On November 15, the European Business Association held its 24th general membership meeting in Kyiv. Representatives from Ukrainian and global companies, the government, the Verkhovna Rada, international partners, media, etc., joined the meeting. EBA Executive Director Anna Derevyanko congratulated all members, sharing the first results of the year. Thus, in times of crisis, we feel an … Continue reading Ukraine and Ukrainians need to believe in our strengths more than ever. Results of the EBA Annual General Membership Meeting
When will investors arrive, and what will they invest in: the “What’s up with the economy?” podcast with Serhii Budkin
During wartime, the share of state ownership in the economy always increases, allowing governments to more effectively manage resources and meet the needs of society. However, in Ukraine, this indicator exceeds even the high levels seen during World War II, such as in the United Kingdom. After the nationalization of Sens Bank, the government’s share … Continue reading When will investors arrive, and what will they invest in: the “What’s up with the economy?” podcast with Serhii Budkin
Work plan upon the project of infrastructure renewal in Odesa Region
Recovery Ukraine project has been launched in Interlegal nearly a year ago. As an Ukrainian company, we have faced the current events very hard, and we are doing all the best efforts to make Ukraine bloom even brighter after our victory. In the framework of such project, our team has held meetings aimed to discuss … Continue reading Work plan upon the project of infrastructure renewal in Odesa Region
European Parliament greenlights €50 bln Ukraine Facility
Members of the European Parliament at a plenary session in Strasbourg today, October 17, supported the committee's proposals for the creation of the Ukraine Facility, according to the European Parliament's press release.
Ukraine: how to ‘build back better’?
Ukraine’s recovery will require enormous human and financial resources. As of March 2023, Ukraine’s reconstruction is estimated to cost $411bn, which is 2.6 times Ukraine’s expected 2022 gross domestic product. Over the past 60 years, no single conflict or disaster has involved recovery estimated at more than the Marshall Plan – the equivalent of $140bn by … Continue reading Ukraine: how to ‘build back better’?
Denmark will open an office in Mykolaiv, which will be involved in reconstruction
This week, a new office of the Danish representation will start operating in Mykolaiv, Ukraine, which has taken on the responsibility of reconstruction efforts in the region affected by Russia's aggression. Danish Minister of Foreign Affairs Lars Løkke Rasmussen made this announcement while speaking to journalists in Kyiv on Monday before an informal meeting of … Continue reading Denmark will open an office in Mykolaiv, which will be involved in reconstruction
International Register of Damage
What is the Register of Damage, and how does it work with the Diia Register? How to get there, with what money, and according to what estimate will compensations be made to the victims? We talked about these pressing issues with the executive director of the International Registry of Damage, Markiyan Klyuchkovskyi. On June 27, … Continue reading International Register of Damage
Ukraine: Improving regulation of foreign branches and representative offices
On 3 September 2023, the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Regulation of Activities of Separate Subdivisions of a Legal Entity Established in Accordance with the Laws of a Foreign State" No. 3257-IX dated 14 July 2023 ("Law") came into effect. Key highlights The Law is developed to streamline various … Continue reading Ukraine: Improving regulation of foreign branches and representative offices
The World Bank insured the first private investor in Ukraine against war risks
The Multilateral Investment Guarantee Agency of the World Bank (MIGA) provided the first investment guarantee for private investors of Ukraine, as reported by press service of the Ministry of Finance. The Ministry explains, MIGA guarantee gives an important signal to international investors regarding activation of war risk insurance in Ukraine. Insurance amounting up to $9.1 … Continue reading The World Bank insured the first private investor in Ukraine against war risks
Expansion of Solidarity Pathways: EU granted Ukraine direct access to funding
The European Union allowed Ukraine to independently submit applications for financing infrastructure projects related to expansion of the main export routes (so-called Solidarity Routes, as reported by the Recovery Agency press service. Previously Ukraine could receive funds from the EU for modernization of Solidarity Pathways only by means of participation in the project of one … Continue reading Expansion of Solidarity Pathways: EU granted Ukraine direct access to funding