Economy - Latest news

28 November 2024

17:38

Ukraine to receive $22B from frozen Russian assets next year – Marchenko

Of the $50 billion planned to be raised from frozen Russian assets, the first portion of $22 billion will arrive in Ukraine in 2025.

16:03

Zelensky signs 2025 state budget bill into law

Ukrainian President Volodymyr Zelensky has signed the bill on Ukraine's state budget for 2025 into law.

15:24

World Bank approves $664M to Ukraine for social protection

The World Bank has approved USD 664 million for Ukraine under the INSPIRE social sector project.

14:18

Polish farmers may resume border blockades, Border Guard Service warns

Despite the current free flow of traffic at all border checkpoints between Ukraine and Poland, there is still the possibility of renewed border blockades by Polish farmers.

12:27

Russians attack Naftogaz Group facilities

Naftogaz Group facilities were among the targets of a large-scale Russian attack on the morning of November 28. However, the attack will not affect the provision of services to customers.

11:39

Massive Russian attack leaves enegy infrastructure damaged in several regions - operator

As a result of a massive combined attack on the Ukrainian power grid, energy infrastructure facilities sustained damaged in a number of regions.

07:22

Ukrenergo orders emergency power outage schedules in Ukraine

Ukraine's power grid operator Ukrenergo has ordered the introduction of emergency power outage schedules across the country.

05:23

Relocated companies in Poltava region pay over UAH 9M in taxes in Jan-Aug

In January-August 2024, the enterprises relocated to the Poltava region paid more than UAH 9 million in taxes to the consolidated budget.

02:43

Ukraine, Denmark to introduce fast-track mechanism for investments

Ukraine and Denmark have signed a memorandum of understanding on the introduction of a fast-track mechanism for investment that will facilitate the entry of Danish businesses into the Ukrainian market.

00:27

Norway plans to allocate $2.7B for assistance to Ukraine in 2025

Norway plans to raise fiscal support for Ukraine in 2025 to nearly $2.7 billion, according to the country’s prime minister Jonas Gahr Stoere.

27 November 2024

22:00

President vows to sign bill on state budget for 2025 into law on Nov 28

Ukrainian President Volodymyr Zelensky will sign the bill on Ukraine's state budget for 2025 into law on Thursday.

20:20

Zelensky could sign off budget, law on tax increase in coming days

President Volodymyr Zelensky may sign the state budget 2025 and the law on tax increase in the upcoming days.

13:46

Ukraine receives $4.8B from World Bank - Shmyhal

Ukraine has received $4.8 billion from the World Bank as part of the PEACE project.

07:58

Ukraine to participate in World Expo 2025 in Japan

Hirofumi Yoshimura, the governor of Osaka Prefecture in Japan, announced on Tuesday that Ukraine will take part in the World Expo 2025.

02:34

Ukraine allocates UAH 1.6T for defense sector in Jan-Oct 2024

In January-October 2024, Ukraine allocated UAH 1.6 trillion from the state budget for the security and defense sector, including UAH 201.6 billion in October.

00:30

Estonia to donate EUR 1M for Ukraine’s climate projects

Estonian Minister of Climate Yoko Alender (Reform) said Estonia would provide EUR 1 million to Ukraine.

26 November 2024

23:20

Ambassador Markarova states goal to have Russia’s entire banking system sanctioned

The sanctions that the U.S. has imposed against Gazprombank and dozens of other Russian financial institutions will significantly limit the Kremlin's banking operations and their ability to continue the war effort. At the same time, there is still great potential for economic and financial pressure on Russia.

15:19

MEP: All frozen assets of Russian Federation should be used for weapons for Ukraine

About 300 billion dollars of frozen Russian assets should be given to Ukraine so that it can use these funds to arm itself and win the war against Russia. This amount can then be credited as reparations to Russia if the latter refuses to pay them.

03:23

Ukraine awaiting Germany's decision on participation in ZBROYARI project

Minister for Strategic Industries of Ukraine Herman Smetanin discussed further cooperation in the defense industry with Christian Freuding, who leads the special staff for Ukraine at the German Ministry of Defense, and representatives of the German Embassy.

02:09

Almost 350 objects privatized in Ukraine this year - Nemchinov

Since the beginning of the year, 343 objects worth about UAH 3 billion have been privatized in Ukraine.

25 November 2024

21:19

Polish farmers threaten to block entire border with Ukraine

Polish farmers have threatened to block all border checkpoints on the Polish-Ukrainian border after December 10 unless the government meets their demands.