NBU leaves key policy rate unchanged at 15%
The National Bank of Ukraine (NBU) has decided to keep its key policy rate at 15%.
Economy - Latest news
25 January 2024
Ukraine’s Naftogaz under cyberattack - statement
Naftogaz of Ukraine and Gas Distribution Networks of Ukraine are reporting an ongoing massive cyberattack on one of their data centers.
U.S. Senate committee approves legislation to confiscate Russian assets in favor of Ukraine
A U.S. Senate committee approved legislation on Wednesday that would help set the stage for the United States to confiscate Russian assets and hand them over to Ukraine for rebuilding after the destruction of the nearly two-year-long war.
Ukraine can export another 40M t of grains and oilseeds in current season - expert
Ukraine can export another 36-40 million tonnes of grains and oilseeds in the current marketing year (MY).
Finance Ministry places domestic government bonds for UAH 6B
On January 23, 2024, Ukraine’s Ministry of Finance raised more than UAH 6 billion to the state budget at an auction for the placement of domestic government bonds.
24 January 2024
Ukraine and Slovakia to speed up reconstruction of electric interconnector between countries
Ukraine and Slovakia are deepening their cooperation in the energy sector, in particular, they will speed up the reconstruction of the Mukachevo-Velke Kapusany interconnector.
Bulgaria eyes seizing Russia-owned resort on Black Sea coast
In Bulgaria, lawmakers from the ruling majority are drafting a bill that would allow the government to confiscate the Russian tourist resort of Kamchia.
European Commission wants to extend liberal regime in agricultural trade with Ukraine
The EU will continue to provide Ukraine with substantial support, and in this context, the European Commission will soon present proposals to extend the liberalization of agricultural trade with our country.
Law enforcement agencies will limit business inspections - Svyrydenko
The National Security and Defense Council has recommended that law enforcement agencies refrain from actions that could block or have a significant negative impact on the operation of enterprises for three months.
Deposit Guarantee Fund selling banks’ assets worth UAH 4.7B
The Deposit Guarantee Fund of Ukraine has put up for sale the assets of insolvent banks for a total sum of UAH 4.7 billion.
Businesses receive affordable loans worth UAH 4.3B since year-start
Over the first three weeks of January 2024, banks issued 787 preferential loans worth UAH 4.3 billion under the Affordable Loans 5-7-9% state program.
Bulgarian MPs table bill to immobilize Russian assets
Bulgarian MPs Ivaylo Mirchev and Nadezhda Yordanova, representing the political party "We Continue the Change-Democratic Bulgaria" (WCC-DB), submitted to parliament a draft law seeking to freeze Russian properties owned by sanctioned individuals.
23 January 2024
Shmyhal discussed with Weber need to strengthen sanctions against Russia
Prime Minister Denys Shmyhal during a meeting with the President of the European People's Party Manfred Weber discussed the need to strengthen sanctions against Russia as part of the preparation of the 13th package and the confiscation of frozen Russian assets in the EU.
Zelensky hopes that European Council will unblock €50 billion for Ukraine in early February
Ukraine expects to unblock €50 billion in aid from the European Union at a special meeting of the European Council on February 1.
Latvian government allocates €15.6 million to support Ukrainians
The Latvian government has allocated EUR 15,617,075 to cover the costs incurred by the municipal authorities of Latvia in connection with the reception and support of refugees from Ukraine until the summer of 2024.
PM Shmyhal: Gov’t earmarks UAH 9.6B from military tax for Defense Forces
After the decision to redirect military personal income tax funds, UAH 51 billion was allocated for the defense industry, over UAH 43 billion – for UAV production, and UAH 9.6 billion will be sent to the defense forces for the purchase of weapons, equipment, and gear.
Ukraine loses estimated EUR 1.5B amid blockade of western borders - expert
In just two months, Ukraine’s economy lost over EUR 1.5 billion due to strikes that blocked truck traffic across checkpoints on Ukraine’s borders with its western neighbors, members of the EU.
EU agri ministers in Brussels discussing food exports from Ukraine
EU Ministers of agriculture will discuss at the EU Council on Tuesday the impact of the export of Ukrainian farm products on European markets.
Germany's contribution to Energy Support Fund for Ukraine amounts to €225 million
Germany's total contributions to the Energy Support Fund for Ukraine have already reached EUR 225 million. The country also sent 89 cargoes of aid to the energy sector to Ukraine.
Four new crossing checkpoints may open on Ukraine-Poland border
Prime Minister Denys Shmyhal of Ukraine discussed with his Polish counterpart Donald Tusk the establishment of four more crossing checkpoints on the border between the two countries.
British intelligence assesses situation with Ukrainian exports through Black Sea
In December 2023, Ukraine’s ports exported more agricultural products than at any point since Russia's invasion, almost certainly due to the reopening of Ukraine's main Black Sea ports and the establishment of a unilateral shipping export channel.
NBU sells $531M on interbank market in past week
The National Bank of Ukraine (NBU) sold $531 million on the interbank foreign exchange market over the past week.
22 January 2024
After blockade was suspended, almost 5,000 trucks left for Poland
Checkpoints are restoring capacity after the blockade was suspended, and about 5,000 trucks have already left for Poland.
MoE is going to transform program of affordable loans
The Ministry of Economy plans to transform the program "Affordable Loans 5-7-9%" so that loans are issued to businesses for investment purposes or to businesses from the de-occupied territories.
Almost 300 auctions held via Prozorro.Sale since year-start
In January 2024, the organizers of auctions via the Prozorro.Sale system raised almost UAH 5 million. Revenues of UAH 462 million are still expected.
Deposit Guarantee Fund sold bankrupt banks’ assets worth almost UAH 5B in 2023
In 2023, the Deposit Guarantee Fund of Ukraine sold bankrupt banks’ assets worth more than UAH 4.9 billion at auctions held via the Prozorro.Sale system.
21 January 2024
Ukraine’s Monobank targeted in another massive DDoS attack
On Sunday evening, Ukraine’s major online banking service, Monobank, faced another major DDoS attack after another such disruption was tackled on January 19.
Ukraine among top three suppliers of agricultural products to EU
As of October 2023, Ukraine reduced its supplies of agricultural products to the European Union almost to the level of pre-war 2021, although it remained among the top three suppliers of such products to the EU, and at the same time significantly increasing consumption of European agricultural exports.
Government earmarks UAH 33.4B to support communities
The Ukrainian government has approved a mechanism for distributing additional subventions for territorial communities, with a total amount of UAH 33.4 billion.
20 January 2024
More than 7,700 new businesses registered in Chernivtsi region in 2023
More than 7,700 new businesses were registered in the Chernivtsi region last year, which is almost 2,000 more than in 2022.