Iceland allocates over $2 million to support Ukrainian energy sector

Iceland allocates over $2 million to support Ukrainian energy sector

Iceland will allocate over 2 million euros ($2.17 million) to Ukraine's Energy Support Fund, the Energy Ministry reported on March 11.This will bring Iceland’s total contributions to Ukraine’s energy sector to more than 5.6 million euros ($6.09 million) thus far.According to Ukraine's Energy Ministry, Iceland made four tranches of contributions between 2023 and 2024.The funds have been used to buy equipment for energy companies in Donetsk, Zapor…

Iceland's financial support to Ukraine for defense and other aspects this year will be much higher than it has been, 5.7 billion according to plan. Mogginn reports this today and is based on answers to a query to the Ministry of Foreign Affairs. Since the Russian army invaded Ukraine in February 2022, Iceland has spent around 11.5 billion krónur in support of the country. The majority of that money is classified as defense-related support, or 5.…

The NB8 countries will support Ukraine, with air defense, ammunition, and investment in the Ukrainian defense industry.

After a meeting with defense ministers from the Nordic Baltic 8 (Norway, Iceland, Denmark, Sweden, Finland, Estonia, Latvia, and Lithuania), Defense Minister Rustem Umerov elaborated on these nations’ intentions to provide further assistance to Ukraine. In particular, Sweden is preparing a substantial package of military assistance and investment initiatives in the defense sector. Ukraine’s air defense is expected to be strengthened, with delive…

Ukraine Air Defense: Sweden Sends Over $100 Million in Aid - USA Herald

Sweden has unveiled a new military aid package worth approximately $113 million to strengthen Ukraine’s air defense capabilities. This support comes as Ukraine faces intensified Russian missile and drone attacks. Ukraine Air Defense is Key The package includes advanced air defense systems, such as the Robot 70 and Tridon Mk2, which are designed to protect against aerial threats. The Robot 70 is a portable missile defense system, while the Tridon…