The Verkhovna Rada, upon the recommendation of newly appointed Prime Minister Serhiy Koretsky, approved the new composition of the Cabinet of Ministers of Ukraine.
During Thursday’s parliamentary session, 264 members of parliament voted in favor of this decision.
The votes in support of the new Cabinet were distributed as follows: the “Servant of the People” faction – 193, “European Solidarity” – 0, “Batkivshchyna” – 1, “Holos” – 2, the ‘Dovira’ deputy group – 17, “For the Future” – 14, “Platform for Life and Peace” – 16, “Reconstruction of Ukraine”—14, and non-affiliated deputies—7.
At Thursday’s plenary session, which was held as a package vote (with the exception of the Minister of Defense and the Minister of Foreign Affairs, whose nominations are submitted by the president), 264 members of parliament voted in favor of the resignation of the previous Cabinet and the appointment of the new government.
Specifically, the following were reappointed to the new Cabinet: First Deputy Prime Minister and Minister of Energy Denys Shmyhal; Deputy Prime Minister for Humanitarian Policy and Minister of Culture of Ukraine Tetyana Berezhna; Minister of Finance Serhiy Marchenko; Minister of Health Viktor Lyashko, Minister of Youth and Sports Matvey Bidny, and Minister of
Social Policy, Family, and Unity Denis Ulyutin.
At the same time, Vsevolod Chentsov, who previously served as Ukraine’s representative to the European Union, was appointed Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine.
Andriy Butenko, head of the National Agency for Quality Assurance in Higher Education (NAOKVO), has been appointed Minister of Education and Science.
Vitaliy Kim, head of the Mykolaiv Regional Military Administration, has become the new Minister for Veterans’ Affairs.
Additionally, Oleksandr Kravchenko, head of the Ukrainian office of McKinsey & Company, has been appointed to lead the restructured Ministry of Economy and Environment, while Taras Vysotsky, the current Deputy Minister of Economy, has been appointed to lead the Ministry of Agrarian Policy and Food.
Thus, the Ministry of Economy, Environment, and Agriculture will be divided into two separate agencies.
Meanwhile, the Ministry of Communities, Territories, and Internally Displaced Persons is now headed by MP Vitaliy Bezgin (Servant of the People faction), and the Ministry of Recovery, Infrastructure, and Transport is headed by Mykola Kalashnyk, head of the Kyiv Regional State Administration.
Consequently, the position of Deputy Prime Minister for the Reconstruction of Ukraine—Minister of Community and Territorial Development—no longer exists in the government and has been replaced by two specialized ministers.
In addition, Denys Maslov (Servant of the People faction), head of the Verkhovna Rada Committee on Legal Policy, has been appointed Minister of Justice, while Oksana Ferchuk, Ukraine’s Deputy Minister of Defense for Digital Development, Digital Transformation, and Digitalization, has been appointed Minister of Digital Transformation.
Ivan Vygivsky, head of the National Police, has also been appointed as the new Minister of Internal Affairs.
Furthermore, under the president’s quota, Andriy Sibiga is to be reappointed as Minister of Foreign Affairs, and a Minister of Defense is to be appointed; no candidates have been proposed for these positions yet.
Thus, the following individuals did not receive positions in the new government: Taras Kachka, Oleksiy Kuleba, Oleksiy Sobolev, Natalya Kalmykova, Oksen Lisovyi, Mykhailo Fedorov, and Ihor Klymenko (who may be nominated for the position of Minister of Defense).
As reported, on July 16, the Verkhovna Rada appointed Serhiy Koretsky, chairman of the board of Naftogaz of Ukraine, as Prime Minister of Ukraine.
The Verkhovna Rada has appointed Serhiy Koretsky, chairman of the board of NAK “Naftogaz of Ukraine,” as Prime Minister of Ukraine.
His nomination, put forward by President Volodymyr Zelenskyy, was approved by 289 members of parliament during a session on Thursday.
As prime minister, Koretskyi replaced the former head of the Ukrainian government, Yulia Svyrydenko, who had held the position for exactly one year, beginning on July 17, 2025.
Koretsky was born on March 14, 1978, in Lutsk. He received his higher education at Lutsk Technical University, majoring in “Mechanical Engineering” and “Business Economics,” as well as at the Ivano-Frankivsk National Technical University of Oil and Gas, where he majored in “Oil and Gas Production.”
