Section: Economy

      EC will transfer the first tranche of macro-financial assistance to Ukraine in January 2023
      Jan14

      EC will transfer the first tranche of macro-financial assistance to Ukraine in January 2023

      The President of the European Commission Ursula von der Leyen noted on January 13, 2023, the European Commission would transfer the first tranche of macro-financial assistance to Ukraine already in January 2023. Source: The President of the European Commission Ursula von der Leyen “We need to keep increasing the pressure on Russia. And we...

      Russia caused damage to Ukraine’s ecology in the amount of almost $50B
      Jan14

      Russia caused damage to Ukraine’s ecology in the amount of almost $50B

      The Minister of Environmental Protection and Natural Resources of Ukraine Ruslan Strilets noted on January 13, 2023, that the amount of damage to the Ukrainian environment from Russia’s armed aggression already exceeds $46 billion — Ukraine will demand compensation for these losses from the Russian Federation Source: The Minister of...

      Japan will allocate $95 million to rebuild Ukraine
      Jan13

      Japan will allocate $95 million to rebuild Ukraine

      Ukrainian Infrastructure Minister Oleksandr Kubrakov noted on January 12, 2023, that the Japanese government has allocated 95 million dollars for the reconstruction of Ukraine, in particular, these funds will be sent to the United Nations Development Programme in accordance with the partnership agreement. Source: Ukrainian Infrastructure Minister...

      Ukrainian fishing industry suffered $47M in losses as a result of the Russian aggression in Ukraine
      Jan10

      Ukrainian fishing industry suffered $47M in losses as a result of the Russian aggression in Ukraine

      The Deputy Minister of Agrarian Policy and Food of Ukraine Vitaliy Holovnia noted that according to preliminary data, as of November 1, 2022, the Ukrainian fishing industry suffered a loss of 47 million dollars due to the armed aggression of the Russian Federation. Source: The Deputy Minister of Agrarian Policy and Food of Ukraine Vitaliy...

      Losses of Ukrainian wind farms due to Russia’s war exceed €550M, – Ukraine’s Ministry of Energy
      Jan09

      Losses of Ukrainian wind farms due to Russia’s war exceed €550M, – Ukraine’s Ministry of Energy

      The Deputy Minister of Energy of Ukraine for European Integration Yaroslav Demchenkov noted on January 8, 2023, that losses due to the destruction, damage or theft of wind farms equipment by Russian troops exceeded 50 million euros, and more than 500 million euros were lost due to forced downtime. Source: The Deputy Minister of Energy of Ukraine...

      Russian shelling destroyed almost UAH 400 million worth of fish in the Dnipro River: photo
      Jan07

      Russian shelling destroyed almost UAH 400 million worth of fish in the Dnipro River: photo

      The State Agency of Fisheries of Ukraine noted that as a result of shelling by Russian troops of the coastal part of Kherson and the Dnipro water area around the city on January 2, 2023, fish died massively, and the damage is estimated at approximately UAH 390 million. Source: The State Agency of Fisheries of Ukraine It is noted that the mass...

      Ukrainian farmers will receive $15.5M from the European Union
      Jan04

      Ukrainian farmers will receive $15.5M from the European Union

      The Delegation of the European Union to Ukraine noted on January 4, 2023, that the European Union would provide 15.5 million dollars to finance the project to support Ukrainian rural households, small farmers and small agricultural enterprises, which is implemented by the Food and Agriculture Organization of the United Nations (FAO). Source: The...

      Ukraine confiscated UAH 17B from Russian banks to rebuild the housing
      Jan04

      Ukraine confiscated UAH 17B from Russian banks to rebuild the housing

      The Prime Minister of Ukraine Denys Shmyhal noted on January 3, 2023, that Ukraine planned to start the rebuilding of destroyed housing in the near future at the expense of funds confiscated from Russian banks. There are already 17 billion hryvnias confiscated from Russian banks. Source: The Prime Minister of Ukraine Denys Shmyhal “Already...

      Ukrainian government cancels the system of public electronic procurement for state institutions
      Jan04

      Ukrainian government cancels the system of public electronic procurement for state institutions

      The Ministry of Economy of Ukraine noted on January 3, 2023, that the Cabinet of Ministers of Ukraine temporarily, until the end of martial law, canceled auctions in the Prozorro system (public electronic procurement system) due to the lack of access to all bidders to the system due to the Russian attacks on Ukraine’s energy grid. Source:...

      Damages caused to Ukraine’s economy as a result of Russia’s war exceed $700B
      Jan04

      Damages caused to Ukraine’s economy as a result of Russia’s war exceed $700B

      The Prime Minister of Ukraine Denys Shmyhal declared on January 3, 2023, that the damages caused to Ukraine’s economy as a result of the Russian invasion of Ukraine exceeded $700 billion. Source: The Prime Minister of Ukraine Denys Shmyhal “Together with the World Bank, we plan to carry out another verification of Ukraine’s...