EconomyLens.com
No Result
View All Result
Monday, July 14, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Ukraine’s Zelensky proposes new PM, defence minister in major reshuffle

Thomas Barnes by Thomas Barnes
July 14, 2025
in Economy
Reading Time: 5 mins read
A A
3
27
SHARES
334
VIEWS
Share on FacebookShare on Twitter

Ukraine's Economy Minister Yulia Svyrydenko is set to become prime minister. ©AFP

Kyiv (Ukraine) (AFP) – Ukrainian President Volodymyr Zelensky on Monday proposed a new prime minister and defence minister, part of a major cabinet reshuffle he said would “renew” government more than three years into Russia’s invasion. Economy minister Yulia Svyrydenko will become prime minister, Zelensky said, while incumbent prime minister Denys Shmygal is expected to replace defence minister Rustem Umerov. The shakeup, the biggest since the war began, comes after months of setbacks for Ukraine on the battlefield and escalating Russian aerial attacks on Ukrainian cities.

Related

China’s economy grows 5.2% on trade war truce

EU still seeks Trump trade deal — but readies retaliation

EU still seeks trade deal after new Trump tariff threat

China exports beat forecasts in June after US tariff truce

EU ministers weigh response to latest Trump tariff threat

“I have proposed that Yulia Svyrydenko lead the government of Ukraine and significantly renew its work,” Zelensky wrote on social media. “I look forward to the presentation of the new government’s action plan in the near future,” he added. In a later evening address, Zelensky announced Shmygal would become defence minister. “Denys Shmygal’s vast experience will certainly be useful in the position of Minister of Defence of Ukraine,” he added later, without providing further detail.

Svyrydenko, 39, gained prominence this year for helping broker a minerals deal with the United States that nearly derailed ties between Kyiv and its most important military ally. Shmygal, 49, had served as prime minister since 2020, steering the Ukrainian government through the COVID-19 pandemic and the start of Russia’s full-scale invasion in 2022.

Shortly after Zelensky’s announcement, Svyrydenko said Ukraine faced a “crucial time” and listed her priorities as “strengthening” Ukraine’s economy, expanding domestic support programmes, and scaling up weapons production. Ukraine’s economy has been decimated by the Russian invasion, and Kyiv is reliant on tens of billions of dollars in annual support from Western countries to stay afloat. Both cabinet appointments will require approval by parliament, which has largely coalesced around Zelensky since the invasion and is unlikely to vote against him.

“The government needs a change because people are exhausted,” said Tymofiy Mylovanov, a former economy minister who worked with Svyrydenko. Mylovanov, who now heads the Kyiv School of Economics, said the changes would likely bring “a sort of freshness” after three and a half years of war.

Zelensky said last week he was also considering naming Defence Minister Rustem Umerov as Ukraine’s ambassador to Washington. Zelensky met with Umerov over the weekend, after which he said that “Ukraine needs more positive dynamics in relations with the United States and at the same time new steps in managing the defence sector of our state.” The appointments come at a pivotal moment in the three-year conflict. Direct peace talks between Russia and Ukraine on ending the fighting have stalled, while the United States announced earlier that it would boost military support for Kyiv in a major about-turn.

© 2024 AFP

Tags: economic crisispoliticsUkraine
Share11Tweet7Share2Pin2Send
Previous Post

LVMH Italian fashion house Loro Piana put under court administration

Next Post

Markets shrug off Trump tariff threat against EU

Thomas Barnes

Thomas Barnes

Related Posts

Economy

‘Las Vegas in Laos’: the riverside city awash with crime

July 14, 2025
Economy

US conducts military exercises at Panama Canal

July 13, 2025
Economy

US senators aim to arm Trump with ‘sledgehammer’ sanctions against Russia

July 13, 2025
Economy

Trump’s dealmaker name on the line in high stakes tariff talks

July 12, 2025
Economy

Impact of US tariffs varies across European Union

July 14, 2025
Economy

Trump says Mexico, EU to face 30% tariff from Aug 1

July 13, 2025
Next Post

Markets shrug off Trump tariff threat against EU

Elon Musk's xAI inks Pentagon deal for contentious Grok chatbot

US House set to vote on landmark crypto bills this week

US pro athletes reject antitrust exemptions for college sports

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US pro athletes reject antitrust exemptions for college sports

July 14, 2025

US House set to vote on landmark crypto bills this week

July 14, 2025

Elon Musk’s xAI inks Pentagon deal for contentious Grok chatbot

July 14, 2025

Markets shrug off Trump tariff threat against EU

July 14, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.