The European Commission announced €2.3 billion in financial support to help Ukraine rebuild despite ongoing Russian attacks.
This aid includes €1.8 billion in loan guarantees and €580 million in grants provided by international and bilateral public financial institutions, EU Commission President Ursula von der Leyen made the annoucement at a conference in Rome focused on Ukraine’s recovery plans.
Meanwhile, Kyiv faced a heavy barrage of hundreds of Russian drones (400) and more than a dozen missiles (18), resulting in two fatalities during the second major airstrike in two days.
The €2.3 billion forms part of the broader Ukraine Investment Framework, which von der Leyen said could mobilize up to €10 billion in total investments for the country’s rebuilding efforts.
Additionally, the Commission announced the launch of a new equity fund dedicated to Ukraine’s reconstruction, supported by the European Investment Bank alongside France, Germany, Italy, and Poland.
Starting with an initial capital of €220 million, this fund aims to raise €500 million by 2026, providing crucial financial resources to fuel Ukraine’s recovery.
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As Russia shifts its energy exports from the West to the East, Europe — until recently a major buyer of Russian oil and gas — is seeking alternative sources of supply.
German Interior Minister Alexander Dobrindt said on Saturday (27 September) that the threat from drones was "high" and that the country would take measures to defend itself.
Moldova's election authority excluded the pro-Russian political party 'Greater Moldova' from participating in Sunday's parliamentary vote due to suspected illegal financing, officials said on Saturday.
Romania is looking to collaborate with Ukraine on developing drones through a new European Union defence funding initiative. However, it will take at least seven years before the country has a multi-layered air defence system, according to a government source.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
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Qarabağ claimed their second win in the UEFA Champions League group stage with a 2-0 victory over Copenhagen at the Tofig Bahramov Republican Stadium in Baku on Wednesday.
Contact has been lost with several vessels in the Global Sumud Flotilla, organisers said on Wednesday evening, as the ships continued their attempt to reach Gaza with humanitarian aid.
French naval personnel have boarded a Russia-linked oil tanker suspected of being used to launch drone flights that disrupted airports in Denmark last month.
The foreign minister of the Turkish Republic of Northern Cyprus (TRNC) Tahsin Ertugruloglu has strongly criticised the UN Security Council, accusing it of depriving the Turkish Cypriot people for six decades through failed negotiations on the Cyprus issue.
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