Due to rising temperatures, electricity consumption increased by 2.5% on June 28 compared to the previous day. Emergency assistance was being used to avoid an increase in blackouts. “On June 28, regional power distribution companies applied planned schedules of restrictions throughout the day. Due to the heat, consumption in the afternoon and evening was 2.5%…
The International Atomic Energy Agency (IAEA) has reported the destruction of the ZNPP external radiation monitoring station, which is currently under Russian occupation. Director General Rafael Mariano Grossi stated that the Zaporizhzhia Nuclear Power Plant (ZNPP) had informed the IAEA that the external radiation monitoring station was destroyed by shelling and fire last week, further…
Ukraine has a significant potential for the development of life insurance, which can become a source of long-term funds for the economy. First Deputy Governor of the National Bank Kateryna Rozhkova said this during a meeting with representatives of life insurance companies and industry associations. “Ukraine has the potential to develop this segment of insurance…
The updated Canada-Ukraine Free Trade Agreement (CUFTA) enters into force on July 1. On June 26, Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, and Mary Ng, Minister of Export Promotion, International Trade and Economic Development of Canada, issued a joint statement on this historic event. According to the statement, the…
Purchase prices for milk have not changed compared to the beginning of June; the weighted average price of three grades was 13.44 UAH/kg excluding VAT, 6 kopecks less than a month ago. This was reported by the Association of Milk Producers (AMP). “Purchase prices stabilised in the second half of June, as the production and…
On June 26, Minister of Finance of Ukraine Sergii Marchenko met with Minister of Economy, Trade and Business of Spain Carlos Cuerpo Caballero and Ambassador Extraordinary and Plenipotentiary of Spain to Ukraine Ricardo Lopez-Aranda Jagu. The meeting was also attended by Deputy Minister of Finance Alexander Kava and Ambassador Extraordinary and Plenipotentiary of Ukraine to…
In June, farmers received UAH 18.6 million in compensation for May for the purchase of domestically produced agricultural machinery. The Ministry of Economy approved the relevant order under the 25% partial compensation programme for locally produced agricultural machinery and equipment, which is part of the “Made in Ukraine” policy. This was stated by Yuliia Svyrydenko,…