Russian war funding Archives - Euromaidan Press

2 minute read

Latest news Ukraine

Russia’s secret $ 250B war fund threatens economic collapse, ex-Bank of America vice chairman says

The Kremlin forced Russian banks to provide $210-250 billion in preferential loans to defense contractors, matching its official military budget.

byYevheniia Martyniuk

3 minute read

Latest news Ukraine

US, UK block Russia’s oil giants in largest-ever energy sanctions package, target shadow fleet

US Department of the Treasury and United Kingdom jointly targeted Russian Gazprom Neft and Surgutneftegas, marking the most comprehensive action yet against Russia's ability to profit from energy exports that fund its aggression in Ukraine.

byVira Kravchuk

2 minute read

Latest news Ukraine

Hungary threatens to veto Ukraine’s EU bid amid Russian gas transit ban dispute

This came in response to Ukraine's Foreign Ministry stating that only two EU members, meaning Hungary and Slovakia, failed to secure alternative energy sources while others successfully adapted.

byVira Kravchuk

2 minute read

Latest news Ukraine

Ukraine’s gas transit ban marks “expensive defeat” for Moscow, Kirby says

American liquefied natural gas has captured 50% of Europe's import market as Ukraine's decision to stop Russian gas transit strips Moscow of $6.5 billion in annual revenue.

byVira Kravchuk

2 minute read

Latest news Ukraine

EU confirms alternative energy supplies as Ukraine ends Russian gas transit

The European Commission has spent over a year strengthening its gas infrastructure network and securing alternative gas routes to ensure continuous supply to Central and Eastern European member states as Ukraine ended its transit agreement with Russia on 1 January 2025.

byVira Kravchuk