Prime Minister Yulia Svyrydenko has stated that the government under her leadership is setting a course for military, economic, and social self-sufficiency.
“It is a great honor for me to head the Ukrainian government today. Our government is setting a course for self-sufficiency: military, economic, and social. My main goal is real positive results that every Ukrainian will feel in their lives. The war gives us no right to delay. We must act quickly and decisively. Our priority steps in the first six months are to provide the army with high-quality equipment, increase our own weapons production, and improve the technological capabilities of the military,” Svyrydenko wrote on Facebook after her appointment.
She added that the government will make every effort to support Ukrainian entrepreneurs, in particular, comprehensive deregulation, stopping unauthorized pressure on business, accelerating large-scale privatization, and further implementing effective support mechanisms are needed.
“We have already begun work on optimizing the state apparatus and are moving towards a full audit of expenditures with the aim of reducing them. No political loyalty, only figures and results,” she stressed.
The Verkhovna Rada, in its first reading, supported a bill that provides for changes to the 2025 state budget and an increase in funding for centralized procurement of medicines by 3.1 billion hryvnia.
According to the head of the parliamentary committee on health, medical care, and medical insurance, Mykhailo Radutsky, on Telegram, the additional funds are needed to purchase medicines for people with orphan diseases, viral hepatitis, HIV infection, tuberculosis, cancer, and other critical conditions.
Earlier it was reported that on July 1, the government supported a proposal to increase funding for the purchase of medicines from the state budget by UAH 3.1 billion, which is 36% of the additional need, while at the end of May, deputies registered in the Verkhovna Rada draft law No. 13308, which provides for the possibility of allocating additional funds for centralized medical purchases in the amount of UAH 8.624 billion from the reserve fund.
In total, the 2025 state budget provides for the allocation of UAH 11.8 billion for the purchase of medicines, while the Ministry of Health estimates that the need is UAH 19.8 billion. Thus, the planned funding covers only 59.4% of the need.
If funding is increased by UAH 3.1 billion, the need will be covered by 75%.
Ukrainian farmers reduced sugar beet acreage in 2025 by 15.4% compared to last year, to 220,000 hectares, according to First Deputy Minister of Agrarian Policy and Food Taras Vysotsky.
“The Ministry of Agrarian Policy’s estimate (of sugar beet acreage – IF-U) stands at 220,000 hectares, compared to 259,000 hectares last year. We have a guaranteed 15% decline,” he said at a meeting of the Trend&Hedge Club.
When asked whether the European Union’s trade policy had influenced this situation, Vysotsky noted that this was definitely the reason for the decline in production of this crop.
He stressed that Ukrainian processors were very disappointed with the sugar supply volumes to the EU announced in spring 2025, which amounted to 67,000 tons for 2025. Currently, this supply threshold has been raised to 107,000 tons. However, at its peak, supplies to the EU reached 473,000 tons, so when comparing the allocated quota with the peak supply volume, the difference is obvious.
“In fact, the renaissance of the sugar industry in Ukraine was due to duty-free trade with the EU. Then, thanks to the scale and turnover, our producers began to enter other export markets, but the starting point was access to the European market, which has the highest margins. There are no alternatives in terms of margins,” the deputy minister said.
Vysotsky did not rule out that the area under sugar beet cultivation would continue to decline in the coming years. At the same time, he noted that all decisions on this matter would be made by producers taking into account export prospects, particularly to the EU.
Agroholding 2012 LLC (Khmelnytskyi region) has increased its stake in Nadina Insurance Company PJSC (Kyiv) from 90.5% to 100%, according to the information disclosure system of the National Securities and Stock Market Commission of Ukraine.
It is noted that Natalia Zhurakhivska, who owned 9.5% of the insurer’s shares, reduced her stake to 0%.
As reported, at the end of April 2025, Agroholding 2012 LLC asked the Antimonopoly Committee of Ukraine to give its preliminary opinion on whether it’s necessary to get permission to take control of Insurance Company Nadiina.
In 2024, Nadia Insurance Company collected gross insurance premiums of UAH 61.162 million, which is 52.05% less than a year ago. At the same time, premiums from individuals amounted to UAH 0.525 million, and there were no premiums from reinsurers.
