In Ukraine, number of job seekers growing faster than vacancies
In April, the labor market began to recover gradually, with the number of job seekers growing faster than that of vacancies.
Economy - Latest news
07 May 2022
Russian invaders steal vegetable oil from seized plant in Zaporizhzhia Region
The Russian military are stealing vegetable oil from Polohy Oil Extraction Plant, which is situated in Zaporizhzhia Region.
UN: Nearly 25 million tonnes of grain stuck in Ukraine
Nearly 25 million tonnes of grains are stuck in Ukraine and unable to leave the country due to Russia's blockade of seaports and infrastructure problems.
06 May 2022
Ukraine's Pension Fund gets over UAH 171B in revenues in four months of 2022
In the four months of 2022, the Pension Fund of Ukraine (PFU) received UAH 171.9 billion, including UAH 113.7 billion of own revenues.
In Zaporizhia region, Russian forces set to take away land from farmers
In Chernihivka (Zaporizhia region), the occupiers are threatening farmers to seize their land plots.
Global food crisis is one of Russia’s intentional goals – Kyslytsya
Creating a food crisis in Ukraine and around the world is likely to be one of Russia’s intentional goals in the war against Ukraine.
05 May 2022
Shmyhal presents basic aspects of Ukraine Recovery Plan
During the working trip to Warsaw, Prime Minister of Ukraine Denys Shmyhal presented the United24 platform, initiated by President of Ukraine Volodymyr Zelensky, to international partners and donors.
Japan to provide $300M to Ukraine
Japan will provide $300 million in financial assistance to Ukraine.
Ukraine ready to halt transit if Europe drops Russian gas – Head of Parliament’s energy committee
Ukraine is ready to stop the transit of Russian gas if Europe decides to abandon Russian supplies.
Germany drafting "gas" law to reduce energy dependence on Russia
In the near future, the German authorities plan to adopt laws aimed at reducing energy dependence on Russia as soon as possible.
04 May 2022
Britain imposes sanctions on 63 individuals, legal entities from Russia
The British government on Wednesday expanded the list of restrictive measures against Russia for its aggression against Ukraine.
Australia provides USD173 million in aid to Ukraine
Australia has so far granted USD173 million in military and humanitarian aid to Ukraine.
PM Shmyhal: Ukraine receives €4.5B in aid from international partners during war
During the full-scale Russian-Ukrainian war, Ukraine has received 4.5 billion euros in financial assistance from international partners.
03 May 2022
Italy aims to become independent from Russian gas by second-half 2024
Italy aims to sever its dependence on Russian gas supplies by the second half of 2024.
Ukraine to build five nuclear power units together with Westinghouse
NNEGC Energoatom and the U.S.-based Westinghouse continue their joint work on the project of construction of new AR-1000 power units at Ukrainian NPPs.
NBU governor: Inflation may exceed 20% by year-end
In April, inflation rate in Ukraine was at 15.9%, and it may exceed 20% by the end of the year.
This year's harvest in Ukraine expected at 65% of last year’s – expert
In 2022, Ukrainian farmers expect to harvest 65% of what was recorded last year because only 70% of spring field work was completed against last year’s figures amid war-related disruptions.
02 May 2022
Russia should be cut off from funds for its war - Polish Foreign Ministry
Russia must be deprived of the funds it is using to finance its armed aggression against Ukraine, while any possibility of circumventing western sanctions must be ruled out. The assets seized from Russian oligarchs should be allocated for Ukraine's recovery.
US Congressman McGovern calls for agricultural export corridors from Ukraine
It is necessary to help the Ukrainians establish a humanitarian corridor that will allow them to ship food by sea to other countries.
VR may ease requirements for agricultural exports and imports
The Verkhovna Rada Committee on Agricultural and Land Policy has recommended that Parliament approve a draft bill on uninterrupted production and supply of agricultural products during the martial law.
Turkey plans to start using Black Sea gas as early as 2023
After discovering gas deposits on the bottom of the Black Sea and starting work on its extraction and transportation, Turkey expects to start using this gas as early as next year.
Over 4M tonnes of grain blocked in Ukrainian ports due to war - UN
Almost 4.5 million tonnes of grain have been blocked in Ukrainian ports. Exports through the closed sea routes are halted amid an ongoing Russian military invasion.
01 May 2022
Ukraine to have access to LNG terminals in Poland, Baltic states
This summer, Ukraine will have access to liquefied gas terminals in Poland and the Baltic states.
Russians already stolen several hundred thousand tonnes of Ukrainian grain – Agrarian Policy Ministry
Russian invaders have already exported several hundred thousand tonnes of grain from the temporarily occupied territories in Luhansk, Donetsk, Kherson and Zaporizhzhia regions.
Russia looking for "loopholes" in sanctions to get to int’l markets through Georgia, Armenia, Azerbaijan - intel
To evade sanctions, Russia is negotiating with Georgia, Armenia, and Azerbaijan to set up routs for re-exports of Russian products to international markets.
Zelensky: Any company or state that helps Russia trade oil must be sanctioned
Sanctions must be imposed on any company or state that helps Russia trade oil.
30 April 2022
Rosatom trying to take full control of Zaporizhzhia NPP - IAEA
Representatives of Russia's Rosatom are demanding daily reports from the Zaporizhzhia NPP management on "confidential issues" regarding the operation of the nuclear power plant.
Land auctions worth UAH 1.44B announced via ProZorro.Sale system
More than 5,000 online auctions for the sale and lease of land worth over UAH 1.44 billion have been announced via the ProZorro.Sale system.
Moscow admits economic collapse – CCD
The Russian authorities have openly acknowledged that the country’s economy will face losses amid sanctions in the near future, and its structural adjustments to the new realities are unlikely.
Ukraine to receive EUR 495M more in grant funding from World Bank
Ukraine will receive EUR 495 million more in grant funding from the World Bank’s Trust Fund.