National Bank sees little progress in discussion on use of Russian assets
The National Bank is making gradual, cautious progress in the discussion on the use of immobilized Russian assets.
Economy - Latest news
10 March 2024
Kaczyński rallies supporters for massive march in Warsaw against Green Deal, Ukraine imports
The leader of the Polish opposition party Law and Justice (PiS) Jaroslaw Kaczyński is gathering his supporters for a large demonstration in Warsaw on May 18 against the EU Green Deal and agricultural imports from Ukraine.
Russian invaders restrict IAEA experts’ access to turbine halls at ZNPP
The Russian invaders, who control the Zaporizhzhia nuclear power plant, have again restricted IAEA experts' access to the turbine halls at power units 3 and 5.
09 March 2024
Russia-seized nuclear power plant to remain without backup power for at least another week - IAEA
The Zaporizhzhia nuclear power plant remains dependent on a single operating 750-kV transmission line, while the 330-kV reserve line will not be reconnected for at least another week.
Japan interested in investing in Ukraine’s titanium industry
Head of the Ukrainian State Property Fund Vitalii Koval has met with the representatives of the Japan International Cooperation Agency (JICA) and Toho Titanium to discuss the possibility of investing in Ukraine’s titanium industry.
Zara, Pull&Bear, Bershka and others: MFA confirms fashion brands returning to Ukraine
The Ukrainian Foreign Affairs Ministry has confirmed that one of the world’s largest fashion retailers, Inditex, is returning to Ukraine.
Twelve regions start spring sowing campaign across Ukraine
Twelve regions across Ukraine have already started the sowing of spring grain and leguminous crops.
08 March 2024
Ukraine, Türkiye sign agreement to facilitate joint trade
Ukraine and Türkiye have signed a joint agreement that simplifies trade between the two countries and removes barriers to business.
Shmygal and Dombrovskis discussed trade liberalization between Ukraine and EU
Ukraine seeks to reach agreements in principle on further tariff liberalization of the trade regime between Ukraine and the European Union within the current cadence of the European Commission.
Dombrovskis to discuss blocking border with Ukraine in Warsaw
During his visit to Warsaw on March 9, Executive Vice President of the European Commission Valdis Dombrovskis will discuss the issue of blocking the border with Ukraine with the Polish side.
French agency will help State Audit Service to switch to European financial control standards
Ukraine and France will jointly develop regulatory documents on financial control in accordance with the standards of the European Union.
IMF chief Georgieva may stay on for second five-year term - Reuters
Managing Director of the International Monetary Fund Kristalina Georgieva is interested in a second five-year term at the helm of the IMF and is ready to secure sufficient support among member countries.
IAEA Board of Governors demands that Ukraine regain control over Zaporizhzhia NPP
By a majority of votes, the Board of Governors of the International Atomic Energy Agency (IAEA) has approved a draft resolution on nuclear safety, security and guarantees, which was developed by Ukraine.
German MEP calls on EU to sanction suppliers of raw material for ammo production in Russia
The European Union should extend sanctions to companies and individuals supplying raw material (nitrocellulose) to Russia for ammunition production.
Public contracting authorities sign UAH 42.8B worth of agreements via Prozorro in Feb 2024
In February 2024, as a result of competitive tenders held via the Prozorro public e-procurement system, public contracting authorities signed 28,000 agreements worth UAH 42.8 billion.
07 March 2024
President authorizes finance minister to sign agreement with EU on Ukraine's participation in anti-fraud program
Ukrainian President Volodymyr Zelensky has authorized Minister of Finance Sergii Marchenko to sign an agreement between Ukraine and the EU on the country's participation in the EU Anti-Fraud Program.
Ukraine has clear plan to get access to EUR 300B of frozen Russian assets – PM Shmyhal
About EUR 300 billion of Russian sovereign assets have been frozen in partner countries, and Ukraine's goal is to gain access to them.
European Parliament committee agree to extend trade liberalisation for Ukraine for another year
The European Parliament's Committee on International Trade endorsed the extension of trade liberalisation measures to support Ukraine and Moldova in the face of Russia’s war.
Ukraine’s international reserves reach about $37.1B as of Mar 1
As of March 1, 2024, Ukraine’s international reserves came to $37.05 billion, having reduced by 3.8% in February 2024.
Ukrgasvydobuvannya launching new high-rate natural gas well
Ukrgasvydobuvannya JSC has put into service a new well with a daily production rate of about 400,000 cubic meters of natural gas.
06 March 2024
Zelensky, Mitsotakis inspect functioning of 'grain corridor' at Odesa port
During their visit to the Odesa port, Ukrainian President Volodymyr Zelensky and Greek Prime Minister Kyriakos Mitsotakis inspected the functioning of the "grain corridor" in the Black Sea, created in August 2023.
Grossi, Putin discuss safety at Zaporizhzhia NPP
IAEA Director General Rafael Mariano Grossi held an "important" meeting with Russian President Vladimir Putin in Sochi on Wednesday to discuss the nuclear safety and security of the Russian-occupied Zaporizhzhia Nuclear Power Plant.
Britain prepared to loan Ukraine all frozen Russian assets in UK – Cameron
Britain is prepared to loan Ukraine all frozen Russian central bank assets in the UK on the basis that Russia will be forced to pay reparations to Ukraine at the end of the war.
More than 2,000 auctions successfully held via Prozorro.Sale since early 2024
In January-February 2024, more than 2,000 auctions were successfully held via the Prozorro.Sale system, raising UAH 559.2 million towards various-level budgets.
NBU revises list of systemically important banks
Following the annual review of bank performance indicators in accordance with the established criteria, the National Bank of Ukraine (NBU) has confirmed a systemic importance status of 15 banks that were on this list in 2023.
Twelve Ukrainian companies taking part in FOODEX JAPAN 2024
For the first time since 2019, a Ukrainian pavilion has opened at the international food and beverage exhibition, FOODEX JAPAN 2024, in Tokyo with 12 domestic companies presenting their products.
05 March 2024
Bundestag lawmaker calls for embargo on exports of ammunition components to Russia
Any deliveries from the West to Russia of raw materials used for the production of explosives are unacceptable. Sanctions must be applied against companies supplying nitrocellulose to Russia and an embargo must be introduced on deliveries of nitrocellulose, cotton cellulose, and cotton, all used as part of ammunition production.
EU presents first ever defence industrial strategy involving Ukraine
Today, the European Commission and EU High Representative for Foreign Affairs and Security Policy Josep Borrell have presented the first-ever European Defence Industrial Strategy (EDIS) at the EU level, involving cooperation with Ukraine.
European Commission proposes to prolong transport deal with Ukraine, introduces updates
The European Commission put forward a proposal to extend the road transport agreement with Ukraine, with some updates.
Ukraine could impose military levy on individual enterpreneurs - MP
The Cabinet of Ministers is drafting a bill aimed to increase budget revenues through introducing military levy for another category of taxpayers, which is private entrepreneurs.