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Stay updated with the latest money news as Germany commits billions of euros to support Ukraine's infrastructure amidst ongoing war efforts. The "Winter Support" program sees a surge in applications with 18 million Ukrainians applying, showcasing the essential need for financial assistance. Additionally, Poland moves forward with its first nuclear power plant, boasting EU-approved financial backing. Key figures like Elon Musk make headlines with a fortune over $500 billion, highlighting economic shifts globally. As financial dynamics evolve, explore how nations like Sweden and international organizations like the IMF contribute to supporting Ukraine’s defense and economic resilience during times of crisis. Track these pivotal financial decisions shaping the global economic landscape and their impacts on nations like Ukraine.
What is the "Winter Support" program in Ukraine?
The "Winter Support" program in Ukraine is an initiative aimed at providing financial assistance to citizens during the harsh winter months. This year, the program has seen a significant increase in applications, with 18 million Ukrainians seeking help compared to 14.4 million last year. This indicates a growing need for support amid ongoing economic challenges in the country.
How is Germany supporting Ukraine financially?
Germany has pledged billions of euros to support Ukraine, specifically focusing on rebuilding and modernizing the country's infrastructure. This financial commitment comes in the context of the ongoing war, demonstrating Germany's dedication to aiding Ukraine's recovery and stability efforts during this tumultuous period.
What recent financial milestone did Elon Musk achieve?
Elon Musk recently became the first individual to amass a personal fortune of over $500 billion. This milestone is primarily attributed to the tremendous growth in Tesla's stock value, in which Musk holds a significant stake. This achievement marks a significant economic event, reflecting the impact of successful entrepreneurial ventures.
What financial support is Sweden providing to Ukraine?
Sweden has allocated SEK 4.8 billion to enhance Ukraine's defense capabilities. The funds are designated to support the procurement of ammunition and air defense systems, adding to multilateral efforts aimed at bolstering Ukraine's military readiness amid ongoing regional conflicts.
What role does the IMF play in Ukraine’s economic landscape?
An International Monetary Fund (IMF) mission is set to visit Ukraine soon, exemplifying ongoing international economic collaboration. The IMF's role often includes providing financial support and guidance to nations, and this visit underscores Ukraine's strategic economic engagements to foster stability and growth amid current challenges.
TOP news money
"We exposed involvement of Poroshenko’s business partners in corrupt practice worth 350B hryvnia. President let all his dogs loose on me," - Tymoshenko. VIDEO Batkivshchyna parliamentary faction leader Yulia Tymoshenko says business partners of Ukrainian President Petro Poroshenko holding high public offices were involved in an allegedly disclosed illicit scheme to misappropriate assets of liquidated banks. 278 304 1 428
Defense Ministry increased service pay for soldiers and introduced rewards for each destroyed militants’ piece of equipment Ukrainian soldiers will start receiving increased service pay. This decision was made today at a meeting of the government. 156 658 858
"This is called 'DPR' ruble" - Terrorists have printed money for their 'republics'. VIDEO Terrorists of the so-called Novorossia have printed currency notes for their 'republics' and have presented them for the public. 143 207 770 Previously in trend: Russian aggression against Ukraine
People trying to pay with money stolen by terrorists will be detained as robbery accomplices Russian-terrorist groups, who took posession of banks on the occupied territories of the Donbas, try to pay with the stolen cash. 106 619 505
About $500,000 and valuables seized from the detained prosecutor's office officials. PHOTOS The Security Service of Ukraine together with the Prosecutor General's Office detained the first deputy chief of the Main Investigation Department of the Prosecutor General's Office and the Deputy Prosecutor of the Kyiv region. The senior officials of the Prosecutor's Office have entered into a corruption conspiracy and received a bribe in the amount of 3,150,000 hryvnia. 171 968 476 Previously in trend: Fighting corruption in Ukraine
