Ukraine: work on legal mechanisms to combat fraud with EU funds intensified

On August 31, a meeting of the Interagency Coordination Council for countering violations affecting the financial interests of Ukraine and the EU was held, chaired by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna. The participants focused on Ukraine’s fulfilment of its obligations under the Association Agreement in terms of financial…

Ukraine: prices “more or less stable” despite war

Mykhailo Nepran, the first vice-president of the Chamber of Commerce and Industry of Ukraine, a member of the Ukrainian Business Council, admitted possible price fluctuations due to market conditions while dismissing any reasons for price panic. The pundit made the comment speaking of the government reducing the list of “socially significant products” for which the…

Ukraine: South Korea to increase aid

South Korea will provide 520 billion won ($394 million) in financial assistance to Ukraine in 2024. The aid package includes 130 billion won for reconstruction, 260 billion in humanitarian aid and another 130 billion won through international organisations, according to South Korea’s 2024 budget. In July, President Yoon Suk Yeol announced his country would provide…

Ukraine: Naftogaz prepared for tough winter

This year’s heating season will not be easy due to a possible renewal of Russian attacks on Ukraine’s civilian energy infrastructure. However, Ukraine is preparing for all possible scenarios, Naftogaz CEO Oleksiy Chernyshov has said. “We are sure the enemy will seek to deprive Ukrainians of access to essential services including public utilities such as…