Ukraine has seized UAH 2.11 billion ($50.3 million) worth of raw materials from Russian aluminum tycoon Oleg Deripaska, two years after blocking their export, the Security Service of Ukraine (SSU) said on Wednesday.
The SSU reported that nearly 500,000 metric tons of bauxite and alumina, stored at the Mykolaiv Alumina Plant, were confiscated. The plant, along with other Deripaska-owned factories, was nationalized by Ukraine following Russia's full-scale invasion.
Ukraine aims to align its banking and insurance sectors with European Union regulations by 2028 as part of its bid to join the bloc, despite the challenges posed by Russia's ongoing invasion, National Bank of Ukraine Governor Andriy Pyshnyi told Reuters in an interview. Ukraine's banking
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade
Ukraine's governmental commissioner for Public Debt Management, Yuriy Butsa, told investors in London last week that Kyiv is in no rush to restructure its debt linked to economic growth or so-called GDP warrants, Reuters reported on Friday, citing unnamed sources familiar with the matter.
Ukraine's approach to rebuilding war-damaged territories is increasingly centered on housing, social protection, healthcare, and other human needs, diverging from traditional post-conflict recovery models, according to a study by a group of Ukrainian researchers published in the European Journal of Sustainable Development.