'Diamond' prosecutor Korniiets explains origin of luxury apartment in downtown Kyiv Former deputy prosecutor of the Kyiv region Oleksandr Korniiets announced that the luxurious apartment in downtown Kyiv, belonging to his daughter, had been provided by the state. 90 103 336 Previously in trend: 'Diamond prosecutors' case
Sanctioned Russian Firms Struggle to Turn East for Bonds - Reuters Sanctioned Russian companies hoping to tap Asian bond markets for financing are struggling to find lawyers, underwriters or even bourses to help with potential deals. 55 696 297 Previously in trend: Sanctions against Russia
Old man from Poltava tried to deliver 1.7 million rubles to terrorists. PHOTOS Officers of the State Border Service in cooperation with law enforcement officers prevented an attempt of illegal movement of money through the line of the collision in the Donetsk region. 88 003 269 Previously in trend: Occupied territories - Crimea and Donbas
Cabinet will not print money to raise salaries in 2017 Only available funds will be used to increase the minimum wage. 38 952 249
SBU summoned Akhmetov company managers for questioning on financing of miners’ strikes Ukraine’s SBU has summoned managers of businesses owned by billionaire Ukrainian oligarch Rinat Akhmetov for questioning over their involvement in funding miners’ protests in Kyiv in March and April. 38 892 219
Kyiv-based court unfreezes accounts of firms linked to Yanukovych cronies Over a just a month, the Pecherskyi district court of Kyiv ruled that the freezing order be lifted as regards at least 26 accounts, which law enforcers associate with fugitive Ukrainian ex-president Viktor Yanukovych's allies. 11 697 219
Ukrainian Banks Association President: After Elections We Will Have a Wave of Inflation, and Devaluation Will Reach 30% Ukrainian Banks Association President Oleksandr Sugonyako shared his vision of hryvnia fate after elections. 25 979 169 Previously in trend: Hryvnia Decline
The Rich will not Suffer. 80% of the Population will Suffer, Kuzhel about the Hryvnia Drop Batkivschyna candidate Oleksandra Kuzhel thinks that the current situation with hryvnia is a well-organized scheme that will harm 80% of the population of Ukraine. 33 037 165 Previously in trend: Hryvnia Decline
Yatsenyuk: Each Day of the War Worth 80 Million Hryvnia. VIDEO Prime Minister Yatsenyuk has told how much each day of the war costs the Ukrainian economy. 17 643 160 Previously in trend: Russian aggression against Ukraine
Money stolen by Yanukovych can be returned only in five years, - Deputy Prosecutor General It will be possible to return funds stolen by former President Viktor Yanukovych and his associates not earlier than in five years. 14 907 149 Previously in trend: Fighting corruption in Ukraine
"Gongadze's name safeguards Myroslava and children, opens many avenues to them," - Leshchenko responded to criticism by Gongadze's widow Petro Poroshenko Block MP Serhii Leshchenko says the name of journalist Heorhii Gongadze safeguards his widow Myroslava and their children and opens a lot of avenues to them. 80 057 144
Le Pen got 9M euros from Kremlin for supporting Russia's policy in Ukraine, - media A Russian bank allocated French presidential candidate Marine Le Pen a lone worth 9 million euros in exchange for supporting Russian policy in Ukraine. 64 979 141
More than one million Russian rubles found in a car heading to ‘DPR’. PHOTO The SBU officers together with the State Fiscal Service and Border Guard Service prevented import of a large sum of money to the ‘DPR’-controlled territory of Ukraine. 21 525 134 Previously in trend: Occupied territories - Crimea and Donbas
Man tried to smuggle 850,000 hryvnia from Russia to Ukraine to support terrorists – SBU. PHOTOS In the Kharkiv region, the Security Service of Ukraine (SBU), together with border guards and customs officers, prevented smuggling of a significant sum of money to Ukraine. 9 742 112
Three robbers beat man in Kyiv, robbed him of $110,000. PHOTOS Three unknown armed persons assaulted a man in the Shevchenkivskyi district of Kyiv, robbed him of $110,000 and fled in a car. 61 295 110 Previously in trend: Police workdays
