News

The amount of direct damage caused by the explosion of the Kakhovka HPP is at least USD 2 billion. This includes losses in the housing and utilities sector, energy, agriculture, transport, environment, and industry. These data are presented in the first analysis carried out by the KSE Institute, an analytical unit of the Kyiv School of Economics, in cooperation with the Office of the President of Ukraine, the Ministry of Economy and the Ministry for Communities, Territories and Infrastructure Development.

On 29 June, the Verkhovna Rada of Ukraine ratified the Agreement between Ukraine and the European Union on Ukraine’s participation in the EU’s Fiscalis programme for cooperation in the field of taxation.

The Cabinet of Ministers of Ukraine has adopted Resolution No. 637 “On amendments to the Procedure for Certification, Issuance and Cancellation of Certificates for Seeds and/or Planting Material”. The document was prepared by the Ministry of Agrarian Policy and Food of Ukraine.

The Commission proposes to mobilise additional EU funding for EU farmers impacted by adverse climatic events, high input costs, and diverse market and trade related issues. The new support package will consist of €330 million for 22 Member States. In addition, Member States today approved the €100 million support package for farmers in Bulgaria, Hungary, Poland, Romania and Slovakia presented on 3 May. Several other measures, including a possibility of higher advance payments should support farmers affected by adverse climatic events.