EU spox says there is intl consensus on need to reinstate Black Sea grain export deal
Efforts to restore the operation of the Black Sea Grain Initiative are ongoing and there is an international consensus on the need to return to this initiative.
Economy
Ukraine adds spirits company Bacardi to list of war sponsors
Ukraine's National Agency on Corruption Prevention (NACP) has included Bermuda-based company Bacardi Limited, which imported $169 million worth of goods to Russia last year, in the list of international war sponsors.
ZNPP loses power from main line, on verge of blackout - Energoatom
On the night of August 10, Zaporizhzhia nuclear power plant (ZNPP), temporarily seized by Russian troops, lost power from the main 750 kV external power line.
Russian ruble approaches 100 per USD
The fall of the Russian ruble continues amid a significant outflow of foreign currency, deteriorating foreign trade conditions and sanctions in connection with Russia's war against Ukraine.
Inflation in Ukraine slows to 11.3% in annual terms - statistics service
Consumer prices in July 2023 decreased by 0.6% compared to June. On an annualized basis, inflation was 11.3%.
Agricultural export restrictions: Solskyi held talks with Hungary, Slovakia ministers
Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi held talks with Minister of Agriculture of Hungary István Nagy, Minister of Agriculture and Rural Development of the Slovak Republic Jozef Bires, and Minister of Transport of the Slovak Republic Pavol Lančarič.
09 August 2023
Ukraine's government allocates UAH 4.8B to regions for reconstruction
The Cabinet of Ministers of Ukraine has allocated almost UAH 4.8 billion to the regions to implement projects aimed at restoring the normal life of communities.
U.S. imposes new sanctions on Belarus
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated eight individuals and five entities identifying one aircraft as blocked property on the three-year anniversary of the Belarusian authorities' falsification of the August 2020 presidential election and their callous crackdown on the Belarusian protest movement demanding fundamental freedoms
Parliament approves law on reform of state reserves
The Verkhovna Rada, Ukraine’s parliament, adopted at second reading and in its entirety the government’s draft law on state reserves (No.9079).
Ukraine’s grain, legume exports over 2.7M t
In the 2023/2024 marketing year, as of August 9, 2023, Ukraine exported 2.762 million tons of grains and legumes.
Japan introduces new sanctions against Russia
The government of Japan has introduced new sanctions against Russia over its invasion of Ukraine.
€103M frozen in Lithuania due to sanctions against Russia, Belarus
The Financial Crime Investigation Service (FNTT) of the Lithuanian Ministry of Internal Affairs reported that the total amount of assets frozen in the country due to international financial sanctions imposed on Russia and Belarus reached €103 million.
PM: Energy facilities’ repair campaign goes according to plan
The energy facilities’ repair campaign goes according to plan.
08 August 2023
EU cuts Russian gas supplies from 50% to 8%
During the year after Russia's full-scale invasion of Ukraine, Russian pipeline gas supplies to the EU countries dropped from 50% to 8% of total gas imports.
No plans to open Uzhhorod airport by war end - RMA
The reopening of Uzhhorod airport by the end of Russia's war is out of the question, as the safety of civilians is above the carrier's business interests, and the arguments that the airfield is close to the border with a NATO country are illusory.
Shmyhal: Farmers have threshed almost 16.6M tonnes of grain
Ukrainian farmers have already threshed almost 16.6 million tonnes of grain.
Deputy PM Kubrakov: Ukraine, US to launch project on energy sustainability of communities
Ukraine, together with partners from the United States of America, will launch a project on energy sustainability of communities.
Ukraine seeing growing number of companies engaged in defense industry - minister
The number of enterprises working in the defense industry is growing, showing that the government is gradually putting the economy on a war footing.
Five nuclear reactors repaired at Ukrainian NPPs this year
Ukraine's National Nuclear Energy Generating Company Energoatom repaired five nuclear reactors at the country's nuclear power plants this year.
European companies lose over €100B from operations in Russia since war start - FT
The largest European companies have suffered at least €100 billion in direct losses from their operations in Russia since Russia's full-scale invasion of Ukraine last year.
JPMorgan stops processing payments for Russian grain exports
The American bank JPMorgan has stopped processing payments from Russia's Rosselkhozbank, which is under sanctions from the United States and the European Union.
07 August 2023
Blast in Turkish port damages 13 elevators
The number of victims of the explosion in the port of Derince in northwestern Turkey has increased to 10, and 13 elevators have been damaged.
Ukraine’s international reserves reach record high of $41.7B
As of 1 August, Ukraine’s international reserves stood at $41.7 billion, reaching a record high since Ukraine gained its independence.
NACP restores status of five Greek shipping companies in war sponsors list
Ukraine's National Agency for Corruption Prevention (NACP) has reinstated the status of five Greek carriers on the list of international war sponsors. These companies failed to meet the conditions agreed upon during negotiations to remove them from the list.
South Korea will allow businesspeople to travel to Ukraine for reconstruction projects – media
The South Korean government has decided to allow Korean businesspeople to visit Ukraine for negotiations on participation in reconstruction projects.
NCER says just 1.6% of energy objects damaged in Russian attacks renovated so far
Just 1.6% of the Ukrainian energy objects affected by Russian attacks have been renovated.
06 August 2023
Russia’s manufacturing industry suffers from record-breaking labor shortage – Yermak
Russia’s manufacturing industry is suffering from a record-breaking labor shortage.
Germany provides $1.55B in financial assistance to Ukraine since Russian invasion started
The German Federal Government has provided $1.55 billion in financial assistance to Ukraine since Russia’s full-scale invasion started, mostly through grants.
05 August 2023
EU to provide Polish farmers with €176M in support
The European Commission (EC) has approved a EUR 176 million program to support Polish companies in the face of Russia's war against Ukraine.