Category: economy

Israel will allow Ukrainians staying in the country due to the Russian invasion

Citizens of Ukraine will also be able to receive basic social insurance. Ukraine received a positive response from the Israeli side regarding the issuance of permits for employment of Ukrainians staying in Israel due to the full-scale Russian invasion of Ukraine. The press service of the Embassy of Ukraine in the State of Israel announced…

The war will reduce Ukraine's GDP by 45%, according to the World Bank

Due to financial sanctions from the West, Russia's GDP will fall by 11.2% in 2022, according to the agency. Production in Ukraine is likely to decline by a staggering 45.1% this year, as the Russian invasion led to the closure of businesses, reduced exports and thwarted economic activity in large areas of the country, according…

The State Duma of the Russian Federation proposed to temporarily suspend gas supplies to the European Union

MEPs want to punish the EU for sanctions against Russia. Russia plans to punish the European Union for unfriendly sanctions against Russia and the Russians. Thus, the State Duma deputy from the Crimean region Mykhailo Sheremet proposed to temporarily suspend gas exports to the European Union. In his opinion, gas supplies should be suspended until…

The NBU has determined in which cases banks will be able to block funds in the accounts of citizens during martial law

The decision was adopted pursuant to the Law “On Amendments to the Tax Code and Other Legislative Acts of Ukraine Concerning the Validity of Norms for the Period of Martial Law”. The National Bank has determined the procedure for banks in the case of crediting cash to the accounts of individuals in the amount of…

How to issue a car with foreign registration during martial law – an explanation of customs officers

It has become easier to import a car on the “Eurobus”. Law on Preferential Imports and exemption from taxation of imports of vehicles of citizens of Ukraine during the war came into force on April 5. The State Customs Service has published an explanation of the new rules for the transportation of foreign-registered cars across…

Russia expects the ruble to fall to an economically sound level on Monday

Russian experts are convinced that the current ruble exchange rate is true. Last Friday, the Central Bank lifted a number of restrictions in the foreign exchange market, and now Russian experts predict the fall of the ruble to a more economically justified level. Dmytro Babin, an expert on the BCS World of Investment stock market,…