Ukraine’s underground gas reserves reach 19.5 bcm – Naftogaz
Ukraine has increased the volume of gas in underground storage facilities up to 19.5 billion cubic meters, which is 4 billion cubic meters more than in the same period last year.
Economy
German Government: Ukraine should remain gas transit country when Nord Stream 2 is launched
The official Berlin still insists that Ukraine should remain a transit country for Russian gas supplies to Europe even if Nord Stream 2 becomes operational.
Government closely studying situation around PrivatBank, not holding any talks - Honcharuk
Ukrainian Prime Minister Oleksiy Honcharuk has said that the government was not holding any talks with businessman Ihor Kolomoisky on PrivatBank.
Zelensky, Kolomoisky seek compromise on PrivatBank – Ukrainian PM
The Ukrainian authorities are seeking a compromise with businessman Ihor Kolomoisky over a PrivatBank case, but this move may alienate Kyiv's western partners, Ukrainian Prime Minister Oleksiy Honcharuk has told British newspaper Financial Times.
Economy minister outlines priorities: labor market, investment, land market and export
Reforming the labor market, attracting investment in the Ukrainian economy, opening the land market, developing exports and increasing international trade are the main priorities of the Ministry of Economic Development, Trade and Agriculture of Ukraine.
Some 22 investment projects implemented in Vinnytsia region this year
A total of 22 investment projects worth UAH 486 million have been implemented in Vinnytsia region since the beginning of 2019, the press service of Vinnytsia Regional State Administration reports.
Slovakia supports Ukraine's position on Nord Stream 2 - Caputova
Ukraine still has a post-Soviet influence on energy that needs to be minimized, so the government's priority over the next few years is to create competition in the energy market, Ukrainian Prime Minister Oleksiy Honcharuk has said.
16 September 2019
Ukraine, Slovakia prepare agreements on border control and Uzhgorod airport
Ukraine is interested in deepening cooperation with Slovakia on joint control at the state border and in the area of labor migration.
Ukraine exports grain crops 3.8 mln tonnes more than last year
Since the beginning of the 2019/2020 marketing year (MY), Ukraine has exported 11.1 million tonnes of grain crops, which is 3.8 million tonnes more than in the same period of the last MY, the press service of the Ukrainian Agrarian Policy and Food Ministry reports.
Zelensky: Ukraine and Slovakia are reliable gas transit countries
President of Ukraine Volodymyr Zelensky has assured that Ukraine and Slovakia will make every effort to ensure uninterrupted gas supply to Europe.
Slovak president calls Nord Stream 2 project politically motivated
Slovakia considers Nord Stream 2 a project that, in addition to economic goals, pursues political goals, Slovak President Zuzana Caputova has said.
European Commission confirms date and place of trilateral gas talks
The European Commission has confirmed that the talks between the European Commission, Ukraine and Russia on the transit of Russian gas to European consumers across the territory of Ukraine will take place on Thursday, September 19.
PM Honcharuk announces holding of investment forum in Mariupol in October
Prime Minister of Ukraine Oleksiy Honcharuk has announced the intention of the authorities to hold a large investment forum in Mariupol (Donetsk region) on October 29.
Ukrainian export development is government’s priority – Mylovanov
The development of exports of Ukrainian goods is a priority for the government.
Ukraine needs UAH 438 bln to pay off debt next year - Finance Ministry
Ukraine's public debt payments in 2020 will amount to about UAH 438.1 billion, including UAH 145.2 billion to be used to service the debt, the press service of the Ukrainian Finance Ministry has reported, referring to the draft law on Ukraine's state budget for 2020.
Ukraine plans to borrow about 380 billion next year
Ukraine plans to borrow about UAH 380 billion (about $15.3 billion) next year.
Ukraine's state budget for 2020 tabled in parliament
The draft law on Ukraine's state budget for 2020 has already been submitted to the Verkhovna Rada.
14 September 2019
Ukraine wants to unite waterways from the Black Sea to the Baltic Sea
The Ukrainian authorities are currently considering a project to unite the waterways from the Black Sea to the Baltic Sea.
Fitch Ratings upgrades Naftogaz's long-term foreign-currency IDR
Fitch Ratings has upgraded National Joint Stock Company Naftogaz's long-term foreign-currency issuer default rating (IDR) to 'B' from 'B-'. The outlook is positive.
13 September 2019
PM Honcharuk invites Finnish business to invest in Ukraine
Prime Minister of Ukraine Oleksiy Honcharuk and President of the Republic of Finland Sauli Niinisto discussed the investment climate in Ukraine, as well as the exchange of experience on reforms, in particular in the education sector.
