Founded in 1918
Tuesday, 24 June 2025, 07:14
27 May 2025
A power transmission line is being constructed in the temporarily Russian-occupied territory of Zaporizhzhia and Donetsk regions, potentially enabling the restart of the seized Zaporizhzhia Nuclear Power Plant (NPP).
Ukraine’s public and government-guaranteed debt increased by UAH 357.12 billion in April 2025, reaching a total of UAH 7,480.33 billion ($179.97 billion).
26 May 2025
Representatives of Ukraine's Economy Ministry and a World Bank mission have reviewed key areas of economic development, including the implementation of the balanced entrepreneurship initiative.
Ukraine poses no threat to European farmers and is not asking for trade privileges, but is seeking an equal partnership with the European Union.
Kirill Dmitriev, Russia's special representative for economic cooperation with foreign countries, is working to protect frozen Russian assets from being targeted.
Ukrainian Foreign Minister Andrii Sybiha and Azerbaijani Economy Minister Mikayil Jabbarov met in Baku to discuss trade, investment, and energy cooperation, with a focus on strengthening Europe's energy independence.
Between January and April 2025, real estate owners in Ukraine paid UAH 4.32 billion in taxes on real estate other than land plot.
24 May 2025
Ukrainian First Deputy Prime Minister, Economy Minister Yuliia Svyrydenko has received a diplomatic note from Chargé d’Affaires a.i. at the U.S. Embassy in Ukraine Julie S. Davis, confirming the completion of internal procedures for the establishment of the U.S.-Ukraine Reconstruction Investment Fund.
Even though the European Commission has approved the transitional measures coming into effect from June 6, 2025, Ukraine and the European Union have the political will to reach an agreement on balanced trade conditions by the end of July 2025.
Ukraine and the European Union are working to expand and develop new financial mechanisms aimed at attracting more private capital for the country’s recovery.
23 May 2025
Minister of Finance of Ukraine Sergii Marchenko discussed with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva priority reforms to strengthen Ukraine's financial stability.
Given the high level of profitability of the domestic banking system, the state may decide on imposing an additional profit tax on banks at an increased rate even this year.
Russia's sovereign assets will remain frozen until it halts its aggression against Ukraine and compensates for the damages caused.
Another three plants are preparing to start biomethane production in Ukraine.
22 May 2025
Experts from the International Atomic Energy Agency (IAEA) stationed at the Zaporizhzhia Nuclear Power Plant (ZNPP) have reported that an unidentified drone hit the roof of the plant's training center. The Russian-installed administration is not allowing the IAEA access to inspect the building.
Despite increased shelling, challenging logistics and reduced production volumes, Ukrainian sea ports handled 6 million tonnes of goods in April 2025.
Ukrainian Defense Industry JSC (UDI) is interested in establishing partnership with Dutch weapons producers.
21 May 2025
Ukraine has expressed understanding of the EU countries' position on protecting their farmers but emphasized the need for open dialogue and a long-term solution that also considers the interests of Ukrainian agricultural producers.
One of enterprises, which are part of Ukrainian Defense Industry JSC (UDI), has signed a Memorandum of Cooperation with KNDS Belgium SA, known as a supplier of NATO.
20 May 2025
On Tuesday, May 20, the EU Council imposed sanctions on 21 individuals and six entities in response to Russia's destabilizing activities abroad.
Defense Minister Rustem Umerov has called on EU defense ministers to prioritize procurement in the Ukrainian defense industry.
Ukraine has already received approximately USD 10.1 billion out of the USD 15.5 billion allocated under the International Monetary Fund's Extended Fund Facility (EFF) Arrangement.
Almost two-thirds of the freight volumes handled by Chornomorsk Commercial Sea Port since early 2025 were grain exports.
An International Monetary Fund (IMF) mission has begun discussions in Kyiv with Ukrainian officials as part of the eighth review of the Extended Fund Facility (EFF) Arrangement.
Ambassador Extraordinary and Plenipotentiary of the Italian Republic to Ukraine Carlo Formosa and National Bank of Ukraine (NBU) Governor Andriy Pyshnyy have discussed the country’s macrofinancial stability ahead of the Ukraine Recovery Conference in Rome.
19 May 2025
Over the past week, 18 online auctions for the sublease of state-owned land were held through the Prozorro.Sale system under the "Land Bank" program, generating UAH 5.2 million (+ UAH 1 million in VAT).
17 May 2025
As part of a working visit to Sweden, Ukrainian Agrarian Policy and Food Minister Vitalii Koval presented the Buy Ukrainian Products initiative, which aims to support domestic agricultural producers.
16 May 2025
Simplified product codification procedure will facilitate a boom on the armaments market
As of April 1, 2025, the old external loan debts of Ukrainian enterprises reached about USD 21 billion, of which USD 14 billion is the principal amount and over USD 7 billion is interest.