In a statement German Finance Minister Christian Lindner said, it was impossible to say how much it would cost to rebuild Ukraine. “The Ukrainian side doesn’t talk a lot about reconstruction. The priority is stopping the war, the priority is… Read More ›
Ukrainian
Britain reduces tariffs on Ukrainian exports to Britain to zero
In a statement the British government said, all tariffs on goods exported by Ukraine to Britain under an existing free trade agreement will be removed to help the Ukrainian economy. “All tariffs would be reduced to zero and all quotas… Read More ›
Germany to provide further $40.12M in reconstruction to Ukraine
According to sources from Germany’s development ministry, Berlin will provide a further $40.12 million (37 million euros) to Ukraine for reconstruction after the war. While around 22.5 million euros would go towards reconstructing Ukraine’s power grid while an additional 14.4… Read More ›
Ukraine completes questionnaire for EU membership
In a significant development, in a statement Ihor Zhovkva, the deputy head of President Volodymyr Zelenskiy’s office, said Ukraine has completed a questionnaire which will form a starting point for the European Union to decide on its membership. The questionnaire… Read More ›
Belarus bans entry of EU registered trucks
In a significant development, Belarus announced a ban on EU registered trucks from entering its territory, said a report from Interfax quoting the transport ministry.
Grains rotting away on blockaded Ukrainian ships: Ukrainian Farm Minister
In a statement Ukrainian Farm Minister said, nearly 1.25 million tonnes of oilseeds and grains, loaded on commercial vessels are rotting away in Ukrainian seaports with Russia enforcing a blockade. Before the war, Ukraine used to export the bulk of… Read More ›
Japan and Canada provides Ukraine financial assistance
In a statement Ukrainian Prime Minister Denys Shmygal said, Ukraine has agreed to the Japanese & Canadian proposal and will receive 13 billion yen in financial support from the Japanese government and 500 million Canadian dollars from Ottawa. “These are… Read More ›
France will provide housing family benefits to Ukrainian refugees
In a statement French Interior Minister Gérald Darmanin said, Paris will provide housing and family benefits to Ukrainian refugees once the emergency lodging phase is over. France will provide displaced Ukrainian refugees the right to access aid for personal housing… Read More ›
Germany’s economic growth could fall to 1.4% in 2022: Labor Minister
In an interview with Bild am Sonntag, Germany’s Labour Minister Hubertus Heil said, Germany’s economic growth could fall to 1.4%-1.5% in 2022, down from 2.7% from the previous year. “We will still be growing,” said Heil. “But this all subject… Read More ›
Sanctions need to safeguard EU’s economic interest
With Western countries rolling out new sanctions against Russia midst the roll out of horrifying images of war crimes in the Ukrainian city of Bucha, it has become clear that their easiest sanction options have now been exhausted; there are… Read More ›