it is her speech in 2008 against the expansion of nato to the east, in particular against the inclusion of ukraine and georgia in the alliance, frau merkel convinces that putin could cause even greater damage, however , the ex-chancellor did not specify whether it would harm the ukrainian civilian population or the german economy. we can only guess what she could have in mind, and a little more about germany. but now the current chancellor of this country has been touched for life. chancellor of germany olafsholz took offense and began to make excuses. that is how you can explain him the statement that berlin gives ukraine more weapons than even great britain, and only the united states of america gives more for germany, mr. scholz said about this the day before during a meeting in lithuania with the leaders of lithuania, latvia and estonia. well, this is how mr. scholz reacted to criticism, in particular from

on the part of kyiv and also on the part of a number of european capitals regarding the fact that germany is delaying military aid to ukraine, i don't know if he convinced anyone, well, i continue to thank germany for the help it provides us and has already provided, but i still want it to happen more actively, i hope that it will continue in the future. ukraine has certain successes in the counterattack in the southwestern kherson region, in particular, the armed forces of ukraine restored the bridgehead on the eastern bank of the ingulets river. these are the latest data of my beloved, i think, your british intelligence in the ministry of defense of great britain is informed that russia is still trying to attack the north donets direction from three sides, although the ukrainian defense is holding, in addition, intelligence adds that on in the occupied part of the kherson region, russia forcibly introduces the russian ruble into circulation as a means of payment and hires russian teachers to

implement the russian program and language in schools, the ministry is incredibly detailed, the occupiers will try to show how the standard of living of ukrainians has improved due to the temporary capture of the land well, but they will not be able to show it will they be able to prove it because the facts will testify for themselves, it got worse because russia came, a small country, but how much does luxembourg freeze almost 4 billion, 300 million euros of russians, the minister of finance of this small country, which is located between france, germany and belgium, yuriko backes, said today that money in the bank accounts and property of russians and russian companies that have been sanctioned by the european union , in total, are 90 individuals and about 1,100 have been frozen legal, of course, it would be good if this money was later transferred to ukraine, but even for that. thank you to

this small country where people with big hearts live. by the way, after this broadcast, you can even on the map, find where luxembourg is located. this is the country that helps us. well, turkey has also announced in which case it will agree to the accession of finland and sweden to nato. ankara has prepared a whole series of demands for the governments of these countries, in particular, these are 10 points that helsinki and stockholm must fulfill. practically all regarding the support of representatives of the kury-kurdesan labor party, which is considered a terrorist organization in turkey, in particular, the turkish government demands that sweden and finland stop supporting representatives of this political force and close their representative offices in their territories to freeze assets and close all bank accounts related to the krp and to deport and extradite all kurds whom ankara considers terrorists. well, the reactions

to these demands from stockholm and helsinki. at least i haven't found it yet. if there is, you will be the first . who knows, they wanted less nato. they received and will receive much more near their borders, and not even near the western borders, but even the eastern ones. japan agreed with the leadership of the north atlantic alliance to intensify military cooperation and conduct joint military exercises are a reason for fear that russia's aggression against ukraine may worsen the security situation in asia as well. this was reported in the ministry of defense of the country of the rising sun. problems well, that's really how the secretary general of nato and genstoutenberg constantly repeats this phrase: russia wanted less nato, russia got

due to the invasion of ukraine, more nato well, it will probably get even more, ex-president of moldova ihor dodon accused the west of deliberately escalating tensions in his country, the leader of the pro-russian socialist party, who, by the way, is currently under arrest, wrote on his page in a telegram , according to dodon, provoking the deterioration of the situation in moldova, western countries are trying to justify its military and political annexation to romania and the deployment of nato wax on the territory of moldova . accused the current head of ukraine, my sanda, of the fact that she guesses that she is under foreign leadership, and her western masters are repeating the ukrainian scenario. well, it's really funny to hear that, especially about these western scenarios, the foreign leadership, well, there was already why

to do it again. well, let it. more about russia, the following information appeared the day before yesterday, forgive me. decided to share this information with you today. so, 82% of russians - 82 have a bad attitude towards nato, this is stated in a new survey by the levada center analytical center, which was conducted from may 26 to 31. and only 7% of the surveyed citizens of the country have nothing against the north atlantic alliance, 60% of people who once called our brothers, they are convinced that russia should be afraid of the countries that are members of the alliance, but the countries of the west, on the contrary, do not need to be afraid of russia , 34% of the correspondents think so, and perhaps most importantly, answering the question about whether can the war in ukraine turn into an armed conflict

