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.
Economy
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.
06 January 2025
Last year, National Bank transfers almost UAH 6B from special account for defense
In 2024, more than UAH 5.9 billion was transferred from a special account opened by the National Bank of Ukraine for defense needs.
IAEA detects explosions near Zaporizhzhia NPP
On Sunday, the IAEA staff present on the occupied territory of Zaporizhzhia NPP recorded two loud explosions near the plant amid reports of a drone attack on the training center of the plant.
05 January 2025
Ukraine’s top diplomat pushes for strengthening Russia sanctions
The Minister for Foreign Affairs of Ukraine, Andrii Sybiha, says Russia sanctions are working, although their effectiveness should be increased.
04 January 2025
Energy repair teams restore power supplies to 16,300 households in past day
On January 3, energy repair crews restored electricity supply to 16,300 consumers whose homes had been in blackout as a result of hostilities.
Slovak operator set to continue electricity export to Ukraine despite Fico's threats
Slovak power grid operator SEPS assured that, despite the threats voiced by Prime Minister Roberto Fico, electricity exports to Ukraine will not be interrupted.
Government approves draft bill on main principles of housing policy
The Cabinet of Ministers of Ukraine has approved a draft bill that introduces a new system of providing Ukrainians with housing through the mechanisms of social and corporate housing, affordable mortgage lending, and creating special housing funds.
Privatization revenues for 2024 may reach about UAH 12B – economy ministry
Ukraine’s total proceeds from the privatization of state-owned assets during 2024 may reach about UAH 12 billion, which is threefold higher than the planned target.
03 January 2025
Robert Fico’s Russian gas fearmongering falls flat - Politico
Slovak Prime Minister Robert Fico has held talks in Brussels and Moscow to preserve Russian gas supplies to his country. However, after the failure of an attempt to continue paying the Kremlin for gas, his warnings of a Central Europe energy crisis sound like empty words.
Syria interested in flour, oil, sugar and meat supplies from Ukraine – Koval
Syria has shown interest in importing a range of essential goods from Ukraine, including wheat, flour, oil, sugar, and meat products, particularly chicken and cattle.
EU becomes largest donor of financial assistance to Ukraine in 2024
In 2024, the European Union became the largest donor of financial assistance to Ukraine, having provided USD 17.3 billion under the Ukraine Facility instrument.
UCAB: Ukraine’s agricultural exports reach 5.5M tonnes in Dec 2024
In December 2024, Ukraine exported 5.5 million tonnes of agricultural products, which is 11.1% lower compared to the previous month.
02 January 2025
President: Once martial law ends, significant funds will bolster Ukraine's economy
Ukrainian President Volodymyr Zelensky has announced that once martial law is lifted, substantial funds from various sources will be allocated to revitalizing Ukraine's economy, with a primary focus on major reconstruction projects.
Russia deploys cluster munitions in strikes on Ukraine's energy system – Energy Minister
The Russian forces have changed their tactics and weaponry in attacks on Ukraine’s energy system to cause maximum damage. Despite this, Ukraine's energy system remains operational.
Zelensky: Last year’s exports to Africa up by 15%
Last year, exports of Ukrainian goods to Africa increased by 15%, totaling over $41 billion.