Prime Minister Denys Shmyhal says that Ukraine plans to put into operation about 1 GW of generation in 2025. “We pay great attention to the restoration of energy facilities. We continue repairs. We launch new generation. We help people and businesses install additional capacity. About 1 GW of generation is planned to be put into…
Kyiv City Council approved the transfer of financial assistance to two cities of Ukraine – Kryvyi Rih and Konotop. The relevant agreements were signed on May 2. Such decisions were made on May 15, at a plenary session of the Kyiv City Council. Thus, the Kryvyi Rih city territorial community will receive 8 million hryvnias…
As of April 1, the old external loan debts of Ukrainian enterprises reached about $21 billion, of which $14 billion is the principal amount and over $7 billion is interest. The relevant statement was made by National Bank of Ukraine (NBU) Governor Andriy Pyshnyy. “The old external loan debts of enterprises are colossal. As of…
On the sidelines of the 34th EBRD Annual Meeting and Business Forum, taking place in London, Ukraine’s Minister of Finance, Sergii Marchenko, took part in the Plenary Session of the EBRD Board of Governors and delivered a speech. The Minister of Finance of Ukraine serves as the EBRD Governor for Ukraine. Sergii Marchenko expressed gratitude…
During a meeting of EU energy ministers in Warsaw, Ukraine’s Minister of Energy German Galushchenko held bilateral talks with France’s Minister of Industry and Energy Marc Ferracci. The parties discussed areas of cooperation to enhance Ukraine’s energy resilience and strengthen energy security. The head of Ukraine’s Ministry of Energy expressed gratitude to France for the…
On May 13, First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko met with Alfonso Garcia Mora, Vice President of the International Finance Corporation (IFC) for Europe, Latin America and the Caribbean. The meeting was also attended by First Deputy Minister of Economy Oleksii Sobolev and IFC representatives. Key topics of discussion…
The Government has adopted several key decisions to improve access to business lending. This was announced by Prime Minister Denys Shmyhal during a Cabinet meeting on May 13. “Access to affordable loans for small and medium-sized businesses is another critical element of state support,” he emphasised. According to Denys Shmyhal, the first decision involves securing…