A majority of EBA member companies have experienced repercussions stemming from the strikes at Polish-Ukrainian checkpoints. Survey data conducted by the association supports this claim, reports EBA. “In general, 67% of the surveyed top managers of member companies of the EBA reported that their business felt the consequences of the strikes at the Polish-Ukrainian checkpoints,”…
On March 12, the Ministry of Finance raised UAH 8.9 billion to the state budget at an auction for the placement of domestic government bonds. The ministry’s press service said this in a post on Facebook. “Today, the Ministry of Finance placed bonds worth almost UAH 8.9 billion in equivalent,” the post reads. The Ministry…
The power system of Ukraine experienced a surplus of electricity on March 11. At the request of NPC Ukrenergo to the neighbouring transmission system operator, the surplus was transferred to Poland in the total amount of 1,488 MWh (from 10:30 to 14:00). O March 12, repeated hostile shelling damaged overhead lines in Chernihiv region, cutting…
The National Bank of Ukraine (NBU) sold $156.8 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. From March 4 to March 8, the National Bank sold $156.8 million and purchased $23.11 million on the interbank foreign exchange market. Since…
The National Bank is making gradual, cautious progress in the discussion on the use of immobilized Russian assets, Andrii Pyshnyi, the head of the National Bank, has said on his Facebook page. “We summarized the previous month at a meeting with representatives of the largest 30 banks. First of all, there were significant shifts in…
Ukraine is increasing its electricity exports. While in February the country sold 64,000 MWh of electricity to its neighbours, in just 6 days of March it sold 57,000 MWh. In addition, if necessary, surplus electricity was transferred as emergency aid to neighbouring Poland. This became possible thanks to the largest repair campaign at energy facilities…
The Government has approved a procedure for the use of funds for partial compensation to farmers who buy Ukrainian agricultural machinery. This was announced by Prime Minister Denys Shmyhal during a Government session. “Our priority is to support Ukrainian producers in all areas. This year, we allocate UAH 1 billion for a programme of partial…