Poland will invest 2. 4 billion zlotys in the state defense group PGZ to increase the production of 155-mm and 120-mm artillery shells fivefold. This will reduce dependence on imports and strengthen the country's defense capabilities.
The Ukrainian government has allocated over 700 million hryvnias to 35 energy projects that are critical for getting through the winter, including reconstruction in the Kharkiv, Zaporizhzhia, and Sumy regions.
EU countries have agreed to increase the European Investment Bank's annual lending limit to €100 billion and triple financing for the defense industry. The bank also plans to invest €70 billion in technological innovation and renewable energy sources.
The Ministry of Foreign Affairs organized a visit of foreign diplomats to the site of the Russian strike on a building in Kyiv. Representatives of more than 60 missions saw the consequences of Russian terror in Ukraine.
The Energy Efficiency Fund will receive 18 million euros from the EU and Germany to expand programs in the residential sector. The funds will allow to resume accepting applications and reach more families throughout Ukraine.
Ukraine's international reserves amounted to $44. 5 billion as of June 1, 2025, decreasing by 4.6% due to NBU's foreign exchange interventions and government debt payments. Despite the decrease, the volume of reserves remains sufficient.
According to Oleksiy Kuleba, the expert evaluation reduced the project's cost from UAH 8. 7 billion to UAH 6.2 billion. The new version takes into account the needs of wartime.
The European Commission is considering changes to sustainability rules to make it easier to attract private investment in the defense industry. This should stimulate arms production in Europe.
Last winter, 148 cogeneration units and 84 boiler houses with a total capacity of 268 MW were launched in Ukraine. In 2025, it is planned to install another 420 units.
Since 2022, the enemy has hit more than 63,000 small and large energy facilities. More than half of the capacities damaged last year have been restored.
The National Bank strengthened the hryvnia by 2 kopecks, setting the rate at 41. 3879 UAH/USD. The euro exchange rate is 46.91 UAH, and the zloty is 10.92 UAH.
The government of Ukraine has signed agreements with the European Investment Bank on the allocation of 300 million euros for the restoration of energy and critical infrastructure. The "transport visa-free regime" with the EU has also been extended.
The European Investment Bank is providing Ukraine with 300 million euros to rebuild energy and critical infrastructure. The funds will go to centralized heating, water supply and modernization of social services.
Deputy Ministers of Energy discussed with the EIB the challenges of the energy sector, infrastructure reconstruction and renewable energy. They considered the gas hub project and the expansion of gas storage facilities.
Ukraine and the EIB have agreed on financing of €100 million for the restoration of critical infrastructure, including water pipes and sewage systems. The total portfolio of EIB projects in Ukraine amounts to €4.3 billion.
Austrian Foreign Minister Beate Meinl-Reisinger supported the initiative to use frozen Russian assets for Ukraine. She also stated that neutrality does not protect Austria and called for active participation in EU defense initiatives.
The European Commission and the EIB signed a guarantee agreement for 2 billion euros for the reconstruction of Ukraine. The funds will be directed to energy, transport, and municipal infrastructure.
UKASKO representatives took part in meetings with European officials and financial institutions in Brussels. The delegation discussed digital transformation and the implementation of insurtech solutions in the financial sector.
The Cabinet of Ministers allocates UAH 1. 5 billion to maintain the safe condition of the Chornobyl NPP shelter after it was damaged by a Russian drone. An additional €400 million is planned to be raised from the EIB for energy-efficient reconstruction.
The Ministry of Development has launched a compensation program for destroyed housing for IDPs with a budget of UAH 15 billion. The program will help about 10,000 families to get new homes, and 50 families have already purchased housing.
Over the three years of war, the Recovery Agency has paid UAH 54. 69 billion in debts for road repairs. The largest payments were made to repay bonds and loans from the IBRD, EBRD, and EIB.
The Cabinet of Ministers approves a draft agreement with Japan on a ¥8. 8 billion grant to rebuild Ukraine's infrastructure.
The NBU has set the official hryvnia exchange rate at 41. 59 UAH/USD, up 17 kopecks from the previous one. The euro is set at 42.89 UAH/euro, and the dollar is trading at 41.59-41.62 UAH on the interbank market.
EIB President Nadia Calvino visited Ukraine for the first time and met with Volodymyr Zelenskyy. The Bank plans to allocate €2 billion for infrastructure and social projects in 2025.
The prime ministers of Ukraine and Poland discussed defense cooperation and the development of border infrastructure. Poland provided Ukraine with the 46th military aid package and will support European integration during its EU presidency.
Ukraine and the EIB have signed agreements for more than €100 million to restore energy and critical infrastructure. The EIB's total project portfolio in Ukraine amounts to €4.95 billion in 25 projects.
EU Ambassador Katarina Mathernova and EIB Group President Nadia Calvino arrived in Kyiv by train and were met by Ukrzaliznytsia CEO Oleksandr Pertsovsky.
19 EU member states have asked the European Investment Bank to increase defense funding. The countries propose to expand the list of authorized activities and issue “defense bonds.
The Cabinet of Ministers decided to receive EUR 300 million from the European Investment Bank. 200 million will be spent on hydroelectric power plants, and 100 million will be used to modernize heating systems in communities.
The European Investment Bank has provided €55 million to Ukraine under EU guarantees to rebuild social infrastructure in 12 regions. The program covers 151 sub-projects, including hospitals, schools, and water supply systems.
