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469 days of Russia-Ukraine war: Russian troops suffered major losses in the war

The war between the neighbouring nations of Russia and Ukraine has taken entry into the 469th day. It is to be noted that the war between the neighbouring nations of Russia and Ukraine have been erupted on the morning of February 24, 2022.

PM Modi to address Joint Meeting of US Congress on June 22

The Prime Minister of India, Narendra Modi on Tuesday has extended that he is really honoured on accepting the invitation and looks ahead on addressing the joint meeting of the US Congress on June 22.

Ukrainian Advisor shares a video of Kherson floods

The Advisor to the Ukrainian Minister of Internal Affairs, Anton Gerashchenko, on Tuesday has shared a video of resident of Tyahynka, Kherson region, who was filming the flood in his village. The video shows how floods have made the lives of people of Kherson upset.

EU finance ministers approves proposal for €1 billion in macro-financial assistance to Ukraine

WorldRussiaEU finance ministers approves proposal for €1 billion in macro-financial assistance to Ukraine

The finance ministers of the European Union on Tuesday has approved an EU Commission proposal for €1 billion in macro-financial assistance to Ukraine, to be provided as a long-term concessional loan.

An EU budget guarantee will back the amount, and the EU budget will subsidize interest payments.


The help is part of an international effort to plug Ukraine’s budget deficit and avert a financial crisis in the war-torn nation.

Meanwhile, Czech Finance Minister Zbyněk Stanjura said, “This will give Ukraine the required funds to cover urgent needs and ensure the operation of critical infrastructure.” Prague is holding the rotating presidency of the Council of the European Union.

But a broader help package of up to €9 billion supported by European Union nation guarantees, proposed by the Commission in May & endorsed by European Union leaders, failed to gather the support of Germany. Berlin argues that loans add to Ukraine’s debt substantiality issues and advocates instead for grants. It has provided a €1 billion grant to Kyiv.

Following months of haggling, the Commission went ahead with a smaller amount to raise and disburse funds in July, after agreeing with Ukraine on conditions including “enhanced transparency and reporting on the use of funds.”

Discussions on further assistance and broader plans on financing Ukraine’s reconstruction continues, and the Commission will likely present proposals after the summer break, said a European Union diplomat.

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