Foreign partners have so far pledged to invest around $675 million in the Ukrainian defense industry to arm Kyiv's forces, Ukrainska Pravda reported on July 11, citing data from the Strategic Industries Ministry.
EU ambassadors lambasted Hungary during a meeting in Brussels over the Hungarian prime minister's so-called "peace mission" in Russia and China, undisclosed European diplomats told the media.
Brussels has frozen 30 million euros ($32 million) in defense sector funding for Georgia after halting its EU accession process in June, EU Ambassador to Georgia Pawel Herczynski said on July 9.
The EU's promises to deliver 155 mm artillery shells to Ukraine were not met due to "wishful thinking" and the fact that existing stocks may be "at least twice as modest as stated by high-ranking EU officials," RFE/RL Schemes investigative project reported on July 8.
The following is the July 4, 2024 edition of our Ukraine Business Roundup weekly newsletter. This version is condensed as the author was out of the office. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. EU accession talks begin Ukraine and
Viktor Orban's steps show that he is "playing a different game and using the vacuum while the compositions of these (EU) institutions are changing" after the European elections, said Pavel Havlicek, a research fellow at the Association for International Affairs.
Czechia no longer recognizes non-biometric Russian passports, and Russians without biometric passports will be considered to be illegally residing in Czechia, Czech media outlet Idnes reported on July 4, citing the Foreign Ministry.
Editor’s note: This is issue 62 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from June 24–June 30, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with
"The Netherlands remains committed to supporting Ukraine as much as we can, for as long as needed. We and our allies stand united in our resolve to return peace and security to Ukraine," Ruben Brekelmans wrote on X.
Hungarian Prime Minister Viktor Orban arrived in Kyiv on July 2, in what became his first visit to Ukraine since the start of Russia's full-scale invasion. The visit came two days into Hungary's rotating presidency of the Council of the European Union, also known as the Council of Ministers. The
Germany and Poland have reaffirmed their security cooperation in a joint action plan, Reuters reported on July 2.
According to the newly implemented rules, an emergency brake can be applied to imports of eggs, poultry, sugar, oats, maize, groats, and honey. The measure will be automatically triggered if import volumes reach the average yearly imports recorded between July 1, 2021, and Dec. 31, 2023.
Slovak Prime Minister Robert Fico last addressed the public in early June via a video posted on his Facebook page. Fico thanked doctors for their care and said he could return to work "in late June and early July."
The 2024 European Parliament elections nearly slipped off Ukraine's radar. At the time, Ukraine's primary focus was on preparing for the Ukraine Recovery Conference and the peace summit in Switzerland. However, the resultant compositions of the European Parliament and the European Commission will play crucial roles in the organization’s
Ursula von der Leyen has secured the nomination for a second term as President of the European Commission following an agreement between EU leaders at a Brussels summit on June 27.
Key developments on June 27: * Ukraine, EU sign security agreement in Brussels * Ukraine signs long-term security deals with Estonia, Lithuania * Russian chemical plant reportedly targeted by drone attack * Ukraine repels Russian troops from eastern Chasiv Yar neighborhood, military says * Russia has sent around 10,000 immigrants who recently received citizenship
German members of the European Parliament (MEPs) sent a letter to European Council President Charles Michel, demanding to suspend Hungary's presidency of the EU Council.
The leaders of three states sent a joint letter with their request for funding to European Commission President Ursula von der Leyen.
President Volodymyr Zelensky signed a security agreement with the European Union on June 27 during the EU leaders summit in Brussels.
The total budgetary support for Ukraine from the EU so far in 2024 has "reached nearly 8 billion euros ($8.6 billion)," Prime Minister Denys Shmyhal said, adding that there is "more to come."
"It (the agreement) will for the first time establish the commitment of all 27 member states to provide Ukraine with broad support despite any internal institutional changes," Zelensky said via his Telegram channel.
Poland, Estonia, Latvia, and Lithuania called on the European Union to build a line of defense along the bloc's border with Russia and Belarus to protect the EU from military threats and other harmful actions from Moscow.
Russian oligarch and business tycoon Dmitry Pumpyansky has successfully appealed against sanctions imposed by the European Union, according to a decision by the EU General Court published on June 26.
The following is the June 25, 2024 edition of our Ukraine Business Roundup weekly newsletter. This version is condensed as the author was out of the office. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukraine received practically no external financing
Now that voters across the European Union’s 27 member states have elected the 720 members of the next European Parliament, the focus shifts to manning the institutions that will guide the bloc’s work and set its strategic priorities over the next five years. This process will take some
Estonian Prime Minister Kaja Kallas will reportedly succeed Josep Borrell, who has held the position since 2019.
Key developments on June 25: * International Criminal Court issues arrest warrants for Russia's Shoigu, Gerasimov * Czech PM confirms Ukraine received first batch of shells under Prague-led initiative * European Court of Human Rights finds Russia guilty of violating human rights in occupied Crimea * Ukraine brings back 90 POWs from Russian captivity
"As of today, we have full confidence — Ukraine will definitely become a full member of the European Union," President Volodymyr Zelensky said in his address. "Now, the focus is on the technical work between Ukraine and the EU, adapting our system to the EU, and Europe's political will to make the European project truly complete."
"We have been preparing for the next European Council, which will take place at the end of this week in Brussels. This European Council will give a full picture of our support for Ukraine in all its forms," Belgian Foreign Minister Hadja Lahbib said at a press conference in Luxembourg on June 25.
EU leaders have reportedly nominated European Commission President Ursula von der Leyen for a second term, Politico reported on June 25, citing five EU officials.
The announcement was in response to a decision by the Council of the EU the previous day that banned access within the bloc to four key Russian state-run or controlled media outlets, Rossiyskaya Gazeta, Voice of Europe, RIA Novosti, and Izvestiya.
"We have surpassed the barrier of promise to delivery," Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna told the Financial Times (FT) ahead of the opening of the negotiations.
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