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EBRD to lend 300 million euros to Ukraine’s Naftogaz.

by The Kyiv Independent news desk June 15, 2022 12:42 AM 1 min read
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The money will be used to offset the drop in oil and gas firm Naftogaz Ukrainy's natural gas production as a result of the Russian invasion, the European Bank for Reconstruction and Development said. According to the bank’s Vice President Alain Pilloux, the replenishing of Ukrainian gas stocks should start now to avoid "serious consequences in the autumn," when the heating season begins.

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4:12 PM

Zelensky signs bill on customs reform into law.

The legislation, approved by the parliament last month, was pushed through after prolonged pressure from Western partners and Ukrainian business associations. The reform is also a necessary step toward Kyiv's accession to the EU.
2:54 PM

NATO armies built on Korean War-era military principles, Zaluzhnyi says.

"There will be no war of the 1953 model. I am talking about Korean War. It ended in summer 2023 in Ukraine, when two professional armies of more than a million personnel each faced each other in the battlefield," said Valerii Zaluzhnyi, Ukraine's former commander-in-chief and current ambassador to the U.K.
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