Ukraine terminates agreement with Belarus on investment protection
The Cabinet of Ministers of Ukraine has approved a draft law to terminate the Ukrainian-Belarusian intergovernmental agreement on the promotion and mutual protection of investments.
Economy - Latest news
16 December 2023
15 December 2023
EBRD to provide €150M to Ukraine to support energy security - Shmyhal
Ukraine and the European Bank for Reconstruction and Development have signed an agreement to provide EUR 150 million to support Ukrenergo through the heating season.
Security system at ZNPP degrading: SNRIU head names risks
The safety system at the temporarily occupied Zaporizhzhia Nuclear Power Plant continues to degrade. The personnel at the plant are incompetent.
Japan imposes sanctions on 57 Russian companies
On Friday, December 15, the Japanese government introduced new restrictive measures against Russia for its war against Ukraine.
Slovakia starts letting trucks from Ukraine through - 100 trucks/day
The Slovak side allows about 100 trucks to pass through per day, and there has been no official announcement of the end of the strike.
Three border crossing points from Poland still blocked - 2,600 trucks waiting to enter
There are 2,600 trucks in queues at the border with Poland to enter Ukraine.
World Bank allocates $1.34 billion in additional aid to Ukraine
The World Bank announced on Thursday, December 14, the allocation of $1.34 billion in additional financial assistance to ensure the provision of critical public services at the national and regional levels in Ukraine.
EU Council urges European Commission to develop capacity of ‘solidarity lanes’ with Ukraine
The European Council has stressed the importance of security and stability in the Black Sea region for Ukraine’s grain exports to world markets and urged the European Commission, together with its Member States, to increase the capacity of "solidarity lanes" on the borders with Ukraine.
Ukraine receives EUR 50M grant from KfW
On 14 December, Ukraine received EUR 50 million on a non-refundable basis from the KfW as part of the state support programme Affordable Loans 5-7-9%.
HACC Appeals Chamber reverses decision to close "Rotterdam+" case
The Appeals Chamber of the High Anti-Corruption Court of Ukraine (HACC) has overturned the decision of the court of first instance that closed the so-called "Rotterdam+" case.
NBU reduces key policy rate to 15%
The National Bank of Ukraine (NBU) has decided to reduce its key policy rate to 15%.
Naftogaz starts developing decarbonization strategy - CEO
Naftogaz Group is starting a decarbonization strategy development.
14 December 2023
Cyberattack on Ukraine’s telecom giant Kyivstar one of largest ever recorded in Europe
The cyberattack on Kyivstar was one of the most powerful telecom breaches seen in Europe in its entire history.
Bulgarian parliament approves allocation of EUR 3.6B in aid to Ukraine
Bulgaria's National Assembly has ratified an agreement with the European Commission for the provision of EUR 3.6 billion in micro-financial aid to Ukraine, which is the second stage of planned assistance.
MEP: Border blockade serves only Kremlin's interests
The plenary session of the European Parliament discussed the blockade of transport routes between Ukraine and Poland and Slovakia and emphasized the need to ensure the proper functioning of the solidarity lanes.
Sweden approves EUR 124M winter aid package for Ukraine
The Swedish government on Thursday approved a winter aid package for Ukraine worth EUR 124 million, which Prime Minister Ulf Kristersson announced a few days earlier.
Trade volume between Türkiye, Ukraine reaches record high of $8B
Since the outset of Russia’s full-scale invasion, the volume of trade between Ukraine and Türkiye has reached the historic high as Turkish investors continue to implement their projects in Ukraine despite the ongoing war.
Ukraine receives about $900M from IMF
Today, on December 14, Ukraine received the third tranche of financing in the amount of about USD 900 million (SDR 663.9 million) from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program.
Border guards: 520 trucks waiting to enter Ukraine in Slovakia
At the Uzhhorod checkpoint on the Slovak border, 520 trucks are waiting to enter Ukraine.
2,600 trucks in line at border with Poland
There are about 2,600 trucks on the Polish-Ukrainian border, and traffic is being blocked at three checkpoints.
Movement of trucks to enter Slovakia from Ukraine partially resumed – border guards
The movement of trucks to cross into to Slovakia from Ukraine has been partially resumed.
Japan to help develop Kherson master plan
The Japan International Cooperation Agency (JICA) will help Kherson develop a master plan.
LTG Cargo plans to launch weekly container train to Ukraine
LTG Cargo, a transport company of the Lithuanian Railways (Lietuvos geležinkeliai, LTG), is going to launch a weekly container train to Ukraine due to the complicated situation at the automobile border crossing points.
Ukraine, Türkiye ready to ratify FTA
The governments of Ukraine and Türkiye are ready to ratify the Free Trade Agreement in the near future.
Government backs bill to make use of international aid by companies more transparent
The Cabinet of Ministers of Ukraine has supported the draft law "On amendments to certain Laws of Ukraine on reporting in the framework of attracting international assistance".
Ukraine's economy shows positive signals - Shmyhal
Despite the huge economic downturn at the beginning of the war, Ukraine's economy is now showing positive signals.
13 December 2023
Shmyhal, Pritzker discuss strengthening of Ukraine's economic resilience
Ukrainian Prime Minister Denys Shmyhal has discussed the strengthening of Ukraine's economic resilience during a virtual meeting with U.S. Special Representative for Ukraine's Economic Recovery Penny Pritzker.
Together with partners, Ukraine preparing a matrix of reforms – PM Shmyhal
Together with international partners, Ukraine is engaged in the preparation of analytical data on all the reform commitments it has undertaken.
4,300 trucks in queues at Ukraine borders
There are about 2,600 trucks on the Polish-Ukrainian border, and traffic is being blocked at three checkpoints.
Hungary ready to lift its veto on €50B EU aid for Ukraine, names condition
Hungary is ready to lift its veto on the EU's current €50 billion funding offer to Ukraine if the EU unfreezes the €30 billion intended for Budapest.