Pessimistic scenario shows that less than 70% of potential area will be planted with spring crops in Ukraine this year, Taras Vysotsky, First Deputy Minister of Agrarian Policy and Food, has said. “If we manage to free arable lands of Chernihiv and Sumy regions from mines, the area may reach 80% of the potential,” he…
Ukraine received 177 power generators from the United Kingdom to maintain stable energy supply. “Ukraine received the second batch of mobile power generators, provided by the United Kingdom to maintain stable energy supply in our country. The first batch, 21 generators, arrived earlier,” the Ministry of Energy of Ukraine informs. In total, the United Kingdom…
Ukraine’s daily expenditures related to the war with Russia amount to about UAH 2 billion, while the total daily losses incurred by the country due to destroyed infrastructure and loss of economic potential amount to $4 billion. This was stated by Prime Minister Denys Shmyhal, who spoke at the national telethon. “The is how much…
Russian ships currently being repaired at the Izmail shipyard will soon be forcibly seized in favor of Ukraine. This was announced by the head of the Odesa Regional Military Administration, Maksym Marchenko. “As for the Russia-flagged ships, which are currently at the shipyard in the city of Izmail, the Cabinet of Ministers will soon decide…
Over the past three days, 10 new blows have been inflicted on Russia’s economy and influence abroad. “Here are 10 new blows on Russia’s economy, financial system, trade and remnants of Russia’s influence abroad inflicted in just these three days,” Minister of Foreign Affairs of Ukraine Dmytro Kuleba posted on Facebook. In particular, according to…
The frozen foreign exchange reserves have been lost to Russia forever, and these funds are likely to be used to rebuild Ukraine. The relevant statement was made by Advisor to President of Ukraine on Economic Affairs Oleh Ustenko. According to Ustenko, half of Russia’s foreign exchange reserves, which were available before February 24 (about $325…
President of the European Council Charles Michel emphasizes that the European Union will continue to support Ukraine. “We will continue to provide humanitarian and financial support to Ukraine. We have a new fund for Ukraine which will facilitate massive investment to restore the country’s economy and infrastructure,” Michel said, speaking at the plenary session of…