Austria has opened a EUR 500 million special loan fund to support export operations with Ukraine over the next five years, providing risk coverage and facilitating investments crucial for Ukraine's recovery, particularly in infrastructure, transport and supply.
Hourly rolling blackouts for residential and industrial consumers will be in effect throughout Ukraine due to increased electricity consumption and insufficient capacity of Ukrainian power plants caused by Russian missile and drone attacks on the country's energy system.
With the adoption of the mobilization law, the Cabinet of Ministers plans to oblige businesses to register all vehicles with military units, potentially prohibiting their movement outside the region of registration, which could lead to the shutdown of many companies in Ukraine.
Troostwijk Auctions refused to hold an auction of Viktor Medvedchuk's yacht because his lawyers provided false information and court decisions not recognized by Ukraine.
Due to a significant deficit in Ukraine's power grid, stabilization outage schedules will be applied again starting at 4 p. m. on the instructions of Ukrenergo, DTEK reports.
Geopolitical tensions and a tight election schedule around the world pose risks to financial stability, the European Central Bank warns in its latest Financial Stability Review.
In response to public outcry, the Ministry of Economy canceled the order on reservations for employees of tech companies and promised to consider the situation with each company separately.
Ukraine's electricity supply situation may ease considerably next week due to changes in weather conditions, but intermittent blackouts will continue throughout the year due to shortages, according to Ukrenergo CEO.
Ukraine will face electricity shortages over the coming winter, even if it is a warm one, due to extensive damage to energy facilities caused by the ongoing conflict.
According to a British intelligence report, Ukraine's economy remains resilient, with real economic growth projected at 3% in 2024, despite Russia's invasion and attacks on energy infrastructure.
Electricity restrictions in Ukraine, which began a day ago, may last until August due to various factors, with improvement in August-September, according to an adviser to the Prime Minister of Ukraine and a member of the supervisory board of Ukrenergo.
Thousands of Ukrainian businesses are suffering significant losses, including lost profits, due to Russian aggression. Forensic expertise is crucial to confirm damages and establish causation for compensation claims.
Rheinmetall plans to set up a joint venture in Ukraine in the field of air defense systems within a few years, although it may take 1-2 years before production begins.
In April, more than 4,200 electric vehicles were registered in Ukraine, with Lviv region leading the way with 595 units, followed by Kyiv, Dnipropetrovska oblast, Kyiv region, and Vinnytsia region. The most popular new electric car was the Volkswagen ID.4, while the most popular used imported models were the Nissan Leaf, Tesla Model Y, and Tesla Model 3.
Due to the chronic shortage of electricity production and imports for the current level of consumption in Ukraine, additional emergency blackouts were introduced as morning peaks proved to be more difficult than expected.
Since the beginning of the year, 6,724 agricultural enterprises have received UAH 43. 2 billion in bank loans for development, of which 3,980 farms have been financed for UAH 18.3 billion under the government program "Affordable Loans 5-7-9%".
Ukraine is facing a significant electricity shortage, with hourly blackouts in all regions, and imports from 5 EU countries are planned to overcome the shortage.
In April, public procuring entities conducted UAH 78. 5 billion worth of procurement through the Prozorro system, reaching the pre-war level.
Ukraine has faced power outages due to electricity shortages, with restrictions on industry scheduled for today from 4 p. m., and has asked the EU for emergency assistance.
Since the beginning of the full-scale invasion of Ukraine, 2652 companies have been founded by foreigners, with the most active investors being citizens of Turkey, Uzbekistan, Poland, and the United States.
The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 5771 UAH/USD, strengthening the hryvnia by 4 kopecks.
Oil prices continued to rise on Thursday amid signs of strong demand and slowing inflation in the US.
FIFA could allow national championship matches to be played abroad, and create a working group to study the possibility of hosting matches of leagues such as La Liga and the Premier League in lucrative regions such as North America and Asia.
Switzerland is seeking to relax its arms export rules to allow exceptions in the interest of foreign policy or national security, but maintains a ban on arms sales to Ukraine.
Tomorrow, stabilization outages are possible in Kyiv, Kyiv, Odesa, Dnipro and Donetsk regions from 00:00 to 09:00 and from 16:00 to 00:00.
On May 16, scheduled hourly power outages will be introduced throughout Ukraine for residential and industrial consumers to ensure the safe operation of the power grid.
Emergency power outages have been introduced in Kyiv and Dnipro, and consumption limits have been set for tomorrow with stabilization outages in case of exceeding them to avoid overloading the grid.
On May 15, from 19:25 to 22:00, Ukrenergo introduced controlled emergency power outages for industrial and residential consumers in all regions of Ukraine.
Due to the difficult situation in the power grid caused by the recent shelling and falling temperatures, emergency power outages were introduced in several regions of Ukraine, including Kyiv, Kyiv region, Odesa, Dnipro and Donetsk regions. On May 14, about 10% of Kyiv residents experienced an emergency power outage.
India has signed a 10-year agreement with Iran to develop the strategically important Chabahar port, investing $370 million, despite US warnings about the risks of doing business with Iran, as India believes the port will benefit the entire region by providing a transit route to Afghanistan and Central Asia.