Ukraine can import up to 1.7 GW of electricity - Shmyhal
Ukraine can import up to 1.7 GW of electricity thanks to the decision of the European Network of Transmission System Operators for Electricity (ENTSO-E).
Economy - Latest news
13 December 2023
12 December 2023
U.S. hits Russia, its allies with another package of sanctions
The U.S. government has imposed sanctions against more than 250 individuals and entities in Russia and other countries associated with Russia’s full-scale invasion of Ukraine, as well as those helping Russia evade the restrictions introduced earlier.
PM calls for power consumption efficiency amid generation deficit
There is a capacity deficit in the Ukrainian power grid, so Ukrainians should save electricity, especially during peak hours.
Azerbaijan sends third batch of energy aid to Ukraine
Azerbaijan sent 20 trucks of humanitarian aid aimed at restoring Ukraine’s power system after Russian strikes, which is the third batch of such assistance.
600 trucks in line to enter Ukraine from Slovakia
As of the morning of December 12, nearly 600 trucks were waiting to cross into Ukraine at the Uzhhorod checkpoint.
Border blockade: instead of Slovakia, customs officers direct trucks to checkpoints with Hungary, Romania
Due to the protest of Slovak carriers in front of the Vyšné Nemecké-Uzhhorod checkpoint, customs officers in Zakarpattia region are sending trucks to other checkpoints.
Three checkpoints blocked on border with Poland, 2,600 trucks waiting in line
There are about 2,600 trucks on the Polish-Ukrainian border, and traffic is being blocked at three checkpoints.
U.S. House approves ban on Russian uranium imports
On Monday, December 11, the U.S. House of Representatives passed a bill prohibiting the import of uranium from Russia for nuclear power plants.
Zelensky meets with World Bank president to discuss strengthening Ukraine's economy
During his working visit to the United States of America, President Volodymyr Zelensky of Ukraine held a meeting with the President of the World Bank, Ajay Banga.
Zelensky discusses ways to strengthen Ukraine's financial system with World Bank president
As part of his working visit to the United States, President of Ukraine Volodymyr Zelensky met with President of the World Bank Ajay Banga.
IMF approves another $900M tranche for Ukraine
The Executive Board of the International Monetary Fund (IMF) on Monday approved the next tranche for Ukraine under the Extended Fund Facility (EFF).
Zelensky meets with IMF Managing Director in Washington
As part of his working visit to the United States, President of Ukraine Volodymyr Zelensky met with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva.
Ukraine exports over 13.9M t of grains, pulses
In the 2023/2024 marketing year (MY) (from July 1 to December 8, 2023), Ukraine exported 13.9 million tons of grains and legumes.
11 December 2023
Slovak carriers block truck traffic through Vyšné Nemecké
On December 11, at 16:10, representatives of the Slovak carriers' union blocked the movement of trucks through the Vyšné Nemecké checkpoint.
Trucks moving across border with Hungary, blockade now demonstrative - customs officers
The movement of trucks across the border with Hungary is not hampered. The blockade of the border by the Hungarians is currently demonstrative.
Polish carriers end blocking of Dorohusk-Yahodyn checkpoint
According to the information received from the Border Guard of the Republic of Poland, today at 14:00 (Kyiv time) the protest action of Polish carriers in front of the Dorohusk-Yahodyn checkpoint ended.
Slovak carriers to block only trucks leaving Ukraine - customs
Slovak carriers will only block the movement of trucks leaving Ukraine.
Slovak carriers resume blockade on border with Ukraine
The Union of Road Carriers of Slovakia (UNAS) has announced it resumes the blockade of the border with Ukraine at the Vyšné Nemecké-Uzhhorod border crossing point.
Remittances to Ukraine from migrant workers decrease by several billion dollars since war began
The annual amount of remittances to Ukraine from migrant workers has dropped to $10-12 billion since the start of Russia's full-scale invasion.
NBU sells $546M on interbank market in past week
The National Bank of Ukraine (NBU) sold $546 million on the interbank foreign exchange market over the past week.
10 December 2023
Ukraine, Bulgaria to cooperate in restoring Ukrainian environment
Ukraine and Bulgaria will implement joint projects to restore the Ukrainian environment.
Ukraine hopes Hungarian carriers’ rally not to turn into border checkpoint blocking
Hungarian freight carriers are set to start on December 11 a rally near the border with Ukraine, which the Ukrainian border guards hope will not turn into a blocking of border checkpoints.
Hungarian hauliers ready to block Zahony-Chop checkpoint
Hungarian road carriers are planning to block the Zahony-Chop crossing point on the border with Ukraine, demanding the cancellation of preferences for the country in the field of road freight transport.
Ukraine produces almost 2M t of mineral fertilizers in 2023
Ukraine produced almost 2 million tonnes of mineral fertilizers in 2023, according to Ukraine’s Ministry of Agrarian Policy and Food.
State Property Fund raises over UAH 73M at auctions in past week
In the past week, the State Property Fund of Ukraine held 15 auctions, raising over UAH 73 million to the budget.
09 December 2023
No prerequisites for blackouts - energy minister
Currently, there are no prerequisites for blackouts in Ukraine. However, in the case of Russian terrorist attacks on the power system, temporary blackouts are possible.
Ukraine’s Energy Support Fund raises EUR 330M - minister
More than EUR 330 million has already been accumulated in the special Ukraine Energy Support Fund.
Andriy Yermak, Alexander Soros discuss Ukraine’s recovery
Head of the Ukrainian President’s Office Andriy Yermak and American businessman and philanthropist, Chair of the Open Society Foundations Alexander Soros, discussed the development of Ukraine’s economy, including recovery and reconstruction.
Border blockade: MEPs call on Poland, EU leadership to take action
A group of members of European Parliament called on President of Poland Andrzej Duda and the heads of EU institutions to take measures to stop the blockade of the border with Ukraine by Polish carriers.
Ukrenergo gets emergency power supplies from Europe for third day in row
For the third day in a row, Ukrenergo, the operator or Ukraine’s unified power system, is seeking emergency assistance from European electricity transmission system operators to cover the deficit in the grid.