Europe must get rid of its dependence on Russian energy resources - Zelensky
Ukrainian President Volodymyr Zelensky has called on Europe to completely overcome its dependence on Russian energy resources.
Economy - Latest news
25 November 2022
Three nuclear power plants already functioning in Ukraine – Ukrenergo
All nuclear power plants that are located in the government-controlled territory of Ukraine are already connected to the power system. In 1-2 days it will be possible to return to scheduled power outages instead of emergency ones.
IAEA experts arrive at all Ukrainian NPPs - Grossi
Experts of the International Atomic Energy Agency (IAEA) have arrived at all nuclear power plants of Ukraine in order to provide support and assistance to the personnel.
24 November 2022
Ukraine to receive $4.5B grant from World Bank - agreement signed
Minister of Finance Serhiy Marchenko and Regional Director of the World Bank for Eastern Europe (Belarus, Moldova and Ukraine) Arup Banerjee signed an agreement to provide Ukraine with a grant in the amount of $4.5 billion.
Power unit of Khmelnytskyi NPP connected to power grid
Power unit No.1 of the Khmelnytskyi nuclear power plant (NPP) has been connected to the unified energy system of UKraine.
In Ukraine, only 44% of mobile base stations in service - regulator
As of the morning of November 24, only 44% of base stations of Ukraine’s mobile operators were operating across Ukraine.
Energy Ministry: Ukrainian NPPs could resume operation in the evening
Ukraine’s Ministry of Energy expects that Ukrainian nuclear power plants will resume operation in the evening of November 24.
Electricity supply restored to 50% of Dnipropetrovsk region’s consumers - governor
Electricity supply was restored to about 50% of consumers in Dnipropetrovsk region.
Klitschko: 70% of capital remains without electricity, water supply restored on left bank
Seventy per cent of the capital remains without electricity, water supply has already been restored on the left bank of the city.
Finance Ministry: IMF’s program monitoring designed for four months
The IMF’s Program Monitoring with Board Involvement, requested by Ukraine, will last four months.
PM Shmyhal outlines priority areas of investment at Rebuild Ukraine conference
Prime Minister Denys Shmyhal believes that the countries that will be the first to invest in Ukraine will benefit the most in the future.
IMF plans to approve Program Monitoring for Ukraine in coming weeks
The IMF management official is expected to approve the launch of the Program Monitoring with Board Involvement (PMB) in the coming weeks.
Ukrenergo on Russian strikes on infrastructure: No reason to panic
There is no reason to panic in connection with Russia’s missile attack on Ukraine’s infrastructure on Wednesday, November 23.
23 November 2022
Russian missile attack causes temporary blackout of all NPPs, most thermal power plants, hydropower plants
Russia’s massive missile attack on November 23 led to a temporary blackout of all nuclear power plants, most thermal power plants and hydropower plants across Ukraine. Electric power transmission facilities were also damaged.
PM Shmyhal: EU plans to collect thousands of generators and power equipment for Ukraine
The European Union plans to collect and send thousands of generators and power equipment to Ukraine.
EBRD-led package allocated to repair energy infrastructure in Ukraine
The European Bank for Reconstruction and Development has approved a financing package worth EUR 372 million to support Ukrenergo, the Ukrainian government-run operator of the national power grid.
Power units of Khmelnytskyi NPP disconnected from power grid
Power units of the Khmelnytskyi NPP have been disconnected from power system following Wednesday’s Russian missile strike on energy infrastructure across Ukraine.
22 November 2022
U.S. Government provides $4.5B to Ukraine through World Bank – Shmyhal
The World Bank has mobilized an additional $4.5 billion for ongoing assistance to Ukraine, which will help the country meet its urgent needs during the winter period.
Government transfers UAH 12.7B to Naftogaz for gas purchase
The Cabinet of Ministers of Ukraine has approved a decision to provide UAH 12.7 billion to Naftogaz of Ukraine for the purchase of gas.
Ukraine gets EUR2.5B in macro-financial assistance from EU - PM
On November 22, Ukraine received EUR 2.5 billion of macro-financial assistance from the European Union.
U.S. allocates another $4.5B in financial aid to Ukraine
The United States Government announced budget support to Ukraine in the amount of $4.5 billion.
Ukraine to get additional EUR 500M from EU this year – finance ministry
Ukraine will receive the last tranche of the eighth EU macro-financial assistance program by the end of this year.
Ukraine, Austria sign memorandum on cooperation in area of digitization
Ukraine's Ministry of Digital Transformation and Austria's Ministry of Finance have signed a memorandum on cooperation in the area of digitalization.
Ukraine prepares sanctions against 3,000 representatives of Russian defense industry
Ukraine has prepared a large package of sanctions, which includes individuals from Russia's military leadership and enterprises and institutions of the military and industrial sector, who are involved in the murder of Ukrainians.
European Commission disburses EUR 2.5B in aid to Ukraine
European Commission President Ursula von der Leyen has announced the allocation of a further EUR 2.5 billion in macro-financial assistance to Ukraine.
21 November 2022
Blackouts could be applied at least until late March - energy official
It is likely that Ukraine will be facing rolling blackouts throughout winter and until late March.
Ukrainian banks post profit of UAH 11B in first ten months of 2022 - NBU
The net profit of solvent banks in Ukraine amounted to UAH 11 billion in January-October this year.
Norway signs agreement with EBRD to assist Ukraine with gas procurement
Norwegian Minister of Finance Trygve Slagsvold Vedum has today signed an agreement to provide funding of NOK 2 billion (USD 195 million) to enable Ukraine to purchase natural gas during the coming winter.
NBU sells $182.18M on interbank market in past week
The National Bank of Ukraine last sold US$182.18 million on the interbank foreign exchange market and purchased $16.1 million.
Germany will help Ukraine restore energy infrastructure
Germany will help Ukraine restore energy infrastructure facilities that are being bombarded by Russia.