between russia and nato 33% of the surveyed russians of peace-loving russians obviously answered that in quotes they answered that most likely this conflict, this war could turn into a large-scale conflict between nato and russia here is the answer to a question about who is to blame for the fact that putin went to war against us. putin or the russians in general, do you have these numbers? think, i think you know who . well, it is not fair. the russian embassy in the united states even warned menacingly that the supply of weapons by washington provokes an escalation of the situation, russian diplomats wrote about this in their telegram channel, they are most afraid of long-range artillery systems, and they also have to hand over to ukraine, they are worried that the armed forces of ukraine will use these complexes to launch

strikes on the territory of russia federations and a classic russian fable is extremely worried that this modern high-precision weapon could fall into the hands of ukrainian nationalists of terrorists and a band of formations. and they are all. as you know, they all gathered on the territory of ukraine. they also forgot to add the nationalists. well, but for them, i added. well , well, and finally, no russian propaganda in montenegro, which the russians love very much, especially in the summer, the government of this small country on the coast of the adriatic of the sea turned off all russian tv channels, at the same time, both those under eu sanctions and those not under sanctions were banned, commenting on this decision of the official podgorica-podgorka ambassador to moscow and said that their they didn't even warn about it anymore montenegro didn't even officially join the sixth package of anti-russian sanctions and how could it

do that turn off the russian channels well, let them suffer let them cry, it will get worse well, what about today in my column about ukraine, the world is getting ready in order to tell you more about what the world is saying about ukraine in my other broadcasts, don't switch the broadcast of espressova tv channel on now. good evening. we are from ukraine. vasyl zimi's big broadcast is two hours long. of air time and my colleagues are with you until 21:00 for two hours of your time, we will talk about the most important things, two hours to learn about the war , serhiia zhoretska joins our broadcast, military summaries of the day and what is the world like? what in the world will yuriy the physicist tell for two hours to be informed of economic news radio broadcaster oleksandr marchenko he talks about the economy during the

war and new sports evgeny pastukhov is ready to talk about sports for two hours in the company of his favorite presenters about culture during the war he is ready to talk lena or something else that many people have become like, maybe the weather will give us some optimism ms. natalka didenko is ready to tell us and we will also have distinguished guests of the studio today volodymyr ogrysko if everything goes well the events of the day in two hours big efi vasyla winter project for smart and caring people evening espresso good evening we from ukraine analyze the most relevant events simply on the air by attracting influential guests and professional experts antin borkovskyi did this when it was not yet mainstream and now he returns from june 11 again on espresso tv channel studio event with anton borkovsky what saturdays at 1:00 p.m. with a repeat at 10:00 p.m. studio west don't

miss the most important thing i congratulate andriy yanitskyi with news of the economy during the war if you watch us not on tv but through internet, please like it comment like this more people will see us today we will talk about fuel and sanctions against russia and about the finances of ukraine, we will start with fuel so gas trucks going to ukraine cross the border as a priority in the state border service, such cars go through customs procedures in a priority order, it is not only in ukraine, they are also allowed in neighboring countries due to a full-scale war . ukraine has already lost almost all sources of supply of petroleum products

. 40% of russia's liquefied gas is domestic production, because naftogaz and the kremenchug oil refinery destroyed more than 20, so supply logistics were rebuilt in particular, interaction was carried out with representatives of neighboring countries who also went to meet e-e representatives of ukraine and also out of turn accept vehicles that transport gasoline and diesel fuel and also allow them to leave in case of queues at the state border such vehicles are given priority in crossing the border with the allocation, including additional traffic lanes, deposits are becoming more profitable banks are already paying up to 18% per annum in hryvnias banks began to raise rates after the national bank of ukraine has changed its main

