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Ukraine Wants to Join EU in Next Two Years
Ukraine has an ambitious plan to become a European Union member in next two years.“We have a very ambitious plan to join the European Union within the next two years. So we expect that this […]
The World Economic Forum in Davos is a great opportunity for the world’s leading countries to agree on providing assistance to Ukraine
The World Economic Forum, which is taking place these days in Davos, is a unique opportunity to provide Ukraine with additional assistance and impose new sanctions on Russia. Ukraine does not just protect its sovereignty […]
Powerful Blow: How Russian Aggression Affects Global Economy?
A new crisis caused by the biggest war in Europe since World War II could hit the wallets of not only Ukrainians but also residents of many countries around the world, including the EU and […]
IMF Going to Ukraine to Hold Negotiations
The second mission of the International Monetary Fund to Ukraine will start working on 11 November. "The final agreements will be formulated based on the results of the second mission that will start working on […]
Serhiy Marchenko: Ukraine Needs More Weapons, Sanctions, Financial Support
Russia's illegal invasion of Ukraine is the main cause of the world crisis. This was underscored by Minister of Finance of Ukraine Serhiy Marchenko during the discussion "War in Ukraine: Financing the Victory." The event […]
Ukraine Gets Additional Funding of $500M from World Bank
Ukraine’s state budget received $500 million in additional funding from the World Bank. The funds were provided on preferential terms as a guarantee from the United Kingdom, the Ministry of Finance of Ukraine reports. The loan was […]
Ukraine’s Authorities Ask Partners to Launch ‘Financial Ramstein’
President Volodymyr Zelensky called on Western partners to launch a "financial Ramstein" to support Ukraine by analogy with the US-initiated format to provide weapons to Ukraine. The Head of State put forward a relevant proposal […]
Kyiv to Initiate EU Embargo on Russian Fertilisers
Ukraine will insist that an embargo on Russian fertilisers be included in the next package of European Union sanctions against the Russian Federation. A corresponding statement was made by Minister of Economy of Ukraine Yulia […]
Over 1.7M Tonnes of Agricultural Products Exported in First Month of ‘Grain Initiative’
Since 1 August, when the implementation of the "grain initiative" began, 1.72 million tonnes of agricultural products have been shipped from the Ukrainian ports of Odesa, Chornomorsk, and Pivdennyi. A total of 68 ships left […]
Ukraine Has Already Exported 1M Tonnes of Foodstuffs Via ‘Grain Corridor’
For the first month of operation of the so-called "grain corridor," more than one million tonnes of agricultural products have been exported from Ukrainian ports. "As part of the implementation of the initiative for the […]
Fitch Upgrades Ukraine’s Issuer Default Rating
The international rating agency Fitch upgraded Ukraine's Long-Term Foreign-Currency Issuer Default Rating to 'CC' (probable default). This is stated in a press release published on the agency's website. It is noted that the upgrade follows the […]
‘Grain Initiative’ – Second Caravan Carrying Foodstuffs Leaves Ukrainian Ports
The second caravan carrying Ukrainian foodstuffs left the “Odesa” and “Chornomorsk” ports. Three ships departed from Chornomorsk and one more from Odesa. The ships are heading to the ports of Italy, China, and Turkey, the Ministry of […]
Lebanese Court Releases Ship Carrying Ukrainian Grain Stolen by Russia
A Tripoli court lifted the arrest of the Syrian ship Laodeci which is carrying Ukrainian agricultural products stolen by the Russians, Anahar Lebanese media outlet reports. It is noted that the arrest was lifted in […]
Ukraine to Receive EUR 1B of EU Macro-Financial Assistance in July
Minister of Finance of Ukraine Serhii Marchenko has signed the Memorandum of Understanding between Ukraine and the EU and the Loan Agreement for receiving exceptional macro-financial assistance from the EU in the amount of EUR […]
16 Commercial Vessels for Transportation of Ukrainian Agricultural Products Pass Through Bystre Estuary. Another 90 in Line
According to the information of the Ministry of Infrastructure of Ukraine, as of 20:00 on 12 July 2022, 16 commercial vessels that will transport Ukrainian agricultural products to foreign markets passed through the channel of […]
Foreign Funds Cover Only Half of Ukraine’s Budget Needs
Of $22 billion needed to cover the budget deficit and debt repayment in March-June, Ukraine received only $10.2 billion in foreign loans and grants. This is stated by the Centre for Economic Strategy based on data […]
Canada’s Decision to Return Repaired Turbines of Nord Stream 1 to Germany Is Dangerous Adaptation to Russian Whims
The Ministry of Foreign Affairs of Ukraine and the Ministry of Energy of Ukraine expressed their deep disappointment in connection with the decision of the Canadian government to issue a permit for the return of […]
European Parliament Greenlights EU Macro-Financial Assistance to Ukraine Worth EUR 1B
The European Parliament voted for the European Commission's proposal to provide Ukraine with EU macro-financial assistance to meet urgent budgetary needs totalling EUR 1 billion. Such a decision of one of the key EU bodies was […]
#Boycott Lukoil Campaign Ongoing in Belgium for Three Months
For three months in a row, a #BoycottLukoil campaign, aimed against the Russian business that finances the Russian Federation's war against Ukraine, has been going on in Belgium. For these months, hundreds of people have […]
Indirect War-Related Losses of Ukrainian Agricultural Sector Exceed $23B
Indirect losses in agriculture due to declining production, port blockades, and higher prices for production factors are estimated at more than $23.3 billion. This is stated in a review prepared by the Centre for Food […]