Ambassador Extraordinary and Plenipotentiary of the State of Israel to Ukraine Joel Lion has said air traffic between Ukraine and Israel is not expected to resume in the near future due to coronavirus incidence statistics. He said he had offered a pilot project to the Ukrainian Foreign Ministry, but then it turned out the statistics…
The European Investment Bank (EIB) and the Ministry of Communities and Territories Development of Ukraine have concluded a cooperation agreement on advisory services to support the preparation of Ukraine’s Public Buildings Energy Efficiency project. The agreement was signed on June 2 ahead of the upcoming donor meeting of the Eastern Partnership Technical Assistance Trust Fund…
Renewable energy companies in Ukraine said they had written to the International Monetary Fund stating that the government’s plan to lower energy tariffs would complicate the country’s cooperation with the IMF. The IMF is expected on June 5 to approve a $5-billion loan package for Ukraine, which has been hit hard by the coronavirus crisis,…
Ukraine’s national budget in January-May received UAH 381.75 billion ($14.2 billion) of revenues, down by UAH 50.256 billion ($1.88 billion) or 11.6% from the target, according to the website of the State Treasury Service of Ukraine. Revenues received for the specified period are 2.4% lower YoY. In May, the state budget received UAH 66.903 billion…
Infrastructure Minister Vladyslav Kryklii says Ukraine will resume international and domestic flights from June 15. “Domestic flights may be relaunched even sooner. We are also working on this now,” he said. The most popular tourist destinations, namely Turkey, Greece, Cyprus and Georgia, will be relaunched first. Flights with Italy and Spain are definitely not to…
Operating banks in Ukraine in January-April posted UAH 25.208 billion, or $938.1 million, in profit, up by 39% YoY. The banks’ revenue increased by 16.8%, to UAH 90.004 billion ($3.3 billion), and expenses grew by 9.9%, to UAH 64.796 billion ($2.4 billion), the National Bank of Ukraine said on its website. Data per bank is…
Ihor Sikorsky Kyiv International Airport (Zhuliany) may not survive the COVID-19 crisis, if the government fails to provide support, the airport’s press secretary, Halyna Bohdanenko, says. The airport needs not so much financial assistance, but above all the regulatory support on the part of government, she said. “We’ve been trying for several months to have…