Business

The National Security and Defense Council (NSDC) is monitoring the situation in the country's electricity market, now it is under control, NSDC Secretary Oleksiy Danilov has said. "What is happening on the electricity market is under control. We are monitoring…

The foreign ministers from EU member states have approved a six-month extension of economic sanctions against Russia, a statement released in Brussels on Monday said. "The Council today decided to prolong the sanctions targeting specific economic sectors of the Russian…

The State Oil Company of Azerbaijan (SOCAR) has not confirmed the purchase of the Glusco gas station network in Ukraine. "Recent media reports on SOCAR's acquisition of Glusco gas stations in Ukraine are untrue," the company said on its website…

President of Ukraine Volodymyr Zelensky believes that the commissioning of Nord Stream 2 poses a direct threat to the energy security of the European Union countries, and also says that Germany's support in restoring country's territorial integrity and sovereignty is…

People hang out next to the McDonald’s restaurant on Lva Tolstoho Square in Kyiv on July 8, 2021. McDonald’s has 101 restaurants in Ukraine and serves 100

The offices of Energoatom, the state-owned operator of Ukrainian-based nuclear power plants. The enterprise reported a net loss of $177 million for 2020. Only 28% of Ukraine’s State-Owned Enterprises (SOEs) made a profit in 2020

Ukrainian students take tests to apply for the Future Leaders Exchange (FLEX) Program that would enable them to attend a local high school in the United States while staying with a host family. Mariya Tytarenko, a Lviv-based journalist and poet,…

Military retirees in Ukraine will receive a monthly allowance of UAH 2,000 from July 1, and the minimum pension will be set at UAH 3,854, Prime Minister of Ukraine Denys Shmyhal has said. "It is envisaged from July 1 to…

From left, United States senators Rob Portman, Jeanne Shaheen, and Chris Murphy address reporters at a briefing near the Office of the President in Kyiv on June 2, 20

The growth of consumer prices in Ukraine at the end of June 2021 decreased to 0.2% from 1.3% at the end of May. In annual terms, inflation remained at 9.5%. The State Statistics Service said on Friday, that core inflation…