Zelensky enacts sanctions against Russia's financial sector
President Volodymyr Zelensky has signed a decree imposing sanctions on 140 entities within Russia's financial sector.
Economy
13 January 2025
EU countries call for lowering G7 price cap on Russian oil
Six European Union countries have called on the European Commission to lower the G7 price cap set for Russian oil at $60 per barrel, arguing it would reduce Moscow's revenues, which it uses for its war against Ukraine.
Russia's war spending beyond budgetary capabilities, could collapse economy - expert
Russia's total military spending far exceeds its budget capabilities and could lead to the collapse of corporations and banks, thus affecting Moscow's negotiating positions.
Every fifth Ukrainian property developer already joined eOselia program - PM Shmyhal
Every fifth Ukrainian property developer has already joined the eOselia government affordable mortgage program.
Almost 380 state-owned objects privatized in Ukraine in 2024
In 2024, the State Property Fund of Ukraine sold 377 state-owned objects at privatization auctions, attracting UAH 11.1 billion to the budget.
12 January 2025
Ukraine sending over 1.9M t of agricultural products to African countries
As part of the Grain from Ukraine initiative, Ukraine will ship more than 1.9 million tonnes of sunflower oil and flour to African countries this winter.
11 January 2025
Dubai emerges as key hub for Russia's "shadow fleet" – media
Dubai, UAE, has emerged as a key hub for Russia's "shadow fleet," with companies registered there owning at least 55 vessels listed under Western sanctions.
New customs terminal starts operating in Mykolaiv region
Ukraine has opened a new customs terminal in Kryve Ozero, Mykolaiv region.
NBU proposes changes to government bond settlement rules
The National Bank of Ukraine (NBU) has initiated a public discussion regarding proposed changes to the rules governing the settlement of transactions involving domestic government bonds.
Energy workers restore power to nearly 17,000 consumers throughout day
Energy workers restored electricity for 16,991 consumers affected by power outages caused by combat actions over the past day.
Zelensky: Russia’s tanker fleet must be stopped to end Russian strikes and threats
Russia jeopardizes the environment solely to sustain its ability to kill people in Ukraine, so Russia’s tanker fleet must be stopped to end its strikes and threats.
Ukraine not planning to sign any contracts for Russian gas transit – PM
Ukraine is not planning to sign any contracts to continue the transit of Russian gas. Instead, in the coming years, the country will focus on boosting domestic gas production volumes to more than 20 billion cubic meters.
10 January 2025
Gazprom Neft given 45 days to exit ownership of Serbian company – Vučić
Following the U.S. sanctions imposed on Gazprom Neft on January 10, the Russian company will have 45 days to exit its ownership in the Serbian oil company NIS.
Dutch MFA confirms only EUR 97.2M of Russian assets frozen in country
The Ministry of Foreign Affairs of the Netherlands confirmed that the government has frozen Russian assets worth EUR 97.2 million, which is far below the previously reported EUR 660 million.
Local budgets expected to receive almost UAH 520B in taxes this year – PM Shmyhal
Local budgets are expected to receive almost UAH 520 billion in taxes and over UAH 200 billion in grants and subventions this year.
EU delivers first EUR 3B from G7 loan to Ukraine
The European Union has made the first payment of EUR 3 billion as part of its contribution to the G7 loan package for Ukraine.
Parliament abolishes Commercial Code of Ukraine
The Verkhovna Rada of Ukraine had endorsed a draft bill on the peculiarities of regulating entrepreneurial activity in the transition period, which recognizes the Commercial Code as null and void.
Regional military chief comments on salt production issues in Zakarpattia region
In the Zakarpattia region, the state became a hostage to private businesses and still has none of its own salt production facilities due to lawsuits over the equity rights of the owners of the Tereblia field.
09 January 2025
End of Russian gas transit: EU Energy Commissioner meets with Slovakia’s Fico in Brussels
EU Energy Commissioner Dan Jorgensen and Slovak Prime Minister Robert Fico met today, January 9, in Brussels to discuss the situation that has developed after the contract for the transit of Russian gas through the territory of Ukraine expired.
Russia may stage “rescue” of Transdniestria from humanitarian crisis – expert
Russia is reportedly planning to influence election outcomes and strengthen pro-Russian forces through a fabricated crisis in Transdniestria.
Parliament reintroduces mandatory greenhouse gas emissions monitoring system
The Verkhovna Rada of Ukraine has endorsed a draft bill that reintroduces a mandatory system of greenhouse gas emissions monitoring, reporting and verification.
Knauf building its second plant in Ukraine
Germany’s Knauf has started the construction of a new plant in Ukraine to produce plasterboard and dry building mixes.
08 January 2025
Expert: Improvement of air defense, emergency response systems will help to protect large heating plants
There are currently no other tools to protect large thermal generation facilities from enemy attacks other than reliable air defense.
New industrial park to be created in Kyiv region
The Cabinet of Ministers has decided to create an industrial park in the Kyiv region, which will generate 1,500 new jobs.
Ukraine’s trade turnover reaches $112.3B in 2024
During 2024, Ukraine’s trade turnover reached $112.3 billion.
07 January 2025
Iceland’s delegation visits energy facility damaged by Russian strikes
During her visit to Ukraine, Foreign Minister Þorgerður Katrín Gunnarsdóttir visited one of the energy facilities that was severely damaged by Russia’s strikes.
Shmyhal and Icelandic FM discuss confiscation of frozen Russian assets
Prime Minister Denys Shmyhal discussed the confiscation of frozen Russian assets and the fight against the Russian shadow fleet with Icelandic Foreign Minister Thorgerdur Katrin Gunnarsdottir.
Capitalization of Ukrainian agricultural holding companies up by more than EUR 3.8B – experts
In the fourth quarter of 2024, most Ukrainian agricultural companies showed a rise in capitalization through logistics improvements and changes on the global agrarian markets, as well as a certain improvement in the economic and financial situation in Ukraine.
Ukraine’s regions to develop energy independence passports
In cooperation with the Ukrainian Energy Ministry, the Communities and Territories Development Ministry has approved energy independence passports for each region of Ukraine.