Austrian Chancellor Karl Nehammer has disclosed Austria’s financial contributions to the EU Peace Fund, emphasizing that, due to the country’s neutral status, funds are allocated exclusively for non-lethal assistance
Tag: Economy
The Finance, Tax, and Customs Policy Committee of the Verkhovna Rada has endorsed a proposal for the dissolution of the Commission for the Regulation of Gambling and Lotteries (CRGL), aiming to automate the process of issuing licenses for the gambling industry
On Thursday, February 1, oil prices experienced a moderate increase following a significant drop the previous day, triggered by a report of rising US inventories
On February 1, the European Union leaders, during their summit, unanimously agreed to provide Ukraine with a substantial aid package amounting to €50 billion as part of the Ukraine Facility program
Germany continues its support for Ukraine with the latest delivery of a comprehensive military aid package on January 31
The International Monetary Fund (IMF) has revised its global economic growth forecast, indicating a modest improvement for 2024 but cautioning that significant challenges lie ahead
The Dutch government has committed to providing Ukraine with a substantial military aid package worth €122 million
Ukraine is successfully reviving its maritime trade, circumventing the Russian naval blockade and reinforcing its influence in the Black Sea, reports The Economist
Spain has shown a keen interest in promoting Ukrainian agricultural exports and plans to import key Ukrainian products such as corn and sunflowers
Between December 2023 and January 2024, the Security and Defense Forces of Ukraine successfully integrated 18 more NATO standards, enhancing capabilities in areas such as troop protection, navigation, and diving operations
A collaborative project worth €4.2 million, aimed at developing the fruit and vegetable sector, has been initiated in Ukraine’s Vinnytsia region
A delegation of inspectors general from three key US departments – the Ministry of Defense, the State Department, and USAID – has arrived in Kyiv, as announced by Bridget Brink, the US Ambassador to Ukraine
The International Energy Agency (IEA) reports a growing global investment in nuclear power as countries hasten the transition to a low-carbon economy
Since February 24, 2022, Ukraine has received $73.7 billion in direct budget support from international partners
On January 26, 2024, Ukrainian President Volodymyr Zelenskyy signed Decree No. 30/2024, establishing the Council on Business Support in Martial Law
The European Business Association (EBA) has outlined seven primary objectives for 2024, focusing mainly on strengthening Ukraine’s journey towards European integration
Ukraine has achieved a significant milestone in its agricultural sector, particularly in sugar production, as stated by Oleksandr Korotynskyi, director of the “Sugar Beet Production” NPC.
In a remarkable display of digital financial engagement, Ukrainian banks processed approximately 423 million transactions via the Electronic Payment System (EPS) in 2023
In a remarkable display of support, the European Bank for Reconstruction and Development (EBRD) has allocated a record 2.1 billion euros to Ukraine in 2023
The U.S. Senate’s Committee on International Relations has made a significant move by approving a bill that could lead to the confiscation of Russian assets, facilitating their transfer to Ukraine for post-war reconstruction
Germany has reaffirmed its commitment to supporting Ukraine throughout 2024, focusing on a range of military assistance measures
In 2023 and 2024, the USAID Economic Support to Ukraine project successfully delivered a total of eighteen grain trailers to various agricultural companies in Ukraine.
Ukrainian agricultural enterprises have been bolstered by the acquisition of grain trucks provided by the USAID Economic Support to Ukraine project
Denis Marchuk, Deputy Chairman of the All-Ukrainian Agrarian Council, reported significant economic losses for Ukraine, exceeding €1.5 billion, due to the blockade of its western borders