"We Haven’t Seen any Money for Three Months, but Shells do not Fall on Our Heads Anymore" - Cities Without Militants Return to Normal Life. VIDEO People return to usual peaceful life in the areas liberated from the terrorists. Barricades are taken from the streets. Infrastructure facilities and urban services resume their work. 32 153 107
Prosecutor general says funds confiscated from Yanukovych are kept on hundred accounts, vows budget will get them today Ukraine’s top prosecutor delved into the Yanukovych regime slush fund generated from the money stolen from "each Ukrainian," as put by Lutsenko. 23 047 106 Previously in trend: Party of Regions' off-the-book payments
Eight billion rubles in plaid bags and boxes: pictures of money seized from Russian colonel published. PHOTOS Russian Interior Officer Dmitriy Zakharchenko kept money in bags and boxes in a room in his house. 106 585 99
Only 1 billion hryvnias spent on "Zelenskyy’s thousand" could provide additional 7.5 million hryvnias for needs of each brigade, - military Mykytenko On 15 November, the first day of the Winter Support programme, approximately 1 million Ukrainians applied to receive 1,000 hryvnia from the state, amounting to 1 billion hryvnia from the budget. At the same time, the billion is divided among 130 combat brigades, which is 7.5 million for each. 8 959 93 Previously in trend: Winter support from government
Money posted as bail for Nasirov has legitimate origin, - SAP The State Financial Monitoring Service checked the origin of the money posted for suspended Tax Service Chief Roman Nasirov. 13 408 92 Previously in trend: Trial of Nasirov
Russia denies loan agreement with Greece Russia has not reached any agreements with Greece on a loan of up to $5.4 billion for a gas pipeline deal, Kremlin spokesman Dmitry Peskov said on Saturday, rejecting recent media claims. 10 218 83
In the Next 2 Months the Dollar Will Cost 9 Hryvnias and Will Rapidly Hike After Elections BYuT deputy Andriy Pavlovskyy says that in the next couple of months the US dollar will go up to 9 UAH thus preparing the Ukrainians to the tumbling after the elections. The politician predicts that the dollar may rise as high as 12 hryvnias. 14 499 82 Previously in trend: Hryvnia Decline
Russian recruits are going to Ukraine: "Everyone is f#cked with debts, so we are going with guys to defend our country!". VIDEO A video of a group of Russian contract recruits travelling by bus to Ukraine was posted online. 15 030 72 Previously in trend: payments to the occupiers for participation in the war
Ukrposhta introduces cash withdrawal service through POS-Terminals The Ukrposhta joint stock company has introduced a cash withdrawal service through POS-terminals. 56 508 71
Ukraine fines PornHub almost $6000 for tax evasion - Hetmantsev The State Tax Service of Ukraine has fined the company that operates PornHub for tax evasion. 7 229 69
U.S. announces $550 million in military aid to Ukraine White House spokesman John Kirby said the U.S. will announce a new $550 million military aid package to Ukraine on August 1, which will include ammunition for HIMARS and 155-mm artillery systems. 8 889 66 Previously in trend: War
Ukraine cash decreased by 10 billion hryvnia, - National Bank. Infographics Since the beginning of 2017, cash in circulation in Ukraine has decreased by 10 billion hryvnia ($384.6 million). 21 545 64
Tax police thwarted attempt to smuggle 10M rubles, $100,000 into occupied Donbas. PHOTOS Tax police special task unit "Fantom" and border guards have detained a man at a contact line checkpoint in the Donetsk region, who attempted to smuggle 10 million Russian rubles (about $144,000) and $100,000 into the terrorist-controlled territory. 48 448 63 Previously in trend: Russian aggression against Ukraine
Yanukovych siphoned off 2 billion hryvnia monthly from Dnipropetrovsk region, - Deputy Prosecutor General Yenin During his tenure, fugitive President Yanukovych organized a network of criminal rings all over the country to embezzle funds through corrupt practices. 25 567 61
Berlin is insisting on providing Ukraine with €6.6 billion, whilst Warsaw is opposed Germany is calling for the €6.6 billion from the European Peace Facility to be transferred in full to Ukraine once Hungary lifts its veto. For its part, Poland is insisting on the return of around 2 billion zlotys, equivalent to approximately 450 million euros, for weapons already supplied to... 5 900 72
