Politics & Economics

Ukraine's Minister of Environmental Protection and Natural Resources, Svitlana Hrynchuk, and Spain's Ambassador, Ricardo Lopez-Arana Jagu, visited the Chornobyl Exclusion Zone where they opened a solar power plant with a capacity of 0.8 MW, occupying an area of more than 3,000 square meters. According to Ukrinform, Hrynchuk emphasized the significance of this project, noting that it was built as part of cooperation with the Spanish government in the fight against climate change and the implementation of innovative technological solutions in Ukraine. She said that work on this project began in 2019 but was temporarily suspended due to Russia's full-scale invasion…

Guarantees from the EU under the Ukraine Investment Framework (UIF) lay the basis for mobilizing additional investments and increasing the role of the private sector in Ukraine’s recovery. The relevant statement was made by Ukrainian Economy Deputy Minister Andrii Teliupa during the EU-Ukraine Business Summit in Brussels, an Ukrinform correspondent reports, referring to the ministry’s press service. According to the ministry, the Business Summit was a preparatory event for the Ukraine Recovery Conference 2025 (URC-2025). At the forum, together with European partners, international financial institutions and businesses, the representatives of the Ukrainian Economy Ministry discussed tools for reducing investment risks…

In the near future, the development of Ukraine’s defense industry will achieve a significant breakthrough. The relevant statement was made by Chairman of the Verkhovna Rada of Ukraine Ruslan Stefanchuk in a talk show on Ukrinform’s YouTube channel. “In fact, for the fourth year in a row, Parliament has approved the budget with the majority of funds being directed to the Armed Forces of Ukraine,” Stefanchuk said. In his words, Members of Parliament are actively working at the international level. Following the Czech initiative on ammunition procurement for Ukraine and the European Union’s initiatives, the Danish model of financing appeared,…

Ukrainian producers of weapons components can receive a grant of up to UAH 8 million to set up and expand their production. This was announced by Prime Minister Denys Shmyhal at a government meeting on April 11, Ukrinform reports, citing his speech published on the Uriadovyi portal. “We continue to develop a grant program for businesses that build new production facilities. Now, Ukrainian manufacturers of weapons components can receive a grant of up to UAH 8 million to create and expand their production. The mechanism of 50-50 co-financing will work. If the state provides UAH 8 million in grants, the…

The representatives of the Ukrainian Finance Ministry have met with a delegation of the United Kingdom to discuss budget needs, progress in reforms, and cooperation with the International Monetary Fund (IMF). The relevant statement was made by the ministry’s press service, an Ukrinform correspondent reports. The meeting was attended by Ukrainian Finance Deputy Minister Denys Uliutin, Ukrainian Finance Deputy Minister Olga Zykova and Government Commissioner for Public Debt Management Yuriy Butsa, as well as Second Permanent Under-Secretary at the UK Foreign, Commonwealth and Development Office (FCDO) Nick Dyer and the representatives of the British Embassy in Ukraine. As noted by…

As part of the effort to undermine operations of Russia’s shadow fleet used to circumvent international sanctions and sustain the war, Ukraine’s Foreign Intelligence Service learned that the Kremlin employs tankers owned by Greek nationals or operated by Greek entities. That’s according to the SZRU report posted Thursday, as seen by Ukrinform. Intelligence operatives found that a Greece-based Latsco Marine Management Inc. is the beneficial owner and operator of the HELLAS FIGHTER (IMO 9722625) and HELLAS AVATAR (IMO 9722613) tankers that appear to be engaged in Moscow’s schemes. The former, having been loaded on March 7 this year in Russia’s…

Dynamic processes in Ukraine's economy and the reforms the country is implementing on its way to EU membership open up new opportunities for European businesses. The EU is ready to help European investors make their way into Ukraine, as today’s investments in Ukraine are investments in the development and sustainability of the entire European economy. This was stated today in Brussels during a press conference as part of the Ukraine-EU business forum, an Ukrinform correspondent reports. "There is no longer a question of whether to invest in Ukraine or not. There is a question of why and when to invest,…

The liberalization of freight traffic between Ukraine and the European Union has been officially extended until December 31, 2025. This was announced by Vice Prime Minister for Restoration of Ukraine Oleksii Kuleba on Facebook, Ukrinform reports. He attributed the automatic extension to the clear and coordinated efforts of the Ukrainian and European Commission teams. During the period of the "transport visa-free regime," exports by road to the EU increased by 42%, while imports by road grew by 37%. The liberalization of freight transportation has ensured the stable movement of goods, even amidst war conditions. “Road transportation has become crucial for…

Prime Minister Denys Shmyhal has called on the European Union to expedite Ukraine's integration into the EU's Single Market at all levels. He stated this during the Ukraine-EU Business Summit, an Ukrinform correspondent reports. “We are ready to become a full-fledged member of the EU Single Market, and we urge the European Union to accelerate this process at all levels. Preserving the liberalization of trade between Ukraine and the EU is essential, as it already benefits both sides,” Shmyhal stated. The Prime Minister highlighted that last year, trade turnover between Ukraine and the EU surpassed $60 billion, with Ukraine importing…

Last month consumer prices in Ukraine increased by 1.5% compared to February 2025. The inflation rate accelerated to 14.6% in annual terms. The relevant data were published by the Ukrainian State Statistics Service, an Ukrinform correspondent reports. According to the statistical data, in March 2025, headline inflation came to 1.4% compared to February 2025 and 3.4% compared to the beginning of the year. On the consumer market, the price of food products and non-alcoholic beverages increased by 1.7% in March 2025. In annual terms, this indicator hit 17.4%. The highest rise was recorded in the price of eggs, totaling 18.8%.…