Ukraine has received another 1 billion euros ($1.1 billion) in macro-financial assistance from the European Union as part of a G7 loan, Prime Minister Denys Shmyhal announced on June 13.

"This is the fifth tranche of macro-financial assistance from the EU under the ERA Extraordinary Revenue Acceleration) initiative," Shmyhal wrote on social media. "The funds will be directed toward key expenditures of the state budget."

Shmyhal thanked Ukraine's partners for their "consistent and reliable support," adding, "Together, we will make (Russia) pay for all the damage caused to Ukraine."

According to Shmyhal, Ukraine has received a total of 7 billion euros ($8 billion) from the European Union under the ERA initiative, which is funded by the windfall profits generated from immobilized Russian sovereign assets.

The ERA mechanism, launched by the G7 and backed by the EU and the United States, is a $50 billion program designed to support Ukraine through loans repaid using future income from frozen Russian assets. Since Russia's full-scale invasion in 2022, G7 countries have frozen around $300 billion in Russian sovereign assets.

Ukraine received the previous 1-billion-euro tranche on May 8 as part of the fourth installment of EU aid under ERA.

EU provides Ukraine with $1 billion tranche under G7 loan covered by Russian assets

This is the fourth such tranche from the bloc, which is secured by proceeds from frozen Russian assets.

The Kyiv IndependentKateryna Hodunova

Ylva Johansson, former European Commissioner for Home Affairs, will serve as the European Union's new special envoy for Ukrainians in the bloc, POLITICO reported on June 12.

According to anonymous officials that spoke to POLITICO, Johansson will fill the newly created post, overseeing the Commission's long-term strategy for Ukrainian refugees currently residing in the European Union.

Johansson, a former Swedish minister and European Commission official, previously visited Ukraine on several occasions, including a refugee camp on the border with Romania. She received the Ukrainian order of merit in September 2024.

As special envoy, Johansson will be responsible for EU initiatives focused on helping Ukrainian refugees transition into permanent legal statuses or return home.

As part of these initiatives, the EU will launch "unity hubs" – information centers jointly managed with the Ukrainian government. The hubs will support Ukrainian refugees to integrate with EU host countries or repatriate to Ukraine.

Germany, which has has taken in more than 1 million Ukrainian refugees since the start of the full-scale invasion, recently committed to establishing unity hubs in Berlin. The unity hubs in Berlin will provide Ukrainians with access to educational and career opportunities both in Ukraine and Germany.

The European Commission also recently extended temporary protection Ukrainian refugees who fled to the EU following Russia's invasion of Ukraine.

According to Eurostat, 4.26 million Ukrainians currently hold temporary protection status in the EU as of April 2025.

Germany to supply new Iris-T air defense systems to Ukraine, rules out Taurus missiles

Germany will deliver new IRIS-T air defense systems to Ukraine under a three-year supply plan, President Volodymyr Zelensky said during a joint press conference with German Defense Minister Boris Pistorius, who said Berlin has no plans to provide Taurus long-range missiles.

The Kyiv IndependentTim Zadorozhnyy

Most Group of Seven (G7) nations are prepared to lower the Russian oil price cap from $60 to $45 a barrel even without support from the United States, Reuters reported on June 12, citing unnamed sources familiar with the matter.

According to Reuters, the European Union and United Kingdom, backed by other European G7 countries and Canada, are ready to lead the charge in lowering the Russian oil price cap – even if U.S. President Donald Trump opts out.

The price cap, which bans Western companies from shipping, insuring, or otherwise servicing Russian oil sold above $60 per barrel, was first introduced in December 2022 as a measure to limit the Kremlin's ability to finance its war against Ukraine.

The G7 had previously attempted to lower the Russian oil price cap; however, the proposal was dropped after U.S. Treasury Secretary Scott Bessent reportedly declined to support it.

It is unclear whether the U.S. will support the decision this time around. Japan's position is also undecided.

Participating country leaders will revisit the price cap discussion at the upcoming G7 summit. Canada, which holds the G7 presidency this year, will host the summit on June 15-17 in Kananaskis County, located in the western province of Alberta.

The summit agenda will include topics such as support for Ukraine in the Russian war, global economic stability, digital transformation, and climate change.

President Volodymyr Zelensky is expected to attend the summit and seek a meeting with U.S. President Donald Trump.

EU could impose Russian oil price cap without US support, Kallas says

The European Union can impose an additional price cap on Russian oil without U.S. support, EU High Representative Kaja Kallas said at the Brussels Forum on June 11.

The Kyiv IndependentVolodymyr Ivanyshyn

The Council of the EU on June 12 approved fresh tariffs on fertilizers and remaining agricultural goods from Russia and Belarus, aiming to reduce Russian export revenues.

The measures target those goods that have not yet been subject to additional customs duties and will enter into force on July 1. The tariffs on fertilizers will increase gradually over the next three years.

The step comes as the EU readies additional sanctions against Russia as it continues to wage its all-out war against Ukraine.

"Polish Presidency motto is 'Security, Europe!' and these measures increase our economic security by reducing dependencies from Russia," said Michal Baranowski, the trade undersecretary at the Polish Economy Ministry.

"We are further reducing Russia’s export revenues and therefore its ability to finance its brutal war. This is united Europe at its best," he said in a statement.

The new tariffs will apply to goods that made up around 15% of all agricultural imports from Russia in 2023. Fertilizer tariffs will focus on certain nitrogen-based products, the Council said in a statement.

Russian fertilizers accounted for more than a quarter of all of the EU's imports in this sector in 2023, worth almost $1.5 billion.

Apart from stifling Russia's trade revenue, the step also aims to reduce the EU's dependence on Russian and Belarusian goods, protect European farmers, and diversify the supply.

The EU adopted higher tariffs on cereals, oilseeds, and some other products from Russia and Belarus in May 2024. Earlier this year, the European Commission proposed imposing similar measures on all remaining agricultural products from the two countries.

Putin’s suspected daughter found working in anti-war galleries in Paris

Nastya Rodionova, a Russian writer and artist who has been based in Paris since 2022, had only met gallery manager Luiza Rozova in passing at events before she learned who the 22-year-old’s parents were. Described by a number of people as a “very nice and well-mannered girl,” Rozova is

The Kyiv IndependentKate Tsurkan