Background

Ukraine and the World – Against russia’s Aggression. Sanctions in Action

10/22/2026
singleNews

Ukraine will secure a $500 million loan from the International Bank for Reconstruction and Development to continue implementing the “Resilient, Inclusive, and Environmentally Sustainable Entrepreneurship” (RISE) project.

Finland has announced the allocation of EUR 2 million in humanitarian aid to Ukraine to address food insecurity and provide winter assistance.

In 2027, the Netherlands plans to allocate EUR 26.5 million for Ukraine’s recovery and development.

The European Union will not lift energy sanctions against russia until the war against Ukraine ends. This was stated by President of the European Commission Ursula von der Leyen. “I want to be as clear as possible. These sanctions will remain in place until russia ends the war,” she said.

The European Union’s strategy for ending the war follows the “peace through strength” approach, so the task is to strengthen Ukraine. This was stated by European Commissioner for Defense and Space Andrius Kubilius. He also believes that Ukrainian strikes deep into russia are the most effective sanctions against the russian energy sector.

The European Parliament has called for considering the possibility of deploying an EU naval operation in the Black Sea and strengthening the protection of civilian shipping and Ukraine’s export routes from russian attacks. A resolution regarding the escalation of russian strikes in the EU – particularly against shipping in the Black Sea – was supported by 432 Members of the European Parliament.

NATO will allow Ukraine to purchase weapons, ammunition, and military equipment through its centralized procurement agency, which will enable Kyiv to obtain defense resources more quickly and at a lower cost.

Denmark is providing a loan guarantee of 750 million kroner ($112.6 million) to the Danish subsidiary of the Ukrainian manufacturer of missiles and drones Fire Point.

Estonia, in cooperation with railway companies, has identified more than 60 locomotives that could be transferred to Ukraine.

The Estonian Public Broadcasting Corporation (ERR) will not broadcast the opening and closing ceremonies of the Youth Olympic Games in Dakar due to the participation of athletes from russia and belarus.

Since September, the Latvian State Revenue Service (VID) has been inspecting every shipment of grain arriving from russia and belarus, according to the agency’s Director General, Baiba Šmite-Roke. The inspections are intended to find out whether the grain is being transported from the temporarily occupied territories of Ukraine.

Prime Minister of India Narendra Modi has stated that his country will support all efforts to achieve peace in Ukraine.

In September, Indian oil refineries reduced their purchases of russian oil by 14% compared to the previous month amid intensifying competition from China and the resumption of supplies from the Middle East.

The Oslo District Court has seized five russian state-owned properties in the Norwegian capital as security for a claim in the Hague arbitration proceedings amounting to approximately $6 billion.

The Vienna Regional Court for Civil Matters has issued a final ruling on a claim by Raiffeisen Bank International (RBI) for compensation for losses related to its russian business. The Court recognized the Austrian bank’s right to receive assets from Rasperia Trading, a company previously linked to sanctioned businessman oleg deripaska. These assets include a 24% stake in the construction company Strabag SE and frozen dividends totaling EUR 3.2 billion ($3.6 billion).

The rf central bank’s monetary policy has led to an annual increase in the number of defaults in the corporate debt market. In 2024, there were 11 bond issuer defaults; in 2025 – 24; and in the partial year of 2026 – 33.

In October, at least three major russian banks raised rates on market-rate mortgages. The cost of home loans approached 19–20% per annum.

Over the course of five months, the overdue loan debt of 22 major russian infrastructure companies has more than doubled – nearly to 9 billion rubles. Banks are refusing to grant them new loans or extend bank guarantees, even if the companies have a clean credit history. As of the end of August 2026, these contractors’ total accounts payable had increased by 16%, to 495 billion rubles, while their loan debt had risen by 11.8%, to 191 billion rubles.

The federal tax service of the rf has increased taxes on the largest companies amid a growing “hole” in the budget. In the first half of the year, according to the agency’s monitoring and analytical work, tax revenues from large businesses rose 4.4-fold, or by 337% year-on-year, to 91 billion rubles.

russian tax authorities are preparing a new tax regime for small businesses and the self-employed. The idea is that as an entrepreneur’s business expands, the tax burden increases accordingly.

About 60 russian retailers of clothing, cosmetics, and household goods have begun closing shops because russians have shifted to a frugal spending mode. In the third quarter of this year, the number of retail chains winding down their operations in the market rose by 54%.

The ministry of industry and trade of the rf forecasts a 20–25% decline in “avtovaz”’s’ sales by the end of the year.

Overdue wage arrears at large and medium-sized enterprises in russia rose by 18.9% over the past month.

state duma chairman vyacheslav volodin has proposed raising taxes on palm oil, which will lead to higher prices for budget-friendly food products.

Human rights activists report mass violent detentions and coercion to sign contracts with the ministry of defense in at least 34 regions of the rf. Men are being detained on the street or taken from their homes or workplaces.

russia’s supreme court has authorized the use of vehicles stolen from “unfriendly countries”.