Ukraine is developing coordination with bilateral development agencies (DFIs), in particular through the Memorandum of Understanding between the EBRD and DFI on the co-financing platform, which allows the use of long-term project financing and guarantees from DFIs together with resources from international financial institutions (IFIs) to implement investment projects in Ukraine. Ukraine needs investment in…
At its session on May 24, the Cabinet of Ministers passed a resolution that set a profit margin up to 25% of the cost of ammunition for domestic producers. This was announced by Prime Minister Denys Shmyhal. According to him, this will encourage manufacturers to expand and modernise their production lines. At the same time,…
Regional countries have agreed to create a “drone wall” to protect their external borders using unmanned aerial vehicles, Lithuanian Interior Minister Agne Bilotaite has said. She made the remarks after a meeting on May 24 in Latvia with her counterparts from the other two Baltic States, Poland, Finland and Norway. “This is a completely new…
Poland is stepping up security measures around Rzeszow-Jasionka airport – the main transit hub for foreign aid to Ukraine – due to recent cases of sabotage that are believed to have been carried out on behalf of Russia. “We are facing a foreign state that is conducting hostile and – in military parlance – kinetic…
The European Commission initiated a new infringement procedure against Bulgaria for failing to submit a report on the energy performance of buildings as required by the directive. A notification letter was sent to the Bulgarian government, reminding it to provide the European Commission with a report on the optimal costs related to building energy efficiency.…
In 2023, 88% of the total foreign currency revenues in the Cherkasy region came from agricultural exports. The relevant statement was made by Cherkasy Regional Military Administration Head Ihor Taburets. “In 2023, the agricultural production index was 111.1%. The region received 88% of the total foreign currency revenues from the foreign trade turnover of food…
As estimated by the Economy Ministry, Ukraine’s gross domestic product (GDP) growth rate reached about 4.3% in April compared to the same period last year. The relevant statement was made by the ministry’s press service. “Ukraine’s economic recovery takes place despite the war and Russian massive missile attacks. According to preliminary estimates of the Economy…