Gas Transmission System Operator of Ukraine (Gas TSO of Ukraine) has proposed that Europe gradually impose an embargo on the use of the Nord Stream 1 natural gas pipeline, Gas TSO of Ukraine Director-General Serhii Makogon has said. “Our suggestion for the de-Putinization of the Nord Stream 1 and de-Putinization of Europe is the gradual…
The Ministry of Infrastructure has sent a letter to the European Commission proposing that the EU completely block transport connections with Russia and Belarus. “Despite the restrictive measures already in place, Russian businesses are finding workarounds and continuing to operate in other countries. Accordingly, the existing sanctions fail to fully achieve their goal. In this…
Ukraine managed to attract about $4 billion from international partners over the past month. “We are talking about figures close to $4 billion,” Deputy Head of the President’s Office Rostyslav Shurma said during the nationwide telethon, when asked how much money Ukraine managed to raise over the past month. At the same time, he noted…
Since the beginning of the war, international partners have provided more than $2 billion and EUR 1 billion in assistance to Ukraine. As the Minister of Finance of Ukraine Serhiy Marchenko said in his address, the amount includes the assistance from the IMF ($1.4 billion), macro-financial assistance from the European Union (the budget has already…
Spring planting campaign is being carried out on 2% of the territory of Ukraine, as the weather turns to be more favorable. Farmers are quite well prepared for the field works, said the deputy minister of Agricultural Policy and Food of Ukraine Taras Vysotsky. “The planting campaign has already been started. Farmers are planting early…
Ukrainian banks have generated UAH 9.9 billion in net profit over the past two months. The relevant statement was made by the National Bank of Ukraine. “In January-February, solvent banks generated UAH 9.9 billion in net profit, which was 53% higher compared to the same period last year (UAH 6.5 billion),” the report states. During…
Ukraine has sufficient reserves of energy resources to ensure the sustainable operation of the energy system. This was emphasized by the Minister of Energy of Ukraine German Galushchenko. “Synchronization with European networks has given us additional stability of the energy system in terms of technical flows. And we have the opportunity to attract electricity from…