Man tried to bring UAH 8 million in cash to Ukraine - State Customs Service. PHOTO A 37-year-old Ukrainian tried to bring a large amount of cash hryvnia into Ukraine, but he was stopped at the Ustyluh post (Volyn region) during customs control. 15 802 53
In poorest regions of Russian Federation, savings have increased sharply due to "coffin" payments Several of Russia’s poorest regions have shown an abnormal increase in bank accounts. Experts explain that this is due to payments for participation in the war against Ukraine. 8 547 52
Mykolaiv pupils raised money to repair armored vehicle for Ukrainian marines. VIDEO Pupils from Mykolaiv #50 school raised money to repair an armored vehicle, which has been subsequently transferred to Ukrainian marines. 9 203 51 Previously in trend: Volunteers for the Army
Legless occupier whines on camera: "Guys are left without food, I’m in tears". VIDEO A legless occupier, who calls himself a "deputy commander of the Russian army," pinned medals on himself and recorded a video appeal in which he whines about the "horrible conditions" and lack of money among his comrades with the call signs "Sedoi" and "Gimnast." 10 657 44 Previously in trend: Order in Russian army
UAH 1.8 million of Metropolitan’s "savings" found in former UOC-MP cathedral in Khmelnytskyi. VIDEO&PHOTOS Metropolitan Anthony (Fialko), former head of Khmelnytskyi Diocese of Ukrainian Orthodox Church-Moscow Patriarchate, tried to steal almost two million hryvnias from Holy Protection Cathedral. His lawyer stated that these were personal savings of former head of Khmelnytskyi Diocese of UOC (MP). 7 111 40
Over 13 million Swiss francs frozen on Liechtenstein accounts of Ukrainian judge, - State Financial Monitoring Service The State Financial Monitoring Service of Ukraine and the Financial Intelligence Unit of Liechtenstein have established five companies owned by Ukrainians, registered in Panama and Liechtenstein and with accounts in banks of Liechtenstein and Latvia. Significant amounts of money of dubious origin have been accumulated on the accounts of these companies for a long period of time. 27 788 38
Soldiers of 63rd SMB Brigade announced fundraising for ground drone equipped with machine gun. VIDEO Artillery soldiers need modern equipment to conduct combat operations. 7 595 35 Previously in trend: War
New Swiss law aims to return foreign funds stashed by erstwhile leaders, including Yanukovych, - Reuters Switzerland expects to adopt a new law by the end of the year that will speed restitution of illicit funds stashed in the Alpine country, where thousands of 'politically exposed persons' are believed to hold bank accounts. 7 355 35
Elon Musk became first person with fortune of over $500 billion American entrepreneur Elon Musk has reached a historic milestone of $500 billion in net worth. According to Censor.NET, this was made possible by the rapid growth of Tesla shares, in which Musk holds a stake. 4 438 34
British MPs say Russian 'dirty money' flowing through London damages UK A committee of British lawmakers Monday said that Russian money hidden in British assets and laundered through City of London financial institutions damages the government’s efforts to take a tough stance against Moscow’s aggressive foreign policy. 8 959 33 Previously in trend: Sanctions against Russia
SBU prevented transfer of $450,000 and 12 million rubles to "DPR" Security Service officers seized at Zaitseve checkpoint in the Artemivsk area $450,000 and 12 million Russian rubles (approx. $144,000) intended to be taken to the so-called "DPR." 9 239 29
Coins of small denomination withdrawn from circulation in Ukraine from Oct 1 Ukrainians will not be able to use coins of small denomination of 1, 2 and 5 kopiykas for cash settlements from today, October 1, due to their withdrawal from circulation. 8 815 29
Biden asks Congress to allocate $37.7 billion to support Ukraine U.S. President Joe Biden has asked Congress to allocate $37.7 billion in emergency aid to Ukraine as the already approved spending under the temporary budget is exhausted. 6 118 28
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