Tag: Economy

The Verkhovna Rada of Ukraine has approved draft law No. 8300, titled “On Mandatory Civil Liability Insurance for Owners of Land Vehicles.”

The spring of 2022 posed significant challenges for all Ukrainian startups, including VanOnGo, a consumer delivery platform powered by artificial intelligence

The National Bank of Ukraine (NBU) has released data on the most profitable banks since the beginning of 2024

Britain has announced a new package of military aid to Ukraine, which includes 1 million rounds of ammunition, 80 air defense missiles, and 20 amphibious armored personnel carriers

Finance ministers of the Group of Seven (G7) will meet this week in Stresa, northern Italy, to discuss the legality of using €270 billion of frozen Russian state assets as collateral for a €30 billion loan to Ukraine

The Government of Ukraine has allocated over 1.5 billion hryvnias for the restoration of the Zmiivska Thermal Power Plant (TPP) in the Kharkiv region and the Trypilska TPP in the Kyiv region

The European Union has allocated 50 million euros to support Ukrainian mass media, benefiting 150 media outlets

On March 15, Secretary of State Anthony Blinken announced an additional $2 billion military aid package to Ukraine

Since the beginning of 2024, a total of 6,724 agricultural farms in Ukraine have received UAH 43.2 billion in bank loans for development

The business community welcomes the government’s climate policy initiatives but highlights several critical points that need to be addressed for these initiatives to be effective

The Ministry of Finance of Austria has established a special credit fund in the Austrian Control Bank (OeKB) amounting to 500 million euros to support export operations with Ukraine over the next five years.

On Wednesday, May 15, the Parliament of Estonia voted in favor of a law that permits the utilization of frozen Russian assets to aid in Ukraine’s restoration efforts

During a joint press conference in Kyiv with Ukraine’s Foreign Minister Dmytro Kuleba, US Secretary of State Anthony Blinken declared an additional $2 billion in military support for Ukraine

Negotiations have commenced between Ukraine and Luxembourg to forge a bilateral security cooperation agreement, as confirmed by the Ukrainian presidential press service

The Council of the European Union has approved a strategic plan for the Ukraine Facility, outlining the framework for recovery, reconstruction, and modernization efforts in Ukraine, along with the country’s reform commitments tied to its EU accession ambitions

The National Bank of Ukraine (NBU) has announced that Ukrainian banks have achieved an 18% increase in net profits since the start of 2024 compared to the same period in the previous year

The European Union has approved the extension of duty-free trade with Ukraine for an additional year, enabling continued tariff-free and quota-free trading for Ukrainian goods until June 5, 2025

The European Investment Bank (EIB) is set to provide up to 30 million euros to support small and medium-sized enterprises (SMEs) in Ukraine

Belgium has committed to providing Ukraine with an additional €9 million to aid in the restoration of its war-damaged energy infrastructure

In a recent meeting, the head of Ukraine’s State Property Fund (SPF) and a top manager from the National Joint-Stock Company “Ukragroleasing” discussed potential business opportunities with Daisuke Asan, a representative from Japan’s Ministry of Agriculture, Forestry and Fisheries

Germany has committed 45 million euros to aid Ukraine in repairing its energy infrastructure damaged by Russian military attacks

Freight transportation volumes on Ukraine’s border with Poland have seen a dramatic increase in early May, tripling in comparison to April figures

The UK government has committed an additional £20 million (approximately €23 million) to the Energy Support Fund of Ukraine, as reported by the Ukrainian Ministry of Energy

Ukraine and Ireland have agreed to commence discussions on a bilateral security agreement, as announced by Ukrainian President Volodymyr Zelenskyy