The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) fulfills its international obligations and functions in war conditions.
“We are all facing the tragic and unique situation of the war initiated by the Russian Federation in Ukraine: we now have one National Bureau (MTIBU), which is a member of the board of the Green Card Bureau, is under fire, but still continues to work. It seems fantastic and almost unbelievable, but yes – it’s true: under all these circumstances, cooperation with MTIBU continues, despite the dramatic reality,” said Sandra Schwartz, President of the Board of the Green Card Bureau, in an exclusive interview with the analytical publication XPrimm.
According to her, according to MTIBU, the war in Ukraine caused a huge flow of refugees who left the country, many of them travel by car. Thus, while promoting a general consolidation of efforts to help them cope with the tragedy of war and seek asylum, European insurers are dealing with a very specific technical problem: crashes involving cars with Ukrainian license plates in the context of the fact that in an extreme situation, many of of them left for European countries without concluding an agreement on compulsory international insurance “Green Card”.
Answering a question about the number of Ukrainian cars that are now moving on European roads, Schwartz noted that, despite the fact that the Council of Bureaux is in constant contact with the authorities of countries that have a direct border with Ukraine, and the total number of refugees is known, there is a significant shortage information on the number of cars on Ukrainian license plates that left the country after the start of Russian military aggression.
“So we don’t have aggregated hard data yet, but we are sure that there are a huge number of Ukrainian-registered cars that not only cross the Ukrainian border to leave, but also drive further across Europe, where people hope to find shelter. And many of these cars do not have proper insurance protection,” she stated.
Schwartz stressed that such a situation is not legitimate, but has become generally accepted due to its urgency, since checking whether people have proper insurance is much less important than giving them access to a shelter as soon as possible. However, of course, there is a need to solve it.
Schwartz explained that there are several national initiatives to provide Ukrainians with free or cheap Green Card insurance or to cover temporary losses caused by uninsured Ukrainian cars.
“Also, a discussion has already begun whether this should be a common pan-European solution and how such a mechanism can work,” said the President of the Council of Bureaux.
She explained that the Council of Bureaux is in close contact with Insurance Europe (Federation of Insurers and Reinsurers, which unites 39 European insurance associations) on this issue in order to decide on the solution that will best resolve the current situation.
Due to the fact that the Ukrainian Bureau “Green Card” and insurers who are full members of the MTIBU are actively working, Ukrainian drivers can remotely renew an expired policy or receive a new one in digital format (as a pdf file). In the current situation, during verification, the document will be accepted in digital format, despite the fact that this is inconsistent with the UNECE recommendations, according to which the Green Card is a valid document only if it is provided in paper form.
Finally, the war in Ukraine also has a significant impact on cooperation with the Russian and Belarusian Green Card Bureaus.
“The first question is how and how it is still possible under the sanctions regime to make sure that the Russian Bureau is able to fulfill its obligations as a member of the Council of Bureaux. Of course, most of the questions at the moment are related to financial aspects, money transfers, etc.
We, as a system, must decide, taking into account reputational aspects, whether it is appropriate to have a Russian National Bureau among the members of the Bureau.According to the rules of the Green Card system, the only reason for suspending the membership of a particular national bureau is that it violates our rules.Thus , we must, first of all, analyze whether this is true or not,” Schwartz explained.
The weather with precipitation in Ukraine in the next 2 days will be determined by the atmospheric fronts of the cyclone, which will move from the southwest to the northeast of the country, and cold air of Arctic origin will spread behind the cyclone from the north in Ukraine, Ukrhydrometeorological center reports.
On Saturday, April 2, moderate, sometimes heavy precipitation in the form of rain and sleet is expected in the western and northern regions of Ukraine; temperature at night and day 5-10 warm, in the north-west of the country 0-5 warm.
In the rest of the territory, light and moderate rains, in the daytime in places with thunderstorms, in the Sea of \u200b\u200bAzov and Crimea without significant precipitation; temperature at night 7-12° warm, daytime 14-19° warm, in the east, south-east of the country up to 23°.
South wind, in the west and north of the country, northeast, 7-12 m/s, in the southern, eastern, most central regions gusts of 15-20 m/s.
Rain in Kyiv on April 2. Wind northeast, 7-12 m/s. The temperature at night and day is 6-8°C.
According to the Central Geophysical Observatory named after Boris Sreznevsky, for the entire period of meteorological observations in Kyiv on the afternoon of April 2, the highest temperature was recorded at around 23.1 degrees of heat in 2017, and the lowest at night – at around 8.8 degrees of frost in 1931 year.
On Sunday, April 3, sleet is expected in the western, northern, Vinnitsa and Cherkassy regions, rain in Transcarpathia, heavy snow in some places in the Carpathians at night. In some places icy, wet snow sticking. The temperature at night and in the daytime is from 2° below zero to 3° below zero (0-5° below zero in the Carpathians).
In the rest of the territory, rain and sleet are expected, in the southern and central regions during the day heavy precipitation in places, the temperature at night and in the daytime is 3-8°C, in the east and south-east of the country during the day 8-13°C.
Wind northwest, 5-10 m/s; in the south and east of the country southwestern western, 7-12 m/s, daytime gusts 15-20 m/s.
In Kyiv on April 3, sleet, sleet in places, wet snow sticking. Wind northwest, 5-10 m/s. The temperature at night and day is 0-2°C.
The value of shares of eight out of nine Ukrainian agricultural holdings, whose shares are listed on foreign exchanges, fell sharply on February 24 due to the Russian military invasion of Ukraine, but partially recovered during March, reaching a maximum value for five groups of companies on March 29, during the Ukrainian-Russian negotiations in Istanbul.
