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Tuesday, 06 June 2023, 11:57
Thanks to the concerted efforts of the authorities and international support, Ukraine's economy began to recover after the coronacrisis, as evidenced by more than 3% GDP growth in 2021 and a record GDP worth more than $195 billion.
Ukrainian President Volodymyr Zelensky has met with Polish Prime Minister Mateusz Morawiecki, who arrived in Ukraine for the first time, the Ukrainian President's Office has said.
01 February 2022
President of Ukraine Volodymyr Zelensky says that the United Kingdom is allocating almost GBP 2 billion for the implementation of joint projects with Ukraine, including in infrastructure and energy.
The entire civilized world, including Germany, must make every effort to prevent the use of Nord Stream 2 as a hybrid energy weapon against Ukraine and the European Union.
The European Commission has tabled a proposal for a new emergency macro-financial assistance program for Ukraine of up to EUR 1.2 billion, as earlier announced by Commission President Ursula von der Leyen.
Prime Minister of Ukraine Denys Shmyhal discussed further gas storage cooperation at a meeting with President of the Council of Ministers of the Republic of Poland Mateusz Morawiecki.
As of January 31, 2022, coal reserves in the warehouses of Ukrainian thermal power plants (TPPs) amount to 657,200 tonnes, which is 7.9% below the level recorded on January 24.
On Tuesday, February 1, Ukraine started physical imports of gas from Hungary for the first time, Gas Transmission System Operator of Ukraine (GTSOU) CEO Sergiy Makogon wrote on Facebook.
A free trade agreement between Ukraine and Turkey is expected to be signed within days.
In 2021, PJSC Ukrnafta produced 1.117 billion cubic meters of gas and 1.499 million tonnes of oil and condensate, maintaining production result at the level of 2020, Ukrinform reports, referring to the company’s press service.
The Ukrainian economy is stabilizing, and the country's financial system is under control, President Volodymyr Zelensky has said.
Ukraine has sufficient energy resources for the heating season, President Volodymyr Zelensky has stated in his speech at the opening of the seventh session of the Verkhovna Rada of IX convocation.
The provision of EUR 1.2 billion in emergency macro-financial assistance to Ukraine by the European Commission should be a signal to investors that there is no reason to withdraw funds from Ukraine.
Minister of Infrastructure Oleksandr Kubrakov and Director General of the European Commission's department for Mobility and Transport Henrik Hololei have agreed on a roadmap for implementing the Common Aviation Area (CAA) Agreement between Ukraine and the European Union.
Raising military allowances is an urgent issue for the government, so the plan is to increase their base rate to double the minimum wage by 2023.
Ukraine and Poland have agreed on lifting restrictions on the transit of freight cars through Ukraine to Poland by rail as soon as possible.
31 January 2022
In 2021, the State Service on Food Safety and Consumer Protection of Ukraine transferred refund payments totaling UAH 11.4 million to consumers, which is UAH 1.2 million more than in 2020, Ukrinform reports, referring to the department’s press service.
Ukravtogaz, a subsidiary of NJSC Naftogaz of Ukraine, will close its compressed natural gas (CNG) stations across Ukraine on February 1, 2022, Ukrinform reports, referring to the company’s press service.
Last week authorized banks issued loans for a total sum of UAH 1.7 billion to representatives of the micro-, small- and medium-sized enterprises under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports, referring to the Economy Ministry’s press service.
The Ukrainian army is ready to repel the armed aggression of the Russian Federation, and there is no threat of Ukraine’s economy transition to a wartime footing.
The National Bank of Ukraine (NBU) has recorded a decline in currency demand on the interbank foreign exchange market last Friday, according to a press release issued by the central bank, Ukrinform reports.
Ukraine currently has enough resources to ensure its macroeconomic and macro-financial stability.
The National Bank of Ukraine (NBU) provided UAH 881 million in refinancing to three banks, Ukrinform reports, referring to the central bank’s press service.
This year Ukraine plans to adopt 92 legal acts and 55 bills related to implementing the Association Agreement between Ukraine and the European Union, Prime Minister Denys Shmyhal has posted on Facebook.
29 January 2022
By providing financial support, foreign countries and international organizations demonstrate that they believe in the stability of Ukraine's economy and give the right signals.
The Cabinet of Ministers of Ukraine makes efforts to create a comfortable environment for foreign investors and businesses to work in Ukraine.
28 January 2022
Europe may use Ukraine's underground gas storage facilities to stabilize potential energy crises.
The Ukrainian government has outlined the development of hydrogen energy as one of the most important areas in negotiations with the European Union.
In January-December 2021, Ukrainian banks received UAH 77.5 billion in net profit, which is the highest in the past years.