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Thursday, December 11
Europe’s plan to fund Ukraine is being blocked by one company — Euroclear
About the author: Olena Havrylchyk is a Professor of Economics at the University Paris 1 Panthéon-Sorbonne. The proposal to use immobilized Russian assets to finance a “reparation loan” for Ukraine will again be discussed at the next European Council meeting on Dec. 18 and 19. The purpose of this loan is to advance Russia’s future reparations in order to cover Ukraine’s reconstruction and recovery needs, which are estimated at 506 billion euros (nearly $589 billion). At the previous summit, B
US sides with Russia on UN resolution on Chornobyl disaster
Washington's representative said the U.S. voted against the resolution not because it opposed nuclear safety measures, but because it objected to references to the UN's 2030 Agenda for Sustainable Development.
Ukraine, EU agree to advance technical side of accession talks as Hungary blocks formal launch
The European Commission and Kyiv have agreed on a 10-point action plan to tackle corruption and strengthen democratic institutions in Ukraine as part of its path to membership, EU Enlargement Commissioner Marta Kos announced.
Ukraine targets Moscow with mass drone attack, mayor claims, 4 airports temporarily closed
At least 31 drones have been shot down over the Russian capital, according to Moscow Mayor Sergey Sobyanin. All four airports in the region have suspended operations.
Ukraine's central bank holds rate steady despite falling inflation
The National Bank of Ukraine voted to keep its benchmark interest rate unchanged at 15.5%, amid steep uncertainty over the country's financing next year.
Russian oil rig in Caspian Sea halts production after Ukrainian drone strike, SBU source says
At least four hits were recorded on the offshore platform, according to the SBU source.
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Protesters recorded a video appeal to Russian President Vladimir Putin, saying the removal of support would leave them unable to survive financially.
