Economics. All news about - "Economics"

Vodafone Ukraine launches 4G network in 900 MHz band in Cherkasy region.

Vodafone Ukraine mobile operator has launched LTE-communications (4G) in the 900 MHz band in 128 settlements of Cherkasy region, thus providing high-speed Internet for almost 110,000 people.

Ukraine's public and state-guaranteed debt fell by about UAH 17B in August.

In August 2020, Ukraine's total public and state-guaranteed debt in the national currency decreased by UAH 16.9 billion, to UAH 2,338.18 billion, the press service of the Ukrainian Finance Ministry reported.

Metinvest will buy back all 2021 eurobonds for $ 115.

Metinvest B.V. (the Netherlands), the parent company of the Metinvest mining and metallurgical group, will buy back all 2021 eurobonds previously issued by the company for $ 115.3 million and part of 2023 eurobonds for $ 193.2 million, according t...

Share of renewable generation doubles in Jan-Aug

Electricity generation by wind farms, PV systems, and biomass facilities grew by 120.2%.

Without water: Occupied Crimea turning into a desert.

The Russian-occupied Crimea has been struggling without the Dnieper water as local ponds and rivers are drying up, as well as major reservoirs. Amid the unfolding disaster, occupation authorities put blame on Ukraine, while pursuing response initi...

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Ukraine increases fish and crustacean exports

In January-July 2020, Ukraine’s fish and crustacean exports grew by 23.3% compared with the same period last year, up to over $18.7 million, the press service of the Ukrainian State Agency of Fisheries reports referring to data provided by the Sta...

Wage arrears across country exceed US$120.8 mln

Economically active enterprises saw their wage arrears up to UAH 2.198 billion (US$77.6 million), which is 0.8% more than reported on August 1.

Zakarpattia region receives UAH 3.8M in tourist tax payments

In January-August 2020, Zakarpattia region received UAH 3.8 million in tourist tax payments, according to the Main Department of the State Tax Service of Zakarpattia region.

Energy Ministry planning to allocate UAH 150M for energy efficiency loans.

The Energy Ministry recommends that UAH 150 million be envisaged for the program of energy efficiency loans in the state budget for 2020, according to the ministry’s press service.

Ukraine sees no banking crisis amid economic recession – NBU.

This is being observed for the first time ever, the regulator notes, adding that they see no significant risks for the banking sector's capital and liquidity.

Average salary in August grows by 8.6% – State Statistics Service

The average nominal salary of Ukrainians in August 2020 was 8.6% higher than in August 2019 and amounted to UAH 11,446, the State Statistics Service has reported.

Water reservoir supplying water to Russia's Black Sea Fleet base in occupied Crimea almost dried up.

The situation of Sevastopol's freshwater supplies is rapidly deteriorating.

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Vice PM Urusky suggests expanding use of titanium in various spheres.

Vice Prime Minister - Minister of Strategic Industries of Ukraine Oleh Urusky suggests expanding the use of titanium in various spheres and improving the quality of its processing.

Finance committee recommends VR to approve bill on Bureau of Economic Security.

The parliamentary committee on finance, tax and customs policy has recommended the Verkhovna Rada to adopt a draft law on the Bureau of Economic Security in its entirety.

Hryvnia keeps sliding: fresh rates for Sept 29

The official forex rate against the euro for Tuesday is fixed at UAH 33.04 per euro.

Poland's PGNiG wins tender to supply gas to Gas TSO of Ukraine.

Poland's state oil and gas company PGNiG and Energy Resources of Ukraine (ERU) have won a tender to supply natural gas to Gas Transmission System Operator (TSO) of Ukraine LLC.

Ukraine can become key supplier of oilseeds to EU – expert.

Ukraine is increasing oilseeds export to the EU, where member states cover only two-thirds of own demand.

Bill on Ukraine's Bureau of Economic Security tabled for second reading.

The draft law was passed by lawmakers in the first reading early in September.

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Canadian lumber in legal limbo as U.S. appeals WTO ruling

Washington has blocked appointments to the WTO's Appellate Body, leaving it with too few members to hear such appeals, leaving the case in a legal void.

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Ukraine to borrow EUR 6 mln from European Union for nuclear security.

The sides will have to sign a loan agreement.

Ukraine will remain dependent on external creditors in next few years - head of Raiffeisen Bank Aval.

Ukraine will remain dependent on external creditors in the next few years, Oleksandr Pysaruk, the chairman of the board of Raiffeisen Bank Aval (Kyiv), has said.

Ukraine accumulates record high stocks of natural gas pending winter.

The country's USFs were filled by almost 90% as of September 26, 2020.

EIB, EBRD to provide $420 M for electrification of railway section in Ukraine.

The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) will allocate $420 million for the Dolynska-Mykolaiv-Kolosivka railway section electrification project.

Chornobyl zone tourism falls by 70%

Chornobyl Exclusion Zone tourism numbers have fallen by 70% this year due to the coronavirus pandemic.

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Interpipe will buy back more 2024 eurobonds for $32.

Interpipe, an international vertically integrated pipe and wheel company, has notified holders of 2024 eurobonds about a proposal for a partial redemption of bonds totaling $32.4 million.

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