Economy

EIB to provide EUR 12M loan to Lviv for trams

EIB to provide EUR 12M loan to Lviv for trams

The European Investment Bank (EIB) will grant a EUR 12 million loan to the city of Lviv for the purchase of new trams under the Ukraine Urban Public Transport Project, the Ukrainian Infrastructure Ministry has reported.

Ukraine imports almost 13 bcm of gas this year

Ukraine imports almost 13 bcm of gas this year

Gas Transmission System Operator (TSO) of Ukraine LLC transported 12.5 billion cubic meters of gas from Europe to Ukraine at the request of its customers between January-August 2020, which is 30% (2.9 billion cubic meters) more than in the same period last year and 63% higher than the average volume in 2016-2019, the company’s press service reports.

NBU’s assets grew by 13% in H1 2020

NBU’s assets grew by 13% in H1 2020

In January-July 2020, assets of the National Bank of Ukraine (NBU) increased by 13% compared to the consolidated balance sheet data as of December 31, 2019, and reached UAH 1.199 trillion, according to the central bank’s press service.  

Zelensky inspects reconstruction of roads in Kharkiv region

Zelensky inspects reconstruction of roads in Kharkiv region

Ukrainian President Volodymyr Zelensky has inspected from a helicopter the reconstruction of state and local roads in the Kharkiv region, which is carried out as part of the Big Construction program, the presidential press service has reported.

01 September 2020

31 August 2020

Macroeconomic situation in Ukraine remains stable - Danylyshyn

Macroeconomic situation in Ukraine remains stable - Danylyshyn

The macroeconomic situation in Ukraine remains stable but indicates that there are risks of the rooting of negative trends in economic development, which have been observed over the past year, Chairman of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn has said on his Facebook page.

International partners to help transform coal regions – Shmyhal

International partners to help transform coal regions – Shmyhal

Ukrainian Prime Minister Denys Shmyhal has said that the coal industry is the basis of the economy of many industries: energy, metallurgy and chemical industry, and also has significant social importance for single-industry cities, of which there are more than 60 in Ukraine.

29 August 2020

28 August 2020

Ukraine, Poland sign declaration on exchange of tax information

Ukraine, Poland sign declaration on exchange of tax information

The finance ministers of Ukraine and Poland, Serhiy Marchenko and Tadeusz Kościński, signed a joint declaration on bilateral cooperation in the exchange of tax information, in particular in terms of VAT administration, as well as in cross-border economic cooperation.

Ukraine, Poland sign declaration on exchange of tax information

Ukraine, Poland sign declaration on exchange of tax information

The finance ministers of Ukraine and Poland, Serhiy Marchenko and Tadeusz Kościński, signed a joint declaration on bilateral cooperation in the exchange of tax information, in particular in terms of VAT administration, as well as in cross-border economic cooperation.

Ukraine, China discuss trade and economic partnership

Ukraine, China discuss trade and economic partnership

Ukraine and China have agreed to continue increasing trade in goods and services, exploring ways to liberalize trade, and identifying joint projects in the fields of agribusiness, infrastructure, energy, and energy conservation, the press service of the Ministry of Economic Development, Trade and Agriculture of Ukraine has reported.

27 August 2020

Ukraine interested in capabilities of Turkish defense industry – Urusky

Ukraine interested in capabilities of Turkish defense industry – Urusky

Ukraine and Turkey have significant potential for stepping up cooperation in the defense industry, primarily in the field of aircraft engine construction and the aviation industry in general, Ukraine's Deputy Prime Minister and Minister for Strategic Industries Oleh Urusky has told Ukrinform.

26 August 2020

25 August 2020

Danylyshyn doubts Ukraine can get two tranches from IMF this year

Danylyshyn doubts Ukraine can get two tranches from IMF this year

Chairman of the Board of the National Bank of Ukraine (NBU) Bohdan Danylyshyn has said that the receipt of two tranches from the International Monetary Fund in 2020 is unrealistic and called for a revision of the conceptual framework for cooperation with the IMF.

Ukraine to receive EUR 600 mln of first tranche of EU aid – PM

Ukraine to receive EUR 600 mln of first tranche of EU aid – PM

The ratification by the Verkhovna Rada of the memorandum of understanding between Ukraine and the European Union and the loan agreement on the provision of EUR 1.2 billion of macro-financial assistance to our country from the EU will allow the country to receive the first tranche worth EUR 600 million in the near future.

Ukraine ratifies EUR 450M road development agreement with EIB

Ukraine ratifies EUR 450M road development agreement with EIB

The Verkhovna Rada, Ukraine's parliament, has adopted the law "On the Ratification of the Financial Agreement 'European Roads Ukraine III (Trans-European Transport Network Development Project) between Ukraine and the European Investment Bank'."

Shmyhal, Maas discuss economic forum in Berlin

Shmyhal, Maas discuss economic forum in Berlin

Ukrainian Prime Minister Denys Shmyhal and German Federal Foreign Minister Heiko Maas discussed energy cooperation, the Common Aviation Area (ECAA) Agreement between Ukraine and the EU, and the holding of the fourth Ukrainian-German Economic Forum in Berlin.

22 August 2020

21 August 2020

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