Reconstruction of Ukraine newsletter - June 2025

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June brought some critical developments for Ukraine on both the military and diplomatic directions. The country intensified its military operations launching a series of successful strikes, most notably the high-impact Operation Spiderweb. On the international stage, another major symbolic step was taken with the signing of an agreement to establish a Special Tribunal for the Crime of Aggression against Ukraine.

Yet even as Ukraine advances strategically and diplomatically, the toll of the ongoing war remains severe. The country continues to face relentless attacks across its territory, causing significant destruction and loss of life. Despite persistent diplomatic efforts toward peace, the escalation of assaults in June underscored Ukraine’s urgent need for international support.

Against this backdrop, we will take a closer look at the state of Ukraine’s economy as of June 2025 and examine the progress made in humanitarian demining since the start of the full-scale war.

Also in this edition:

new EU-Ukraine trade terms and financing initiatives for European companies operating in Ukraine, developed by the EU and its member states;
Italy’s contribution to Ukraine’s demining efforts;
the latest IMF review of the Extended Fund Facility (EFF), unlocking new opportunities for financial support.

From the private sector:

Grammarly’s USD 1 billion funding round and strategic expansion plans;
the joint initiative by DTEK and Octopus Energy Group to enhance Ukraine’s energy resilience.

You can view or download the newsletter below.