Insurance payments sent to reinsurers in 2024 decreased by 83.56% compared to the same period in 2023, to UAH 12.1 million, The reinsurers’ share in insurance premiums decreased by 37.91 percentage points to 19.78%.
The insurer’s net premiums for the reporting period decreased by 9.09% to UAH 49.062 million, and net earned premiums decreased by 12.41% to UAH 46.283 million.
The volume of insurance payments made by IC “Nadiina” increased last year by 22.48% to UAH 13.508 million. Thus, the level of payments increased by 13.44 percentage points to 22.09%.
At the end of 2024, the company’s operating profit amounted to UAH 15.842 million, and net profit amounted to UAH 14.122 million.
As of January 1, 2025, the insurer’s assets grew by 7.92% to UAH 81.876 million, while its equity decreased by 2% to UAH 63.298 million.
The company’s liabilities for this period increased by 64.68% to UAH 18.578 million, while cash and cash equivalents increased by 9.9%. Agroholding 2012 LLC was established in September 2015.
Its beneficiaries through the venture fund “Oferent” are Galina and Alexander Gerega.
The company’s activities include the cultivation of cereals, legumes, and oilseeds.
Consumer prices (CPI) in the eurozone rose by 2% year-on-year in June, according to final data from the European Union’s statistical office. This represents an acceleration from 1.9% in May (the lowest rise in eight months).
The figure was in line with previously announced data and the consensus forecast of analysts cited by Trading Economics.
Consumer price growth in the eurozone is close to the European Central Bank’s target, indicating that the regulator has managed to bring inflation under control.
The rise in prices for services in the eurozone accelerated to 3.3% last month from 3.2% in May. The cost of food, alcohol, and tobacco rose 3.1% after a 3.2% increase in May. Energy prices fell 2.6% after dropping 3.6% a month earlier, while industrial goods rose 0.5% (in May – 0.6%).
Consumer prices excluding food and energy (Core CPI) rose by 2.3% year-on-year in June, the same as a month earlier. This was in line with both previously announced rates and experts’ expectations.
The CPI index in June rose by 0.3% compared to the previous month.
Source: http://relocation.com.ua/acceleration-of-inflation-in-the-eurozone/
The production acreage in Ukraine in the 2025 season will be identical to last year’s, plus 270,000 hectares of demined land, said First Deputy Minister of Agrarian Policy and Food Taras Vysotsky.
“Overall, the production areas will be the same as last year. An additional 270,000 hectares have been demined. But in terms of our total sowing area of 20 million hectares, this is 1%. So, for basic crops, to which we will add sugar beets and vegetables, farmers will have 20 million hectares. This confirms that we are working in all possible areas,” he said at a meeting of the Trend&Hedge Club on Wednesday.
According to Vysotsky, the Ministry of Agrarian Policy and Food expects to harvest 21.2 million tons of wheat in 2025, compared to 22 million tons a year ago, which is 5% less. The ministry estimates wheat exports at 15-16 million tons.
According to him, the barley harvest will amount to approximately 4.5 million tons, which is 10% less than in 2024, with exports at 2.2-2.3 million tons.
The Ministry of Agrarian Policy does not expect any problems with buckwheat and promises that the domestic market will be supplied and the surplus exported.
The ministry is not yet ready to make final forecasts for grain corn, as the active growing season is still underway. However, departmental analysts adhere to a conservative forecast of 26 million tons, which is also at least 5% less than last season.
“We see grain at around 54.5-53.5 million tons.
This is plus/minus 5%,” Vysotsky emphasized.
He added that the rapeseed harvest in the 2025 season is expected to be 3 million tons, compared to 5.7 million tons in 2024, soybeans – 5.7 million tons, compared to 6.6 million tons, and sunflowers – 20 million tons.
Vysotsky noted that the greatest doubts about harvest volumes currently concern sunflower, as the crop is suffering from drought in the south of the country, and these regions may lose up to 6% of their harvest, which could lead to a reduction in the gross harvest to 15 million tons or less.
In total, the oilseed harvest in Ukraine in 2025 will amount to 20.5 million tons, the first deputy minister of agricultural policy concluded.
