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  • Ukraine's parliament passes state asset agency reform crucial for EU funding
    Ukraine's parliament passed a reform of the Asset Recovery and Management Agency (ARMA) on June 18, a key step toward European integration and a condition listed in the EU's Ukraine Facility plan.The legislation passed with the support of 253 lawmakers "after months of obstructions... unblocking 600 million euros ($690 million) in EU funds," lawmaker Yaroslav Zhelezniak said.The ARMA is Ukraine's national agency tasked with locating, recovering, and managing assets seized in criminal proceedings
     

Ukraine's parliament passes state asset agency reform crucial for EU funding

18 juin 2025 à 05:39
Ukraine's parliament passes state asset agency reform crucial for EU funding

Ukraine's parliament passed a reform of the Asset Recovery and Management Agency (ARMA) on June 18, a key step toward European integration and a condition listed in the EU's Ukraine Facility plan.

The legislation passed with the support of 253 lawmakers "after months of obstructions... unblocking 600 million euros ($690 million) in EU funds," lawmaker Yaroslav Zhelezniak said.

The ARMA is Ukraine's national agency tasked with locating, recovering, and managing assets seized in criminal proceedings, namely during corruption cases.

Proposed reforms include stricter integrity and qualification standards for leadership candidates and merit-based hiring through open competitions involving civil society. They also call for independent external audits, clear deadlines for appointing asset managers, and the use of certified professionals held legally accountable for mismanagement.

The Ukraine Facility, an EU program providing Ukraine with 50 billion euros ($58 billion) in multi-year financial support contingent on reforms, set the end of March as the deadline for the ARMA's reform.

Anti-corruption experts, lawmakers, and Transparency International in Ukraine have backed the reforms, but discussions have dragged on for months since several versions of the bill were introduced in December 2024 and January.

The ARMA has long criticized the proposed legislation, arguing it had already carried out substantial and "transformative" reforms since 2023.

Transparency International reacted by saying that the ARMA's "public communication suggests that the agency’s primary concern is not the introduction of meaningful reforms, but ensuring that its current leadership can continue operating as it has."

Ukraine has embarked on extensive reforms as part of its efforts to join the EU and other Western structures, though Russia's full-scale invasion has presented fresh challenges to this effort.

Ukraine’s parliament passes bill on multiple citizenship
Ukraine’s parliament on June 18 supported a bill allowing Ukrainian citizens to hold passports of foreign countries, lawmaker Yaroslav Zhelezniak said.
Ukraine's parliament passes state asset agency reform crucial for EU fundingThe Kyiv IndependentMartin Fornusek
Ukraine's parliament passes state asset agency reform crucial for EU funding

Putin 'cannot be trusted' as mediator, Kallas says, urges EU to tighten Russian oil cap after deadly Kyiv strike

18 juin 2025 à 02:24
Putin 'cannot be trusted' as mediator, Kallas says, urges EU to tighten Russian oil cap after deadly Kyiv strike

Russian President Vladimir Putin "cannot be trusted" to mediate peace in the Middle East while continuing to launch brutal attacks against civilians, EU High Representative Kaja Kallas said on June 17, following a mass Russian strike on Kyiv that killed at least 21 people and injured over 130.

"Clearly, President Putin is not somebody who can talk about peace while we see actions like this,” Kallas said during a briefing in Brussels. "He's not a mediator that can really be considered. Russia cannot be a mediator if they don't really believe in peace."

Russia has sought to position itself as a potential mediator in the escalating conflict between Israel and Iran. Kremlin spokesperson Dmitry Peskov said on June 17 that Israel appeared unwilling to accept Russia’s offer of mediation.

President Donald Trump said on June 15 that Putin had expressed willingness to help mediate between Tel Aviv and Tehran — an idea already dismissed by France. EU leaders have also questioned Moscow’s neutrality given its deep military ties with Iran, which has supplied Russia with drones and missiles used in attacks on Ukraine.

Kallas also pointed to Iran's role in enabling Russia's attacks. "Iran has helped Russia do these attacks… their cooperation is working in this regard," she said.

Kallas urged the European Union to press forward with lowering the oil price cap on Russian oil, even without U.S. support, warning that Middle East tensions could otherwise drive prices up and boost Russia's revenues.

"The whole idea of the oil price cap is to lower the prices," Kallas said. "We shouldn't end up in a situation where the crisis in the Middle East increases oil prices and makes Russia earn more… that would mean they can fund their war machine on a bigger scale."

Her warning comes after global oil prices soared on June 13, following an Israeli strike on Iran that raised fears of a broader regional conflict. Brent and Nymex crude prices surged more than 10% before stabilizing around 7.5% higher, with Brent at $74.50 a barrel and Nymex at $73.20, the BBC reported.

The spike threatens to undermine Western efforts to restrict Russia’s wartime revenues, which heavily depend on oil exports.

Earlier, Kallas said the EU can act independently to lower the oil price ceiling, noting that most Russian crude flows through European-controlled waters.

"Even if the Americans are not on board, we can still do it and have an impact," she said.

Her remarks come as the EU works on its 18th sanctions package targeting Russia's energy, banking, and defense sectors. The 17th package entered into force on May 20. European Commission President Ursula von der Leyen has said new measures will further target Russia's war-sustaining supply chains.

Kallas spoke hours after one of Russia's deadliest attacks on Kyiv since the start of its full-scale invasion. The nearly nine-hour assault saw Moscow fire 472 aerial weapons, including over 280 Shahed drones and multiple cruise and ballistic missiles.

Ukraine's Air Force reported intercepting 428 targets, but several missiles hit residential buildings, including a nine-story apartment block in Solomianskyi district, where 16 people were killed.

President Volodymyr Zelensky called the assault "one of the most horrifying attacks on Kyiv" and again called on Western leaders to act decisively.

After 3 years of full-scale war in Ukraine, Europe finally lays out road map to detox from Russian oil and gas
After three years of limited measures and political hangovers, the European Union has laid out a legal roadmap to finally end its long-standing addiction to Russian oil and gas. Under a new legislative proposal announced in Strasbourg on June 17, Brussels aims to cut off all remaining imports of Russian
Putin 'cannot be trusted' as mediator, Kallas says, urges EU to tighten Russian oil cap after deadly Kyiv strikeThe Kyiv IndependentAlex Cadier
Putin 'cannot be trusted' as mediator, Kallas says, urges EU to tighten Russian oil cap after deadly Kyiv strike
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