He rose through the ranks from junior analyst at the Continuum Group of Companies (since 1999) to CEO of Continuum (since 2007).
From 2013 through the end of 2018, he developed the WOG gas station chain as CEO.
He then began working on his own projects. He was a co-founder and chairman of the board of the energy trader Centurion Group SA (Switzerland).
From November 9, 2022, he served as director of PJSC “Ukrnafta” and PJSC “Ukrtatnafta.” Since May 14, 2025, he has been chairman of the board of NJSC “Naftogaz of Ukraine.”
According to the “Chesno” movement, from 2002 to 2006 and from 2012 to 2014, he served as a volunteer assistant to Ihor Yeremeyev, a member of the Verkhovna Rada of the 4th and 7th convocations.
In 2006, he ran for the Volyn Regional Council of the 5th convocation as a candidate for the Lytvyn People’s Bloc, and also for the Verkhovna Rada of the 5th convocation as a candidate for the same bloc.
From 2007 to 2012, he served as a volunteer assistant to Kateryna Vashchuk, a member of the Verkhovna Rada of the 6th convocation elected from the Lytvyn Bloc.
Koretsky declared 32.3 million hryvnias in income for 2025, land plots with a total area of 261,600 square meters in the Donetsk Oblast, and six watches from the brands Rolex, Patek Philippe, Breguet, OPUS, and Ulysse Nardin, among others.
GOVERNMENT, Koretsky, NAFTOGAZ, PRIME MINISTER, VERKHOVNA RADA
The political crisis in Romania has deepened after parliament failed to approve the government proposed by Prime Minister Adrian Vestea. The cabinet received 189 votes in favor, falling short of the required minimum of 233, which prevented it from being sworn in and beginning its work.
Following the failed vote, Romanian President Nicușor Dan is expected to hold a new round of consultations with the parties represented in parliament and propose a new candidate for the position of prime minister. This could be either a new politician or a candidate previously discussed, provided the parties can agree on a new majority configuration.
The situation is complicated by the fact that this is the second consecutive failed attempt to form a new government. Previously, candidate Yevhen Tomak withdrew his nomination after failing to secure sufficient support in parliament. Now, the failure of Veshta’s cabinet increases the risk of a protracted political deadlock.
According to Romanian procedures, if two attempts to form a government within the established timeframe do not result in the cabinet’s approval, the president may have grounds to dissolve parliament and call for early elections. Formally, such a scenario is becoming increasingly likely, but politically it remains risky for pro-European parties, as the crisis strengthens the positions of right-wing populist and Euroskeptic forces.
Prolonged political instability in Bucharest could have consequences not only for domestic economic policy but also for regional stability.
Experts at the Experts Club think tank note that the current crisis in Romania reflects a broader trend in Central and Eastern European countries—the fragmentation of party systems, growing distrust of traditional political forces, and the rise of parties that base their campaigns on criticism of Brussels, migration policy, support for Ukraine, and fiscal discipline.
For Ukraine, the situation in Romania is of particular importance. Bucharest remains an important partner for Kyiv in the areas of security, transportation infrastructure, and European integration. Significant volumes of Ukrainian trade pass through Romania, and the Danube region has taken on strategic importance for Ukrainian exports since the start of the full-scale war.
According to an assessment by Experts Club, the baseline scenario for now remains that early elections will not be held, but rather that political parties will attempt to agree on a new, possibly more limited or technical government. The reason is simple: early elections could strengthen parties that are already benefiting from the crisis of confidence in traditional political elites.
At the same time, every new failed attempt to form a government raises the cost of compromise. The longer Romania remains without a fully functioning government, the more difficult it will be to make decisions regarding the budget, reforms, relations with the EU, and economic stabilization.
Romania is already facing a high budget deficit, inflationary pressures, and the need to maintain access to European funding. Under these conditions, a political crisis could increase uncertainty for investors and slow down the implementation of reforms necessary to support macroeconomic stability.
He noted that Romania is entering a period of heightened political turbulence, where the issue of forming a government is directly linked to exchange rate stability, economic policy, and the country’s role in the region.
early elections, EXPERTS CLUB, GOVERNMENT, RISK, ROMANIA, voting
King Frederik X of Denmark, given that Social Democratic leader and long-time pro-Ukrainian Prime Minister of Denmark Mette Frederiksen was unable to secure sufficient support to form a government, has entrusted this task to the current Minister of Defense and leader of the Liberal Party, Troels Lund Poulsen. This is stated in a press release from the Danish Royal Palace.
