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ukraine Exchange scheme hryvnia-to-euro to expire on 30 October 2022
The Federal Ministry of Finance and the Deutsche Bundesbank have agreed with the National Bank of Ukraine to let the hryvnia-to-euro exchange scheme expire.
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ukraine Germany supports debt service suspension for Ukraine
Together with other official bilateral creditors, Germany intends to participate in a coordinated suspension of the payments that Ukraine makes to service its bilateral debts.
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ukraine Management of the task force for implementing EU sanctions appointed
The task force that has been set up by the Federal Government to implement the EU sanctions appointed its management yesterday evening at its second meeting.
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Ministry KfW acquires temporary stake in German TSO 50Hertz on behalf of the Federation
Acting on behalf of the Federal Government, Germany's development bank, the Kreditanstalt für Wiederaufbau, has acquired a temporary stake in transmission system operator 50Hertz. The company supplies electricity to some 18 million people in Germany and is a key player in putting the country's energy transition into practice.