products, which collapsed due to the blockade of the Ukrainian seaports by the aggressor country, Russia, Minister of Agriculture of the Republic of Lithuania Kestutis Navickas and Minister of Agrarian Policy and Food of Ukraine Mykola Solsky reached the relevant agreements at a meeting in Kyiv on April 10.


Ukraine lost up to 50% of GDP due to Russian invasion

KYIV, April 13 – The economic outcome of March for Ukraine in terms of the impact of the war are still distorted due to pre-war inertia, fiscal risks will grow, and in such conditions it is important to take care of the international reserves accumulated in recent years, First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has said.


World Bank donors agree to provide $1-bln in funding to Ukraine amid war

KYIV, April 13 – Donor and recipient countries of the International Development Association (IDA), which is part of the World Bank, on April 11 approved the provision of $1 billion to Ukraine and $100 million to Moldova in connection with the Russian invasion, World Bank President David Malpass said at a conference in Warsaw Tuesday.


Russian flagship Moskva hit by missiles

KYIV, April 13 - Russia said on Thursday the flagship of its Black Sea fleet was seriously damaged and its crew evacuated following an explosion that a Ukrainian official said was the result of a missile strike, Reuters reported.


Number of Ukraine’s gasoline filling stations decline after Russian invasion

KYIV, April 12 - Since the beginning of the war, the number of fuel filling stations in Ukraine has decreased by three times, and private consumption of fuel has decreased by about the same amount, Serhiy Kuyun, the director of the A-95 consulting group, said.


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