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Ukraine to receive 7.4 million euros for subsidized loans to small business from Germany

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Minister of Finance Sergii Marchenko signed an agreement with the German KfW Development Bank to re-finance energy efficient investments of small and medium-sized enterprises on July 25. Credit funds totalling 7 million euros and 400,000 euros of grant aid will be used for the implementation of the project.

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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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While Ukraine also lacks Western-supplied weapons, soldiers and commanders say shortages of basics — cars, drones and people — make holding back Russia extremely difficult. Even as Kyiv seeks U.S. approval for Tomahawks, they say critical, rudimentary gear is the more pressing need.

Russia faces an increase in the arson and “spontaneous combustion” of electrical panels, railway relay cabinets, and other infrastructure helping Moscow wage its war against Ukraine over the past week, a source at Ukraine’s military intelligence told the Kyiv Independent.

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The episode covers Russian war crimes in Pokrovsk and continued attacks on Ukrainian cities, including missile strikes on Kyiv and Kharkiv. While Moscow continues to reject a ceasefire with Ukraine, has President Trump finally shifted his approach to Russia?

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