NBU and IMF start working on new cooperation program
The National Bank of Ukraine (NBU) and the International Monetary Fund (IMF) have begun joint work on a new program of cooperation, according to the NBU press service.
Energy Ministry, World Bank discuss investments in municipal solid waste management
The Ministry of Energy and Environmental Protection of Ukraine has discussed with the World Bank the possibility of expanding the portfolio of investment projects and opening directions for investments in municipal solid waste management.
Taxpayers in Donetsk region transfer over UAH 15 bln to consolidated budget
In January-August 2019, UAH 15.4 billion in revenues from taxes collected in Donetsk region were transferred to the consolidated budget of Ukraine, which is 4.5% more than in the relevant period last year.
Ukraine climbs three positions in economic freedom ranking
In the global ranking of economic freedom, Ukraine has climbed three positions, but still remains the only European country in the category of least-free nations.
Ukraine increases electricity imports by 13% in August - Ukrenergo
In August 2019, Ukraine’s imports of electricity made up 311.4 million kWh, while exports reached 490 million kWh, according to the press service of NPC Ukrenergo.
President promises personal guarantees of protection to foreign investors
President of Ukraine Volodymyr Zelensky calls on foreign investors to enter the Ukrainian market and promises them personal guarantees of protection.
Ukraine intends to join EU energy market in 2025 – PM Honcharuk
Prime Minister Oleksiy Honcharuk has stated that Ukraine intends to integrate into the European energy market in 2025.
PM Honcharuk meets with EBRD delegation
Prime Minister of Ukraine Oleksiy Honcharuk has met with a delegation of the European Bank for Reconstruction and Development (EBRD), led by EBRD Vice President Alain Pilloux.
12 September 2019
Zelensky warns Niinisto of danger of Nord Stream 2
Nord Stream 2 poses a threat to the whole of Europe, and its evaluation as a purely commercial project may cost European partners much in the future, Ukrainian President Volodymyr Zelensky has said.
SkyUp Airlines launches flights to UAE from three Ukrainian cities
Ukraine’s low-cost airline SkyUp Airlines has announced the launch of new flights to Sharjah (UAE) from Lviv, Zaporizhzhia and Kharkiv from October 2019, according to the airline's press service.
Head of Ukraine's anti-corruption court meets with IMF representatives
Head of Ukraine's High Anti-Corruption Court (HACC) Olena Tanasevych has met with representatives of the International Monetary Fund (IMF), the court has said on its Facebook page.
PM Honcharuk: Government aims to strengthen public-private partnership in infrastructure
Prime Minister of Ukraine Oleksiy Honcharuk congratulates the Infrastructure Ministry on the beginning of the first competitions for port concession and notes that the Government is set to strengthen the practice of public-private partnership in infrastructure.
EU extends sanctions against Russia until March 2020
The Council of the European Union has adopted a decision to extend EU sanctions over actions against the territorial integrity of Ukraine until March 15, 2020, according to the Council’s press release.
Revenues of state budget’s general fund grow 7.7% - Finance Ministry
Revenues of the general fund of the state budget in January-August 2019 grew by 7.7% compared with the relevant period last year, up to UAH 594.1 billion, according to the press service of the Finance Ministry.
Orzhel announces possible approval of unbundling model before next round of gas talks
The Cabinet of Ministers of Ukraine may approve the model of separation of the gas transmission system from the NJSC “Naftogaz of Ukraine” until the next round of trilateral gas talks scheduled for September 19.
Gas transit through Ukraine grows 2 percent since year-start - Ukrtransgaz
Since the start of 2019, volumes of gas transit through the territory of Ukraine have grown by 2%, up to 59.5 billion cubic meters, the press service of JSC Ukrtransgaz has reported.
Ukraine increases gas injection volumes by one third since beginning of year — Ukrtransgaz
Ukraine for eight months of 2019 pumped 9.6 billion cubic meters of natural gas into underground gas storage facilities, which is 33% more than in the same period last year, according to the company’s press service.
Ukrainian government to halve paper consumption
Minister of the Cabinet of Ministers Dmytro Dubilet has promised to halve the amount of paper used by the Ukrainian government.
Parliament adopts bill on sources of financing of State Road Fund
The Verkhovna Rada approved the bill, No.1063, on amendments to the Budget Code of Ukraine on the sources of financing of the State Road Fund.
