Founded in 1918
Sunday, 24 November 2024, 10:35
Russia's invasion has damaged or destroyed up to 30% of Ukraine's infrastructure at a cost of $100 billion. The reconstruction could be achieved in two years using frozen Russian assets to help finance it.
The National Bank of Ukraine changed account details for transferring funds in U.S. dollars (USD) to support the Armed Forces of Ukraine and for humanitarian assistance.
French President Emmanuel Macron says t France doesn’t need Russian gas and will continue to push for sanctions on Russian gas supplies.
A third of Ukrainian agricultural fields will not be used to sow wheat and other crops as a result of hostilities.
18 April 2022
Ukraine continues to work towards integrating into the European Union, particularly in the free roaming network and free payment space.
Ukraine will receive $500 million in financial assistance from international partners.
The next package of sanctions that the European Union is set to impose on Russia must lay down an embargo on Russian oil.
Continued economic support by Ukraine's partners is very important for rebuilding Ukraine.
17 April 2022
President of Ukraine Volodymyr Zelensky discussed with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva the issues of ensuring Ukraine's financial stability and preparations for post-war reconstruction.
In the coming months, the Ukrainian budget deficit could reach $5 billion therefore financial assistance from the West is needed more than ever.
As part of sanctions endorsed by the European Union, Russian-flagged ships are not allowed to enter Estonian ports from April 17, 2022.
As Ukraine continues to fight against Russia's unprovoked invasion and Russian troops continue to launch missile attacks and bomb Ukrainian cities and villages, killing civilians and destroying critical civilian infrastructure, the EU has allocated an additional EUR 50 million in humanitarian aid to the most vulnerable groups in all regions of Ukraine.
The head of the Ukrainian President's Office, Andriy Yermak, has said that an oil embargo could be part of the sixth package of EU sanctions against Russia.
Inflation in Ukraine will reach 10-20% this year.
President Volodymyr Zelensky has told the government to work toward housing all Ukrainians who lost their homes as a result of the Russian war, as well as for all those who defend the nation at the front line and work in the public interest.
Starting April 17, in line with the fifth package of sanctions imposed by the European Union over Russia’s aggression against Ukraine, all seaports in Belgium will suspend servicing commercial vessels flying a Russian flag, with certain exemptions remaining in place, laid down in the EU decision.
16 April 2022
As a result of full-scale Russian aggression, more than a thousand educational facilities across Ukraine were damaged or completely destroyed.
Electricity tariffs for Ukrainian households consuming under 250 kWh per month will not increase for the next six months.
The sowing campaign has started in all regions of Ukraine, including Luhansk and Donetsk regions.
A total of 240 kilometers of roads have been cleared in Ukrainian regions liberated from Russian invaders.
15 April 2022
Minister of Energy of Ukraine German Galushchenko has welcomed Poland's decision to abandon coal supplies from the Russian Federation and Belarus, as well as to ban these nations’ transit via its territory.
Britain will have enough gas supply to meet demand from April to September, and will even ship more gas to Europe due to low storage levels there.
A group of Ukrainian and international experts tracks the Russian oil transportation routes to prevent the Russian Federation from circumventing sanctions.
President of Ukraine Volodymyr Zelensky and members of the Cabinet of Ministers have discussed current economic issues during martial law in Ukraine.
Some UAH 685 billion worth of cash was in circulation as of April 1.
The value of renewable energy assets located in the combat zone exceeds $5.5 billion.
The IMF has stepped up emergency financing to help Ukraine, launched a special account for further funding, and works with international partners to prepare for the massive reconstruction effort.
14 April 2022
Ireland is in favor of including a Russian oil embargo in the sixth round of EU sanctions.
Ukraine is not planning to impose restrictions on the export deliveries of certain agricultural products, namely barley, corn, rapeseed, soybeans, sunflower seeds and sunflower oil.