The Cabinet of Ministers allowed for the period of martial law and within a year after it to build individual houses and farm buildings without obtaining a construction passport for the development of a land plot, Taras Melnychuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, said on his Telegram channel.
According to him, the condition is valid for individual, garden, country housing no higher than two floors and an area of up to 500 square meters.
The construction of such houses shall be carried out in accordance with urban planning documentation at the local level, and in its absence – in accordance with the intended purpose of the land.
BUILDING INDIVIDUAL HOUSING, CONSTRUCTION PASSPORT, MARTIAL LAW
The National Bank of Ukraine expects that the majority of Ukrainian banks will be able to independently restore capital after military losses thanks to future profits, but the rest may require additional capitalization from the shareholder.
“In particular, this is a possible scenario for several state-owned banks,” the NBU noted in its Financial Stability Report.
The regulator indicated that during the crisis it will not apply measures of influence to banks for violating capital requirements.
“At the same time, at this stage, it is important that banks reflect credit losses in a timely manner. This will give the NBU a correct idea of the state of the market for making further regulatory decisions, in particular, adjusting the regulatory easing regime,” the document says.
It does not specify which state-owned banks are in question, but indicates that some state-owned banks “failed” in terms of capital.
According to the report, of the 20 largest banks, they show sufficient resistance to the loss of 30% of the loan portfolio of financial institutions, which collectively own more than half of the assets of the top 20.
“If we add the share of state-owned banks that “failed” in terms of capital, but have unconditional support from the state, then it can be argued that banks with 82% of the assets of the 20 largest have sufficient resistance to such an extremely conservative macroeconomic scenario,” said the National Bank.
The regulator added that banks that consistently generate negative operating cash flow from core activities during the crisis will be subject to close supervision and their activities will, under certain circumstances, be restricted to protect depositors.
The NBU pointed out that the negative impact of the current crisis will stretch over time – it will be possible to assess its consequences relatively accurately only after stabilization of macroeconomic conditions. At the same time, the National Bank will assess the quality of assets in order to reliably estimate the level of losses, while the viability of banks will be assessed separately, that is, the ability to normalize financial indicators in the foreseeable future.
Given the level of losses, a sufficient period will be determined for the banks to restore capital, possibly several years, the report says. Banks will have to develop capitalization and asset restructuring plans.
The leaders of the G7 countries will announce the provision of new financial, humanitarian and military support to Ukraine, Bloomberg reports citing a draft statement of these countries from the summit in Bavaria.
“We will continue to provide financial, humanitarian, military and diplomatic support to Ukraine, as well as support it for as long as necessary,” the agency quotes from a document received by it.
Bloomberg emphasizes that this “wording is important because the members of the G7 are concerned about the prolongation” of the war. However, some countries, including Germany and France, “have hinted that they may be more open to the idea of a negotiated ceasefire.”
According to the agency, the document says that the leaders of the G7 are also considering the possibility of using revenue from duties to support Ukraine.
It is noted that earlier the G7 discussed how to coordinate actions to combat rising inflation and prevent a recession, as well as ways to maintain “pressure on Russia.”
The G7 summit is taking place in Bavaria on June 26-28.
On the Ukrainian-Hungarian section of the border in the Transcarpathian region, there is a significant increase in cars to enter Ukraine, said the head of the Transcarpathian regional state administration Viktor Mikita.
“In the case of Hungary, these queues stretched for several kilometers and sometimes reach 800 cars. The situation on the Slovak-Ukrainian border is somewhat better, but it also causes concern. People are in vehicles for several days, in the heat and without proper sanitary conditions,” Mikita wrote on Facebook.
He noted that queues are formed only for vehicles that are sent to Ukraine for customs clearance. General traffic, tourists and transit moves calmly, there are almost no queues.
“As for the queue that has arisen, there are a number of objective and subjective factors. Traffic has increased hundreds of times, cars for customs clearance go not only from Hungary, but also from the Baltic states, Poland and others. A significant part of the car does not have properly executed documents, which greatly complicates the pass and registration. There are other operational factors that require immediate optimization,” Mikita said.
Number of dead and wounded civilians in Ukraine as a result of military actions from 24.02.2022 according to un data (per)
Data: UN
The G7 countries are planning to impose an embargo on the import of Russian gold in order to deprive the Russian Federation of tens of billions of dollars a year, US President Joe Biden said.
“The United States has imposed unprecedented spending on Putin to deprive him of the income he needs to finance the war against Ukraine. Together, the G7 will announce that we will ban the import of Russian gold – a major export that brings Russia tens of billions of dollars,” Biden tweeted on Sunday.
Earlier it was reported that the meetings of the leaders of the G7 countries, which will also be joined by the leaders of Argentina, India, Indonesia, Senegal and South Africa, will be held in Germany from June 26 to 28.
US National Security Council spokesman John Kirby said that, among other things, the summit participants will discuss new measures aimed at isolating Russia from the world economy and disrupting supply chains for the Russian defense complex. It is also planned to reach new agreements to reduce energy and food prices in the world.
The summit will take place in the Bavarian Alps in Elmau. The last summit chaired by Germany, when Angela Merkel was Chancellor, was also held there.
