Tag: finance

EU Mobilizes EUR 1 Billion For Development Of Border Infrastructure For Grain Exports From Ukraine

The European Commission will urgently provide EUR 250 million in grants to boost the Solidarity Lanes.

Russia Trying To Provoke Inflation Rise In Europe By Withdrawing From Grain Initiative

In this way, the Russian Federation is also trying to increase social tensions in the EU and earn money by exporting its own grain.

World Bank To Finance Infrastructure ‘Survival Projects’ In Ukraine - Infrastructure Ministry

The possibility of raising USD 100 million for railway and road construction projects is being discussed.

EIB Provides EUR 500 Million For Urgent Repair Of Roads, Bridges, And Railway Infrastructure

Ukrzaliznytsia and Ukravtodor will receive financial assistance.

Ukraine’s Exports Down 47% In Second Quarter Due To War And Blockade Of Ports

Ukraine’s agricultural exports fell by 35%.

Ukraine Announces Amount Of Reparations Expected From Russia

Ukraine is seeking access to Russian funds frozen in international bank accounts, Russian companies’ foreign assets, and properties confiscated from Russian oligarchs.

Ukravtodor Is Negotiating On Additional Financing

The road agency recently reached agreement on deferment of payments on its existing Eurobonds.

EBRD Repurposes Additional EUR 98.5 Million To Support Ukrzaliznytsia’s Liquidity

Part of the EBRD loan that was intended for electrification of the Dolynska – Mykolaiv - Kolosivka railway line will be repurposed.

S&P Lowers Ukrzaliznytsia’s Credit Rating

The credit rating agency now rates Ukrzaliznytsia "CCC-."

Canada Provides USD 40 Million For Purchasing Equipment For Storing Ukrainian Grain

Grain storage solutions, loading and unloading machinery, and longer-term modular storage units will be purchased.

Fitch Ratings Downgrades Ukrzaliznytsia’s Credit Rating On Sovereign Rating Action

Fitch also revised the company's Standalone Credit Profile from 'b-' to 'ccc'.

Cost Of Insuring Merchant Ships In Parts Of Black Sea Increases 20-Fold Since Beginning Of War

Lloyd’s syndicates cover insurance risks under the relevant contracts.

European Investment Bank To Provide Ukraine EUR 1.6 Billion For Rebuilding Infrastructure

It will help Ukraine to provide support to strategic state-owned companies and ensure urgent repairs of damaged infrastructure, among other things.

Lemtrans Delivers Another Batch Of Automobiles To Ukrainian Armed Forces

All the pickups came from Europe and they were preliminarily serviced.

EBRD Repurposes EUR 50 Million Loan To Support Ukrzaliznytsia's Liquidity

The funds were repurposed from a loan originally intended for financing the Dolynska-Mykolaiv-Kolosivka railway electrification project.

Hundreds Of Billions Of Euros Will Be Needed To Rebuild Ukraine After War - EU Ambassador

Ukraine’s international partners have begun discussing how to raise these funds and how to manage them in cooperation with Ukraine.

Damage To Ukraine’s Infrastructure Due To Russian Invasion Estimated At USD 119 Billion

The total amount of losses inflicted on the country is estimated at USD 565 billion.

Infrastructure Ministry Asking EU To Adopt 2 Systemic Decisions That Will Block Russian Trade

According to Infrastructure Minister Kubrakov, the European Commission and most EU countries are ready to adopt these decisions.

Ukraine's Losses From Russian Invasion Already Exceeds USD 500 Billion

Ukraine will demand reparations after defeating Russia.

Ukrzaliznytsia Discloses Average Salaries Of Its Workers

The salaries of Ukrainian railroad workers have increased compared with last year.

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