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City of Kyiv’s power grid struggles to recover after Russian attacks

KYIV, Dec 22 – The most difficult situation with electricity supply in the country remains in the city of Kyiv due to the lack of 60% of transformers due to shelling by Russian aggressors, CEO of the YASNO electricity supply company Serhiy Kovalenko has said.


Russia’s Wargner gets weapons from N Korea

WASHINGTON, Dec 22 – The White House said Thursday that the Wagner Group, a private Russian military company, has taken delivery of an arms shipment from North Korea to help bolster its forces as it fights side-by-side with Russian troops in Ukraine.


PM Shmyhal expects Ukrainians to start returning home in the spring

KYIV, Dec 22 – Prime Minister Denys Shmyhal says that between 5 million and 7 million Ukrainians remain abroad, and they will return more actively in the spring.


PM warns Russian power sector strikes may affect Ukraine’s 2023 growth

KYIV, Dec 22 – Attacks on the power system could worsen the dynamics of Ukraine's gross domestic product for 2023 by 3-9 percentage points (p.p.), so the forecast depends on the intensity of shelling and how allies are ready to provide air defense systems, Prime Minister Denys Shmyhal has said.


G7 finance ministers vow to provide Ukraine with $32-bln aid in 2023

KYIV, Dec 22 – G7 finance ministers on Thursday confirmed a joint approach to coordinated budgetary and economic support to Ukraine next year and announced the mobilization of up to $32 billion already and continued efforts to further progress in this direction, calling on Ukraine and the IMF to conclude a program with funding as soon as possible.


Ukraine’s wind power generation grows slower than expected due to war

KYIV, Dec 22 - Due to the full-scale Russian invasion, wind power generation capacity in Ukraine has grown by only 71 MW instead of the projected 800-1,000 MW, Andriy Konechenkov, the chairman of the board of the Ukrainian Wind Energy Association (UWEA), said.


Ukraine’s inflation likely to drop to 22.5% in 2023 from 30% in 2022

KYIV, Dec 22 - The annual inflation rate in Ukraine is expected to gradually decrease from 30% at the end of 2022 to approximately 22.5% at the end of 2023, according to the Memorandum on Economic and Financial Policies of the IMF Program Monitoring with Board Involvement (PMB).


Russia strikes Kherson, kills 10 civilians

KYIV, Dec 24 - Russian shells pummeled the southern Ukrainian city of Kherson on Saturday, killing at least 10 people and injuring 55 in the city that Moscow’s troops were forced to abandon last month.


Ukraine’s 2022 budget deficit seen at 14% of GDP, IMF’s paper shows

KYIV, Dec 26 – The Ukrainian authorities have taken urgent measures to close the gap in financing the general government sector, which arose in the last few months of 2022 due to an increase in state budget spending by UAH 387 billion in mid-October, but the residual deficit is still estimated at UAH 67 billion (14% of GDP), according to the IMF documents to the Program Monitoring with Board Involvement (PMB).


Ukraine aims for February peace summit

KYIV, Dec 26 - Ukraine’s foreign minister said Monday that his nation wants a summit to end the war but he doesn’t anticipate Russia taking part, a statement making it hard to foresee the devastating invasion ending soon.


    Archive of Nation
Currencies (in hryvnias)
  26.11.2024 prev
USD 41.44 41.32
RUR 0.399 0.402
EUR 42.47 42.99

Stock Market
  25.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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