Tuesday, November 9

Starting gas prices on Ukraine Energy Exchange (UEE) last week fell by 4%.

 During the period November 1st to the 5th, the price on the UEE decreased by 4%. “Starting resource prices had a trend that corresponded to the European one. As a result, as of Friday, the average starting price of the resource in November was 4% lower than on Monday”, the UEE announced.

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The new Czech government will be ready to support Ukraine's membership in the EU officially.

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment