European countries are joining forces to “take the gas needle off” Russia. European Commission prepares energy saving plan in case of abrupt termination gas supply from Russia. It could be approved on May 18, writes Spanish El Pais. Yes, if Russia stops supplying gas to Europe, those EU member states that have alternative suppliers, including…
Russia is an absolute record holder for sanctions against the country. Speaker of the State Duma Vyacheslav Volodin said that the number of sanctions against Russia exceeded 10,000. He also fantasized about what Biden sees as an alternative to sanctions – World War III. According to the Russian newspaper Kommersant. According to him, this should…
Payments on military bonds are 100% guaranteed. Payments on military bonds intended for borrowing on the market in order to finance the needs of the Armed Forces of Ukraine and the state in conditions of war, guaranteed by 100%. This is partly due to the number of depositors among citizens and businesses of Ukraine on…
For the period of martial law in financial institutions, the priority will be to support the relocation of enterprises from the regions of hostilities, lending to import substitution, assistance to victims of war. For the period of martial law for Ukrainian state banks ( PrivatBank, Oschadbank, Ukrgasbank and Ukreximbank) the main priorities should be to…
The government has set up a special delegation to work with an international financial institution. Ukraine will receive from the World Bank about $ 1.5 billion to provide payments to public sector employees. This was reported by the Ministry of Finance. According to the agency, in April the World Bank invited Ukraine to start preparing…
The Cabinet of Ministers monitors the situation with products whose exports are subject to licensing. Ukraine has limited exports of agricultural products , including buckwheat, rye and oats. This was stated by the First Deputy Minister of Agrarian Policy and Food of Ukraine Taras Vysotsky on the air of the national telethon. “The relevant decision…
The map shows the communities that are occupied or located in the war zone, and, accordingly, their residents are entitled to financial assistance. The map is constantly updated. Ukraine has launched a digital platform that displays in real time areas that are temporarily occupied, as well as those that are surrounded (blocked) and where active…
Accounts arrested. In Ukraine, the bank accounts of Rosatom's subsidiary Rosatom Eastern Europe have been seized, the funds of which have been transferred to the management of the Investigation and Asset Management Agency. This was reported by the press service of the Kyiv City Prosecutor's Office It is noted that there were over UAH 3…
Increasing Russian influence in Africa could result in political and even military pressure. Russian investors are interested in the construction of the pipeline, which will be natural gas flows from Nigeria to Morocco and further to Europe. This was reported by Russian media with reference to the Minister of Oil Resources of Nigeria Timire Silva.…
The return to floating exchange rate formation will be gradual. The National Bank has stated that it will return to floating exchange rates and the use of the discount rate as the main instrument of monetary policy as the normalization of the economy and financial system. This is discussed in the NBU's monthly macroeconomic and…