BRUSSELS, Aug 24 (Reuters) – The European Commission on Monday approved a further €6.1 billion ($7.12 billion) in financial aid for Ukraine to procure new defence systems, such as air defence, missiles, ammunition and radars. The EU said this latest aid package came on top of €16 billion of previously approved procurement plans, of which…
LUXEMBOURG, April 21 (Reuters) – The European Union’s foreign policy chief Kaja Kallas said she expected “positive decisions” on the 90 billion euro ($105.94 billion) loan for Ukraine to be made on Wednesday. This month’s electoral defeat of Hungary’s Prime Minister Viktor Orban, Ukraine’s harshest EU foe, could pave the way for the loan that…
Editor’s note: Moses Becker is a special political commentator for News.Az. He holds a PhD in political science and specializes in interethnic and interreligious relations. The views expressed in this article are the author’s own and do not necessarily reflect the position of News.Az. After the collapse of the USSR and the achievement of independence,…
WASHINGTON, March 23 (Reuters) – Senior U.S. officials traveled to Kyiv this week for a meeting of the U.S.-Ukraine Reconstruction Investment Fund, with both sides hoping to move forward soon with a first investment project, U.S. and Ukrainian officials said. The fund, established as part of a minerals deal signed between the U.S. and Ukraine…
HONG KONG — More than five years ago, when New World Development asked banks in Hong Kong for a billion-dollar syndicated loan to fund the construction of a lavish shopping mall by the city’s airport, banks had to fight for a share of the deal — and they did not ask for collateral. For years, blue-chip…