Economy
France and the UK will hold a summit on reopening the Strait of Hormuz without US participation
The leaders of France and the United Kingdom are organising an international meeting to discuss the resumption of shipping through the Strait of Hormuz. Dozens of countries will take part in the summit, though the United States will not be attending.
The assets of the ‘Kyiv Radio Plant’ were sold illegally for less than a twentieth of their market value
The Public Prosecutor’s Office has charged the liquidator of the company, whose actions resulted in the state losing nearly 60 million hryvnias.
The EU is preparing up to €2.7 billion for Ukraine following progress on reforms
The European Union may soon allocate a further €2.5 to €2.7 billion to Ukraine under the Ukraine Facility. Marta Kos, the European Commissioner for Enlargement, linked this to decisions taken by the Verkhovna Rada, which last week backed a number of bills necessary for the continuation of reforms and the receipt of funding.
The Netherlands is investing €482 million in Ukraine’s defence as part of a partnership agreement
The Netherlands is investing €482 million in Ukraine’s defence industry as part of a new partnership agreement signed on 16 April. This was announced by Dutch Prime Minister Rob Jetten during a joint press conference with President Volodymyr Zelenskyy in Middelburg
Eximbank USA is to provide $300 million in financing for equipment for Naftogaz
Prime Minister Yulia Svyrydenko has announced that Eximbank USA is launching a $300 million financing scheme for the purchase of American energy equipment for Naftogaz. According to her, this should help restore gas production facilities destroyed by Russian attacks
Ukrzaliznytsia and Oschadbank have launched a preferential mortgage scheme for railway workers with IDP status
Ukrzaliznytsia, in partnership with Oschadbank, has launched a unique mortgage scheme for employees in the sector. The employer will cover up to 20% of the initial deposit and a third of the monthly repayments for a period of three years.
Фінмоніторинг PEP: НБУ офіційно звернувся до банків
Національний банк України рекомендував банкам не підходити формально до обслуговування політично значущих осіб, їхніх родичів і пов’язаних осіб - PEP. Регулятор наголосив, що банки не повинні автоматично відносити всіх таких клієнтів до категорії високого ризику і безпідставно обмежувати їм доступ до фінансових послуг.
Russia is concealing catastrophic economic losses caused by sanctions – intelligence reports
According to SAB, between 2022 and 2025 alone, Russia was forced to spend an additional $130 billion – around $32.5 billion annually – on circumventing sanctions and purchasing banned Western goods, which it had previously bought at significantly lower prices.
The person currently heading the ESBU should also be a professional, the MP explained why Tsivinsky is ineffective
Danylo Getmantsev, Chair of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, stated that the head of the Economic Security Bureau, Oleksandr Tsyvinskyi, should be not only politically independent, but also professional and results-oriented. However, the parliamentary committee currently sees no signs of improvement within the Economic Security Bureau.
Iran has offered to allow ships to pass through the Omani section of the Strait of Hormuz without being attacked
As part of its negotiations with the US, Iran is considering allowing ships to pass freely through the Omani section of the Strait of Hormuz. The implementation of this proposal depends on reaching agreements to prevent further conflict.
Europe risks losing its chemical industry due to the energy crisis – Bloomberg
Rising energy prices and supply disruptions are threatening the production of basic chemicals in Europe.
The US will not extend export licences for Russian and Iranian oil
The United States has stated that it does not intend to extend the temporary licences that allowed for specific shipments of Russian and Iranian oil. This position was announced by the White House.
