war

The deficit of the consolidated balance of Ukraine payments amounted to $2.1 billion in June

In June 2021, the balance of payments was adjusted with a surplus of UAH 753 million

S&P downgraded Ukraine’s rating to the pre-default level

The agency's decision follows a similar Fitch verdict

Government changes put the extractive industry of Ukraine on the verge of survival

Amendments to the Cabinet of Ministers Resolution No. 615 prohibit the postponement of the deadlines for the program of works on the subsurface area

Parliament approves forced seizure of property during the war

The seizure is planned to be carried out on the basis of the decision of the National Security and Defense Council at the suggestion of the regional military administration

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The Verkhovna Rada adopted a generally updated law on privatization

New law will shift large privatizations to Prozorro auctions without advisors and speed up small privatizations

Metinvest employs more than 900 of its migrant workers

The Group has more than 2,000 open positions at its plants in Kamyanske, Zaporizhzhia, Kryvyi Rih and Pokrovsk

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ArcelorMittal will stop iron ore production for three months from August

Employees of the mining department will be paid 2/3 of their salary during the downtime

EU Council extends sanctions against Russia for another six months

Restrictive measures end on January 31, 2023

Will anti-dumping investigations against steel from the Russian Federation become a trend

Cheap Russian steel products lead to a drop in production and income of local manufacturers

Ukraine, Russia, Turkey and the UN agreed on the export of grain from seaports

The signing of the agreement should help unload border crossings and create conditions for the resumption of the work of steel enterprises

Ukraine agrees with the IMF on revising the debt payment schedule

If the situation does not change, then if all payments continue, Ukraine will transfer more money to the fund at the end of the year than it receives from it

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Currency fall: the weakening of the hryvnia will help to revive exports

The NBU's decision to correct the exchange rate is due to the reluctance to burn foreign exchange reserves and increase emissions

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