State-owned Ukreximbank will use the funds for loans to SMEs, in particular by offering sub-loans of a longer maturity than that currently available on the market.

Ukraine's Energy Ministry banned electricity imports from Russia and Belarus, saying neither country was a member of the Energy Community of South-East Europe.

Zelensky may be hoping for more explicit U.S. support, but no new format for talks to resolve the Ukrainian crisis is likely before Biden meets Putin.

The economy shrank 2 percent year-on-year in the first quarter, although officials said that April was marked by some positive trends, in particular in terms of industrial production growth.