Ukraine in January-June reduced electricity exports by 12.3% (by 374.6 million kWh) YoY, to 2.676 billion kWh, according to data from Ukrenergo. The supply of electricity from the energy island of Burshtyn TPP to Hungary, Slovakia and Romania decreased by 12.9% (by 263.2 million kWh), to 1.772 billion kWh. Electricity supplies to Poland increased by…
The Cabinet of Ministers has channeled almost UAH 1.7 billion in subventions from the state budget into the socio-economic development of the regions. “The government endorsed a decision to allocate almost UAH 1.7 billion within the program of socio-economic development of the regions. These funds will be allocated to meet the needs of the people,…
The French flag carrier Air France will resume direct regular flights to Ukraine from July 13. The airline will operate flights on the Paris-Kyiv route, which will connect Paris Charles de Gaulle Airport and Boryspil International Airport. First, flights will be performed twice a week – on Tuesdays and Fridays. Starting from August 24, Air…
Ukraine’s budget deficit of 7.5% is not a problem, according to the Prime Minister Denys Shmyhal. He said this during a virtual roundtable meeting entitled “Ukraine Reforms: What Next?” organized by Chatham House. “This is a much smaller deficit than in many European countries, where the deficit can fluctuate at 10%. That is, 7.5% is…
New harvest onion prices in Ukraine have dropped by almost 60%. Today, one can buy quality onions from farmers in the country’s southern regions for UAH 2.5 ($0.09) per kilogram. The price of the vegetable in retail is a third higher. At the same time, the average wholesale prices of onions in Ukraine this season…
There was a net outflow of foreign direct investment (FDI) from Ukraine in the first quarter of this year of $1,451 million, reversing the trend of inflows of the last several years, according to data from State Statistics Agency. Ukraine has been attracting foreign investment but at disappointingly low levels. New FDI in 2019 was…
The Hungarian low cost airline Wizz Air has opened the second base in Ukraine at Lviv International Airport. According to the press service of the Infrastructure Ministry of Ukraine, in July the company will operate five new flights from western Ukraine, in particular, from Lviv to Billund (Denmark), Tallinn (Estonia), Lisbon (Portugal), Hamburg (Germany) and…