Ukraine stops air traffic with Belarus from May 26, the relevant decision was made at a government meeting on Tuesday, Prime Minister Denys Shmyhal said.
“From 00:00 on May 26, Ukraine will stop air traffic with Belarus,” Shmyhal wrote in the Telegram channel.
The prime minister said the government instructed the Infrastructure Ministry, the the State Air Traffic Services Enterprise (UkSATSE) to take the necessary measures for this.
In addition, Ukrainian airlines and aircraft will be prohibited from flying in the airspace of the Republic of Belarus.
The State Border Guard Service also received an order to stop the registration of passengers traveling from Belarus or to Belarus at the customs points of airports.
“The situation with the forced landing of Ryanair’s aircraft in Minsk is a violation of the Convention on International Civil Aviation. The decision of our government is aimed at ensuring the safety of flights and passengers,” Shmyhal said.
ARX insurance company (Kyiv) in January-March collected UAH 689.7 million of insurance premiums, which is 10% more than last year, according to a press release from the insurer.
The amount of insurance claims paid to clients during this period amounted to about UAH 294 million, which is 11% more than last year. The number of contracts in this period exceeded 534,000, which is 8% more than the number for the same period in 2020.
The company reports that in the KASKO segment the amount of insurance premiums totaled about UAH 406 million, which is 32% more than in the same period last year. The share of the product in the company’s portfolio is 59%.
Under OSAGO, the amount of collected premiums exceeded UAH 51 million, which is 12% more than in 2020, in voluntary medical insurance – more than UAH 118 million, in property insurance – UAH 75 million.
As reported, AXA Group (France) in February 2019 completed the sale of its subsidiaries in Ukraine: PrJSC AXA Insurance and AXA Insurance Life.
On July 1, 2019, AXA Insurance changed its name to ARX Insurance Company. AXA Life Insurance began operating under the ARX Life brand.
ARX has been operating in the insurance market for 26 years, and has been the leader in KASKO insurance for the 12th year in a row. It ranked first among Ukrainian insurers in terms of net insurance premiums and net insurance payments for 2019. It is part of the international insurance holding Fairfax Financial Holdings Limited (Canada).
Design, IT, advertising, marketing and PR saw the largest growth in the declared income in 2020 among creative industries, according to the Ministry of Culture and Information Policy.
“The Ministry of Culture and Information Policy of Ukraine, together with the team of Kyiv School of Economics and with the support of the USAID Competitive Economy Program in Ukraine, prepared a study on the volume of tax revenues to the consolidated budget of Ukraine and the payment of a single contribution by business entities in the field of creative industries in 2019 and 2020,” the ministry’s press service said.
It is noted that in 2020 the declared income fell more compared to the previous year in the performance sector (less by 17%), audiovisual sector (less by 8%), book publishing, libraries and museums (less by 3% each).
“The fall in VAT, which indicates a decrease in the volume of sales of goods and services, in some sectors reached 50% compared to 2019: theater and concert activities [less by 53%], film screenings [less by 45%], the operation of theater and concert halls and activities to support them [less by 42-43%], activities in the field of television broadcasting [less by 38%], and the functioning of museums [less by 35%],” the report said.
The following sectors showed the largest growth in the declared volume of income in 2020: design (more by 31%), IT (more by 26%), advertising, marketing, and PR (more by 5%).
“Despite the quarantine measures, registration of new businesses did not stop in 2020. Since the growth in tax revenues occurred faster than the growth in the number of business entities, this may indirectly indicate an increase in the tax burden,” the ministry said.
The retail trade turnover of Ukraine in April 2021 compared to the same month in 2020 in comparable prices increased 34.3%, while in March it grew by 13.1%, the State Statistics Service has reported.
According to the State Statistics Service, in April compared to March 2021, retail turnover decreased 6.5%.
In January-April 2021, compared to the same reporting period in 2020, retail trade turnover grew by 14%.
The largest growth in retail trade turnover of enterprises (legal entities and individual entrepreneurs) in the first four months of 2021 was recorded in Chernivtsi (by 26.9%), Ternopil (by 25.2%), Zakarpattia (by 22.1%), Kyiv (by 20.1%), Vinnytsia (19.5%), Lviv (16.7%), Khmelnytsky (16.2%), Ivano-Frankivsk (16%), Luhansk (15.9%), Chernihiv and Zhytomyr (15.2%) regions.
Ukraine has registered 1,334 new cases of COVID-19 and 68 related deaths in the past 24 hours, the Ukrainian Health Ministry press service said in a statement on Monday.
“Ukraine registered 1,334 new cases of COVID-19 as of May 24, 2021. In particular, the virus was contracted by 86 children and medical workers. Over the past day, 1,019 persons were hospitalized, 68 died, and 6,999 recovered,” the ministry said on Facebook.
Ukraine recorded 2,533 contagions on May 23, as against 4,606 on May 22.
Since the beginning of the pandemic, Ukraine has seen a total of 2,183,855 coronavirus cases, including 49,436 deaths and 1,957,560 recoveries.
The first projects with significant investments, which will receive state support through the “investment” mechanism, may be signed by the end of 2021, ex-Minister of Economy Ihor Petrashko said.
“After the adoption of by-laws, the Ministry of Economy will begin accepting applications … Companies will begin to prepare such projects only after the issuance of by-laws. Investors will need at least three to four months for this, so we expect the first projects by the end of 2021,” he said in an exclusive interview with the Interfax-Ukraine agency.
At the same time, according to Petrashko’s estimates, the by-law base to the law on “investment nannies” will be approved by the end of June.
