Founded in 1918
Tuesday, 24 February 2026, 03:43
President of the European Commission Ursula von der Leyen announced Ukraine's accession to several EU programs and a proposal to extend the suspension of import duties on all Ukrainian exports for another year.
The total amount of damage and destruction suffered by Ukraine due to Russia’s military aggression is estimated at $600-750 billion as of the beginning of 2023.
Ukraine has signed an agreement with the European Union on participation in the Single Market Programme.
Prime Minister Denys Shmyhal of Ukraine emphasized the need to discuss with international partners the need to increase electricity imports from EU countries to 2 GW.
The practice of liberalizing Ukraine's trade with the European Union has shown its effectiveness and should be continued.
The European Commission invited Ukraine to the EU Energy Platform and provided 2,400 additional generators.
Prime Minister of Ukraine Denys Shmyhal estimates the country's economic downturn at more than 30% for the previous year and expects growth of 0.3% this year.
01 February 2023
Several memoranda of understanding in the fields of energy and environmental protection were signed in the presence of President of Ukraine Volodymyr Zelensky and President of the Republic of Austria Alexander Van der Bellen in Kyiv.
Ukraine’s need for international financing in 2023 remains significant and amounts to about $3 billion per month.
President of Ukraine Volodymyr Zelensky has emphasized the need to strengthen sanctions against Russia and noted that some Austrian businesses continue to work in the Russian Federation.
As of February 1, 2023, Ukraine has enough energy resources to complete the current heating season.
The Cabinet of Ministers appointed Serhiy Zviagintsev as acting head of the State Customs Service, and Olha Shevchenko as acting head of the State Service on Food Safety and Consumer Protection.
Ukraine's State Bureau of Investigation (SBI) has issued a notice of suspicion to former Ukrainian Energy and Coal Industry Minister Ihor Nasalyk.
Austria will allocate another five million euros to the Ukraine Energy Support Fund to help restore the country's energy infrastructure damaged by Russian drone and missile attacks.
The Government of Japan allocates $170 million for the implementation of emergency recovery projects, including the reconstruction of Ukraine's critical infrastructure.
31 January 2023
The U.S. International Development Finance Corporation (DFC) will allocate $250 million to support Ukrainian small and medium-sized businesses in 2023.
Speaking at the Luxembourg-Ukraine Business Forum "Rapid Recovery of Ukraine", Prime Minister Denys Shmyhal outlined five rapid reconstruction priorities.
Last year, the Russian Federation significantly increased the import of microchips, exceeding the pre-war level.
As of 11:00 on January 31, electricity consumption continues to increase due to lower air temperatures, while the power system still experiences a significant deficit in generating capacity.
30 January 2023
Exports of foodstuffs from Odesa ports through the "grain corridor" decreased by a third over the past week due to sabotage by the Russian side.
On January 30, 2023, Special Representative of Ukraine for the Middle East and Africa Maksym Subkh in a phone call with Deputy Minister of Foreign Affairs of Kuwait Mansour Al-Otaibi called on Kuwait to join the Grain from Ukraine program.
President of Ukraine Volodymyr Zelensky has proposed that the Black Sea Grain Initiative be expanded to the ports of Mykolaiv region.
Iran and Russia have connected their interbank communication and transfer systems to boost trade and financial transactions in the wake of Western sanctions imposed against both nations.
On January 30, the EU Agriculture and Fisheries Council in Brussels will, among other issues, reaffirm solidarity with Ukraine and consider further ways to support its agricultural sector.
The ambassadors of the Group of Seven and the European Union expect Ukraine to resume electronic declaration and approve the State Anti-Corruption Program.
29 January 2023
Ukraine has proposed creating a mechanism for auditing the aid provided by the United States for recovery projects, together with the U.S. Government Accountability Office.
In the wake of Russia’s unprovoked aggression toward Ukraine, NATO member states should move to the “war economy” in peacetime.
The deficit in the energy system of Ukraine is still significant as one of the power units at an unspecified thermal power plant is currently under repair due to technical reasons.
28 January 2023
Ukrainian President Volodymyr Zelensky has signed a decree implementing the decision by the National Security and Defense Council of Ukraine on the introduction of sanctions against legal entities and individuals that Russia is using to transport military equipment and soldiers by rail.