European Union
An international summit on support for Ukraine will be held in London with the participation of European leaders and senior NATO and EU officials. The meeting is expected to adopt an action plan to strengthen Ukraine's defense capabilities.
The Hungarian prime minister sent a letter to the head of the European Council with a proposal to hold direct talks with Russia on Ukraine. Orban believes that the EU should follow the example of the United States in achieving peace.
The Kurdistan Workers' Party has announced a ceasefire with Turkey after Abdullah Ocalan called for the laying down of arms. The PKK is ready for self-dissolution, provided that an appropriate legal framework is created and its leader is released.
India's imports of Russian oil have fallen to their lowest level since January 2023 due to US sanctions. The country is compensating for the losses by purchasing from Iraq, Saudi Arabia and other suppliers.
Ukraine and Italy have signed an agreement to contribute EUR 13 million to the Energy Support Fund for Ukraine. Established in 2022, the Fund has already received pledges from partners worth more than €1 billion.
EU High Representative Kaja Kallas said that a new leader of the free world is needed after the skirmish between Zelensky and Trump in the White House.
Ukraine and the IMF reached an agreement at the expert level on the seventh review of the EFF program. The total amount of support is $15.5 billion, of which $9.8 billion has already been disbursed.
Ukraine's healthcare system needs $19. 4 billion to rebuild over the next 10 years. Medical facilities in Donetsk, Kharkiv, Luhansk and Kherson regions suffered the greatest damage.
A detailed schedule of the meeting between the presidents of Ukraine and the United States at the White House has been released. The main purpose of the visit is to conclude an agreement on mining.
Ukraine has a signed security assurance agreement with the United States and about 30 other similar agreements with other partners. Some of the agreements are already in place, with partners providing financial assistance and weapons.
Hungarian Prime Minister Viktor Orban has said that Ukraine's accession to the EU is “unthinkable” at the moment. He believes that it would destroy the Hungarian economy, although he does not rule out changing his position in the future.
The head of the European Commission said that it was necessary to achieve a just peace with a prosperous Ukraine within the EU. The EU plans to increase defense spending and expand cooperation with partners, including India.
EU leaders will discuss the appointment of a special representative to negotiate an end to the war in Ukraine. The summit on March 6 will also consider a plan to finance the defense industry for hundreds of billions of euros.
British Prime Minister Keir Starmer met with US President Donald Trump to discuss important issues. The leaders plan to discuss the situation in Ukraine, Russia, trade, and have a joint lunch.
Donald Trump has signed a document extending US sanctions against Russia for a year over the invasion of Ukraine. The restrictive measures imposed in 2014-2022 will remain in effect until March 6, 2025.
Italian Prime Minister Giorgia Meloni is facing a dilemma over a possible EU military mission in Ukraine. She has to balance between supporting European ambitions and maintaining good relations with Trump.
The US imposes a 25% duty on goods from Canada and Mexico due to drug trafficking and illegal migration. An additional 10% duty is imposed on Chinese imports, causing financial markets to fall.
The President of Ukraine met with Michael Martin to discuss steps to end the war and security guarantees. The parties discussed cooperation in demining, EU training missions and the Food from Ukraine program.
The study identified three areas where Ukraine could strengthen the EU's strategic autonomy: critical materials, industry, and food. Ukraine's integration could double its GDP in 10 years and create 815,000 jobs.
The UK has imposed sanctions on 40 tankers of Russia's shadow fleet. Together with the EU and Canadian sanctions, more than half of the tankers transporting Russian oil are under restrictions.
The EU may not extend trade preferences for Ukraine after June 6, 2025. This could lead to annual losses of EUR 3.5-4 billion for the Ukrainian economy and a return to the old system of quotas and duties.
The President of Ukraine will visit Ireland to meet with Prime Minister Michael Martin. Zelenskyy will then travel to the United States to discuss an agreement on rare earth minerals.
Lithuanian Revolut Bank UAB started operating in Ukraine without obtaining the necessary permits from the NBU. The regulator emphasizes that the company must obtain a banking license, and Ukrainian consumer protection legislation does not apply to its customers.
The European Union is developing the largest regional security initiative since the Cold War. The plan includes hundreds of billions of euros for defense and consists of three key funding elements.
The US administration has terminated nearly 5,800 USAID grants, keeping only 500 worth $57 billion. Secretary Rubio has made a decision on each grant, but the plaintiffs are challenging the possibility of such a quick review.
According to forecasts, Ukraine's population could drop to 25 million by 2050. Currently, the country is home to about 36 million people, 5 million fewer than before the war.
European Council President Antonio Costa invites Zelenskyy to Brussels for a special meeting on European defense. The meeting will begin at 12:30 with a discussion of security guarantees for Ukraine.
European officials are developing proposals to create a special defense fund to increase military investment. They are considering a “rearmament bank” and a special targeted instrument with a budget of 500 billion euros.
Macron did not receive specific commitments from Trump regarding Ukraine's security guarantees during his visit to Washington. The US refuses to provide significant guarantees, shifting the responsibility to Europe.
CDU/CSU leader Friedrich Merz made his first foreign visit to Paris to meet with Macron. The conservative bloc won 208 seats in the Bundestag, but this is not enough to form a government.