Ukraine completes EU screening for enterprise, industrial policy
Ukraine has completed an official screening of legislative compliance with EU standards under Chapter 20 ‘Enterprise and Industrial Policy’.
Economy - Latest news
01 May 2025
30 April 2025
Minerals deal with U.S. may be signed within 24 hours – PM Shmyhal
Prime Minister Denys Shmyhal expressed hope that the minerals agreement between the governments of Ukraine and the U.S. will be signed within the next 24 hours.
Ukraine’s power plants to deploy nearly 1 GW of generation this year, PM says
The Cabinet of Ministers plans to draw up by May 15 a detailed plan to prepare for the heating season.
Police seize nearly UAH 20 billion worth of Russian property in Ukraine
The National Police of Ukraine continues systematic work to identify, seize and transfer assets related to Russian capital to the state, and the total value of the seized property reaches UAH 20 billion.
Ukraine, Lithuania discuss joint defense industry projects
A Ukrainian delegation met with Lithuania's Deputy Foreign Minister, Julius Pranevicius, to discuss the development of joint projects in the defense industry.
Minister Koval invites Danish businesses to invest in Ukraine’s agriculture
Ukrainian Agrarian Policy and Food Minister Vitalii Koval has called on Danish business representatives to invest in Ukraine’s agricultural sector, especially the creation of processing facilities, and enter global markets with the products made under joint brands.
29 April 2025
New business opportunities, full market access: Cabinet approves FTA with UAE
The Cabinet of Ministers endorsed a draft law on the ratification of the Comprehensive Economic Partnership Agreement between the Government of Ukraine and the Government of the United Arab Emirates (UAE).
Ukraine loses nearly 50% of its gas production due to Russian attacks – PM Shmyhal
This winter, Russia carried out a series of large-scale attacks on Ukraine’s gas extraction infrastructure, causing a loss of nearly 50% of the country’s total gas production.
Brave1 Market: Ukraine launches marketplace for cutting-edge defense technologies
Brave1 Market — a marketplace for cutting-edge technologies designed for Ukrainian military forces — has officially launched in Ukraine.
Naftogaz signs agreement attracting funds from EBRD, Norway to purchase gas
Naftogaz of Ukraine NJSC has signed an agreement attracting EUR 270 million in loan funds from the European Bank for Reconstruction and Development (EBRD) and a grant agreement with Norway, totaling EUR 140 million, to urgently purchase 1 billion cubic meters of gas.
Kremlin to prepare Russians for falling living standards - Ukraine officials
The Russian authorities have started to prepare the population for a decrease in budget revenues a decline in living standards due to the war on Ukraine.
28 April 2025
Sergii Koretskyi appointed new CEO of Naftogaz
Sergii Koretskyi has won the competition for the position of CEO at NJSC Naftogaz of Ukraine.
Gas supply restored in Cherkasy following Russian drone attack
Gas supply has been successfully restored in Cherkasy after disruptions caused by a Russian drone attack.
Ukraine ready to help Europe restore power supply – Halushchenko
Ukraine is ready to share with the European partners its experience in restoring electricity supply to stabilize the energy system after massive power outages.
Russia intends to supply gas to Iran - Ukraine intel
Russia plans to start supplying its natural gas to Iran as early as 2025, utilizing both existing gas mains and laying new branches.
27 April 2025
Ukraine expects additional $1.9B from IMF by year-end – Ministry of Finance
Successful reviews of Ukraine's IMF program are expected to unlock an additional $1.9 billion in funding by the end of this year.
Seized ship smuggling stolen Ukrainian grain from Crimea sailed under Tanzanian flag – social media
The foreign vessel seized on April 25 for assisting Russia in stealing agricultural products from temporarily occupied regions of Ukraine turned out to be the bulk carrier ANKA, which sails under the flag of Tanzania.
26 April 2025
Ukraine received EUR 50.5B in budget support from EU since 2022
Since the start of the full-scale invasion, the European Union has provided EUR 50.5 billion in budget support to Ukraine.
Shmyhal, Georgieva discuss support for Ukraine in 2025-2026
Ukrainian Prime Minister Denys Shmyhal and IMF Managing Director Kristalina Georgieva discussed continued support for Ukraine in 2025-2026.
Ukraine expects over $39B in budget support this year – Shmyhal
Ukraine anticipates receiving more than $39 billion in budget support this year, with these resources already confirmed by international partners.
SSU detains Russian ‘shadow fleet’ vessel that assisted with stealing Ukrainian grain from Crimea
The Security Service of Ukraine (SSU) has detained and arrested a foreign vessel that assisted Russia with stealing Ukrainian agricultural products from the temporarily occupied regions.
Galushchenko, Lochman discuss protection of Ukraine’s energy system
Ukrainian Energy Minister German Galushchenko and Acting Assistant Secretary at the Bureau of Energy Resources of the U.S. Department of State Laura Lochman have discussed the need to strengthen the protection of Ukraine’s energy system.
Ukraine and Finland discuss cooperation on constructing shelters for defense plants
The Ministry of Strategic Industries of Ukraine held discussions with representatives of Finnish companies to collaborate on creating protected production facilities.
25 April 2025
Ukraine's PM, World Bank president discuss joint projects, 2026 financing
Ukrainian Prime Minister Denys Shmyhal met with World Bank President Ajay Banga to discuss the implementation of ongoing joint projects, the launch of new initiatives, and securing financing for 2026.
Ukraine to receive $70M from World Bank to support energy system – Shmyhal
The World Bank will provide Ukraine with $70 million to help maintain the stable functioning of its energy system.
Ukraine signs agreement with EBRD to strengthen energy resilience
During a meeting in Washington, Ukrainian Prime Minister Denys Shmyhal and EBRD President Odile Renaud-Basso signed an agreement aimed at strengthening Ukraine's energy resilience.
Ukraine, South Africa to work on lifting export restrictions
Ukraine and South Africa have agreed to prepare mutual recognition protocols aimed at lifting restrictions on the export of Ukrainian products.
Talks on minerals deal progressing – Marchenko
Ukraine and the United States are moving closer to finalizing an economic partnership agreement, but negotiations are still ongoing.
Public debt restructuring: Ukraine continues talks with all holders of GDP warrants
Ukraine has offered the holders of GDP warrants two restructuring options.
24 April 2025
Chernyshov meets with EBA representatives
Deputy Prime Minister and Minister of National Unity Oleksiy Chernyshov held discussions with representatives of the European Business Association (EBA) to explore the role of businesses in fostering national cohesion and facilitating the return of Ukrainians from abroad.