For the time being, the National Bank of Ukraine will stick to the fixed hryvnia exchange rate, as the regulator sees no reason to return to a floating rate, NBU Governor Andriy Pyshnyi has said. “The fixed exchange rate is also about shifting from market principles, but on the other hand, it is a forced…
On December 1, a caravan of 3 vessels departed from the ports of Great Odesa, which would deliver 126,000 tons of agricultural products to the countries of Africa, Asia and Europe. Among them is bulk carrier Golden Arsenal with Ukrainian wheat for Algeria. Currently, 22 vessels are being processed in the ports of Great Odesa…
Germany has provided EUR 56 million to Ukraine for the repair of its energy infrastructure. German Chancellor Olaf Scholz said this in a phone call with Ukrainian President Volodymyr Zelensky, federal government spokesman Steffen Hebestreit reported. On November 29, Chancellor Scholz called President Zelensky to exchange views on the political, military and humanitarian situation in…
Despite the constant shelling of the energy system, it remains integral. All regions of Ukraine are connected, except for Kherson region, where the area is densely mined and the damage is very significant, Prime Minister Denys Shmyhal stated in his opening statement during a Government session on November 29. According to him, currently, electricity production…
First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko and Secretary of State for Transport of the United Kingdom Mark Harper discussed the special importance of infrastructure in preserving the resilience of the Ukrainian people. Destruction of the electricity grid, blocking of ports and other infrastructure damages is a barbaric attempt by…
Polish companies have provided more than 700 tons of equipment and materials to help Ukraine restore its energy infrastructure, the Ministry of Energy of Ukraine has said in a statement following a meeting of the Ukrainian-Polish working group on energy. “With the logistical support of Poland’s Government Agency for Strategic Reserves (RARS) and the assistance…
Some 63% of Ukrainian exports were directed to the EU countries from January to October, with most of them reaching the central and eastern regions, Ukraine’s Entrepreneurship and Export Promotion Office said in a post on Facebook. “In the first ten months of 2022, 63% of all Ukrainian exports were directed to the EU countries,…