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EU officials considering reform to bypass Hungary’s blockade on Ukraine defense funds
A proposed reform of the European Peace Facility (EPF) would make financial contributions voluntary, aiming to bypass Hungary's veto on military aid to Ukraine, which has caused a 6.5 billion euro ($7 billion) backlog. Hungary, broadly seen as the most Kremlin-proximate EU member, has repeatedly obstructed aid for Ukraine on account that it "prolongs" and […]
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New customs reform aims to tackle Ukraine’s ‘single biggest cash cow’ of corrupt money in politics
At a time when state coffers are starving for money to fund Ukraine’s survival, illegal smuggling is costing the country billions of dollars a year in lost tax payments. Through bribery or lying, smugglers avoid an estimated $2.4 to $3 billion in customs payments each year as they smuggle everything from cigarettes and iPhones to […]
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Ukraine risks delay in receiving $4.3 billion instalment from EU's Ukraine Facility due to reform shortcomings, Foreign Ministry says
Deputy Foreign Minister Yevhen Perebyinis issued a letter to cabinet ministers on Oct. 23 warning that the European Union has notified Ukraine that the next tranche of 4 billion euros ($4.3 billion) from the EU's Ukraine Facility may be delayed until next year unless expected aspects of corruption reforms are completed by the end of […]