EBRD accumulates EUR 300 million to support the energy sector of Ukraine
Source: prime minister Denys Shmyhal
The European Bank for Reconstruction and Development is going to accumulate 300 million euros to support the energy sector of Ukraine.
On June 5, a meeting between the Prime Minister of Ukraine and the President of the European Bank for Reconstruction and Development, Odile Renaud-Basso, took place in Kyiv. The parties signed a memorandum of understanding, which provides that the EBRD will accumulate 300 million euros to support the energy sector of Ukraine.
‘This support will help in the realization of our goal – to provide a stable and uninterrupted electricity supply to the entire territory of Ukraine,’ Denys Shmyhal said.
The funds will be directed to the state energy companies Ukrenergo, Ukrhydroenergo and “Ukranafta” for the restoration of generating capacities and infrastructure, as well as for the construction of new decentralized generation.
During the meeting, the parties also discussed further cooperation in the economic and financial sectors. In total, since the beginning of the full-scale Russian invasion, the EBRD has provided Ukraine with €4 billion.
BEVZA unveils a new Christmas decoration full of meaning – a tribute to generational memory expressed through five spikes of wheat, a timeless symbol of the Ukrainian nation’s resilience.
On October 6, the Administrative Cassation Court within the Supreme Court of Ukraine continued hearing case No. 990/80/25, in which the fifth President and leader of the party “European Solidarity”, Petro Poroshenko, seeks to have Presidential Decree No. 81/2025 from February 12, 2025 — enacting sanctions by the decision of the National Security and Defense Council (NSDC) — declared illegal and annulled. The plaintiff claims the document was falsified and that the sanctions are a tool of political persecution of the opposition, contrary to international norms. Government representatives deny the allegations and insist their actions were lawful. Journalists of Bukvy were present at the hearing.
Rinat Akhmetov’s Metinvest Group has completed the construction of an upgraded underground NATO Role 2 hospital in one of the hottest sectors of the frontline. This is the second stabilization point established under the Steel Front initiative in cooperation with the Medical Forces of the Armed Forces of Ukraine. The new facility, funded by Metinvest with an investment of UAH 21 million, is more secure than the first one thanks to its deeper location underground (over 6 meters) and additional fortifications.
Five armored vehicles “Kozak” have received a new mission – thanks to the support of Metinvest, they have been upgraded to full-fledged command and staff vehicles. These upgraded vehicles are now operating on the front line.
A kamikaze drone flies directly toward an armored personnel carrier. But instead of penetrating the hull, it explodes on a steel screen. The crew survives. This is the new reality for Ukrainian forces, who have received enhanced protection thanks to the Metinvest project within “Steel Front of Rinat Akhmetov”.