Corresponding trends for securities of agricultural groups from Ukraine can be traced in the analysis of data from the Warsaw and London stock exchanges.
Thus, for the period February 23 – March 31, the price of shares of the Astarta agricultural holding on March 29 “bounced” to PLN28.5 compared to the pre-war PLN29.0 on March 23 (1.7% less). Similarly, on March 29, peak values during the war with the Russian Federation reached the price of shares of IMK – PLN21.0 (February 23 – PLN22.8, -7.8%), “Agroton” – PLN6.0 (PLN6.66, -10%) , Kernel – PLN36.5 (PLN46.4, -21.3%), Agroliga – PLN25.6 (PLN37.8, -47.6%).
At the same time, on March 29, the value of the securities of the KSG Agro group of companies even exceeded the pre-war figures, reaching PLN2.92, which is 5% more than on February 23, PLN2.78.
The most highly quoted shares of the agricultural holding MHP were $5.26 (PLN21.98) on March 3, which is -11% less than the pre-war $5.96 (PLN24.91). Milkiland reached a similar peak on March 18 – PLN1.22 against PLN1.45 (-15.8%), and Ovostar – on March 23, PLN59 against PLN58 (+1.6%).
In turn, the largest drop since the beginning of the invasion of the aggressor country of the Russian Federation, the shares of MHP agricultural holding reached $ 3.3 (PLN 13.79, -80%) on March 24, Kernel – on March 8 (PLN 18.8, a fall of 2.5 times ), Agroliga on March 3 (PLN16.5, a drop of 2.3 times), Astarta on March 2 (PLN14.2, a drop of 2 times), IMC on March 7 (PLN12.6, a drop of 1 .8 times), KSG Agro on March 24 (PLN 1.55, a drop of 1.8 times), Agroton on February 24 (PLN 4.0, -40%), Milkiland on February 24 (PLN 0.96 , a third drop), Ovostara on March 21 (PLN54.5, -7.6%).
As of 17:00 March 31, Kernel shares are valued at PLN33.0, MHP – $4.2 (PLN18.39), Astarta – PLN26.15, IMC – PLN20.5, KSG Agro – PLN2.68, Ovostar – PLN49.6, Milkiland – PLN1.22, Agroliga – PLN23.7, Agroton – PLN5.78
Following regular talks with Turkish President Recep Tayyip Erdogan, President of Ukraine Volodymyr Zelensky announced the readiness of the Turkish state to become a guarantor of Ukraine’s security.
“Had another conversation with a real friend of Ukraine, President of Turkey Recep Erdogan. Noted the high level of organization of negotiations of delegations in Istanbul. Agreed on further steps towards peace. Thanked for the readiness of Turkey to become the guarantor of security of our state!” Zelensky tweeted.
Raiffeisen Bank (Kyiv) and Raiffeisen Bank Zrt have launched the possibility of exchanging hryvnia cash in Hungary since March 31, the bank’s press service said on Thursday.
“From March 31, Ukrainians who are in Hungary can exchange their cash in hryvnia within the Exclusive Group partner currency exchange offices, ” the message says.
The press service noted that now there is a limit of UAH 10,000 for the exchange of cash hryvnia by one person per day.
European Commissioner for Energy Kadri Simson believes that the export of electricity from Ukraine has a positive effect on Poland, the Energy Ministry said.
“Kadri Simson stressed that Ukraine, after synchronization, is already becoming an important factor in the reliable operation of the European energy system. She noted that the auctions launched for the export of electricity from Ukraine to Poland had a very positive effect on the energy supply of the latter,” the ministry said in a statement following an online meeting with European Commissioner for Energy Minister German Galushchenko on Thursday.
According to the release, the parties also discussed issues of compliance with the nuclear safety of Ukraine and Europe in the context of the visit of IAEA Director General Rafael Grossi to Ukraine.
Galushchenko, referred to by the press service of the ministry, during the meeting noted that the head of the IAEA recognizes Ukraine’s significant potential in nuclear energy.
At the same time, the minister pointed out that the presence of Russian troops at nuclear facilities not only threatens nuclear safety, but can also cross out the prospects for the development of the Ukrainian nuclear industry.
In addition, the head of the Ministry of Energy once again emphasized that Ukraine can help European countries “jump off the hook” of Russian fossil fuels, in particular by providing its underground gas storage facilities and electricity supplies.
“Coordination of the position of Ukraine and Europe is very important for ensuring nuclear and energy security,” Galushchenko stressed.
As reported, NPC “Ukrenergo” on March 28 began holding auctions for access to interstate cross-sections for the export of electricity to Poland.
Prior to this, all import-export auctions were stopped due to the entry of the Ukrainian energy system into an isolated mode from February 24. The unification of the energy systems of Ukraine and Europe took place on March 16, after which work began on the resumption of the commercial exchange of electricity. Other destinations are not yet open.
Export to Poland starts from March 30th. All the capacity offered at daily auctions for March 30-April 2 was bought by DTEK group companies – D.Trading LLC 210 MW on March 30, DTEK Zakhidenergo JSC 210 MW on March 31 and 190 MW each on April 1 and 2.
According to the data on the ENTSO-E website, physical exports were carried out on March 30 at 210 MWh, except for the first three hours of the day, when deliveries were 70 MWh, 100 MWh and 200 MWh, on March 31 – at 210 MWh -h all day, and on April 1, deliveries of 190 MWh are planned all day, there are no data for April 2.
