Germany signs investment insurance guarantee with Fixit to support its work in Ukraine
The creation of insurance guarantee programs by Ukraine's partners for their residents encourages foreign companies to invest in the Ukrainian economy now.
Economy
PEP Law: facts and speculation
Why the new rules of financial monitoring of politically exposed persons caused a flurry of criticism and rejection
Ukraine negotiating with European Commission on financial support worth EUR 18B – Shmyhal
The government of Ukraine is holding talks with the European Commission on the provision of EUR 18 billion in 2024 to cover the budget deficit that will amount to about USD 42 billion.
Zelensky: Ukraine is working on agreements with partners on joint production of air defense systems
Ukraine is working to conclude agreements with international partners on the joint production of air defense systems to protect Ukrainian skies.
Ukrgazvydobuvannia boosts gas deposit exploration efforts by 50% in 2023
In January-September, Geophysical Directorate Ukrgazpromgeofizyka, a branch of JSC Ukrgazvydobuvannia, completed 2,000 deployments to take samples from promising deposits, which is 50% more than made January through September in 2022.
Over UAH 11B raised at Prozorro.Sale auctions this year
Since the beginning of 2023, as of October 16, UAH 11.04 billion has been raised to the budgets at auctions in the Prozorro.Sale system.
Ukrainian farmers raise UAH 60.1B of development loans
Ukrainian agricultural enterprises have raised UAH 60.1 billion worth of loans from banks for development purposes since the beginning of 2023.
23 October 2023
Ukraine facing no default despite large public debt - financial expert
There is no threat of default despite significant growth of Ukraine’s public debt.
Former MEP Harms praises Ukraine’s rapid energy transformation
The war unleashed by Russia forces Ukraine to accelerate its energy transformation efforts, withdrawing from the obsolete Soviet-era centralized system.
EU has to work on strengthening corridors for Ukrainian grain - German Minister
The European Union should make every effort to ensure that Ukraine can export its agricultural products, and that the countries of the Global South receive Ukrainian grain.
Ukraine receives EUR 1.5B from EU - PM Shmyhal
Ukraine received a ninth macro-financial assistance tranche of EUR 1.5 billion from the European Union.
No energy consumption caps introduced in Ukraine so far
Ukrenergo NEC is not introducing electricity consumption limits as of October 23 as domestic generation fully covers the existing demand of all categories of consumers.
Ukrenergo to launch joint auctions for crossing with Romania in November
The National Energy Company Ukrenergo and the Romanian transmission system operator Transelectrica will hold the first joint auction for the sale of access to the interstate crossing on November 2.
Ukraine has UAH 727.9B in cash turnover as of Oct 1 - NBU
As of October 1, 2023, Ukraine had UAH 727.9 billion cash in circulation.
22 October 2023
DTEK Energo imports 40,000 tons of coal from Poland for heating season
DTEK Energo imported 40,000 tons of coal from Poland ahead of the heating season, and another 170,000 tons are yet to be imported.
Economy Ministry calculates labor market need for specialists for 2024-2027
The Ministry of Economy of Ukraine prepared a forecast of the need for specialists and personnel in the labor market in the medium term. Emphasis is put on labor specialties in industry and construction.
Situation worsening at Russia-captured nuclear power plant - energy minister
The situation at the Zaporizhzhia nuclear power plant that remains under the control of the Russian invasion forces has further deteriorated.
Norway to expand assistance in Ukraine’s energy transformation
The Ministry of Energy discussed the issue of intensifying cooperation within the Norwegian Nansen Support Program for Ukraine worth 75 billion kroner.
Russia commits 2,500 environmental crimes in Ukraine - Economy Minister
From the outset of a full-scale invasion, Russia has committed 2,500 environmental crimes.
21 October 2023
Mine action strategy should be developed by year-end - Svyrydenko
The mine action strategy for Ukraine should be worked out by the government by the end of 2023.
PricewaterhouseCoopers to help Ukraine assess war-related environmental damage - minister
Ukraine and PricewaterhouseCoopers consultancy signed a memorandum of understanding on support in the investigation and assessment of environmental damage caused by Russia's war of aggression.
Germany to finance master plan for restoration of Mykolaiv
As part of the international project for the reconstruction of Ukrainian cities #UN4Kharkiv, Germany will provide financial support for drafting a master plan for the reconstruction of Mykolaiv.
Power supplies restored to 13,000 consumers in past day - Energy Ministry
On Friday, October 20, electricity supplies were resumed to almost 13,000 consumers, most of them in Donetsk region.
NBU interventions: central bank sells $735.48M on interbank market over week
The National Bank of Ukraine sold $735.48 million in the interbank foreign exchange market in the past week.
Finnish investigators find “heavy object” possibly involved in Balticconnector incident
Finnish authorities are examining a heavy object recovered from the seabed amid their ongoing probe into the recent Balticconnector gas pipeline rupture.
Germany allocates EUR 200M for Ukraine’s recovery
Germany will allocate an additional EUR 200 million for the recovery of Ukraine.
Serhii Marchenko, Minister of Finance of Ukraine
None of our partners is going to back out of their commitment to support us
Energoatom records slight decrease in water level in ZNPP cooling pond
As of today, October 21, the water level in the cooling pond at the Zaporizhzhia Nuclear Power Plant (NPP) is at 15.70 m.
Ukraine attracted almost $34B in external financing from its allies
Ukraine has attracted almost EUR 34 billion in external financing from its allies.