EBRD pledges €200 million to help Ukraine create “strategic” gas reserves
Source: Ukraine’ finance ministry
The European Bank for Reconstruction and Development has announced a substantial €200 million aid package for Ukraine’s Naftogaz. The guarantee agreement was signed on Monday by Ukraine’s finance minister, Serhiy Marchenko, and EBRD managing director for Ukraine and Moldova, Arvid Tuerkner.
The pledged money will help the Ukrainian stater-run energy company to created “strategic natural gas reserves” and shore up the nation’s energy infrastructure.
The bank earlied teamed up with Ukraine’s govement to realize 10 projects worth €2.1 billion in the public sector in Ukraine.
“The EBRD remains the largest institutional investor in Ukraine. As a result of close cooperation with the Bank, we are implementing projects in the energy sector, providing liquidity support to key public sector enterprises, rebuilding infrastructure and operating businesses in the private sector,” said Serhii Marchenko.
During the meeting, the parties also addressed a range of the issues including potential mechanisms for mitigating war-related risks, and initiatives promoting maritime war risk insurance for shipowners.
Since Feb.24 invasion , the EBRD has pledged almost €4 billion to aid Ukraine.
To commemorate the third anniversary of the full-scale invasion, “Bukvy” has compiled data on the largest donors supporting the Armed Forces of Ukraine. Among them there are charitable foundations and businesses. The list includes, in particular, foundations that provide assistance exclusively from their own resources, without fundraising (such as SCM by Rinat Akhmetov, Epicenter, etc.).
In just 1.5 months, Ukrainian specialists have created an innovative protective shell for the control modules of anti-aircraft missile systems (AMS) Patriot and Iris-T SLM. This development was another step in strengthening Ukraine’s defense capabilities, aimed at protecting key elements of the air defense system from debris damage.
Military serviceman of the International Legion for the Defense of Ukraine with the call sign “Paradox” is the crew commander of the American M113 armored personnel carrier. He is a master at using it and is constantly improving, because the legionnaire’s skills are tested every day in battle. You have to drive to the front lines, often under artillery fire and drone attacks.
Notorious supporter of the concept “in order for a cow to eat less and give more milk, it needs to be fed less and milked more” “Servant of the People” Danylo Hetmantsev, under the guise of “business requirements”, registered a draft law on the collection of VAT on all foreign purchases, regardless of their value. In other words, every Ukrainian, buying goods of any value and purpose abroad, when sending them to Ukraine, will have to pay an additional fifth part, or 20% of the cost of the goods.
Source: UJCU A Molotov cocktail was thrown at a facade of a synagogue in Mykolaiv…