The Government supported the draft law designed to ensure the free circulation in Ukraine of goods that meet the requirements for the safety of EU non-food products. This was announced by Prime Minister Denys Shmyhal. “Our main goal is a European future, European standards in everything. After the war, we plan to build a new…
Russia’s invasion has damaged or destroyed up to 30% of Ukraine’s infrastructure valued at $100 billion. The reconstruction could be achieved in two years using frozen Russian assets to help finance it. “Practically all components of our transport infrastructure have suffered in one form or another,” Infrastructure Minister of Ukraine Oleksander Kubrakov told Reuters. He…
A third of Ukrainian agricultural fields will not be used to sow wheat and other crops as a result of hostilities. That’s according to the United Nations Office for the Coordination of Humanitarian Affairs in Ukraine. “Up to 30% of agricultural fields in Ukraine won’t be used to plant wheat, barley, sunflowers and corn this…
Inflation in Ukraine will reach 10-20% this year. Ukrainian presidential adviser Oleh Ustenko said this during a national telethon. “I believe that inflation will be between 10% and 20% this year. This is a significant inflation, but I hope that if the war stops soon enough, the situation will develop in a positive way and…
Continued economic support by Ukraine’s partners is very important for rebuilding Ukraine, IMF Managing Director Kristalina Georgieva has announced this on Twitter. “Continued economic support by Ukraine’s partners is essential to lay the foundations for rebuilding a modern competitive Ukraine,” she wrote. According to Reuters, Ukrainian Prime Minister Denys Shmyhal said earlier he would attend…
The value of renewable energy assets located in the combat zone exceeds $5.5 billion. “It is estimated that more than $5.5 billion in assets are now located in the combat zone and almost $4 billion in investments are currently in a precarious position in neighboring regions. We already have significant renewable energy losses,” Deputy Minister…
Lithuania has already started training the first group of Ukrainian troops to use anti-tank weapons, the country’s Chief of Defence Lieutenant General Valdemaras Rupsys has said. “That training is already underway. We are training a large group of soldiers to use these weapons, mainly anti-tank weapons we use ourselves, and they also have them within…