Ukraine: Latvian colleagues hold training for Economic Security Bureau on EU financial interests protection

The leadership of the European Union Funds Audit Department (AFCOS, OLAF Contact Point in Latvia) of the Ministry of Finance of the Republic of Latvia conducted a training for the staff of the Economic Security Bureau of Ukraine (ESBU). The topic of the training was “Institutional and legal framework for the protection of EU finances”.…

Ukraine: economy fully functioning

VAT revenues of the state budget increased by 40% compared to the first months of the full-scale war. This was stated by the Minister of Finance of Ukraine Sergii Marchenko in an interview with The Economist. “Despite systematic missile attacks by russia and blackouts, Ukraine’s economy continues to operate. Domestic consumption is growing, and international…

Ukraine: EUR 30 million from Germany to be allocated to Energy Support Fund

The Federal Government of Germany has announced a contribution of EUR 30 million within the framework of the German-Ukrainian Energy Partnership for the purchase of equipment to restore Ukraine’s energy infrastructure damaged by russian shelling. The corresponding funds will be allocated to the Ukraine Energy Support Fund, established by the Energy Community Secretariat. “pootin wants…

Ukraine: EUR 100-million loan received from France

Ukraine has received a EUR 100-million loan on concessional terms from the French Development Agency. The funds are directed to the general fund of the State Budget to finance priority expenditures, in particular social and humanitarian. “We appreciate France’s contribution to maintaining the stability of Ukraine’s financial system, as well as its willingness to support…

Ukraine: Energy Minister calls for international assistance after Russia’s drone attack on Odesa region

Russia’s recent drone attack on energy infrastructure in the Odesa region has not only left millions of Ukrainians without electricity but also destroyed important power equipment. The relevant statement was made by Ukrainian Energy Minister German Galushchenko at a meeting of the G7+ Energy Coordination Group. The Energy Coordination Group includes the representatives of the…