Ukraine has received a EUR 100-million loan on concessional terms from the French Development Agency. The funds are directed to the general fund of the State Budget to finance priority expenditures, in particular social and humanitarian. “We appreciate France’s contribution to maintaining the stability of Ukraine’s financial system, as well as its willingness to support…
Russia’s recent drone attack on energy infrastructure in the Odesa region has not only left millions of Ukrainians without electricity but also destroyed important power equipment. The relevant statement was made by Ukrainian Energy Minister German Galushchenko at a meeting of the G7+ Energy Coordination Group. The Energy Coordination Group includes the representatives of the…
All Ukrainian thermal and hydroelectric power plants have been damaged as a result of eight waves of Russian missile attacks on Ukraine. In addition, 40% of the high-voltage network facilities are damaged to varying degrees. “Ukraine’s energy system sees a significant power deficit. After eight waves of missile attacks on the country, all thermal and…
As of the evening of December 11, Ukrainian emergency teams have restored most of the generating capacities in the country’s power system, Volodymyr Kudrytskyi, Chairman of the Board of NEC Ukrenergo, has said. “As of now, Ukrainian energy engineers have been able to restore most of the generating capacities after this week’s missile attacks,” Kudrytskyi…
Ukraine is currently trying to protect the democracy of the entire civilized world, so support for Ukraine cannot be considered charity. Total aid committed to Ukraine reached 113 billion euros as last week. “It’s not charity to support Ukraine. We are trying to protect freedom and democracy of all the civilized world,” Minister of Finance…
The issue of strengthening economic cooperation between Ukraine and Slovakia was under discussion during a meeting in Kyiv between First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko and Minister of Economy of the Slovak Republic Karel Hirman. “Ukraine and Slovakia have close economic ties, which have been only strengthening recently. Following…
Minister of Energy of Ukraine German Galushchenko met with the leadership of the Japan International Cooperation Agency (JICA). The meeting was attended by Director General of the JICA Middle East and Europe Department Hideki Matsunaga, Director of the JICA Office in Ukraine Osamu Hattori, other representatives of the Agency, as well as representatives of the…