The Ukrainian banking sector has successfully weathered the first wave of the coronavirus crisis, but banks must be prepared for the negative medium-term consequences, according to the National Bank of Ukraine (NBU). “The Ukrainian banking sector faced the coronavirus pandemic crisis in good shape and with sufficient safety margin. The new crisis has not caused…
Belarusian specialists have helped overhaul part of the M05 Kiev-Odessa motorway, representatives of the Belarusian embassy in Ukraine have reported. A major overhaul of a 25 km-long section of the M05 Kiev-Odessa motorway has been completed within the framework of a Ukrainian government program. Part of this section (15 km) was repaired by the Belarusian-Ukrainian…
The Cabinet of Ministers of Ukraine has approved a resolution according to which, starting from September 1 it will increase wages for health sector workers. “The wage of doctors is one of the lowest in Ukraine, which is unacceptable, especially in the conditions of a worsening epidemic. The draft act proposes, starting from July 1,…
Turkish Airlines intends to resume flights to Ukraine from July 1. In particular, Turkish Airlines plans to operate flights from Istanbul to Kyiv ten times a week, to Odesa – seven times a week and to Lviv – five times a week. Flights to Kharkiv, Kherson and Zaporizhzhia are currently not planned. Infrastructure Minister of…
Ukraine should reduce industrial pollution by 22% until 2025, the newly appointed minister for environmental protection and natural resources, Roman Abramovsky, has said. “We have to prepare and are ready to submit a draft law on the control and reduction of industrial pollution. This is the implementation of the EU’s Industrial Emissions Directive. Industrial pollution…
Odesa Seaport handled 10.45 million tons of cargo in January-May, up by 3.2% YoY. According to the data of the Ukrainian Sea Ports Authority, the port increased the transshipment of exported cargo by 0.3%, to 7.693 million tons, and imported cargo by 22.9%, to 2.241 million tons. Coastal cargo handling decreased by 33.1%, to 41,730…
Social Policy Minster Maryna Lazebna states that the average pension in Ukraine has increased to UAH 3,400. “According to the results of all these programs, the average pension income in the country has already increased to UAH 3,400,” she said at a briefing. In particular, 10.6 million pensioners and recipients of social benefits, who received…