Financial Times


Serbian Prime Minister defends sale of ammunition to the West after reports that they may go to Ukraine
Serbian Prime Minister Milos Vucevic has admitted that he sold ammunition to Western countries that can transfer it to Ukraine, but notes that this is not a Serbian contribution to one of the warring parties.

Substantive negotiations on Ukraine's accession to the EU to start in 2025 - FT
Ukraine and Moldova will start long-awaited EU accession talks on June 25, a symbolic moment in their efforts to join the bloc amid Russia's invasion of Ukraine.

In bid to become NATO secretary general, Rutte promises Orban a deal on Ukraine - FT
Dutch Prime Minister Mark Rutte has promised to give Hungarian Prime Minister Viktor Orban the right to withdraw from NATO activities aimed at supporting Ukraine if he becomes secretary general of the military alliance, in an attempt to win Budapest's support after it vetoed his appointment for months.

TDK announces significant breakthrough in solid-state battery manufacturing
The Japanese company TDK has announced a breakthrough in the production of solid-state batteries. The invention could potentially lead to a revolution in energy storage.

FT: in May, Russia overtook the US as a gas supplier to Europe
Despite efforts to cut off supplies of Russian fossil fuels, gas imports to Europe from Russia in May exceeded those from the United States.

Ukraine urges bondholders to accept markdown on more than $20bn of debt - FT
Ukraine is calling on international bondholders to agree to a debt reduction of more than $20 billion, after previous talks failed to produce a deal.

"There is only one real way": Lubinets tells how to stop deportation of children from the occupied territories of Ukraine
Russia's abduction of Ukrainian children from the occupied territories cannot be stopped by sanctions alone; the only way to stop it is to de-occupy and liberate all the temporarily occupied territories of Ukraine, said Dmytro Lubinets, the Ukrainian Parliament Commissioner for Human Rights.

NSDC Secretary speaks about Putin's "peace plan"
NSDC Secretary rejects Putin's latest statements as a sign of his unwillingness to negotiate.

“Despicable and appalling” - White House issues statement after FT investigation into Kremlin's adoption of abducted Ukrainian children
Russian authorities have deported hundreds of thousands of Ukrainian civilians, including children who have been forcibly separated from their families, and placed abducted Ukrainian children on Russian adoption websites.

Hungarian President will not join the Group of 9 summit in Riga: allies are considering excluding the country from the defense club
Hungary will not participate in the Bucharest Nine summit in Riga. The Allies are considering the possibility of excluding the country from the defense club.

More funds are needed to restore energy: Gosenergonadzor explained the increase in light tariffs
Ukraine needs significant funds to repair the energy infrastructure damaged by Russian strikes before winter sets in, so tariffs were raised to increase the budget for restoration work and repair as many facilities as possible in a timely manner.

Biden and Macron hope to support The фонду 50 billion fund. dollars for Ukraine at the G7 summit
Biden and Macron hope that the G7 countries will agree to a фонд 50 billion fund to support Ukraine in its fight against Russian aggression.

European Commission supported start of negotiations on Ukraine's accession to EU: Kyiv expects it this month
The European Commission has recommended that the EU start accession negotiations with Ukraine this month, as Ukraine has implemented all additional measures and continues its systematic efforts to join the EU amid the war on Russian aggression.

European Commission to recommend starting negotiations on Ukraine's accession to the EU in June before the Hungarian Presidency - FT
The European Commission will recommend starting EU accession talks with Ukraine in June, before Hungary takes over the bloc's presidency.

Ministry of energy on publication about possible spending a significant part of the day without electricity until winter: "it has signs of ICAO in the interests of Russia"
Ukraine's Energy Ministry denied a Financial Times article claiming that Ukrainians could spend most of the day without electricity by winter, saying it showed signs of disinformation and psychological surgery in Russia's interests.

