European Investment Bank allocates 400 million euro to Ukraine for small business development
The European Investment Bank provided Ukraine with a loan of 400 million euros for the development of small and medium-sized businesses. This was announced on Thursday, October 5 by the press service of the Ministry of Finance of Ukraine.
The loan comes in the form of agreements signed by Megabank and Ukrgasbank whereby loan funds will be used to finance investments and small business needs in working capital. Lending is designed for five years with the possibility of further extending the …
Muzhenko: Ukraine could lose 12,000 soldiers in 10 days in Donbas power struggle
Chief of General Staff of Ukraine Viktor Muzhenko pointed out that the Armed Forces are ready for a forceful resolution of the Donbas issue, if the matter is considered in terms of weaponry and control systems. According to preliminary estimates, ten days of an operation using aircraft could result in the loss of 10-12,000 soldiers, 3,000 of whom will be killed. He explained this to reporters on Thursday, Ukrayinska Pravda reports.
However, Muzhenko doubts that the Ukrainian society is ready …
Russian performers touring Ukraine will have to inform SBU about their visit 30 days in advance
The Verkhovna Rada of Ukraine has required concert organizers to inform the Security Service of Ukraine (SBU) about the events featuring Russian artists at least 30 days in advance. 232 deputies voted in favor of Bill 6682 which only required 226 to pass.
If a Russian artist is scheduled to perform at the event, the organizer must request information from the Security Service at least 30 days in advance to determine whether there are legal grounds preventing the artist from participating in …
President of Bulgaria: Sanctions against Russia should be abolished
At a meeting with Polish President Andrzej Duda, Bulgarian President Rumen Radev said that he wants European sanctions against Russia to be abolished, Nova TV reported.
According to Radev, it is necessary to seek diplomatic solutions for Russian issue, so as not to harm business. "In the economic sense, these sanctions are very painful," he said.
According to the Bulgarian president, sanctions cannot last forever, and business should not suffer from this.
"Therefore, they must be eliminated," …
US expressed concern over Saudi Arabia’s plan to buy S-400 systems from Russia
Washington is "concerned" about the interest of "a number of American allies" in buying the Russian S-400 anti-aircraft missile system, as stated by Pentagon spokesman Michelle Baldanza in her commentary to TASS.
"We are concerned about the purchase of S-400 system," she said, adding that the United States has “repeatedly stressed the importance of maintaining operational compatibility with the weapon systems of the US and other countries in the region in the implementation of major military …