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Thursday, 27 March 2025, 16:44
The Ukrainian Finance Ministry and the Ukraine Facility Audit Board have signed a memorandum to strengthen control over the effective use of financial assistance provided by the European Union.
The draft new Customs Code of Ukraine based on EU regulations will be finished by the end of April 2025, and its final approval by the Verkhovna Rada of Ukraine has been scheduled for January 2026.
26 March 2025
Norway, through the UNDP, has handed over critically important energy equipment to Ukraine, which will add 200 megawatts of energy to the energy system, providing backup power to approximately 1.5 million consumers.
The Norwegian government is providing an additional 1 billion Norwegian kroner ($95 million) to finance gas imports to Ukraine. This funding aims to ensure stable energy supplies for the population, businesses, and industry.
On March 26, the European Bank for Reconstruction and Development approved a loan for NJSC Naftogaz of Ukraine in the amount of up to EUR 270 million for the purchase of gas for the next two heating seasons.
The Verkhovna Rada Commissioner for Human Rights Dmytro Lubinets and IAEA Director General Rafael Grossi discussed the security and humanitarian situation at the ZNPP.
In January-February 2025, a total of UAH 336.6 billion was directed from Ukraine’s state budget general fund to finance the security and defense sector.
The Verkhovna Rada of Ukraine has endorsed in the first reading draft bill No. 13018-d, creating a new type of bank in Ukraine, i.e. a financial inclusion bank.
25 March 2025
Energy Minister German Galushchenko discussed with British Ambassador to Ukraine Martin Harris areas of cooperation to strengthen the protection of Ukrainian energy facilities.
The United States has pledged to help Russia regain access to the global market for agricultural products and fertilizers.
Denmark will provide EUR 130 million in state guarantees for its companies that would be ready to invest in the Ukrainian defense industrial complex.
24 March 2025
Foreign exchange reserves of Russia’s energy giant Gazprom HQ plunged in 2024 by a staggering 98.5% against the previous year.
In 2025, Ukraine’s industrial hemp plantations may expand to 4.5 thousand hectares.
22 March 2025
The Dutch government has committed EUR 65 million to the Ukraine Energy Support Fund to assist in critical infrastructure repairs and preparation for the upcoming heating season.
Farmers in the Vinnytsia region have sown a third of the area allocated for early spring grains and legumes.
Poland has a strong demand for organic products, protein feed, rapeseed, and soybean meal, creating opportunities for Ukrainian agricultural producers to expand supplies.
21 March 2025
The Specialized Anti-Corruption Prosecutor’s Office (SAPO) and the National Anti-Corruption Bureau of Ukraine (NABU) have urged the acting head of Naftogaz to take a responsible approach to prevent the loss of UAH 1.6 billion that could be recovered from abroad.
Ukrainian Prime Minister Denys Shmyhal and Czech President Petr Pavel, who is on an official visit to Kyiv, have discussed economic cooperation and defense-industrial collaboration.
The United States is ready to take over the management of a nuclear power plant in Ukraine if the political decision is made to do so.
On Thursday, US President Donald Trump confirmed his intention to conclude an agreement with Ukraine on the joint development of rare earth minerals.
In 2024, Ukraine’s seed imports were primarily sourced from the European Union, with hybrid corn comprising the largest share and rapeseed purchases showing notable growth.
20 March 2025
Escalation around mutual trade tariffs between the United States and the European Union is of no benefit to either side.
Prime Minister Denys Shmyhal and EU Commissioner for Economic and Monetary Affairs Valdis Dombrovskis discussed at their meeting in Kyiv on March 20 Ukraine’s European integration and continued sanctions policy against Russia.
In the wake of termination of humanitarian and other types of assistance earlier run by USAID, the EU is looking into the need to cover financing gaps for projects in Ukraine.
During the first two months of 2025, drones worth a total of $232.3 million and components for them worth $43.4 million were imported into Ukraine.
Deputy Defense Minister Serhiy Boyev and the team of the Ministry of Defense of Ukraine presented proposals to the Danish delegation to direct funds to the Ukrainian defense industry.
The European Commission announced today that it has disbursed €1 billion under its part of the G7 loan to Ukraine, to be repaid with proceeds from immobilized Russian assets.
In February 2025, expenditures from the general fund of Ukraine’s state budget totaled UAH 324.1 billion. Combined with January’s expenditures, the total for the first two months reached UAH 538.2 billion, which is 26.7% more than the same period last year.
19 March 2025
Minister of Environmental Protection and Natural Resources Svitlana Hrynchuk showed the Shelter arch at the Chornobyl nuclear power plant, recently damaged by a Russian drone, to the chief of the nuclear safety department at the European Bank for Reconstruction and Development.