Ukraine is set to receive $50 billion in frozen Russian assets held by the United States and the European Union, U.S. Secretary of State Antony Blinken announced on Dec. 4. Blinken confirmed during a briefing that the transfer is part of a coordinated effort between the U.S. and EU to support Ukraine. "Making sure that […]

Ukraine has signed agreements with the World Bank totaling nearly $600 million under the "Resilient, Inclusive and Sustainable Enterprise" (RISE) project, Prime Minister Denys Shmyhal announced on Nov. 4. The project is aimed at supporting small and medium-sized businesses, green initiatives, and digitalization, according to his post on Telegram. Shmyhal announced that the project will […]

DTEK, Ukraine's largest private energy company, will receive $112 million from the EU and the U.S. to restore facilities damaged in Russian attacks and prepare them for winter, the company said on Nov. 25. Russian attacks have destroyed 90% of DTEK's generation capacity during an aerial campaign in the spring and summer earlier this year, […]