Ukraine, Nasdaq sign memorandum to strengthen economy, capital markets
The Ukrainian Economy Ministry and Nasdaq, a leading global technology company, have signed a Memorandum of Understanding to strengthen Ukraine’s economy and capital markets.
Economy
Austria announces possible termination of gas contract with Russia
The Austrian state should study and implement all options for terminating the "bonded" gas supply contract between the Austrian oil and gas company OMV and Russian Gazprom.
Ukrnafta preparing to drill three exploratory wells in western Ukraine
Ukrnafta PJSC has started preparations to drill three exploratory wells in western Ukraine, having the total projected production rate of about 80 tonnes per day.
12 February 2024
U.S. offers to auction off Russian oligarch's seized yacht - media
The U.S. government said it is spending more than $7 million a year to maintain a superyacht seized from a sanctioned Russian oligarch, and called on a judge to let it auction the vessel before an ownership dispute is resolved.
U.S. in talks with partners on Russia’s frozen assets - State Dept
The United States welcomes the decision of the EU Council regarding the freezing of Russian assets and continues to work with allies and partners to force the Russian Federation to pay for the damages it has caused to Ukraine as a result of the war.
EU Council decides on immobilized Russian assets
The EU Council today adopted a decision and a regulation clarifying the obligations of Central Securities Depositories (CSD) holding assets and reserves of the Central Bank of Russia (CBR) that are immobilized as consequence of EU’s restrictive measures.
Total war-related damage to Ukraine's infrastructure reaches almost $155B - KSE
The amount of direct damage caused to Ukraine's infrastructure since the beginning of the full-scale war has increased to $155 billion, with the country's housing stock being the most affected.
FM Kuleba on grain incident on Ukraine-Poland border: Perpetrators must be held to account
Ukrainian Foreign Affairs Minister Dmytro Kuleba has called for bringing to justice those who destroyed Ukrainian-produced grain on the Polish border.
Shmyhal, IMF team discuss funding for Ukraine in 2024
Ukrainian Prime Minister Denys Shmyhal and an International Monetary Fund (IMF) team headed by Uma Ramakrishnan, Deputy Director of the Fund's European Department, have discussed the implementation of reforms and financing of Ukraine this year.
Grain destruction in Poland has nothing to do with peaceful protest – ministry’s statement
In response to the unlawful actions of Polish farmers on the border with Ukraine, the Ukrainian Agrarian Policy and Food Ministry has issued a statement, inviting Polish protesters to come to Ukraine and see the working conditions of Ukrainian farmers amid the war.
Poured grain incident: Polish police collecting evidence, no detainees so far
The Polish police have not yet detained anyone in connection with an incident with the Ukrainian grain poured out from the sealed trucks driving in transit via Poland towards Lithuania.
Polish farmers start protest at two more checkpoints on Ukraine border
Polish farmers have restricted traffic on the roads leading through the Zosin-Ustyluh and Dolhobyczow-Uhryniv checkpoints and again blocked the Shehyni checkpoint.
IMF team arrives in Kyiv
Today, a team of the International Monetary Fund (IMF) is starting meetings with Ukrainian government officials and other partners in Kyiv.
11 February 2024
Police probe underway after Polish farmers dump grain from Ukrainian trucks amid border blockade
The Chelm City Police is investigating the circumstances of the recent incident involving Ukrainian grain trucks near the border crossing in Dorohusk.
Japan to donate over $100M for Ukraine recovery
During a joint conference in Tokyo, Japan will allocate 15.8 billion yen (US$106 million) in aid to support Ukraine's recovery from the effects of the war over the next seven areas.
British MP says Rosatom, Russian uranium sanctions should be separated
Suspending projects run in Europe by Russia’s nuclear giant Rosatom, which is a also manufacturer of nuclear weapons, should be considered separately from the issue of sanctions on the purchase of Russian nuclear fuel.
Over 22M tonnes of cargo already exported through Ukrainian sea corridor
Ukraine has already exported more than 22 million tonnes of cargo since the creation of a temporary sea corridor six months ago.
Government to allocate over UAH 40B this year to help Ukrainian entrepreneurs - PM
The Cabinet of Ministers is planning to allocate more than UAH 40 billion from the state budget this year to stimulate economic activity and help Ukrainian entrepreneurs.
10 February 2024
No optimism from IAEA inspectors regarding Russia-captured nuclear plant - Ukraine official
This week, another rotation was held of IAEA inspectors, who are deployed at the Zaporizhzhia nuclear power plant, captured by the Russian invasion forces.
Ukraine working out various scenarios to preserve macro-financial stability - NBU governor
Ukraine is exploring various scenarios to maintain macro-financial stability under any conditions, and at the same time expects that the rhythm of external financing will be normalized in the coming months.
Freight traffic at Shehyni-Medyka checkpoint resumed
The movement of freight vehicles at the Shehyni-Madyka checkpoint on the Polish-Ukrainian border has been restored.
About 1,300 trucks stuck on Ukrainian-Polish border
About 1,300 trucks remain stranded at checkpoints on the Ukrainian-Polish border after Polish farmers have renewed their blockade of border crossings.
Ukraine recovers assets of Russian oligarch Ivan Savvidi, his wife
The High Anti-Corruption Court of Ukraine (HACC) has sustained a claim filed by the Ukrainian Justice Ministry against Russian oligarch Ivan Savvidi and his wife, Kiriyaki Savvidi, and recovered their assets in favor of the state.
Kuwait opens its market for Ukrainian fish exporters
Ukrainian companies have been allowed to export fish and fish products to the State of Kuwait.
NBU expects mechanism of war risk insurance to come into effect in 2024
In cooperation with partners, the National Bank of Ukraine (NBU) is working to launch a mechanism of war risk insurance. Before June 2024, the regulator is planning to fully develop a draft bill adjusting this mechanism, and hopes for it to come into effect as soon as this year.
India’s major refinery snubs Russian oil over sanctions - media
The large India-based oil refinery, BPCL, discontinued purchases of Russian Sokol crude due to the reluctance of intermediary banks to proceed with transactions.
09 February 2024
Expert names measures to put economy on "war footing"
To mobilize 450,000 additional people and put the economy on a "war footing," it is necessary to consolidate public finances and focus society and the economy on meeting military objectives.
Government creates Ukraine’s Industrial and Defense Committee
The Ukrainian government has endorsed a decision to establish the Industrial and Defense Committee of Ukraine.
Ukraine puts U.S. company on war sponsors list amid kamikaze drone production inquiry
The National Agency for Corruption Prevention (NACP) listed the American manufacturer of refractory products Allied Mineral Products, LLC, which continues to operate in Russia and maintains its production facilities there, among international sponsors of war.