Sweden has allocated a winter support package to Ukraine worth over 100 million euros, aimed at energy supply, infrastructure repair, reforms, and healthcare. The total aid amounts to 1.112 billion Swedish kronor.
The Verkhovna Rada of Ukraine is likely to consider the draft State Budget for 2026 on December 3. Negotiations on amendments to it are currently underway.
Bulgarian police detained 71 people after overnight clashes amid the largest anti-government protests in a decade. The government is withdrawing the budget bill after escalating tensions.
Starting January 1, 2026, Ukraine will launch its annual declaration campaign for public servants for 2025. The NACP recommends checking your QES, using Google Chrome, and finding out the subsistence minimum for 2025.
The Ministry of Education and Science has submitted a resolution on co-financing joint scientific projects of higher education institutions, scientific institutions, and businesses for public discussion. The state will cover 40% to 60% of the costs, depending on the size of the enterprise.
The European defense sector grew by 13. 8% in 2024, reaching a turnover of €183.4 billion. This growth is a result of increased defense budgets following Russia's full-scale invasion of Ukraine.
A group of deputies blocked the rostrum during the plenary session of the Verkhovna Rada. Parliament Speaker Ruslan Stefanchuk was forced to announce a break.
In November, businesses cautiously assessed their performance due to intense shelling of critical infrastructure and power outages. The Business Activity Expectations Index was 49.4, lower than in October but higher than in November last year.
European governments accuse Belgium of excessive demands for protection in case the Kremlin sues over the use of 140 billion euros in frozen Russian assets. This could derail negotiations on the EU's plan to provide these assets to Ukraine before the December summit.
The draft extended financing program between Ukraine and the IMF provides for a package of changes to strengthen public finances and enhance anti-corruption policy. These innovations will affect tax policy, customs rules, the energy sector, and the state's interaction with business.
The evening meeting of the "Servant of the People" faction ended without results. MP Zheleznyak reports that the "servants" will likely meet again tomorrow to discuss the 2026 budget.
A month before the end of 2025, Russia recorded a significant failure of tax revenues, which deepens the financial crisis. Oil and gas revenues, VAT, and excise taxes have significantly decreased, and the budget deficit has reached record levels.
Ukraine aims to receive additional funding from Europe totaling approximately 1 billion euros or 1. 2 billion dollars by the end of the year. The funds are needed to ensure the uninterrupted acquisition of equipment through the PURL program, which finances the purchase of American weapons.
A new state support program for veteran IDPs is being launched in Ukraine, allowing them to receive a housing voucher for UAH 2 million through "Diia". The funds can be used to purchase housing, invest in a new building, or arrange a mortgage; applications can be submitted starting December 1.
The director of a private enterprise in Kyiv Oblast has been charged with embezzling UAH 1. 7 million. He supplied substandard uniforms for a volunteer formation, using improper materials and violating technology.
The European Commission is developing a list of satellite services for EU military needs, which will be integrated into a new satellite constellation. The project envisages investments in satellites to provide high-quality Earth images at 30-minute intervals.
Russian dictator Putin plans to spend about 40% of budget funds on defense and the security bloc, which is a record since the USSR. This indicates the Kremlin's intention to continue the war, despite the budget deficit and cuts in social programs.
European Council President António Costa will host an informal meeting of EU leaders on February 12 at Alden Biesen Castle, Belgium, to discuss Europe's competitiveness. The meeting will follow discussions on the European Commission's proposal for a pan-European industrial revival.
The European Commission is consulting with member states on a "reparations loan," but Belgium is resisting. EU leaders must find a solution before the December 18-19 summit, as all options have weaknesses.
Two employees of a Kyiv communal healthcare institution are suspected of embezzling over UAH 1. 6 million in state funds. They entered false data about provided mobile palliative care.
The "Servant of the People" faction will hold a meeting today at 7:00 PM with Prime Minister Yulia Svyrydenko and government officials. The main topic is the adoption of the State Budget for 2026, as reported by MP Yaroslav Zhelezniak.
Ukraine and Norway have signed a document on joint production of Ukrainian drones, which will allow scaling up the capabilities of the Ukrainian defense industry. The pilot production line is planned to be deployed in 2026.
President Volodymyr Zelenskyy announced the need to change basic documents on Ukraine's defense, including the country's defense plan. He agreed with Defense Minister Denys Shmyhal on preparing detailed proposals for government approval.
Dictator Putin signed the law on the Russian Federation's federal budget for 2026–2028, which envisages a deficit and a significant increase in funding for the military and security sectors. Spending on the army and security will exceed social expenditures.
Germany has approved the federal budget for 2026 with expenditures of 524. 5 billion euros, which is 21.5 billion more than in 2025. Aid to Ukraine will amount to 11.5 billion euros, which is Berlin's largest support since 2022.
Norway plans to maintain the current level of aid to Ukraine in 2026, allocating 85 billion kroner ($8. 4 billion). This is due to the low probability of a quick peace and broad support in parliament.
President Volodymyr Zelenskyy expects the Verkhovna Rada to adopt the State Budget for 2026. He also expects the presentation of candidates for the positions of Ministers of Energy and Justice.
President Volodymyr Zelenskyy emphasized the need to assess current ministers regarding their compliance with the challenges of the war and the upcoming winter. He also expects candidates for the ministers of energy and justice.
An Italian court has ruled that plans to build a bridge between mainland Italy and Sicily violate environmental regulations and EU tender rules. The country's government is not abandoning the project, which is set to become the longest in the world and contribute to the region's economic development.
The Russian economy is entering its final phase in 2025 with a rapid deterioration of corporate performance, an increase in non-payments by state structures, and a deepening crisis in entire sectors. The accumulated net financial result of organizations in January–September fell by 7.7% year-on-year, and the total losses of Russian organizations over nine months increased by almost a quarter year-on-year, reaching 6.52 trillion rubles.
