Ukraine, EU agree on next steps to implement Common Aviation Area Agreement
Ukraine and the EU have agreed on the next steps to implement the Common Aviation Area Agreement and touched upon the removal of trade barriers.
Economy
Ukraine, Moldova discuss synchronization with ENTSO-E, security of gas supply
Ukraine's Energy Minister German Galushchenko has met with Moldova's Deputy Prime Minister and Minister of Infrastructure and Regional Development Andrei Spinu to discuss the synchronization of the two countries' power systems with the European network ENTSO-E, the Ukrainian Energy Ministry's press service has reported.
Parliament plans to allocate additional UAH 2.5B for roads, infrastructure projects
The Verkhovna Rada of Ukraine intends to amend the state budget for 2021 and envisage additional expenditures on social issues and infrastructure projects.
Deposit Guarantee Fund paid UAH 50M to depositors of insolvent banks in October
The Deposit Guarantee Fund paid UAH 49.8 million to depositors of insolvent banks in October 2021, according to the Fund’s press service.
Parliament plans to unite Pension Fund and Social Insurance Fund
The Verkhovna Rada of Ukraine has approved bill No.3663 “On Amendments to the Law of Ukraine ‘On Compulsory State Social Insurance’ (new edition) and other legislative acts of Ukraine”.
NBU develops draft anti-corruption program for 2022-2023
The National Bank of Ukraine proposes for public discussion a draft Anti-Corruption Program for 2022-2023, which envisages a set of measures to prevent, detect and combat corruption in the central bank
Banks provided UAH 6.5B of loans under state guarantees – Finance Ministry
As of November 1, 2021, ten banks provided loans for a total sum of UAH 6.5 billion under state guarantees on a portfolio basis, Ukrinform reports, referring to the Finance Ministry’s press service.
Belarus stops electricity supplies to Ukraine on Nov 18
On November 18, Belarus will stop recently resumed electricity supplies to Ukraine.
17 November 2021
Ukraine plans to increase its contribution to food security of Gulf countries
The officials of Ukraine and the UAE discussed bilateral projects in the context of strengthening the role of Ukraine as a contributor to the food security of the Gulf countries.
Government approves strategy for digitalization of public financial management system
The Cabinet of Ministers has approved the Strategy for Digital Development, Digital Transformation and Digitalization of the Public Financial Management System until 2025, according to the Finance Ministry’s press service.
Parliament approves law on activities of Bureau of Economic Security
The Verkhovna Rada of Ukraine has adopted the Law "On Amendments to the Administrative and Criminal Legislation Concerning the Implementation of the Activities of the Bureau of Economic Security of Ukraine" (No.3959-1).
Azur Air Ukraine launches direct flights from Odesa to Egyptian resort
The Ukrainian airline Azur Air Ukraine will open flights from Odesa to the Egyptian city of Marsa Alam on the Red Sea coast.
Stefanchuk signs law on expanding lending opportunities for farmers
Chairman of the Verkhovna Rada Ruslan Stefanchuk has signed the Law "On the Fund for Partial Credit Guarantee in Agriculture" (No.3205-2).
Finance Ministry places government bonds for UAH 8.16B
The Ukrainian Ministry of Finance raised UAH 8.159 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry's press service.
Zelensky: FTA with Turkey to promote economic growth
President of Ukraine Volodymyr Zelensky and President of Ukraine Recep Tayyip Erdogan in a phone conversation have discussed issues related to the conclusion of a free trade agreement between the two countries.
16 November 2021
Ukraine to launch large-scale energy modernization program next year – Shmyhal
At the initiative of President Volodymyr Zelensky, a large-scale energy modernization program will be launched in Ukraine next year.
Ships with coal will arrive in Ukraine in Nov-Dec - Shmyhal
Seven ships with coal are expected to arrive in Ukraine in late November or early December, so there will be no problems with the heating season, Prime Minister Denys Shmyhal has said.
Parliament adopts law on critical infrastructure
The Verkhovna Rada passed the Law of Ukraine "On Critical Infrastructure".
Vitrenko calls Gazprom's intention to create new Nord Stream 2 operator mockery
Against the background of the suspended certification of Nord Stream 2 AG as the operator of the Nord Stream 2 gas pipeline, Gazprom has announced its intention to create a new subsidiary that will be responsible for the pipeline in the territory of Germany.
Germany suspends certification of Nord Stream 2
The Federal Network Agency of Germany (Bundesnetzagentur) has suspended the procedure to certify Nord Stream 2 AG as an independent transmission operator.
Ukraine’s exports rise 38% in Jan-Sept 2021
In January-September 2021, compared to the same period in 2020, Ukraine’s imports of goods grew by 31.9% to $50.35 billion, exports - by 38.2% to $48.38 billion, according to the State Statistics Service.
Ukraine’s GDP grew by 2.4% in Q3 2021
Ukraine’s gross domestic product (GDP) rose by 2.4% in the third quarter of 2021 compared to the same period last year, according to the State Statistics Service.
Eastern Partnership will create new opportunities for Ukrainian business - Kuleba
The Economic and Investment Plan of the Eastern Partnership initiative will create new jobs and opportunities for Ukrainian business, Ukrainian Foreign Minister Dmytro Kuleba has said.
Ukrainian, Spanish foreign ministers discuss development of bilateral cooperation
Minister for Foreign Affairs of Ukraine Dmytro Kuleba discussed with Minister for Foreign Affairs, EU and Cooperation of Spain Jose Manuel Albares the development of trade and bilateral cooperation.
Naftogaz to participate in certification of Nord Stream 2 – Vitrenko
NJSC Naftogaz of Ukraine welcomes the decision of the Federal Network Agency of Germany (BundesNetzAgentur, BNetzA) to satisfy the company's application for participation in the certification process of the Nord Stream 2 gas pipeline operator and is ready to present its position in the near future.
15 November 2021
Buckwheat, bread and flour: How grocery prices changed over year
From October 2020 to October 2021, only millet decreased in price among grocery products in Ukraine – by 2.3%, up to UAH 17.48 per kg, Ukrinform reports with reference to the State Statistics Service.
NBU purchased $858M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $858.3 million on the interbank foreign exchange market last week, Ukrinform reports, referring to data provided by the central bank.
PM Shmyhal: Almost UAH 2B invested in Ukraine's oil and gas industry
According to preliminary estimates, at least UAH 1.9 billion will be invested in the oil and gas industry under two production sharing agreements within Hrunivska and Okhtyrska fields.
Ukrainian banking sector profitability exceeded pre-crisis level of 2019
In July-September 2021, the Ukrainian banking sector profitability exceeded the pre-crisis level of 2019 and amounted to UAH 21.3 billion.