“Representatives of the Liberal Party, the Danish People’s Party, the Liberal Alliance, the Moderates, the Conservative People’s Party, the Danish Democrats, and the Civic Party—which together hold 87 seats—recommended that Liberal Party leader Troels Lund Poulsen lead the negotiations on forming a government,” reads the statement following the king’s meeting with representatives of political parties on the Royal Palace’s website, which took place on the evening of May 8.
Representatives of the Social Democratic Party, the Socialist People’s Party, the Red-Green Alliance, the Radical Left Party, and the Alternative, which together hold 84 seats, advised that incumbent Prime Minister Mette Frederiksen be tasked with leading the government formation talks once again.
Following this, the king received Frederiksen, who, in light of the parties’ statements, advised Frederik X to entrust Poulsen with leading such negotiations.
Accordingly, the king asked Poulsen to lead the negotiations on forming a government.
On May 8, Mette Frederiksen informed the king that, following the first round of negotiations, she had been unable to secure sufficient support from the parties to form a government. In the Danish parliamentary elections on March 24, Frederiksen’s Social Democrats won, but the centrist party of incumbent Foreign Minister Lars Løkke Rasmussen secured the “golden share” with 14 seats.
Subsequently, Rasmussen, who serves as foreign minister in Frederiksen’s government, issued an ultimatum to her.
On Monday, November 3, ANO party leader and likely future Czech Prime Minister Andrej Babiš signed a coalition agreement with the far-right Freedom and Direct Democracy (SPD) party and the Motorists for Themselves political force, Radio Prague International reports, citing European Truth.
After four weeks of negotiations, the parties agreed on the main program goals of the future government, as well as the distribution of ministerial portfolios among the parties.
“The agreement defines political priorities, the number of ministers, and the principles of government personnel formation,” ANO representatives said.
The next step will be to submit proposals for the composition of the government, followed by a vote in parliament.
Tomio Okamura, leader of the SPD, who was nominated jointly by the SPD, ANO, and Motorists, is expected to become speaker of the Chamber of Deputies.
During the election campaign, Okamura repeatedly made anti-Ukrainian statements, in particular regarding the restriction of the rights of Ukrainian refugees in the Czech Republic.
After the election of the speaker of parliament, the current government must resign, which will pave the way for the formation of a new cabinet headed by Babiš.
On October 27, Czech President Petr Pavel officially tasked Andrej Babiš with forming a government after the ANO party won the parliamentary elections on October 3–4, 2025.
ANO received the most votes among all political forces, ahead of the Together coalition and the Social Democrats.
According to preliminary data, Babiš’s cabinet will consist of 15 ministers, half of whom will be appointed by ANO, five by the SPD, and two by the Motorists party.
Andrej Babiš already headed the Czech government in 2017–2021. His ANO party positions itself as “centrist” and advocates strong state support for business. The SPD is known for its Eurosceptic and anti-immigration positions, while the Motorists for Themselves party advocates for the liberalization of traffic rules and lower taxes for the transport sector.
ANO, Babiš, CZECH REPUBLIC, ELECTIONS, GOVERNMENT, PARLIAMENT, SPD, Томіо Окамура
The Cabinet of Ministers of Ukraine has allocated UAH 6 billion from the state budget reserve fund to implement measures related to strengthening the country’s defense capabilities.
According to Government Order No. 1135 of October 18, the funds have been allocated for measures related to strengthening the country’s defense capabilities and preventing man-made emergencies, in particular for the construction of protective structures for critical infrastructure facilities in the fuel and energy sector, the railway transport subsector of the transport and postal sector (protection of traction substations with a primary voltage level of 150 (110) kV) and the critical infrastructure life support systems sector (heat energy supply, water supply, and water disposal).
The Ministry of Community and Territorial Development (for the joint-stock company Ukrainian Railways) has been allocated UAH 800.5 million; regional state administrations (for regional military administrations) — UAH 5.2 billion.
As previously reported, the funds will be used to strengthen energy, transport, and vital systems — from generators and battery stations to the construction of engineering protection, which will allow for faster construction of protective structures, rapid restoration of damaged facilities, and ensure the uninterrupted operation of the energy sector.
