Tag: Economy

A US special subcommittee has concluded its two-year investigation into the COVID-19 pandemic and published a comprehensive 520-page report

The Italian government is gearing up to approve the 10th military aid package for Ukraine by the end of December 2024, signaling continued support amidst the ongoing conflict with Russia

Amidst ongoing economic reforms and efforts to modernize its business environment, Ukraine has faced significant criticism over the introduction of the “White Business Club”, an initiative spearheaded by the head of the parliamentary tax committee, Danylo Hetmantsev

Several international airlines have signaled their willingness to resume flights to Ukraine provided that security and insurance conditions see significant improvements

The inaugural “green” auctions in Ukraine’s energy sector have fallen short of expectations, signaling significant hurdles in the country’s transition to renewable energy sources

The Verkhovna Rada Committee on Finance, Tax and Customs Policy has approved an amendment to the draft law “On Amendments to the Tax Code of Ukraine and Some Other Legislative Acts on Stimulating the Development of the Digital Economy in Ukraine”

The Ukrainian government has awarded state grants to four additional agricultural enterprises as part of the “eWork” program, aimed at supporting small and medium-sized businesses in the horticulture, berry growing, viticulture, and greenhouse farming sectors

Hals Agro, a leading Ukrainian agroholding, has successfully launched its biomethane production into the Ukrainian Gas Transmission System (GTS)

On December 1, 2024, the Ministry of Agrarian Policy and Food of Ukraine officially launched the “e-Plant Growing” electronic system of registers, marking a significant advancement in the management and regulation of the country’s plant growing sector

The National Bank of Ukraine (NBU) has officially launched the new version of its electronic payments system, SEP-4.1, effective December 1, 2024

The Cabinet of Ministers of Ukraine has officially approved a new state property policy aimed at overhauling the management of state assets and attracting substantial investment into the country’s economy

As Ukraine approaches the end of the year, significant policy changes are set to take effect on December 1, 2024

Finnish President Alexander Stubb, French President Emmanuel Macron, and Italian Prime Minister Giorgia Meloni engaged in pivotal discussions aimed at bolstering support for Ukraine amid ongoing geopolitical tensions

António Costa, the newly elected President of the European Council, made a significant announcement during his visit to Kyiv on December 1, 2024, alongside Kaia Kallas, the EU High Representative for Foreign Affairs and Security Policy

German Chancellor Olaf Scholz arrived in Kyiv on Monday, December 2, for an unexpected and unannounced visit, underscoring Germany’s continued commitment to supporting Ukraine amid ongoing hostilities from Russia

The Cabinet of Ministers of Ukraine has officially annulled the licensing regime for the export of specific agricultural products, effective December 1, 2024

Ukraine has secured its first tranche of budgetary aid from South Korea, amounting to $100 million, as announced by Prime Minister Denys Shmyhal

The European wood panel manufacturer Kronospan, headquartered in Austria, has announced a significant investment of €200 million in a new production line for Oriented Strand Board (OSB) panels in the Rivne region of Ukraine

Ukraine is embarking on a significant partnership with Meta, the global technology giant formerly known as Facebook, to advance the development and implementation of Artificial Intelligence (AI) within the country

The Verkhovna Rada of Ukraine is witnessing a setback in its efforts to boost the renewable energy sector as the third of three planned pilot auctions for allocating quotas to support producers of electricity from alternative energy sources was canceled due to insufficient competition

DTEK RES, a leading player in Ukraine’s renewable energy sector, has officially commenced the issuance of Guarantees of Origin for Electricity from Renewable Energy Sources (GPEE)

The Verkhovna Rada of Ukraine is set to adopt significant changes in the regulation of the gambling industry, aiming to enhance control, combat illegal activities, and mitigate the social impact of gambling and lotteries

The Ministry of Defense of Ukraine has unveiled the outcomes of extensive fall meetings and negotiations with international partner countries, detailing substantial military assistance plans for 2025

President Volodymyr Zelensky has officially signed the state budget for 2025, as announced by Prime Minister Denys Shmyhal