Founded in 1918
Monday, 16 February 2026, 08:37
25 October 2024
The European Union, the United States, and the United Kingdom have agreed to provide Ukraine with financial support from frozen Russian assets, with $50 billion to be made available as early as this year.
The Vinnytsia region’s sugar refineries have already produced 140,000 tonnes of sugar.
As of October 25, Vinnytsia agrarians have harvested over 3.3 million tons of grain, having collected crops from 87% of the sown area.
In 2024, Ukrzaliznytsia JSC will transport 175 million tonnes of goods, which is 15% higher compared to last year’s results.
Ukrainian energy specialists have accumulated enough fuel and lubricants ahead of the heating season.
The total economic effect of the small privatization of state-owned assets has reached UAH 9.58 billion over the past two years.
The owners of the Auchan supermarket chain have found a buyer for their branch in Russia, as they can no longer resist European sanctions.
24 October 2024
Despite the ongoing war and Russia’s intensified attacks, Ukrainian authorities have done an amazing job to steer the economy very effectively. At the same time, more needs to be done, namely with regard to domestic revenue mobilization.
Russian strikes on Ukraine’s power generating facilities have reduced the country’s gross domestic product (GDP) growth rate but failed to prevent it from increasing.
More than 3,000 tonnes of honey is produced in the Poltava region annually, which is 5% of Ukraine’s total honey output.
In the challenging winter season, Warsaw is ready to provide additional electricity volumes to the Ukrainian side, namely from its own coal power plants.
The Ternopil region’s sugar refineries have produced more than 130,000 tonnes of sugar.
Ukrainian farmers are finishing the harvesting of cotton, which was sown in the Odesa-based trial fields, totaling more than 5 hectares in area.
In 2025, Ukraine’s public debt is expected to exceed 100% of gross domestic product (GDP).
23 October 2024
Funds received from the USA, as well as other G7 countries and the EU in the amount of $50 billion, will aim to address Ukraine’s most important financial needs in 2025.
The U.S. government has agreed to allocate a $20 billion share of a larger G7 loan for Ukraine, which will be secured with the frozen Russian assets.
On October 23, the EU Council finally approved, under a written procedure, a macro-financial loan of 35 billion euros to Ukraine, which will be paid and serviced from the extraordinary proceeds of Russian assets frozen in the EU.
Ukraine is currently at the forefront of developing its military-industrial complex and enjoys a strategic advantage, which reflects in the ability to immediately test freshly-manufactured defense products on the battlefield.
About $1.1 billion from the IMF has already reached the Ukrainian budget.
At the International Defence & Aerospace Exhibition SAHA EXPO 2024, taking place in Istanbul, Ukrainian Foreign Affairs Minister Andrii Sybiha held negotiations with high-ranking officials of Türkiye’s government and Armed Forces, as well as the heads of defense industry companies.
The International Monetary Fund (IMF) expects that Ukraine’s economy will show a rise of 3.0% in 2024 and decline to 2.5% in 2025.
The Cabinet of Ministers has decided to create an industrial park in Chernivtsi.
Ukraine’s Energy Deputy Ministers, Roman Andarak and Mykola Kolisnyk, have held a meeting with a delegation of the United Nations, led by United Nations Under-Secretary-General and UNDP Associate Administrator Haoliang Xu.
22 October 2024
Naftogaz Trading Gas Supply Company LLC, supplying gas to district heating providers, state-financed entities and religious organizations, has signed gas supply contracts with more than 6,000 consumers for the duration of the heating season.
The European Parliament has endorsed a resolution on establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance.
First Vice Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko and Ambassador Extraordinary and Plenipotentiary of the French Republic to Ukraine Gaël Veyssière have signed the Implementation Agreement on the EUR 200 million Grant Agreement between the two governments.
The United Kingdom has announced a £2.26 billion (about $2.93 billion - ed.) loan to Ukraine backed by profits from sanctioned Russian sovereign assets.
The Kremlin exploits a false transit scheme that allows the supply of sanctioned goods from EU countries destined for Central Asia and the Caucasus region.
21 October 2024
The UN has noted a rise in grain prices on world markets due to renewed Russian attacks on Ukraine's Black Sea ports.
As a result of the drone attack on the Kremniy EL microelectronics factory in Bryansk, production was put to a halt due to power supply disruptions and interrupted technological chains.