Interfax-Ukraine

News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.

https://en.interfax.com.ua/

More news

Ukraine needs intl financial support from national budget – Zelensky.

Ukraine, in the context of the war unleashed by Russia, needs financial support, as national budget receipts have fallen sharply, while spending, especially for humanitarian and military purposes, has grown, President Volodymyr Zelensky has said.

"We are interested in filling our budget, we have difficulties with this, because most enterprises do not operate, the private sector does not work for various reasons: somewhere there are bombings, somewhere people are just afraid, they just closed small and medium-sized businesses," he said at a press conference with foreign media representatives on Saturday.

The head of state said Russia is also seizing facilities of the Ukrainian gas transportation system and nuclear power plants, which are important donors to the national budget.

According to Zelensky, certain industries, for example, IT, or certain strategic enterprises are working and some kind of budget filling is underway, but "there is definitely a need for money."

"Europe and the United States help here, allocate money. What they go for is the work of the government," the president said.

At the same time, he found it difficult to estimate the amount needed to restore the economy. "I do not have time, and the government does not have time to calculate how much it costs and how it all ends," Zelensky said.

He said that part of the assistance provided to Ukraine, in particular military assistance, is not free. "There is separate assistance from some countries that help us for free, but there are 'weapons today, but the bill later.' Therefore, I do not know how much all this costs," the President of Ukraine said.

"It is true, there are more priority tasks than money," he said.

Answering a question about the possibility of compensating Ukraine's losses at the expense of Russia's frozen funds, Zelensky called the right measure to block these funds and again expressed regret that this was not done preventively.

"The fact that they froze the assets of the Russians is the right decision, it should have been done faster... We thought that it would have worked preventively, then there would have been no war. I am not 100% sure, but I do not see what the difficulty was in regarding the imposition of these sanctions before the war. I do not understand how bad it would have been, and I probably will never understand this," the President of Ukraine said.

He also found it difficult to estimate how much this war would cost Russia. "Since, firstly, it has not ended," Zelensky said.

Tags: #budget #support

Mykolaiv region signs cooperation memo with Japan

Mykolaiv region signs cooperation memo with Japan

Mykolaiv region has signed a Memorandum of cooperation with Japan, which provides assistance to the region and training of specialists in the field of prosthetic rehabilitation, head of the Regional Military Administration Vitaliy Kim reports.

Interfax-Ukraine 1
A 7.6 Magnitude Earthquake Strikes Southern Philippines #shorts  - VOA News

A 7.6 Magnitude Earthquake Strikes Southern Philippines #shorts - VOA News

People rush out of a shop in southern Philippines as items fall on the ground and electricity goes out after a 7.6 magnitude earthquake hit the archipelago's Mindanao island. The Philippine Seismology Agency Phivolcs said the waves could hit the P...

VOA News -

A 7.6 Magnitude Earthquake Strikes Southern Philippines - VOA News

A 7.6 Magnitude Earthquake Strikes Southern Philippines - VOA News

People rush out of a shop in southern Philippines as items fall on the ground and electricity goes out after a 7.6 magnitude earthquake hit the archipelago's Mindanao island. The Philippine Seismology Agency Phivolcs said the waves could hit the P...

VOA News -

Major oil and gas companies agree to cut down methane emissions at COP28.

Major oil and gas companies agree to cut down methane emissions at COP28.

A coalition of 50 major oil and gas companies are expected to agree to significantly cut their methane emissions by the end of the decade at the COP28 climate summit, marking a potential breakthrough in the fight against climate change. Ben Tracy ...

CBS News -

Hamas did not keep up its end on hostages: Senior Adviser to Israel’s PM.

Hamas did not keep up its end on hostages: Senior Adviser to Israel’s PM.

Senior adviser to Israeli Prime Minister Netanyahu Mark Regev joins ‘Cavuto Live’ to discuss Israel’s defense strategy as the cease-fire in the war comes to an end. #foxnews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel ...

Fox News -

Mount Etna volcano erupts, painting the sky red: Spectacular natural phenomenon.

Mount Etna volcano erupts, painting the sky red: Spectacular natural phenomenon.

SPECTACULAR moment red hot lava flowed from Italy's Mount Etna and lit up the sky on Friday night (December 1). The lava flow originated from a south-east crater of Europe's tallest and most active volcano. Perched above the Sicilian town of Catan...

The Sun 1

Should Congress set conditions on Israel aid? Hear what this representative thinks.

Should Congress set conditions on Israel aid? Hear what this representative thinks.

#CNN #News

CNN -