Andriy Yermak, head of Ukraine's Presidential Office, has been leading campaigns to supplant three top officials in the Ukrainian government, the Economist reported on July 6, citing multiple anonymous officials.

The story follows a corruption probe into Deputy Prime Minister Oleksii Chernyshov, the highest-ranking official in Ukrainian history to face such charges while still in office. According to the Economist's sources, Yermak was a driving force behind the investigation.

Yermak, President Volodymyr Zelensky's close friend and chief adviser, spurred on the Chernyshov probe while also renewing attempts to replace Kyrylo Budanov, head of Ukraine's military intelligence agency (HUR) , and Prime Ministery Denys Shmyhal, three unnamed officials told the Economist.

There is no evidence that Yermak ordered an investigation into Chernyshov, the Economist reports, but officials told the outlet that he influenced the case by allowing it to progress while freezing other investigations.

Chernyshov ran afoul of Yermak by offering himself as an alternative liaison to Washington, the officials claimed. His removal would also reportedly clear the way for Deputy Prime Minister Yuliia Svyrydenko, a Yermak protege, to assume the role of Prime Minister in the event of Shmyhal's dismissal.

Rumors of a government reshuffle unseating Shmyhal have circulated for months. Ukrainian media reported last summer that Zelensky was considering replacing the prime minister with Svyrydenko. While several key officials were replaced in a reshuffle in September 2024, Shmyhal kept his post.

Chernyshov, too, has said he will not step down from his role as deputy prime minister despite the ongoing corruption probe.  

Reports of imminent dismissal have also periodically surrounded Budanov, Ukraine's spy chief. Budanov has rejected such rumors as "Russian propaganda" in the past.

Sources told the Economist that Yermak was leading another effort to oust Budanov in June 2025. According to the outlet, warnings from the White House not to fire Budanov may have helped secure his position.

Politico reported in June that U.S. officials, particularly those working in the Trump administration, found Yermak's diplomatic style abrasive and off-putting, potentially risking U.S.-Ukrainian relations at a critical time.

Ukraine imposes sanctions on Russian financial, cryptocurrency schemes

Restrictions were imposed on 60 legal entities and 73 Russian citizens.

The Kyiv IndependentKateryna Hodunova

Ukraine has received another 1 billion euros ($1.1 billion) in macro-financial assistance from the European Union as part of a G7 loan, Prime Minister Denys Shmyhal announced on June 13.

"This is the fifth tranche of macro-financial assistance from the EU under the ERA Extraordinary Revenue Acceleration) initiative," Shmyhal wrote on social media. "The funds will be directed toward key expenditures of the state budget."

Shmyhal thanked Ukraine's partners for their "consistent and reliable support," adding, "Together, we will make (Russia) pay for all the damage caused to Ukraine."

According to Shmyhal, Ukraine has received a total of 7 billion euros ($8 billion) from the European Union under the ERA initiative, which is funded by the windfall profits generated from immobilized Russian sovereign assets.

The ERA mechanism, launched by the G7 and backed by the EU and the United States, is a $50 billion program designed to support Ukraine through loans repaid using future income from frozen Russian assets. Since Russia's full-scale invasion in 2022, G7 countries have frozen around $300 billion in Russian sovereign assets.

Ukraine received the previous 1-billion-euro tranche on May 8 as part of the fourth installment of EU aid under ERA.

EU provides Ukraine with $1 billion tranche under G7 loan covered by Russian assets

This is the fourth such tranche from the bloc, which is secured by proceeds from frozen Russian assets.

The Kyiv IndependentKateryna Hodunova