PrivatBank’s net profit rises three-fold since year-start
PrivatBank's net profit amounted to UAH 25.8 billion in January-August 2019, which is three times higher than in the relevant period last, the bank has said in a press release available to Ukrinform.
Parliament approves bill on financial restructuring
The Verkhovna Rada at the first reading approved a bill on introducing amendments to some laws to improve the procedure of financial restructuring in Ukraine.
Cabinet of Ministers allocates UAH 100,000 to each of freed prisoners
The Cabinet of Ministers of Ukraine has allocated UAH 100,000 to each of 35 sailors and political prisoners who were released as a result of a Ukraine-Russia prisoner swap on September 7.
11 September 2019
Ryanair to launch Lviv-Budapest flights
The Irish low-cost airline Ryanair has announced the launch of a new route from Lviv to Budapest from April 2020.
IMF mission arrives in Kyiv
The mission of the International Monetary Fund (IMF) has arrived in Ukraine to discuss cooperation, Prime Minister Oleksiy Honcharuk has said.
Parliament approves bill on promoting investment activity in Ukraine
The Verkhovna Rada approved at first reading bill No.1059 “On amendments to some legislative acts of Ukraine on promoting investment activity in Ukraine”.
Ukraine pumped 19 bcm of gas into underground storage facilities
As of September 11, 19 billion cubic meters (bcm) of gas was pumped into Ukraine’s underground gas storage facilities.
Finance Ministry replenishes state budget with UAH 16.5 bln
The Finance Ministry of Ukraine attracted UAH 16.5 billion to the state budget as a result of the sale of government domestic loan bonds on September 10, 2019, according to the ministry’s website.
EU court restricts Gazprom’s monopoly, saves gas transit via Ukraine - PGNiG
The decision of the EU court to cancel the European Commission’s decision, which gives Russia’s Gazprom a monopoly on the access to the Germany’s OPAL gas pipeline, actually saves the transit of gas to Europe via Ukraine.
Ukraine, World Bank discuss social policy reforms
Ukrainian Social Policy Minister Yulia Sokolovska has met with a World Bank delegation led by World Bank Country Director for Belarus, Moldova, and Ukraine Satu Kahkonen, according to the website of the Ukrainian government.
10 September 2019
Wizz Air to launch new flights to Kharkiv and Lviv
Hungary’s low cost Wizz Air airline has announced about the launch of two new routes from Ukraine: Budapest - Lviv and Budapest - Kharkiv.
U.S. sends expert team to Ukraine to help develop winter action plan
The U.S. Department of Energy is sending an expert delegation to Ukraine to help develop a winter action plan to address critical needs for the 2019-2020 winter season.
State Fiscal Service: 596,000 Ukrainians declare over UAH 95 bln in revenue last year
Since the start of 2019, 596,000 Ukrainian citizens and individuals engaged in independent professional activities have submitted income declarations for a total sum of UAH 94.4 billion for 2018, the press service of the State Fiscal Service has reported.
09 September 2019
Ukraine establishing customs cooperation with China and Poland
Chairman of Ukraine's State Customs Service Maksym Nefyodov has met with representatives of the Polish and Chinese customs services and discussed further cooperation.
Trilateral gas talks to be held on September 19 - Maros Sefcovic
Vice-President of the European Commission for the Energy Union Maros Sefcovic has confirmed that the EU-Russia-Ukraine gas negotiations will be held on September 19.
Ukrainian government approves bill ratifying FATCA
The Cabinet of Ministers has approved a bill to ratify the Agreement between the governments of Ukraine and the United States to improve tax compliance and application of provisions of the U.S. Foreign Account Tax Compliance Act (FATCA) and related bills, the Ukrainian Finance Ministry’s press service reported.
Government appoints three deputy economic development ministers
The Cabinet of Ministers of Ukraine has appointed three Deputy Ministers for Economic Development, Trade and Agriculture - Pavlo Kukhta, Taras Kachka and Taras Vysotskyi, according to the ministry’s press service.
Ukraine implemented 522 donor assistance projects worth $5.9 bln in H1 2019
In the first half of 2019, 522 donor assistance projects worth $5.9 billion were implemented in Ukraine, according to the Economic Development Ministry.
Ukraine’s underground gas reserves reach seven-year high - Naftogaz
Ukraine’s gas reserves in underground storage facilities have exceeded a maximum level in the past seven years, according to the press service of NJSC Naftogaz of Ukraine.
07 September 2019
Fitch upgrades Ukraine to 'B'; outlook positive
Fitch Ratings has upgraded Ukraine's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to 'B' from 'B-'. The outlooks are positive.