PM Shmyhal about EUR 50B from EU: All 27 countries tentatively agree to support programme
Ukraine expects the European Union will approve a new four-year EUR 50 billion assistance programme for Ukraine on February 1.
Economy
PM Shmyhal: We have all assurances from U.S. on seizure of Russia’s assets in favor of Ukraine
Ukraine has received guarantees from the United States regarding long-term support for Ukraine, including the transfer of confiscated Russia’s assets to fund the Ukrainian recovery.
Ukrgasvydobuvannya puts new high-rate well into operation
JSC Ukrgasvydobuvannya has commissioned a new well with a daily flow rate of 250,000 cubic meters of gas.
Ukraine managed to create reserve of power generation capacity - expert
Ukraine has managed to create a reserve of generation capacity and restore the extensive network that can redirect energy flows if a power line breaks down.
Agricultural Policy Ministry, Mercy Corps to cooperate in agriculture sector
Ukraine’s Ministry of Agrarian Policy and Food and Mercy Corps Ukraine have signed a Memorandum of Understanding.
USPA: 18M t of cargo exported via Ukrainian sea corridor
Since the launch of the Ukrainian sea corridor, 18 million tonnes of cargo, including 12.7 million tonnes of agricultural products, have been exported through Ukrainian ports to 32 countries.
Naftogaz companies transfer over UAH 6.8B in taxes to local budgets in 2023
Naftogaz Group companies transferred more than UAH 6.8 billion in taxes to local budgets in 2023.
25 January 2024
Croatia to hand over to Ukraine Putin ally’s superyacht
After the District Court in Split (Croatia) ruled to transfer the Royal Romance luxury yacht to Ukraine, the national agency for finding, tracing, and managing corruption-related assets (ARMA) is preparing for a re-evaluation of the asset.
EBRD deploys record EUR 2.1B in Ukraine in 2023
The European Bank for Reconstruction and Development (EBRD) granted Ukraine a record EUR 2.1 billion in 2023.
NBU expects inflation to reach 8.6% at year’s end
The National Bank of Ukraine (NBU) expects that despite the expected acceleration of inflation in 2024, it will remain moderate and amount to 8.6% as of the end of the year.
NBU leaves key policy rate unchanged at 15%
The National Bank of Ukraine (NBU) has decided to keep its key policy rate at 15%.
Ukraine’s Naftogaz under cyberattack - statement
Naftogaz of Ukraine and Gas Distribution Networks of Ukraine are reporting an ongoing massive cyberattack on one of their data centers.
U.S. Senate committee approves legislation to confiscate Russian assets in favor of Ukraine
A U.S. Senate committee approved legislation on Wednesday that would help set the stage for the United States to confiscate Russian assets and hand them over to Ukraine for rebuilding after the destruction of the nearly two-year-long war.
Ukraine can export another 40M t of grains and oilseeds in current season - expert
Ukraine can export another 36-40 million tonnes of grains and oilseeds in the current marketing year (MY).
Finance Ministry places domestic government bonds for UAH 6B
On January 23, 2024, Ukraine’s Ministry of Finance raised more than UAH 6 billion to the state budget at an auction for the placement of domestic government bonds.
24 January 2024
Ukraine and Slovakia to speed up reconstruction of electric interconnector between countries
Ukraine and Slovakia are deepening their cooperation in the energy sector, in particular, they will speed up the reconstruction of the Mukachevo-Velke Kapusany interconnector.
Bulgaria eyes seizing Russia-owned resort on Black Sea coast
In Bulgaria, lawmakers from the ruling majority are drafting a bill that would allow the government to confiscate the Russian tourist resort of Kamchia.
European Commission wants to extend liberal regime in agricultural trade with Ukraine
The EU will continue to provide Ukraine with substantial support, and in this context, the European Commission will soon present proposals to extend the liberalization of agricultural trade with our country.
Law enforcement agencies will limit business inspections - Svyrydenko
The National Security and Defense Council has recommended that law enforcement agencies refrain from actions that could block or have a significant negative impact on the operation of enterprises for three months.
Deposit Guarantee Fund selling banks’ assets worth UAH 4.7B
The Deposit Guarantee Fund of Ukraine has put up for sale the assets of insolvent banks for a total sum of UAH 4.7 billion.
Businesses receive affordable loans worth UAH 4.3B since year-start
Over the first three weeks of January 2024, banks issued 787 preferential loans worth UAH 4.3 billion under the Affordable Loans 5-7-9% state program.
Bulgarian MPs table bill to immobilize Russian assets
Bulgarian MPs Ivaylo Mirchev and Nadezhda Yordanova, representing the political party "We Continue the Change-Democratic Bulgaria" (WCC-DB), submitted to parliament a draft law seeking to freeze Russian properties owned by sanctioned individuals.
23 January 2024
Shmyhal discussed with Weber need to strengthen sanctions against Russia
Prime Minister Denys Shmyhal during a meeting with the President of the European People's Party Manfred Weber discussed the need to strengthen sanctions against Russia as part of the preparation of the 13th package and the confiscation of frozen Russian assets in the EU.
Zelensky hopes that European Council will unblock €50 billion for Ukraine in early February
Ukraine expects to unblock €50 billion in aid from the European Union at a special meeting of the European Council on February 1.
Latvian government allocates €15.6 million to support Ukrainians
The Latvian government has allocated EUR 15,617,075 to cover the costs incurred by the municipal authorities of Latvia in connection with the reception and support of refugees from Ukraine until the summer of 2024.
PM Shmyhal: Gov’t earmarks UAH 9.6B from military tax for Defense Forces
After the decision to redirect military personal income tax funds, UAH 51 billion was allocated for the defense industry, over UAH 43 billion – for UAV production, and UAH 9.6 billion will be sent to the defense forces for the purchase of weapons, equipment, and gear.
Ukraine loses estimated EUR 1.5B amid blockade of western borders - expert
In just two months, Ukraine’s economy lost over EUR 1.5 billion due to strikes that blocked truck traffic across checkpoints on Ukraine’s borders with its western neighbors, members of the EU.
EU agri ministers in Brussels discussing food exports from Ukraine
EU Ministers of agriculture will discuss at the EU Council on Tuesday the impact of the export of Ukrainian farm products on European markets.
Germany's contribution to Energy Support Fund for Ukraine amounts to €225 million
Germany's total contributions to the Energy Support Fund for Ukraine have already reached EUR 225 million. The country also sent 89 cargoes of aid to the energy sector to Ukraine.