‘Forests of Ukraine’ plant almost 5,000 ha of new trees this year
Nearly 5,000 hectares of new trees were planted during the large-scale reforestation campaign in Ukraine from January to November 2024.
Economy - Latest news
04 December 2024
03 December 2024
EP's Foreign Affairs Committee discusses strengthening sanctions against Russia with Ukrainian MPs
Sanctions against Russia and its allies must be strengthened to cripple the Russian war machine more effectively, with expanded sanction lists and rigorous enforcement.
Sybiha, Blinken sign USD 825M assistance agreement for Ukraine's energy system
Ukraine's Minister of Foreign Affairs, Andrii Sybiha, and U.S. Secretary of State, Antony Blinken, signed a memorandum of understanding between the governments of Ukraine and the United States on cooperation to enhance the resilience of Ukraine's energy system.
Polish minister: Warsaw committed to preventing farmers from blocking Ukraine border
The Polish authorities are doing everything possible to reach an agreement with local farmers to prevent future blockades of the Polish-Ukrainian border.
Prices at filling stations now at lowest possible levels – expert
Due to high competition and market saturation, fuel prices are currently at the lowest possible levels.
‘Firewood law’ does not differentiate between household storage and illegal timber for commercial use - Bolokhovets
The draft law, No.9665, which aims to combat illegal logging and timber sales, contains clauses that allow for different interpretations. In particular, the legislation does not distinguish between the concepts of household storage of firewood and the use of illegal wood for commercial purposes.
Ukraine exports over 18M t of grain this year
Ukraine has exported 18.380 million tonnes of grains and legumes since the beginning of 2024/2025 marketing year (MY).
Ukrenergo recorded increase in electricity consumption
On Monday, December 2, electricity consumption in Ukraine as of 6:00 a.m. is 6% higher than on November 29.
02 December 2024
This year, consolidated budget received UAH 1T 423.3B in taxes
Revenues to the consolidated budget in January-November 2024 from payments controlled by the State Tax Service of Ukraine amounted to UAH 1423.3 billion.
Ukraine's EU membership could boost EU economy – Costa
Ukraine could have a positive impact on overcoming vulnerabilities in the competitiveness of the European Union, which were discussed in a plan to stop the EU's economic decline.
01 December 2024
Power engineers restore damaged power line to Zaporizhzhia NPP
Ukrenergo repair crews have repaired damage to a high-voltage line that supplies power to the Zaporizhzhia nuclear power plant temporarily seized by Russians.
Ukraine seeks investments to strengthen defense capabilities – Shmyhal
Ukraine needs investments to bolster its defense capabilities, drawing on models like the "Danish model."
To keep Russia from dodging sanctions world needs unity - Costa
The European Union is aware of the existing problems with Russia evading international sanctions, but since Moscow receives critical components and spare parts through third countries, stopping these schemes requires the united efforts of the whole world.
Ukraine informs partners of Russia’s sanction evasion - Zelensky
The Ukrainian side has provided European partners with lists of companies selling their products to Russia, despite sanctions imposed, and is now expecting to see a reaction on the part of the European Union.
EU to support Ukraine financially throughout next year - Costa
The European Union will continue to provide Ukraine with economic, humanitarian and military assistance, including by allocating EUR 4.2 billion to support the Ukrainian budget by year-end, and next year EUR 1.5 billion will be sent to Ukraine every month from the proceeds derived from frozen Russian assets, including to finance Ukraine's defense spending.
At Luzhanka-Beregsurany checkpoint, empty trucks will be allowed to pass by electronic recording
Starting December 2, empty trucks will be able to cross the border with Hungary only by electronic recording at the Luzhanka-Beregsurany international automobile checkpoint.
More than 400,000 Ukrainians have already applied for Winter eSupport - MoE
Since the launch of the Winter eSupport program, more than 400,000 citizens have applied for the payment.
Power engineers supplied power to more than 14,000 consumers cut off from electricity supply due to hostilities - MoE
Yesterday, power companies restored electricity supply to more than 14,000 consumers who were cut off as a result of hostilities.
Power outages in Ukraine scheduled from 13:00 to 22:00
Hourly power outages on Sunday, December 1, scheduled from 13:00 to 22:00, will involve a single group of household consumers.
PM of Ukraine says it is currently impossible to even partially open airspace
Prime Minister Denys Shmyhal emphasized that given the security situation, it is currently impossible to partially open the airspace, so it is important to develop alternative routes for the delivery of goods and passengers.
30 November 2024
Financial institutions show strong resilience to adverse events – NBU
According to the National Bank of Ukraine's (NBU) November survey on systemic risks, 97% of executives from the country’s largest banks and non-bank financial institutions rated the financial sector's resilience as moderate or higher.
Ukrainian Vice PM for Reconstruction, EU Commission representative discuss port infrastructure, Ukraine Facility
Oleksii Kuleba, Vice Prime Minister for Reconstruction of Ukraine and Minister for Communities and Territories Development, met with Magda Kopczynska, Director General of the European Commission's Directorate-General for Mobility and Transport (DG MOVE).
29 November 2024
Ukrenergo restoring facilities after Russian strikes
During the two most recent massive attacks on Ukraine's energy system on November 17 and 28, Russia launched 211 missiles and 187 kamikaze drones.
Situation with electricity is complicated, but integrity of system is not violated - PM
As of now, the situation in the energy sector is controlled by Ukrenergo dispatchers, and the integrity of the energy system has not been compromised.
All Ukraine’s NPPs lower power levels as precaution against shelling – IAEA
Ukraine’s three operating nuclear power plants reduced their electricity generation on Thursday morning as a precautionary measure following recent attacks on the country’s energy infrastructure, which have further endangered nuclear safety.
Factory in Finland to start manufacturing drones for Ukraine
Finland’s Summa Defense will set up a production facility in Finland that will manufacture drones in collaboration with Ukrainian partners.
Ukraine joins Europe Startup Nations Alliance
The Ukrainian Startup Fund has joined the Europe Startup Nations Alliance (ESNA), a European initiative aimed at supporting and developing startup ecosystems.
28 November 2024
Norway approves EUR 3.1B in aid to Ukraine for next year
On November 28, the Norwegian Parliament supported the extension of the Nansen Support Program for Ukraine for another three years and allocated at least 35 billion Norwegian kroner (EUR 3.1 billion euros) in aid to Ukraine next year.
EU, Ukraine sign memorandum for EUR 18.1B financial assistance – PM
The European Union and Ukraine have signed a Memorandum of Understanding necessary for the disbursement of EUR 18.1 billion in macro-financial assistance.
NSDC: 26.3% of GDP allocated to security, defense in next year's budget
In Ukraine's 2025 State Budget, over 2.2 trillion hryvnias, equivalent to 26.3% of GDP, has been earmarked for security and defense forces.