NATO is considering retaliatory steps to attempts of sabotage by the Russian Federation
NATO is considering a three-step process of responding to Russian sabotage attempts and hybrid threats, including publicly exposing attacks, strengthening infrastructure protection, and taking direct measures such as restricting access to Russian diplomats.

China says it is ready for "mutually beneficial cooperation" with Russia on the Power of Siberia-2 gas pipeline
China is ready for mutually beneficial cooperation with Russia on the Power of Siberia-2 gas pipeline project, Chinese Foreign Ministry spokeswoman Mao Ning said.

FT: Putin at a meeting with Xi spoke about the "forces of Siberia-2", the summit on Ukraine and banks
Putin discussed with Xi Jinping the suspended operation to build the power of Siberia-2 gas pipeline due to China's demands to reduce prices and supply volumes, potential financing by Chinese banks of the Russian defense industry in the face of US sanctions, and China's refusal to participate in the summit on Ukraine in Geneva.

FT: EU may introduce new duties on goods from Russia and use the funds received to support Ukraine
The EU is considering imposing import duties on Russian goods such as food, nuclear fuel and medicines to reduce Russia's export revenues and use the funds received to support Ukraine in the ongoing war.

Ukraine and the United States may sign a security agreement ahead of the Peace Summit - Financial Times
Zelensky and Biden may sign a bilateral security agreement ahead of a peace summit in Switzerland, symbolizing Kiev's support amid tensions between the two countries.

Ukraine may delay receiving about 50% of shells under Czech initiative due to poor quality - media
Czech arms manufacturer Czechoslavak Group, the largest supplier of ammunition in Central Europe, said that due to quality problems quality problems, about 50% of the shells promised to Ukraine will not be shipped as quickly as planned, as some components require additional processing or replacement.

Orban holds up Ukraine arms funding from frozen Russian assets - FT
Hungary's Viktor Orban-led government is delaying EU legislation that would allow Ukraine to receive up to €2 billion in arms aid, dealing a blow to efforts to mobilize proceeds from frozen Russian assets.

Tougher sanctions against belarus, which are being considered by the EU, should stop the import of luxury cars to russia
The EU is preparing to tighten sanctions against belarus, which will, among other things, close a loophole that allowed russia to import Western luxury goods and goods with potential military use.

Disagreements remain in the EU regarding sanctions against Moscow's "shadow fleet", three countries against - FT
EU countries intend to reach an agreement within a few weeks on the next package of sanctions against Russia, targeting Moscow's “shadow fleet” of oil tankers, banning the re-export of Russian liquefied gas and imposing individual sanctions on more than 100 people involved in the deportation of Ukrainians and arms production.

Some EU countries support sanctions against Georgia because of the law on" foreign agents " - mass media
Several EU countries are pushing for sanctions against Georgia, including the suspension of visa-free travel, in response to Georgia's attempts to introduce a law on "foreign agents" similar to russian law, despite EU warnings and mass protests.

G7 allies are set on US plan to freeze Russian assets for Ukraine - FT
The G7 allies are set on a US plan to freeze Russian assets for Ukraine even before a potential Trump presidency, the FT reports.

Estonian Prime Minister: NATO's training of soldiers in Ukraine will not lead to war escalation
Estonian Prime Minister Kaja Kallas claims that the training of NATO soldiers in Ukraine will not automatically escalate the war with Russia and will not trigger Article 5 of the NATO Mutual Defense Treaty.

russian court seizes over €700 million in assets of three western banks
A court in st. petersburg has seized assets worth more than €700 million from UniCredit, Deutsche Bank and Commerzbank over a dispute with a Gazprom subsidiary over a contract with German company Linde.

European banks have tripled profits in Russia since the start of the war - Bloomberg
European banks have tripled their profits in Russia since the start of the full-scale war, despite pressure to leave the country due to sanctions and the risk of heavy fines.

EU to freeze Georgia's membership bid if 'foreign agents' law passed - FT
Georgia's application for EU membership will be frozen if the controversial Russian-inspired law on "foreign agents" is passed.