Economy
The G7 has announced its readiness to consider using frozen Russian assets to support Ukraine
Finance ministers emphasised that the confiscation of assets could be a tool to end the war and ensure a just peace if Moscow does not pay reparations.
Starmer said that an agreement on the use of €115 billion in Russian assets to help Ukraine could be concluded in the coming days
The British Prime Minister said that negotiations on access to €115 billion in frozen assets are entering the final stage and could become an important tool for supporting Kyiv on the battlefield or in rebuilding the country after peace.
Ukraine needs 15 billion dollars a year for the PURL programme
President Zelensky stated that approximately fifteen billion dollars per year are needed to purchase weapons under the PURL programme and called for additional funding
Farmers' protests in Greece reach Crete airport: air traffic disrupted
Farmers in Crete attempted to block the international airport due to delays in subsidy payments. The government promises money by the end of the year, but warns that “blind protests” could backfire on the farmers themselves.
The EU allocates €300 million to support Ukraine's defense industry under a new program
The first-ever European Defense Industrial Plan (EDIP) provides significant assistance for the modernization of Ukraine's defense industry and the integration of Ukrainian manufacturers into European defense supply chains.
The central office of the Economic Security Bureau has not seized any counterfeit cigarettes or alcohol in three months
In three months, the central office of the Economic Security Bureau has not seized a single unit of illegal excise goods. Experts emphasize that the state loses billions every year, and illegal sales outlets continue to operate even after searches.
The EU may grant Ukraine a “reparations loan” of up to €210 billion
According to the plan, the European Commission wants to allocate up to €210 billion to Ukraine from frozen Russian assets. Most of the funds are held by Euroclear (Belgium). Germany may take on up to €52 billion.
The Netherlands will send an additional €700 million in aid to Ukraine in 2026
The Dutch government has officially allocated an additional €700 million to Ukraine from unused defense and foreign affairs budgets — the funds will go toward military support and strengthening defense.
US Congress approves defense budget — Ukraine may receive further support
The US House of Representatives has passed a national defense bill that provides support for Ukraine. The decision is an important signal for Kyiv during the ongoing war.
France is hiding €18 billion in frozen Russian assets, calling into question reparations loan for Ukraine
France has the second-largest pool of frozen Russian assets after Belgium, but refuses to name the recipient banks. This complicates the European Commission's plans for a “reparations loan” to Ukraine.
Stefanchuk signed the law on the state budget for 2026
The Chairman of the Verkhovna Rada, Ruslan Stefanchuk, signed the law on the state budget for 2026. The document focuses on defense, social payments, and economic support.
Hungary and Slovakia will challenge the EU's decision to ban imports of Russian oil and gas
Budapest and Bratislava are preparing an appeal to the European Court of Justice to overturn the regulation banning imports of Russian energy resources. They believe that this threatens energy security and violates EU rules.
