Founded in 1918
Sunday, 24 November 2024, 19:08
28 February 2024
Ukraine received a $760 million grant from Japan and Norway through the World Bank's PEACE project. The funds will be used to compensate for state budget expenditures that are not related to the security and defense sector.
In March 2024, the Cabinet of Ministers of Ukraine is planning to endorse the Ukraine Facility Plan, and then it will be submitted for the approval of the European Commission.
The Ukrainian Economy Ministry and the Organisation for Economic Co-operation and Development (OECD) have started joint efforts to analyze investment incentives and harmonize the investment-related regulatory environment.
The European Network of Transmission System Operators for Electricity (ENTSO-E) has increased the maximum capacity limit on Ukraine’s electricity exports to 550 megawatts.
27 February 2024
Large retail chains did not participate in the first tenders of the State Logistics Operator, as they do not understand the model of procurement from the product catalog.
More than 17,000 individual and sectoral sanctions have already been enforced against the Russian Federation, thanks to which the enemy is believed to have lost at least $400 billion.
At a plenary meeting in Strasbourg, the European Parliament has approved the creation of the Ukraine Facility worth EUR 50 billion in the EU budget for 2024-2027, as delivered by the Members of the European Parliament, Michael Gahler and Eider Gardiazabal Rubial, and the proposals of the Council of the EU in this regard.
The share of Ukrainian companies among those winning Naftogaz Group’s tenders for the supply of goods and services is ranging from 70 to 90%.
The Government of Ukraine will encourage Ukrainians to purchase domestically produced goods, which is likely to increase the GDP rate by 0.14%.
As soon as this March, Ukraine may receive about USD 9 billion in aid from international partners, allowing the state to finance expenditures in a more stable manner.
26 February 2024
Ukraine and Bulgaria are seeking to implement the vertical gas corridor project as soon as possible, which is a strategic route for the supply of additional volumes of liquefied natural gas.
The very prospect of Ukraine's membership in the EU and the fulfillment of the relevant conditions will stimulate the country's economic growth even before its formal accession, and the integration process will stimulate foreign trade and attract investments, which will strengthen the country's institutional capacity.
Thanks to industrial deregulation, a drone market has emerged in Ukraine, where hundreds of private companies have entered. It is private businesses that will produce more than 95% of the planned one million drones this year.
Ukrainian businesses and the state should conclude a modern ‘moral agreement’, where the state will provide support for businesses, and businesses will operate with no shady deals and stay away from the Russian market.
Ukrainian President Volodymyr Zelensky has instructed the Government of Ukraine to develop practical steps in support of domestic businesses, including the ‘Buy Ukrainian’ cashback program.
More than 90% of Ukrainian businesses have resumed operation and are returning to the pre-war production levels.
The Ukrainian government has prepared proposals on how to resolve the situation on the border with Poland and handed them over to the European Commission and Polish colleagues.
Polish protesters continue to block truck traffic across six checkpoints on the border with Ukraine, allowing only for several freight vehicles per hour to pass in both directions.
Latvia has banned the import of Russian grain at the legislative level, and is now proposing that the EU undertake similar measures, since all such products can be replaced by cereals harvested in Ukraine.
The Center for Defense Reforms, within the Anaconda project implemented jointly with the Royal United Services Institute (RUSI), has prepared a report entitled 'The Russian Munitions Coalition: Who and How Helps Russia to Produce Explosives' report.
Ukraine’s Ambassador to Poland, Vasyl Zvarych, called on the Polish authorities to do their utmost to find and prosecute those responsible for dumping Ukrainian grain from vehicles and rail cars heading via Poland.
25 February 2024
Mayor of London, Sadiq Khan, called on the British government to confiscate British-based property of Russian nationals affiliated with Russian President Vladimir Putin, and to forward the funds from their sale to accommodating displaced Ukrainians.
The main task of the audit of the structural units of the Ministry of Defense and the Armed Forces of Ukraine is to prepare reserves and resolve the issue of rotation.
On the night of February 25, Ukrainian agricultural products were dumped from eight railroad cars at the Polish railway station Kotomierz, causing 160 tonnes of grain to be damaged.
In January, Ukraine exported 12 million tonnes of grain through the maritime corridor, equivalent to the pre-war volume.
Russian intelligence and propaganda masterminds are exploiting the existing tension on the Polish-Ukrainian border to increase anti-Ukrainian sentiments in the European Union, especially in Poland.
The ongoing crisis around the export of Ukrainian grain on the border with Poland is caused by three factors.
On February 24, the Group of Seven (G7) countries issued a statement confirming that Russia's sovereign assets in their jurisdictions will remain frozen until the end of Russia's full-scale war against Ukraine.
In 2023, compared to 2022, energy sector companies increased their contributions to the state budget by 17% to UAH 114.73 billion.
Due to the modernization and strengthening of air defense systems that protect Ukrainian ports, grain exports reached pre-war levels.