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 sector is already around 78% aligned with EU rules, while the insurance sector has reached approximately 55% compliance, Pyshnyi said.
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
The European Union (EU) could temporarily reintroduce tariffs and quotas in its agricultural trade with Ukraine if a new deal is not ready to start when the war-related tariff breaks end on June 5, Reuters reported on Wednesday, citing unnamed diplomats.
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
