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Government hands over 66 state-owned enterprises for privatization, 354 to be liquidated.

by The Kyiv Independent news desk July 27, 2022 2:38 PM 1 min read
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According to the Economy Ministry, the enterprises will be transferred to the State Property Fund before privatization and liquidation. In their Telegram announcement, the Ministry states the restructuring will help stimulate economic growth and end the Soviet legacy of mismanagement in state-owned enterprises.

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2:49 PM

Ukraine downs 2 Russian helicopters in sea drone attack.

Two Russian helicopters were downed in a recent strike by the Ukrainian-made Magura V5 naval strike drones, Ukraine's military intelligence agency (HUR) reported on its Telegram channel. HUR earlier said on Dec. 31 that only one helicopter had been destroyed.
10:35 PM

Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
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