EU to allocate $36 billion of financial support to Ukraine
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EU to allocate $36 billion of financial support to Ukraine

The European Union will provide 35 billion euros ($36 billion) in financial assistance to Ukraine in 2025 through the G7 ERA credit initiative and the Ukraine Facility program, European Commission's vice-president and trade commissioner announced on Jan. 22. Great to meet with @Svyrydenko_Y, Ukraine’s First Deputy PM, at #Davos2025. We discussed enlargement and steps to […]
Zelensky announces new sanctions on Russian financial sector
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Zelensky announces new sanctions on Russian financial sector

President Volodymyr Zelensky signed a decree on Jan. 13 imposing new sanctions on the Russian financial sector. Since the launch of full-scale invasion in 2022, Ukraine has been expanding its list of sanctions against individuals and enterprises that support Russia's war. The sanctions target 140 distinct entitites, Zelensky said in his evening address. Along with […]