Founded in 1918
Sunday, 07 December 2025, 13:46
The European Union together with Ukraine will create a financial platform of reconstruction that will help Ukraine rebuild critical infrastructure after devastating Russia's aggression and pave the way for a European future through key economic, legal, and social reforms.
About 62 million barrels of Russia's flagship Urals crude oil, a record amount, are sitting in vessels at sea.
In the temporarily occupied parts of Kherson region, farmers are being forced to sell their vegetables to Crimea at prices significantly lower than the market.
Ukraine’s Foreign Minister Dmytro Kuleba has called on all nations to reject Russia's proposals to buy cereals stolen in Ukraine.
The satellite images provided by Maxar Technologies have spotted the Russian ships being loaded with Ukrainian grain at the temporarily occupied Crimean port of Sevastopol.
23 May 2022
To dodge international sanctions, Russian nationals travel to Belarus, where they are issued Visa and MasterCard bank cards.
Since the start of a full-scale Russian invasion of Ukraine, the European Union has provided a total of EUR 4.5 billion in financial support to Ukraine.
Five enterprises, which are part of Ukroboronprom State Concern, have been seized by Russian invaders. Personnel documents were either destroyed or made inaccessible.
President of Ukraine Volodymyr Zelensky considers unblocking Ukrainian ports a strategic issue as Russia's blockade could lead to grain and oil shortage around the globe.
President of the World Economic Forum Borge Brende has urged the international community to adopt a Marshall Plan for Ukraine.
Ukrainian President Volodymyr Zelensky will address participants in the World Economic Forum’s Annual Meeting 2022.
22 May 2022
President of Poland Andrzej Duda considers that it is very important for global food security to unblock the port in Odesa so that Ukraine will be able to export food to countries that need it.
Moody's has downgraded the Government of Ukraine's foreign and domestic currency long-term issuer ratings and foreign currency senior unsecured debt ratings to Caa3 from Caa2.
Ukraine will remain in the grain market under all circumstances, including through efforts to simplify logistics between Ukraine and the EU.
21 May 2022
Russia’s Transport Minister Vitaly Savelyev says western sanctions have led to serious problems with logistics across Russia.
Normalization of the cash exchange rate after the National Bank removed rate caps is expected within 10 days. In the near future, the hryvnia rate will be at UAH 34-36 to the U.S. dollar.
Together with partners, Ukraine has established two alternative land routes for shipping agricultural products, but Russia has to cease its blockade of the Black Sea to allow “full and free export.”
The total value of assets of Russia and Belarus frozen by the Bureau of Economic Security of Ukraine (BESU) exceeds UAH 30 billion.
In the coming months, Ukraine is to receive another €9 billion in aid from the European Union.
20 May 2022
Canada will provide CAD 250 million (about $210 million) in additional support to Ukraine through the International Monetary Fund.
Foreign Ministers Dmytro Kuleba of Ukraine and Cherif Mahamat Zene of Chad have agreed to work to counter the food crisis caused by Russia's blockade of Ukrainian seaports.
As of May 21, the National Bank will lift restrictions on setting the exchange rate at which banks can sell cash foreign currency to clients.
The National Bank of Ukraine estimates the war-related economic contraction by at least a third compared to pre-war levels.
Ukraine has received $5.6 billion from international partners since the Russian invasion started.
The G7 Finance Ministers and Central Bank Governors, as well as the representatives of the International Monetary Fund (IMF), World Bank Group, Organisation for Economic Cooperation and Development (OECD), and Financial Stability Board (FSB) have announced the mobilization of $19.8 billion in economic support to Ukraine.
Ukrainian Prime Minister Denys Shmyhal has thanked the European Union for a EUR 600 million tranche.
The European Union has disbursed a new tranche of EUR 600 million to Ukraine and is working on a procedure to provide an additional EUR 9 billion loan by the end of this year.
A Swiss-based Zurich Insurance Group Ltd. (Zurich), one of the world’s leaders in insurance, is set to leave the Russian market, selling its business to 11 members of its local team.
Japan announced Thursday that it will donate EUR 2 million ($2.1 million) to the International Atomic Energy Agency for its efforts to ensure the safety of Ukrainian nuclear facilities that have come under Russian attack.