Economy of Bilohorodska Community and Ukraine

Economy

Tractors roll into Brussels: why European farmers are protesting a deal with Latin America

On December 18 Brussels was transformed into an arena of large-scale confrontation. Thousands of farmers on hundreds of tractors blocked the European Quarter, where EU leaders had gathered for a summit. The main target of the protest was the trade agreement with the Mercosur bloc (Brazil, Argentina, Uruguay, Paraguay), which, according to the farmers, would destroy European agriculture.

Economy

Netherlands to allocate an additional €700 million to Ukraine

The Netherlands will allocate an additional €700 million to Ukraine for 2026 from unspent budgets of the Ministry of Defence and the Ministry of Foreign Affairs. The decision was taken after the government faced parliamentary criticism for refusing to increase support for Kyiv.

Economy

Ukraine begins process to restructure $2.6bn of GDP warrants

The Ministry of Finance announced the launch of a procedure to exchange state derivatives from 2015. Investors were offered the option to swap GDP-linked warrants for new eurobonds and to receive cash payments.

Economy

Ukraine imposes new sanctions on Rosneft and aligns restrictions with the US

Ukraine synchronized its sanctions with the United States and introduced new restrictions targeting Rosneft, Lukoil, and Russians who organize the killing of Ukrainians with drones. President Zelensky emphasized that the sanctions are significantly depriving Russia of money.

Economy

Ukraine's BEB uncovers scheme: ethanol and methanol transported as additives

According to the documents, the goods were declared as a fuel additive, but Turkish customs confirmed the shipment contained undenatured ethyl alcohol and methanol. The consignment’s value is about UAH 3.5 million; a criminal case has been opened.

Economy

Ukraine reaches deal with the IMF on a four-year $8.1 billion program

Ukraine and the IMF have agreed on a new four-year program worth $8.1 billion. The deal is intended to cover part of a $136.5 billion financing gap for 2026–2029, and Kyiv has committed to adopt a budget and implement tax reforms.

Economy

Cabinet doubles compensation for farm construction in front-line areas

The Cabinet of Ministers has increased compensation for construction of livestock farms in frontline territories from 25% to 50% of the cost. The decision is intended to stimulate investment in livestock farming and accelerate the restoration of production in regions near the combat zone.

Economy

Ukraine needs $1 billion a month to ensure uninterrupted US weapons supplies

Ukraine needs $1 billion a month from NATO allies to ensure steady deliveries of U.S. weapons through the PURL initiative. Partners have so far announced $3.12 billion for three and a half months, but funding is arriving unevenly.

Economy

US Sanctions Cause Russian Urals Oil to Plummet to Two-Year Low

U.S. sanctions against Russian oil companies have caused the price of Urals for India to plummet to minus $7 per barrel – the largest discount in two years. At the same time, freight rates for supertankers have surged to their highest level since 2020 due to demand for alternative oil.

Economy

IMF Warns of Artificial Intelligence's Impact on 60% of Jobs

IMF Managing Director Kristalina Georgieva stated that artificial intelligence could change up to 60% of jobs in developed countries. She urged governments to prepare for these changes and to develop regulations for the safe implementation of AI.

Economy

The Most Humorous Possible Outcome of the December Fed Meeting

The U.S. Federal Reserve is currently deeply divided among officials who believe that interest rates should be lowered next month and those who oppose this move. One likely outcome of the vote would create a stunning irony.

Economy

Power outages in Ukraine are expected to decrease in the coming days – Svyrydenko

Ukrainian Prime Minister Yulia Svyrydenko announced an expected reduction in electricity outages. This will be possible due to coordination between the government and regional administrations following discussions on ways to stabilize energy supply.

Economy

Global Coffee Prices Plummet After Trump's Tariff Repeal

Arabica prices fell by 4.6%, while robusta decreased by 5% following the U.S. decision to remove 40% of tariffs on Brazilian agricultural products.

Economy

Sobolev Expects 10 Billion from Privatization: Key Rate on Odesa Port Plant

Ukraine is actively working with international partners to attract investors to large-scale privatization projects.

Economy

Zaporizhzhia Nuclear Power Plant Faces Threat of 11th Blackout – Energoatom

On November 14, Energoatom warned of a new risk of complete power outage at the Zaporizhzhia Nuclear Power Plant.

Economy

The Pension Fund of Ukraine recalculated housing subsidies for the heating season 2025-2026: how to check the amount.

The Pension Fund of Ukraine has completed the calculation of housing subsidies for the heating season of 2025-2026, reports the Ministry of Social Policy, Family, and Unity.

Economy

The Antimonopoly Committee fined companies 19 million UAH for collusion in salt procurement.

The Antimonopoly Committee has fined two companies – "Salt Industry" and "Trading House Kyp i Ko" – for collusion during their participation in six tenders for the procurement of technical salt, reports the AMC.

Economy

Overcoming Challenges Together: How Ukrainians Adapt to Economic Changes

The war has brought new economic realities, among which rising prices have become one of the most significant challenges for Ukrainian families. However, our people demonstrate an incredible ability to adapt and find solutions even in the most difficult conditions.

Economy

Hrynchuk Submitted Resignation from the Position of Minister of Energy

Energy Minister Svitlana Hrynchuk has resigned. She announced this on her Facebook page.