Sweden to provide EUR 22M to Ukraine annually to support reforms
As part of a new strategy for cooperation, Sweden will allocate EUR 22 million to Ukraine annually within the next seven years.
Economy
IMF plans to send next review mission to Ukraine in Q1 2022
The International Monetary Fund is monitoring the situation in Ukraine and is planning to send the next review mission under the Stand-By Arrangement for Ukraine in the first quarter of 2022.
10 February 2022
Ukraine sees NPL share shrink to 30% in 2021
The share of non-performing loans in Ukrainian banks shrank by 11% in 2021, to 30%, the press service of the National Bank of Ukraine (NBU) has said.
Deposits of individuals in Deposit Guarantee Fund’s banks grew by UAH 68B in 2021
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 675.6 billion in 2021, Ukrinform reports, referring to the Fund’s press service.
Zelensky: No obstacles in terms of security that would hinder business
President Volodymyr Zelensky assures that there are no obstacles in terms of security that would prevent business from working in Ukraine.
Share of agriculture in Ukraine's GDP exceeded 10% – Leshchenko
In 2021, the share of agriculture in Ukraine's GDP was the highest among all sectors of the economy and amounted to more than 10%, Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko wrote on Telegram.
Naftogaz submits proposals to European Commission to minimize Gazprom's influence in Europe
NJSC Naftogaz of Ukraine has submitted proposals to the European Commission (Directorate General for Competition) to normalize the current situation on the gas market and minimize the influence of the Russian monopoly Gazprom in the future.
09 February 2022
Galushchenko: US, EU support future Ukraine’s synchronization with ENTSO-E
Ukraine has the joint support of the United States of America and the European Union in synchronizing its energy system with the European Network of Transmission System Operators for Electricity (ENTSO-E).
Hryvnia started strengthening since last week – Danylyshyn
Since the second half of last week, the supply of foreign currency on the interbank market exceeded bank customers’ demand for it, which strengthened the exchange rate of hryvnia against the U.S. dollar by 1.2%.
NBU: Banking sector received record UAH 77.5B in profits in 2021
In 2021, the net profit of Ukrainian banks hit a record high of UAH 77.5 billion, which is almost twice as much as in 2020 (UAH 39.7 billion), Ukrinform reports, referring to the press service of the National Bank of Ukraine (NBU).
Ukrzaliznytsia, Alstom finalize agreements on purchase of 130 electric locomotives
JSC Ukrzaliznytsia and the French company Alstom finalized agreements on the purchase of 130 new electric locomotives by signing a protocol on cooperation in the presence of Ukrainian President Volodymyr Zelensky and French President Emmanuel Macron, according to the press service of Ukrzaliznytsia.
France to provide EUR 1.2B in program funding for Ukraine’s development – President’s Office
The French Republic will provide Ukraine with EUR 1.2 billion in program funding for certain development projects, according to the Ukrainian President’s Office.
08 February 2022
Zelensky, Macron discuss economic and infrastructure cooperation
President of Ukraine Volodymyr Zelensky discussed, among other things, the economic and infrastructure cooperation during the talks with President of France Emmanuel Macron.
Kuleba sees consensus on Nord Stream 2 in event of new Russian aggression as positive signal
The consensus that a new Russian invasion of Ukraine will bring an end to the future of the Nord Stream 2 gas pipeline is a positive signal.
Share of IT in Ukraine’s GDP may grow to 10% due to Diia.City - Zelensky
The share of IT in Ukraine’s GDP may grow from 4% to 10% due to Diia.City, a special legal and tax regime for the IT industry.
Ukraine’s grain exports exceed 39M tonnes
Ukraine has exported 39.210 million tonnes of grain crops so far in the current 2021/2022 marketing year, which is 9.683 million tonnes more than in the same period last year, according to the Ministry of Agrarian Policy and Food.
State Property Fund held successful auctions for over UAH 440M in Jan 2022
In January 2022, the State Property Fund of Ukraine held 17 successful auctions for a total amount of UAH 440.96 million.
Coal reserves at Ukraine’s TPPs up 8.6% over week - operator
Coal reserves in the warehouses of Ukraine’s thermal power plants amounted to 657,200 tonnes as of February 7, 2022, which is 8.6% more than reported on January 31.
Biden vows to end Nord Stream 2 if Russia invades Ukraine
U.S. President Joe Biden has promised to bring an end to the Nord Stream 2 gas pipeline if Russia launches a new invasion of Ukraine.
U.S. expects Ukraine to connect to European electricity grid soon – Blinken
The United States supports Ukraine’s efforts to connect with the European electricity grid, U.S. Secretary of State Antony Blinken said in Washington on Monday, own Ukrinform correspondent reported.
07 February 2022
Minister Marchenko: Ukraine actively negotiating international financial support
Ukraine is actively negotiating financial support with the International Monetary Fund, the European Commission, and the United States.
Over 660 electric vehicles registered in Ukraine in Jan 2022
In January 2022, 663 new electric vehicles were purchased and registered in Ukraine, which is almost a third higher than in January 2021, Ukrinform reports, referring to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom).
Zelensky instructs to map out transformation of food systems in Ukraine
President Volodymyr Zelensky instructed the Government to draft and endorse an action plan for the transformation of food systems in Ukraine until 2030.
Finance Ministry expects next IMF mission to start work in Ukraine soon
The Ukrainian Finance Ministry expects the next mission of the International Monetary Fund (IMF) will begin work in Ukraine in the near future.
Gas transit through Ukraine decreased by 57% in Jan 2022 - GTSOU
The transit of natural gas through Ukraine's gas transmission system amounted to 1.664 billion cubic meters in January 2022, which was 57% less than in January 2021, Ukrinform reports, referring to the press service of the Gas Transmission System Operator of Ukraine (GTSOU).
NBU: Hryvnia exchange rate stabilized
Last week the hryvnia exchange rate has somewhat stabilized amid a decrease in rising demand for currency and increase in supply of currency, the press service of the National Bank of Ukraine (NBU) wrote on Facebook.
Raw milk supplies to processing enterprises in Ukraine down 8.9% in 2021
In 2021, supplies of raw milk to processing enterprises in Ukraine decreased by 8.9% compared to 2020, to 3.20 million tonnes.
Borrell: US, EU to strengthen Ukraine's energy resilience
At the EU-US Energy Council in Washington on Monday, the parties are to discuss ways to strengthen transatlantic energy security, including ways to bolster Ukraine's energy resilience and prevent the use of energy as a geopolitical weapon.
05 February 2022
Ukraine's GDP grew by 5.9% in Q4 2021 – statistics service
Ukraine's gross domestic product (GDP) in the fourth quarter of 2021 increased by 5.9% compared to the fourth quarter of 2020, Ukrinform reports, referring to the State Statistics Service.