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AFP: Germany opposes pooling EU debt to rebuild Ukraine.

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German Finance Minister Christian Lindner rejected any joint EU borrowing to help cover the cost of rebuilding Ukraine after the European Commission proposed this idea on May 19. The commission came up with a vision to set up a RebuildUkraine facility of loans and grants of unspecified size, based on the EU’s recovery fund for which the bloc jointly borrowed on the market.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Seaborne crude flows averaged 3.12 million barrels a day over the four weeks to July 6, a 3% decline from the previous period ending June 29, according to tanker-tracking data compiled by Bloomberg. That's the lowest level recorded since the four-week period ending Feb. 23.

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