The National Bank of Ukraine (NBU) provided a total of UAH 180 million in refinancing to two banks, the central bank’s press service reported. “On March 19, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of two banks for a total sum of UAH 180.0…
The issue of energy cooperation with Germany becomes increasingly important, Vice Prime Minister of Ukraine for European and Euro-Atlantic Integration, co-chair of the Ukrainian-German high-level group for economic cooperation Olha Stefanishyna has declared. According to her, the energy partnership was concluded between the countries last autumn, but Germany had been Ukraine’s strategic energy partner for…
Joint initiatives in mechanical engineering and light industry fields will help to increase the volume of bilateral trade between Uzbekistan and Ukraine, the Ministry of Economy of Ukraine reports, commenting on the measures taken to increase bilateral trade between Uzbekistan and Ukraine. According to the ministry, a meeting was held in February in Kyiv at…
The presence of German business can significantly grow in Ukraine if current reforms continue, Marco Wanderwitz, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, Co-Head of the German-Ukrainian High-Level Group on Economic Cooperation, has stated. “Ukraine is one of Germany’s most important economic partners in the region, and Ukraine has made…
Ukraine resumes poultry meat exports to the European Union, suspended in winter due to an outbreak of bird flu, Ukrainian Economy, Trade and Agriculture Development Deputy Minister – Trade Representative of Ukraine Taras Kachka has stated. “Highly pathogenic avian influenza cases were recorded in Ukraine in the winter months. For the period of detecting these…
Pensions in Ukraine grew by 13.8% in 2020, according to the press service of the Pension Fund. In 2020, the Pension Fund provided pension payments to 11.1 million citizens, of whom 2.7 million were working retirees. “During 2020, the pension increased by UAH 424.53 or by 13.8%: from UAH 3,082.98 on January 1, 2020 to…
Ukraine in January-February reduced electricity exports 24-fold YoY, to 58.9 million kWh, the Energy Ministry said in a statement. “In the two months of 2021, electricity exports amounted to 58.9 million kWh, 1.38 billion kWh below the volume recorded in the first two months of 2020,” the report says. (UNIAN/Business World Magazine)