Vysotskyi: Exports of Ukrainian agricultural products help contain EU’s inflation
Exports of Ukrainian agricultural products have helped to curb inflation in the European Union.
Economy - Latest news
19 April 2023
Ukrainian underground storage facilities contain over 9 bcm of gas – Galushchenko
Last heating season Ukraine’s natural gas consumption volumes reduced significantly, but the country is already making preparations for the next autumn and winter period, and accumulating the necessary amount of natural gas in its underground storage facilities.
18 April 2023
PM Shmyhal: World Bank to become one of key partners in Ukraine’s recovery
The World Bank will become one of the key partners in the recovery of Ukraine. The implementation of several relevant programs has been already agreed upon.
Ukraine loses 44% of nuclear power generation at heating season’s end - energy ministry
As of the end of the autumn-winter period, due to destruction and occupation of territories by Russia, the Ukrainian power system temporarily lost 44% of nuclear generation, 78% of TPP, 66% of CHPP, 12% of HPP, 75% of wind generation, and more than 20% of solar generation capacity.
Absolut Vodka halts exports to Russia
Sweden’s Absolut Vodka specializing in alcoholic beverage production will stop exporting its products to Russia.
European Commission to discuss Ukrainian agriexport issues with Ukraine, neighboring states
The European Commission panel held a discussion on the operation of the Solidarity Lanes through which Ukraine’s foodstuffs are exported amid war, while tomorrow EC Executive Vice President Valdis Dombrovskis will meet with representatives from the five EU countries bordering Ukraine, as well as the Ukrainian officials.
Investing in Ukraine: Japan first to allocate $23M to cover war risks
Japan has become the first country to contribute $23 million to cover war-related risks when investing in Ukraine.
Poland to unblock transit of Ukrainian grain as of April 21 (updated)
Poland will unblock the transit of Ukrainian grain through its territory to ports in Europe on Friday, April 21. However, the ban on imports of Ukrainian agricultural products to the Polish market remains.
Romanian ruling party to ask government to ban grain import from Ukraine
The ruling Romanian Social Democrat Party (PSD) will ask the government to issue an emergency decree to impose a temporary ban on Ukrainian grain imports.
Water for Mykolaiv: EIB approves additional EUR 20M loan
The European Investment Bank (EIB) has allocated additional EUR 20 million funding for the development of the water supply and wastewater system in Mykolaiv.
Ship with 30 thousand tons of Ukrainian wheat arrives in Yemen
The Negmar Cicek ship has delivered 30 thousand tons of wheat to the port of Salif in the Republic of Yemen as part of the humanitarian food program Grain from Ukraine.
Russia breaks promises to countries dependent on Ukrainian grain – Blinken
Russia is breaking its promises to countries around the world that are dependent on Ukrainian-produced grain.
Warsaw seeks solution to resume transit of Ukrainian agricultural products to Europe
The Ukrainian-Polish talks regarding the import and transit of Ukrainian agricultural products through the territory of Poland continue in Warsaw on Tuesday.
Chinese brands secure over 70% of Russian smartphone market
Sales of Chinese smartphones in Russia stood at over 70% of the Russian market in the first quarter against nearly 50% last year.
Russian oil exports rebound to pre-war level
Last month, Russia managed to bring its crude oil exports back to pre-war levels.
Slovakia suspends grain imports from Ukraine
The Government of Slovakia has decided to suspend the import of grain and other agricultural products from Ukraine.
DTEK restores electricity to almost 50,000 families in Donetsk, Dnipro regions
Over the past week, DTEK power engineers have restored electricity supply to almost 50,000 families in Donetsk and Dnipro regions.
17 April 2023
Ukraine's PM, EBRD, EU officials discuss cooperation in rebuilding Ukraine
Ukrainian Prime Minister Denys Shmyhal, the EBRD's Managing Director for Eastern Europe and the Caucasus Matteo Patrone and Head of the EU Delegation to Ukraine Matti Maasikas have discussed cooperation in the reconstruction of Ukraine and the implementation of reforms.
Ukraine will suffer significant losses due to embargo on agricultural exports to EU - Hetmantsev
Ukraine will suffer significant losses due to the embargo on the export of its agricultural products to neighboring countries of the European Union.
Ukraine may receive $42B in financial aid this year – central bank
Ukraine is expected to receive $42 billion in financial assistance in 2023, including $4.6 billion from the International Monetary Fund, Deputy Governor of the National Bank of Ukraine (NBU) Sergiy Nikolaychuk has said.
NBU governor names prerequisite for Russia’s economic, financial collapse
Covering the budget deficit at the expense of printing more money will lead to the economic and financial collapse in Russia and the bankruptcy of the Vladimir Putin regime.
U.S. Ambassador: Russia tries to choke Ukraine's economy, slow down food flows
United States Ambassador to Ukraine Bridget Brink has accused Russia of trying to choke the Ukrainian economy and slow down the flow of food instead of complying with the terms of the grain corridor.
Russia blocks about 50 ships with Ukrainian grain in Black Sea – Borrell
About 50 ships with Ukrainian grain have been blocked by Russia in the Black Sea again. Thus, the EU will continue to facilitate the export of Ukrainian agricultural products through Solidarity Lanes on the borders between Ukraine and the EU.
UkraineInvest holds online forum on logistics
On Friday, April 21, UkraineInvest, the Government Office for Attracting and Supporting Investment, will hold an online investment forum in the field of logistics, "FIT for Ukraine."
Ukraine can, should become “success story” - central bank governor
Today, Ukraine really can and should become a success story, National Bank's Governor, Andriy Pyshnyi, believes.
Russia blocks ship's inspections of "grain corridor" again
On April 17, 2023, Russia, for the second time, blocked inspections of ships in Turkish territorial waters heading through the "grain corridor".
Slovakia to suspend grain imports from Ukraine - The Guardian
According to The Guardian, Slovakia will suspend imports of grain and other selected products from Ukraine, Ukrinform reports.
Restoration Agency drafting long-term national recovery strategy
The State Agency for Restoration and Infrastructure Development of Ukraine (Restoration Agency) has a strategic vision for reconstruction and is already drafting a long-term national recovery strategy.
Ukraine begins to export electricity to Slovakia
In the morning of April 17, 2023, Ukraine’s energy system was operating with a surplus capacity. Starting today, Ukraine is exporting electricity to Slovakia in addition to Poland and Moldova.
Five G7 countries form alliance to oust Russia from global nuclear fuel market
The United States, the United Kingdom, France, Canada, and Japan have announced an alliance to oust Russia from the international nuclear fuel market.