Founded in 1918
Sunday, 24 November 2024, 06:30
Over six days since Russia started a war on Ukraine, Energoatom National Nuclear Energy Generating Company of Ukraine has suffered about UAH 18 billion [the National Bank’s exchange rate as of March 3, 2022: USD 1 = UAH 29,2549 – Ed.] worth of losses.
The United States is ready to provide utmost assistance in the restoration of the Ukrainian infrastructure after the end of the war and the de-occupation of Ukrainian territories.
02 March 2022
Sanctions against Russia must be tough, including an embargo on non-Russian energy exports.
The Council of the European Union has introduced further restrictive measures in view of the Russian Federation’s unprovoked and unjustified military aggression against Ukraine. In particular, seven Russian banks were banned from SWIFT system.
There is a need to allocate EUR 100 billion from the EU budget to rebuild Ukraine’s destroyed infrastructure.
American Express joining a growing list of large multinational companies severing ties with Russia amid its war against Ukraine.
Boeing Co. has suspended parts and maintenance support for Russian airlines as well as its operations in Moscow.
28 February 2022
Ukroboronprom State Concern continues to supply military equipment to the Ukrainian Armed Forces and other security forces.
Deputy Prime Minister – Minister of Digital Transformation of Ukraine Mykhailo Fedorov asks global cryptocurrency exchanges to block users from Russia.
27 February 2022
The Ministry of Economy of Ukraine called on leading global IT companies to freeze all transactions and agreements with Russia and stop providing any services to the aggressor country.
25 February 2022
Authorized institutions have been banned from conducting any foreign exchange transactions using Russian and Belarusian rubles, as well as with the participation of Russia and Belarus.
24 February 2022
The National Bank and the banking system of Ukraine have all the necessary resources to meet financial needs of the state.
23 February 2022
The Verkhovna Rada of Ukraine on Wednesday passed a law to increase the revenue and expenditure parts of the 2022 state budget by UAH 26.5 billion. Of these, UAH 16 billion was allocated for the Ministry of Defense to increase the state's defense capabilities and national security.
Currently, there are no economic reasons for worsening situation in Ukraine, except for panic. The country's economy and financial system remain stable.
UK Foreign Secretary Liz Truss has reiterated Britain’s commitment to guarantee up to $500 million in loans to support Ukraine and mitigate the economic effects of Russian aggression.
In the event of the introduction of a state of emergency, the Ukrainian banking system will operate as usual
Akhmetov's SCM will UAH 1 billion in taxes upfront to maintain the stability of state finances as part of assistance to Ukraine.
The Australian government has announced a new package of sanctions against Russia following its decision to recognize the independence of the so-called “L/DPR” in eastern Ukraine.
The mission of the International Monetary Fund is starting its work in Ukraine to discuss the second review of the Fund-supported program.
Kyiv wants to launch talks with the International Monetary Fund on a new cooperation program in April to reassure markets that have been rattled by Russia's aggressive actions.
The Ukrainian Ministry of Finance raised UAH 3.5 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry's press service.
President of Ukraine Volodymyr Zelensky discussed joint humanitarian projects and the transformation of frontline territories with British billionaire, founder of Virgin Group Richard Branson.
Prime Minister of Ukraine Denys Shmyhal has said that Putin’s recognition of the self-proclaimed "DPR" and "LPR" as independent does not affect the economic life of Ukraine.
The President of Ukraine announced the launch of an economic patriotism program in the country.
22 February 2022
Germany has decided to suspend the certification of the Nord Stream 2 gas pipeline amid the latest decisions made by Russian President Vladimir Putin.
President of Ukraine Volodymyr Zelensky has invited Estonian investors to take active part in energy, infrastructure projects and development of Ukraine’s IT industry.
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 658.3 billion as of February 1, 2022, Ukrinform reports, referring to the Fund’s press service.
Ukraine is initiating suspension of the Russian Federation from membership in the European Bank for Reconstruction and Development due to its recognition of illegal entities in certain areas of the Donetsk and Luhansk regions.
Amid growing fears of Russian aggression, prices of U.S. dollar Eurobonds, GDP-linked bonds and other sovereign securities of Ukraine have dropped significantly.