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Prime Minister Denys Shmyhal and the first U.S. Special Representative for Economic Recovery in Ukraine Penny Pritzker had their first online meeting on Sept. 23 to discuss energy, demining, housing restoration, critical infrastructure, and the economy.
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1:31 PM
Ukraine's forces on the southern Zaporizhzhia front have breached Russian lines in Verbove, General Oleksandr Tarnavskyi, the commander of Ukraine's military fighting in Donetsk and Zaporizhzhia oblasts, said in an interview with CNN on Sept. 23.
9:20 AM
According to the report, Russia has also lost 4,655 tanks, 8,912 armored fighting vehicles, 8,716 vehicles and fuel tanks, 6,210 artillery systems, 789 multiple launch rocket systems, 530 air defense systems, 315 airplanes, 316 helicopters, 4,867 drones, and 20 warships or boats.
1:54 AM
Russian spies are using hackers to target computer systems at law enforcement agencies in Ukraine as means to identify and obtain evidence related to alleged Russian war crimes, Ukraine's cyber defense chief, Yurii Shchyhol, told Reuters on Sept. 22.

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Reuters: EBRD expects to invest over $3 billion into Ukraine over next 2 years

by Elsa Court and The Kyiv Independent news desk September 19, 2023 11:06 AM 2 min read
European Bank for Reconstruction and Development (EBRD) president Odile Renaud-Basso speaks on the first day of the Ukraine Recovery Conference on June 21, 2023 in London, England. (Photo by Henry Nicholls - WPA Pool/Getty Images)
This audio is created with AI assistance

The European Bank of Reconstruction and Development (EBRD) expects to invest €1.5 billion ($1.6 billion) into Ukraine annually for the coming two years, Reuters reported on Sept. 18.

However, the figure could increase "if reconstruction really started to accelerate," EBRD President Odile Renaud-Basso said at an event at Chatham House in London.

Renaud-Basso said that amidst the ongoing Russian invasion, support for Ukraine was critical, particularly its energy sector and infrastructure.

"If there is no heating, no electricity, the winter will be very difficult. That's why we have mainly been focusing on that," she added.

Russian attacks last winter repeatedly targeted Ukrainian energy infrastructure, leaving millions of people without heating or power.

In December, Ukraine's state grid operator said it would receive a loan of €300 million from EBRD to restore infrastructure damaged by Russian strikes.

According to Reuters, last year the EBRD also offered up to €300 million in financing to Naftogaz, Ukraine's state-owned oil and gas company, to help it buy enough gas last winter.

In August, Naftogaz said it had already accumulated 14 billion cubic meters (bcm) of gas reserves, a target the company had aimed to reach before the winter. Last year, Naftogaz hit the 14 bcm target only in October.

The EBRD is the largest institutional investor in Ukraine. In May 2023, it released a report indicating that Ukraine will need approximately $250 billion for its recovery over a five-year period.

Shmyhal: Energy infrastructure will be ready for winter within next month
Preparations for Ukraine’s energy facilities to meet the challenges of the upcoming winter are in the final stage, Prime Minister Denys Shmyhal said during a government meeting on Sept. 12.
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