kyivindependent News

Ukraine war latest: China provides weapons to Russia, Zelensky says

Key developments on April 17: China provides weapons to Russia, Zelensky says Ukraine repels Russian offensive near Pokrovsk, killing 200 Russian soldiers, Zelensky says Ukrainian forces liberate 16 square kilometers near Pokrovsk in Donetsk Oblast, Syrskyi says Ukrainian drones attack Russian brigade linked to Sumy strike for second day in a row, sources say China […]

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EU provides $1 billion in aid to Ukraine backed by frozen Russian assets

The European Commission has disbursed an additional 1 billion euros ($1.1 billion) in Macro-Financial Assistance (MFA) to Ukraine, to be repaid with proceeds from frozen Russian assets, the commission announced on March 20. “With today’s payment of 1 billion euros, we are reiterating our steadfast commitment to Ukraine. We are helping the country’s economy stay […]

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EU provides Ukraine with $3 billion, first tranche of loans from bloc backed by Russian frozen assets

Ukraine has received 3 billion euros ($3 .09 billion) from the EU, the first tranche of loans from the bloc funded by proceeds of frozen Russian assets, Prime Minister Denys Shmyhal said on Jan. 10. The money has been provided through the Extraordinary Revenue Acceleration (ERA) initiative, in which G7 countries pledged to provide Ukraine […]