Cabinet fixates gas price for heat producers
The Cabinet of Ministers has frozen the price of natural gas for heat producers at UAH 7,400 per 1,000 cubic meters (including VAT).
Economy
PM Shmyhal calls on int’l companies to return to Ukraine
Prime Minister Denys Shmyhal has called on international companies to resume operations in Ukraine and promised maximum support on the part of the government.
Ukraine demands that Russian invaders leave Zaporizhzhia NPP
The Ukrainian Foreign Affairs Ministry strongly condemns the seizure of Zaporizhzhia Nuclear Power Plant (NPP) by Russian troops and the fact that the representatives of Russian energy companies are staying there.
EU suspends all duties on imports coming from Ukraine for one year
The European Union has officially suspended all duties on imports coming into the EU market from Ukraine to boost Ukraine’s economy affected by the Russian aggression.
Energoatom to supply electricity to Moldova from June 4
From June 4, 2022, Energoatom National Nuclear Energy Generating Company of Ukraine will supply electricity to the Republic of Moldova.
Ukraine to build nine nuclear power units with Westinghouse
The number of nuclear power units to be built in Ukraine together with Westinghouse will grow to nine.
U.S. hits export restrictions on over 70 companies from Russia, Belarus
The U.S. Department of Commerce has imposed new export restrictions on 71 companies from Russia and Belarus over aggression against Ukraine.
Baltic states reach accord to snub Russian electricity
Baltic energy system operators – Estonia's Elering, Latvia's Augstsprieguma tīkls (AST), and Lithuania's Litgrid have signed an agreement to stop buying electricity in Russia.
02 June 2022
Shmyhal calls on UN to take decisive action to avoid global food crisis
Ukrainian Prime Minister Denys Shmyhal has accused Russia of orchestrating a global food crisis, denounced its blockage of Ukrainian ports and called on the UN and international partners to take decisive action to respond to these challenges.
Ukraine may receive USD 4.8B from international partners in June
Ukraine may receive USD 4.8 billion in funding from international partners within this month.
National Bank warns of higher inflation in coming months
Despite gradual recovery of the Ukrainian economy, the trend toward accelerating inflation will prevail in the coming months.
Ukraine to receive €330M in EU assistance to support population and economy
Ukraine will receive 330 million euros from the European Union under the emergency assistance program. These funds are intended to support the population affected by Russia's war against Ukraine and will facilitate strengthening the country's resilience.
National Bank of Ukraine raises rate to 25%
The National Bank of Ukraine (NBU) has raised its main interest rate from 10% to 25%.
Grain and energy: Yermak invites Gulf states to set up advisory council
Head of the President's Office Andriy Yermak suggested establishing an advisory council on food and energy with the participation of Gulf states, opening offices of Arab TV companies in Ukraine and called on the Gulf states to join the sanctions against Russia.
Russia must take first step to unblock Ukrainian exports – Ukraine’s MFA
Russia must take the first step to unblock Ukrainian food exports by withdrawing its forces in the maritime waters around Ukraine and providing security guarantees against attacks on ports and commercial convoys.
U.S., allies are looking for solutions to free up millions of tons of grain stuck in Ukraine
The U.S. administration, together with allies and partners, are working out options to ease the fallout of the food crisis that is unfolding over the ongoing war Russia is waging against Ukraine, to unblock Ukrainian seaports and help Ukraine export its grain intended for global markets.
Ukraine, Poland sign memo on restoring energy interconnector
Minister of Energy of Ukraine Herman Galushchenko and Minister of Climate and Environment of Poland Anna Moskwa signed a Memorandum of Intent on cooperation in the field of energy.
01 June 2022
Ukraine, Poland plan to set up joint defense enterprise to produce weapons, equipment
Ukraine and Poland plan to set up a joint defense enterprise to produce weapons and military equipment.
Poland will be economic hub for Ukraine – Morawiecki
Poland intends to become an economic hub for Ukraine, Polish Prime Minister Mateusz Morawiecki has said.
Pope Francis calls for not using wheat as weapon of war
Pope Francis has appealed for an end to the blockage of grain exports from Ukraine.
EU may introduce insurance ban for ships carrying Russian oil – Yermak
The European Union may introduce an insurance ban for ships carrying Russian oil.
Ukrainian foreign minister calls on Australia to include Ukraine in system of tariff preferences
Ukrainian Foreign Minister Dmytro Kuleba has called on Australia to provide more weapons to Ukraine and proposed including the country in the Australian System of Tariff Preferences.
31 May 2022
Kremlin may lose up to $25B from sixth package of sanctions - Ukraine PM
The Kremlin regime may lose between US$10 billion and $25 billion once the sixth package of EU sanctions is introduced.
Support from allies exceeds $7B over three months - PM Shmyhal
Over the past three months, financial support received from Ukraine's allies has already exceeded $7 billion.
Assets of Russia’s Tatneft seized in Ukraine
The assets, accounts and shares of Russia’s Tatneft Group, totaling about UAH 2 billion, have been seized in Ukraine.
Ukraine exports over 1M tonnes of grain in May
Ukraine has exported more than 46.9 million tonnes of grain and leguminous crops as of May 30, including 1.06 million tonnes in May.
EU approves partial oil embargo on Russia, Sberbank's disconnection from SWIFT - Michel
EU member states have reached an agreement that will impose a partial embargo on the purchase of Russian oil, disconnect Russia's Sberbank from the international payment system SWIFT, and ban three more Russian state broadcasters.
EU ready to provide EUR 9B in macro-financial assistance to Ukraine - Michel
The European Union is set to provide Ukraine with another EUR 9 billion in macro-financial assistance.
30 May 2022
Russians steal almost 500,000 tonnes of grain from occupied Ukrainian territories
Russia has illegally exported from the temporarily occupied territories of Ukraine almost half a million tonnes of grain.