The PayPal payment system has officially started operating in Ukraine, and Ukrainian bank cards can already be tied to your wallet. This was announced by Minister of Digital Transformation Mykhailo Fedorov. “Now you can shop online, transfer funds and withdraw money to Ukrainian bank cards,” the minister wrote. You can now attach Ukrainian bank cards … Read more
The Cabinet of Ministers of Ukraine has allowed the circulation of fuel of Euro-3 and Euro-4 emission standards, the press service of the Ministry of Energy reported on Thursday. The changes have been made to the technical regulations for the requirements for motor gasoline, diesel, marine and boiler fuel, approved by Resolution No. 927 dated … Read more
Ukraine has become part of the European Union’s Energy Union, meaning that it has joined the European ENTSO-E energy network, President Volodymyr Zelenskyy of Ukraine wrote on Twitter . The unification of the Ukrainian and European energy systems has been completed,” the President of Ukraine wrote. This means that now Ukrainian electricity flows to Europe … Read more
The Cabinet of Ministers has expanded the functions of the Government Commissioner for Investments. In particular, according to Decree No. 288 of March 16, the title of the position sounds like the Government Commissioner for investments, attraction of financial assistance under martial law, formation of an economic recovery and transformation fund, a fund for supporting … Read more
US President Joe Biden has signed a legislative initiative previously approved by Congress, which provides for the allocation of $13.6 billion as an emergency response to Russia’s aggression against Ukraine. He announced this on Tuesday on the official Twitter page. “I have just signed a bipartisan bill on government funding that has left the government … Read more
The Verkhovna Rada adopted bill No. 7038-d on increasing the royalty for gas production during martial law and the state of emergency, MP Yaroslav Zhelezniak (the Holos parliamentary faction) has said. “No. 7038-d – an increase in the royalty for gas production during martial law and a state of emergency,” the MP said, mentioning the … Read more
At a plenary session on Tuesday, the Verkhovna Rada supported bill No. 7152 on the introduction of amendments to certain laws of Ukraine regarding the functioning of information and communication systems, public electronic registers. A total of 345 MPs backed the document with the necessary 226 votes. According to an explanatory note to the document, … Read more
The Ukrainian government has agreed on draft decisions to support the Ukrainian economy in an effort to maintain the operation of businesses and employment in places where security permits that, President of Ukraine Volodymyr Zelensky said. “First, we are starting tax reform: instead of VAT and the income tax, we are giving a rate of … Read more
Transportation of passengers and cargo, Internet communications, barley, rape seeds, various types of fertilizers, agricultural machinery, pistols and sports smooth-bore and rifled firearms are new items included in the list of critical imports of Ukraine. Resolution No. 211 dated March 6, resolution No. 219 dated March 7 and resolution No. 226 dated March 8 were … Read more
Despite a full-scale war, only 1% of companies in Ukraine plan to close their businesses. This is evidenced by the results of a survey by the European Business Association (an association of foreign, European, and domestic business in Ukraine), Rubryka reports. It was held among the member companies of the associations. 17% reported they work … Read more