Business

Ukraine is currently implementing eight projects of the EUR opean Bank for Reconstruction and Development (EBRD) totaling EUR 1.68 billion, Finance Minister Serhiy Marchenko said during a meeting with newly appointed Vice President of the Bank for Policy and Partnerships…

Westinghouse (the United States) and National Nuclear Generating Company Energoatom have signed two cooperation agreements providing for the start of projects for the construction of two new reactors at Khmelnytsky NPP using AP1000

Ukraine supplies bulk of gas to Hungary, but this is not transit from Russia, Serhiy Makogon, the head of the Gas Transmission System Operator of Ukraine (GTSOU), has said. "After the pompous signing of a long-term contract with Gazprom and…

The National Bank of Ukraine (NBU), which at the end of 2019 announced that banks would account for 100% of the minimum operational risk in the capital adequacy ratio (H2) from the beginning of 2022, has decided to introduce this…

The Limassol District Court (Cyprus) invites Ihor Kolomoisky to consider the claim of the state-owned PrivatBank seeking damages in the amount of $5.5 billion. The announcement in the Holos Ukrainy newspaper was published by the lawyers of PrivatBank from Scordis,…

J.P. Morgan has sharply downgraded its forecast for real GDP growth in Ukraine in 2021 from 4.5% to 2.3%, while maintaining its forecast for GDP growth in 2022 by 5%, according to the materials of the November EMEA Emerging Markets…

The adoption by the Verkhovna Rada of Ukraine on November 18 of the law of Ukraine on insurance, and the draft laws on credit unions and on financial companies and financial services which are planned for consideration at the second…

Representative of the International Monetary Fund (IMF) Gerry Rice has confirmed the intention of the Executive Board to consider the second tranche of Stand-By Arrangement for Ukraine on November 22. He said during a press briefing in Washington he could…

Kaplor 7 LLC (Odesa), which on September 14 offered the highest price for the integral property complex of the Odesavynprom winery put up for sale by the State Property Fund (SPF), paid the necessary amount to the budget – UAH…

President of Ukraine Volodymyr Zelensky and President of the European Commission Ursula von der Leyen have discussed in detail the energy security of Europe during a telephone conversation. "The President of Ukraine said that our state is ready to reduce…