Consumer inflation in Ukraine exceeds 20% - central bank
Consumer inflation in Ukraine in June 2022 reached 20.1% in annual terms, up from 18% in May.
Economy
European Parliament endorses EUR 1B in macro-financial assistance to Ukraine
The European Parliament has voted for the European Commission’s proposal to provide EUR 1 billion in the EU macro-financial assistance to Ukraine in order to meet the urgent budgetary needs.
Ukraine’s foreign exchange reserves cut to $22.8B as of July 1
As of July 1, 2022, Ukraine’s foreign exchange reserves came to $22.8 billion, having reduced by 9% over the past month.
06 July 2022
Ukraine’s Fast Recovery Plan presented to Congress of Local and Regional Authorities
Deputy Head of the Office of the President of Ukraine Kyrylo Tymoshenko has presented Ukraine’s Fast Recovery Plan to the Congress of Local and Regional Authorities of the Council of Europe.
Ukrainian FM doubts grain exports will be unblocked soon
Negotiations on the opening of grain corridors are ongoing, and there are several most important steps that are not easy to reach an agreement on, including those on security guarantees for Ukraine.
Shmyhal: Agreement reached in Lugano on almost $1.9B in support for Ukraine
Ukrainian Prime Minister Denys Shmyhal has said that at the Ukraine Recovery Conference in Lugano, an agreement was reached on almost $1.9 billion in support for Ukraine.
Ukraine, Mozambique leaders talk global food security
President Volodymyr Zelensky of Ukraine has discussed with the President of the Republic of Mozambique, Filipe Nyusi, the issue of global food security
Russia’s largest secondary lead producer suspends operations
The largest producer of secondary lead in Russia, Fregat, has been forced to suspend its work, while several other plants in the industry are preparing to halt operations or undergo repairs.
Guterres: “Long road” toward rebuilding Ukraine must start now
UN Secretary General Antonio Guterres believes the process of rebuilding Ukraine must start today, although it will take considerable time.
Blinken wants G20 to press Russia to reopen sea routes for grain delivery
U.S. Secretary of State Antony Blinken is set to appeal to G20 to put pressure on Russia to make its government support the UN initiative on unblocking the sea lanes for Ukraine and once again warn China against backing Russia’s military campaign in Ukraine.
05 July 2022
PM Shmyhal discusses a range of projects with EBRD president
Prime Minister of Ukraine Denys Shmyhal met with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on the sidelines of the Ukraine Recovery Conference in Lugano.
Ukraine set to achieve 65% emissions reduction until 2032 – recovery plan
According to the presented recovery plan, Ukraine is set to reduce carbon dioxide emissions by 65% by 2032 (compared to 1990).
Shmyhal submits Ukraine's application for accession to OECD
In Lugano, Prime Minister Denys Shmyhal handed over Ukraine's application for accession to the Organization for Economic Co-operation and Development to OECD Secretary-General Mathias Cormann.
Government suggests creating Ukraine recovery offices in Kyiv, Washington, Brussels, London
The Government of Ukraine suggests creating several Ukraine recovery offices: in Washington, Brussels, London and other cities, with the head office in Kyiv.
PM Shmyhal: Coalition for Ukraine’s recovery will include partner countries and private business
The coalition for Ukraine’s recovery will necessarily include partner countries, Ukrainian and international private businesses.
UAH 33B worth of assets of Russian and Belarusian individuals seized in Ukraine
The assets of Russian and Belarusian individuals worth UAH 33 billion have been seized in Ukraine as part of criminal proceedings.
Australia removes tariffs on imports from Ukraine for a year
The Australian Government has endorsed a decision to remove tariffs on imports to Australia from Ukraine for a period of 12 months.
04 July 2022
OECD sets up coordination office for Ukraine recovery
In order to strengthen and expand the policy of the Organization for Economic Co-operation and Development (OECD) to support Ukraine, a coordination office was set up in Paris and will be moved to Kyiv in the future.
Shmyhal discusses support for Ukrainian economy with IMF representative
At a meeting in Lugano, Prime Minister of Ukraine Denys Shmyhal discussed measures to support the economy during the war with Alfred Kammer, Director of the IMF’s European Department.
President: 22 million tonnes of grain currently blocked in Ukraine
Ukraine negotiates the creation of grain export opportunities with the UN and Turkey. Currently, 22 million tonnes of grain are blocked at Ukrainian ports.
Dombrovskis: Ukraine to get first batch of EU aid in summer
The first batch of EU macro-financial assistance within the framework of the new program for Ukraine will be provided immediately after the ratification by the European Parliament and national parliaments, as expected, before the summer vacations.
EU candidate status to speed up post-war recovery of Ukraine – von der Leyen
Europe has a special responsibility for the future fate of Ukraine and an opportunity to make more intensive efforts for its development and recovery after the country was officially granted the status of a candidate country for membership in the European Union.
Ukraine Recovery Conference 2023 to be held in London
The United Kingdom will host the next Ukraine Recovery Conference, which is to be held in 2023.
Damage to Ukraine's infrastructure from Russian aggression exceeded $100B - Shmyhal
Ukrainian Prime Minister Denys Shmyhal has said that direct damage to Ukraine's infrastructure caused by Russian aggression has exceeded $100 billion.
Ukraine’s post-war reconstruction to consist of three stages – PM Shmyhal
Ukraine’s reconstruction plan consists of three stages, and thousands of rebuilding projects will need to be implemented after Ukraine wins the war.
Lugano Conference: Ukraine presents extensive recovery plan
The two-day Ukraine Recovery Conference is opening in the Swiss city of Lugano on July 4, 2022.
Lugano Conference: Ukraine presents extensive recovery plan
The two-day Ukraine Recovery Conference is opening in the Swiss city of Lugano on July 4, 2022.
Stolen rolled metal, grain taken from Mariupol to neutral waters, loaded on Syria-bound ships
From the port of Mariupol, the invaders carry rolled metal and grain on small river-sea vessels to loading platforms in "neutral" waters off Kerch coast, and then transport cargo farther on through Syria.
Ukraine’s defense industry has incredible potential – arms manufacturer CEO
Ukraine’s defense industry has incredible potential but its enterprises were half-loaded at the time when Russia launched its full-scale invasion of Ukraine, while for certain types of equipment produced, the numbers were even lower.