Business news from Ukraine

Business news from Ukraine

MAYOR OF KYIV ANNOUNCES CHANGES TO CURFEW TIME FROM APRIL 17

The curfew in Kyiv and the Kiev region from April 17 will begin at 22:00 and end at 05:00, Kyiv Mayor Vitaliy Klitschko said.
“The time of the curfew is changing in Kyiv and the region. From today, from April 17, the curfew will start an hour later and end an hour earlier. And it will last from 22:00 to 5:00 in the morning,” Klitschko wrote in a telegram on Sunday .

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LARGEST BANK IN UKRAINE PRIVATBANK AGAIN ANNOUNCES TECHNOLOGICAL PAUSE IN OPERATION OF PRIVAT24 SYSTEM

On April 18, the State PrivatBank will introduce a technological pause in making payments through Privat24 from 23:00 to 8:00 on Monday for the third week in a row for technical work, the bank said on Sunday.
“PrivatBank from 23:00 on April 17 to 8:00 on April 18 is carrying out the next stage of scheduled maintenance work in Privat24 (…) During the work, the applications and the web version of Privat24 will not be available,” the financial institution said.
It is noted that settlements in the trading network and ATMs will work as usual.
As reported, PrivatBank held a technical pause a week earlier, scheduled from 23:00 on April 10 to 8:00 on April 11, which was extended until 6:00 on April 12. The bank also suspended the operation of services from March 20 to 21 to introduce reserve capacities.
According to the statistics of the National Bank of Ukraine, as of January 1, 2022, PrivatBank ranked 1st (UAH 582.85 billion) among 71 banks operating in the country in terms of total assets.

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BULGARIA BANS SHIPS FROM RUSSIA FROM ENTERING ITS PORTS AS PART OF EU SANCTIONS – ASSOCIATED PRESS

As part of EU sanctions, the Bulgarian authorities imposed a ban on entry into their ports for ships from Russia, the Associated Press (AP) reported on Sunday.
“All ships flying the Russian flag, as well as ships that changed the Russian flag or registration to any other state after February 24, are denied access to the sea and river ports of Bulgaria,” AP quotes excerpts from a statement by the Bulgarian Maritime Administration.
AP specifies that the Bulgarian authorities will make an exception for ships in distress or in need of humanitarian assistance, as well as ships carrying energy, food and medicine to the EU.
On the eve it became known about a similar order of the Italian authorities. At the same time, Russian cargo ships, which are currently in Italy, were ordered by the authorities to go to sea as soon as they complete their current operations.
Earlier in April, the EU introduced another package of sanctions against the Russian Federation, ordering, in particular, to close ports for ships from Russia. At the same time, exceptions are provided for the transportation of a number of goods, for example, energy carriers, agricultural products.

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EU ALLOCATES ADDITIONAL €50 MLN FOR HUMANITARIAN AID FOR UKRAINIANS

The European Union is allocating an additional €50 million in humanitarian aid to support Ukrainians in need, according to the EU Humanitarian Projects Office.
“The EU is allocating another 50 million euros in humanitarian assistance to support Ukrainians in need. This new funding will provide emergency medical services, safe drinking water, shelters, cash assistance, support in the fight against gender-based violence,” reads a statement published in Sunday on twitter.
Later, the head of the European Union Delegation to Ukraine, Matti Maasikas, specified that the new aid package from the EU would be aimed at meeting the most pressing humanitarian needs.

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ZELENSKY ANNOUNCED A STATE PROGRAM TO RESTORE DESTROYED HOUSING AND PROVIDE MILITARY AND OTHER PUBLIC SECTOR EMPLOYEES WITH IT

President of Ukraine Volodymyr Zelensky announced a state program for the construction of housing for those who lost it as a result of the occupation, as well as for the military, law enforcement officers, teachers and other public sector employees.
“At the first stage, temporary housing should be provided to displaced persons, those whose houses were destroyed by the war. Temporary – until we restore their housing. Or until people are compensated in square meters or money,” he said in a traditional video message on Saturday evening.
According to the president, at the second stage, “we are restoring what the occupiers tried to destroy – all the cities, communities that suffered.” “And at the third stage, we will provide housing for everyone who defended our state, who worked or is working in the interests of society, but did not have their own housing. It cannot be that a person gives everything, his life to military service, and retires without having his own apartment,” Zelensky said.
“I believe that we will be able not only to restore what was destroyed, but also to restore justice for those whose right to housing has been violated,” he said.

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ZELENSKY DISCUSSED WITH THE PRIME MINISTER OF SWEDEN THE STRENGTHENING OF SANCTIONS AGAINST RUSSIA

President of Ukraine Volodymyr Zelensky had a conversation with Prime Minister of Sweden Magdalena Andersson.
“I spoke with Swedish Prime Minister Magdalena Andersson. He spoke about the critical situation in Mariupol. We discussed defense support for Ukraine, strengthening anti-Russian sanctions. I thanked for supporting Ukraine’s accession to the EU,” Zelensky wrote on Twitter.

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