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This week, the world watched in anticipation for Russia’s Victory Day parade after President Volodymyr Zelensky commented that he could not guarantee the safety of those attending. Meanwhile, the European Union moves one step forward to banning Russian gas from the European continent. It is also revealed this week that U.S. Secretary of Defense Pete Hegseth has fallen out of step with the White House.

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Swedish government pledges 522.6 million euros for Ukraine's recovery

1 min read

The Swedish government has pledged 522.6 million euros ($581 million) for Ukraine's recovery, the Economy Ministry of Ukraine announced on July 22.

The aid was announced during a meeting on July 21 between Johan Forsell, the Swedish minister for international development cooperation, and Ukraine's Economic Minister Yulia Svyrydenko.

According to the press release, the funds will be directed toward the Cooperation Strategy for Reconstruction and Reforms in Ukraine between 2023-2027.

This initiative was the main topic of Forsell and Svyrydenko's meeting, along with demining efforts, support for Ukraine's private sector, and rising tensions in the Black Sea after Russia pulled out of the grain deal.

Sweden's funds will be directed toward infrastructure reconstruction, green development, entrepreneurship, trade, demining, and media initiatives.

Svyrydenko emphasized the importance of Ukraine's private sector in the country's ongoing reconstruction efforts and welcomed the Swedish government's encouragement for large-scale companies to invest and expand their operations in Ukraine, the press release reads.

This Week in Ukraine Ep. 17 – Black Sea grain deal is dead. What can Ukraine do?
Episode #17 of our weekly video podcast “This Week in Ukraine” is dedicated to the Black Sea grain deal, how Russia weaponized it, and ultimately killed it. Host Anastasiia Lapatina is joined by the Kyiv Independent’s reporter Alexander Query. Listen to the audio version of the podcast on Apple, S…

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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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