Business news from Ukraine

Business news from Ukraine

Dynamics of changes in discount rate of NBU – from 2013 to 2024

Dynamics of changes in discount rate of NBU – from 2013 to 2024

Source: Open4Business.com.ua

Pope Leo XIV officially took office

On Sunday, May 18, Pope Leo XIV celebrated Holy Mass in St. Peter’s Square in the Vatican to mark the beginning of his Petrine ministry, Vatican News reports.

In his first sermon as Pope Leo XIV, he called for “unity and love.”

“In our time, we still see too much discord, too many wounds caused by hatred, violence, prejudice, fear of differences, an economic paradigm that exploits the earth’s resources and marginalizes the poor. And in the midst of this trial, we want to be a small leaven of unity, communion, and fraternity,” he said.

Voting in presidential election has begun in Poland

Voting in the presidential election began in Poland on Sunday at 7:00 a.m. local time (8:00 a.m. Kyiv time – IF-U), according to the Polish Press Agency (PAP).

Thirteen candidates are participating in the election. Voting will continue until 9:00 p.m. An election silence is in effect in the country until the polls close.

“Almost 29 million citizens are eligible to vote. Polling stations are open throughout the country – more than 32,000, with another 511 stations operating abroad,” the report said.

Earlier, the Experts Club analytical center released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here — https://youtu.be/u1NMbFCCRx0?si=QeURHol_f1zN_jLE

,

Second round of presidential elections is taking place in Romania

Voting in the presidential election began in Romania at 7:00 a.m. on Sunday. The second round features George Simion, representative of the right-wing Alliance for the Unity of Romanians, and Nicușor Dăncilă, the incumbent mayor of the capital Bucharest, who received the most votes in the first round on May 4.
“We voted so that only Romanians decide our future, for Romanians and for Romania,“ Simion told reporters outside a polling station.
“We decide what kind of country we want to be: a country of hope, dialogue, and development,” Dănălescu wrote on Facebook.
According to Reuters, despite the fact that 38-year-old Simion won 41% of the vote in the first round and 55-year-old Dan only 21%, opinion polls show that they have almost equal chances of winning, or show a slight advantage for Simion. Earlier, the Experts Club think tank released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here —

 

, , , ,

Coke imports to Ukraine increased by 64% – $83 mln in first four months of 2025

In January-April of this year, Ukraine increased imports of coke and semi-coke in physical terms by 64.2% compared to the same period last year – to 256,628 thousand tons from 156,255 thousand tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, imports of coke in monetary terms increased by 47.8% during this period, to $82.920 million. It was mainly imported from Poland (86.87% of supplies in monetary terms), Indonesia (11.54%), and the Czech Republic (1.57%).

During the period in question, Ukraine exported 3 tons of coke worth $2,000 to Albania.

As reported, Metinvest suspended the operations of the Pokrovsk Coal Group in January this year due to changes in the situation on the front line, power shortages, and the deterioration of the security situation.

Last year, Ukraine increased imports of coke and semi-coke in physical terms by 2.01 times compared to 2023, to 661,487 thousand tons, importing it mainly from Poland (84.76% of supplies in monetary terms), Colombia (7.74%), and Hungary (2.69%). In monetary terms, imports increased by 81.9% to $235.475 million.

In 2024, the country exported 1,601 thousand tons of coke, 84.76% of which went to Moldova ($368 thousand) to Moldova (99.18%) and Latvia (0.82%), while in January, March, October, and November 2024, there were no exports, whereas in 2023, exports amounted to 3,383 tons worth $787 thousand.

,

Financing state budget deficit, bln UAH

Financing state budget deficit, bln UAH

Source: Open4Business.com.ua