Kyiv is open to participating in consultations with the European Union on the transit of Russian Lukoil's oil if Brussels decides to use "an appropriate mechanism," Heorhii Tykhyi, Foreign Ministry's spokesman, said on July 30.
Earlier in July, various media sources reported that Hungary had quietly changed the rules for its National Card program to allow Russian and Belarusian citizens to enter the country in a streamlined visa-acquisition process that does away with enhanced security checks or other restrictions.
Hungary and Slovakia turned to the EU earlier this month as Ukrainian sanctions effectively halted the supplies from the Russian Lukoil company to the two Central European countries through the Druzhba pipeline.
Hungary is subtly relaxing its entry requirements for Russian and Belarusian citizens, who are now included in the National Card program which allows them to work in Hungary for up to two years.
"I do not understand why Hungary wants to remain a member of organizations that they dislike so much and that supposedly mistreat them," Polish Deputy Foreign Minister Wladyslaw Teofil Bartoszewski said.
During a meeting with Chinese Foreign Minister Wang Yi in Laos, the EU's chief diplomat Josep Borrell urged China to support the peace process in Ukraine and halt the export of dual-use goods to Russia, which bolster its military capabilities.
"There is no better symbol or use for the Kremlin's money than to make Ukraine and all of Europe a safer place to live," said European Commission President Ursula von der Leyen.
Hungary's record loan came amid a record increase in its public debt to 140 billion euros ($152 billion), 73.5% of GDP, and a budget deficit of 6.7% of GDP, while the country has no access to European Union funds due to the conflict with Brussels.
The European Commission warned Slovakia that it would take immediate legal action if the country adopted a controversial law restricting the activities of non-governmental organizations, Reuters reported on July 24.
A special unit of Russia's military intelligence agency (GRU) recruits individuals to perform sabotage operations inside Europe through Telegram and TikTok, the independent Russian anti-corruption project Dossier Center reported on July 23, 2024.
The European Union must stay committed to its policy that any discussions about ending the war in Ukraine should be led by the government in Kyiv, according to Portuguese Foreign Minister Paulo Rangel.
Editor’s note: This is issue 65 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from July 8-14, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
Responding to a question about Kyiv's plans for a second peace summit, Borrell said he is certain that President Volodymyr Zelensky's "will to continue advancing on peace talks and to have another conference with Russia's attendance is real."
The Council of the European Union for the first time approved assistance under the European Peace Facility (EPF) to support the Armenian Armed Forces with 10 million euros ($10.8 million), according to the council's July 22 statement.
"At this critical moment in history, it is imperative that we collectively take swift and robust action to strengthen the transatlantic relations through strategic communication about the E.U. in the U.S."
During an interview on state radio, Orban said that the EU needs to join China and the U.S. in light of potential Trump's return to power to press Russia and Ukraine to start peace negotiations, Bloomberg reported.
Representatives of Ukraine's state energy grid operator, Ukrenergo, and the KfW Development Bank signed an agreement worth 100 million euros (nearly $110 million) for energy projects, Ukrenergo announced on July 19.
"The European Union reiterates its call on the Russian Federation to accept its responsibility in this tragedy and to cooperate fully in serving justice."
"I'm not going to preempt what may happen in the elections later this year, other than to say that industrial strategy is a very important component of the package that we need to put together," Keir Starmer said.
First elected in 2019, von der Leyen led the EU's executive time during Russia's full-scale invasion of Ukraine, positioning herself as a staunch supporter of Kyiv.
The European Commission has approved the first regular payment of about 4.2 billion euros ($4.59 billion) under the Ukraine Facility, aiming to support Ukraine's macro-financial stability and public administration functions.
Hungarian Prime Minister Viktor Orban said that the EU should restore diplomatic relations with Russia, listing it as one of the conclusions of his supposed "peace mission," Bild reported on July 16, citing Orban's letter it had obtained.
"In light of recent developments marking the start of the Hungarian Presidency, the President (Ursula von der Leyen) has decided that the European Commission will be represented at senior civil servant level only during informal meetings of the Council," said von der Leyen's spokesperson Eric Mamer.
An "unspecified number" of governments are expected to approve the plan on July 18, during a meeting of the European Political Community hosted by British Prime Minister Keir Starmer in the U.K., according to a draft statement.
Hungarian Prime Minister Viktor Orban presented Budapest's proposal on how achieve peace in Ukraine in a letter sent to European leaders, a Hungarian government official said in an interview published on July 15.
Kaja Kallas, known for her resolute support for Ukraine against Russian aggression, is stepping down after being appointed as the EU's next chief diplomat, replacing Josep Borrell.
"If there's a formal foreign affairs council, organized by the high representative (Borrell) the same day, the ministers won't be able to go to Budapest," one diplomat told Politico.
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
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