discount rate from ten to 25% per annum, and it is about the rate at which the national bank lends money to commercial banks. my colleague ulyana panasyuk andriy will tell you more about this. crisis situations require crisis solutions . 10% up to 25, such an urgent step by the regulator makes it possible to say that you need to save money, this is a signal and motivates you to keep funds in hryvnias and not exchange them for dollars because the growth of the discount rate gives banks the opportunity to raise interest on hryvnia deposits, and therefore increases their attractiveness, it is an opportunity to secure the hryvnia, to diversify, to provide an alternative to investing in the currency instead, so that more people choose

the hryvnia, this outflow channel will reduce this currency crisis and thus also maintain exchange rate stability which is currently very significant as an anchor for stability and allows to reduce pressure on the target which the accounting rate is the value of money in the economy - it is the interest rate at which the national bank lends money to commercial banks, it depends on the interest rates at which loans are offered to businesses and the population and, accordingly, the interest rates at which money is deposited in banks if, under the current conditions, the interest rates for loans will be insignificant, because consumer lending is almost suspended,

interest on deposits is already starting to rise, although it is not worth hoping for a significant increase in annual rates, says the economist, but the short-term contracts are really becoming more expensive, bankers say that such a decision was somewhat unexpected, they predicted that the rate would be raised, but gradually, because there are also risks. for example, some small banks may suffer an increase in the load because they lose the opportunity to attract money cheaply, and up to 20 banks may find themselves in a very difficult situation, since the load on refinancing loans will become unaffordable for these banks will now be forced to turn to their clients business borrowers individual borrowers with with the message that their loans are now also more expensive in connection with the increase in the discount rate of the national bank, unfortunately, this is what is

happening, this is the price of russian aggression, this is the price of all the negative consequences caused by the invasion of russian aggression, economists do not undertake to evaluate such a policy of the national bank now, they say it will take time to see the results, the first changes in interest rates will take place within the next two weeks, according to the head of the association of ukrainian banks andriy dubas, but the slowdown in inflation will still have to wait longer, if in peacetime it took up to six months from the increase in the discount rate to the first results. now this process can accelerate precisely because of such unpredictability of the regulator. in any case, we at espresso will monitor economic trends and tell you about everything in detail. follow the economy on the tv channel espresso andriy thank you ulyana indeed we will still talk about the rate even today with our esteemed experts, as usual we have

two financial experts in the middle at once - this is an associate expert of the case analytical center ukraine evgeny dubagrys and financial analyst of the investment group mykhailo demkiv good morning, colleagues good morning, let's make some more deliveries. and let's start with such a loud news that we did not know about last week and therefore could not react to it. bankruptcy itself well, this is bad news, and is it safe to trust ukrainian banks with your money now? why is it that megabank went bankrupt? he did not feel very confident. he did not pass the stress tests well, this means that the bank did not have enough money to give its customers in the event of something.

in general, all the funds, even if the bank would sell all its loans, all its assets, and during the war, unfortunately, such the story happened that kharkiv was the first to be attacked by the russians, and many enterprises, many factories in kharkiv, they simply physically stopped working. moreover, they could not service loans, and that is, the bank, in addition to the fact that it also had problems with capital, it also is called lost liquidity, that is, he has less money than he needed right now, and very bad things from the point of view of counter-banking, from the point of view of bank supervision , things called the card file, then unfulfilled payment orders began, as far as i could see and communicated with the bank's clients, certain problems with the payment of deposits, well, and therefore the national bank had to react to such things, because it is already a question of the stability of the financial system, because if some

one bank can partially not pay something, then that is already provokes panic throughout the market and the effect can be absolutely completely unpredictable, therefore, in such cases, the national bank must react, well, it hurts. yes, but it must react, that is, one of the problems that this bank had was its regional representation, it was not evenly represented throughout ukraine. his branch is concentrated in the kharkiv region. well, because of this, since the situation in the region was complicated due to the attack of russia, he did not lose many clients, he would say that it was the bank's problem widely represented in other regions of ukraine, yes , the main business was in kharkiv and in the poltava region and in the sumy region. but well, in my opinion, this was not the reason, namely the fact that even before the war the bank was not doing very well, well, during this invasion

, during this phase of aggression did not get better for him p. mykhailo, the bank had shareholders in this bank from international financial structures. they saw the situation. why didn’t they help him to save himself ? why didn’t they decide to capitalize it even if at that time the ukrainian shareholder did not have there was money, er, this is really a very good question , because er, this bank has international er financial organizations. that's how the shareholders have been for many years, and this somehow, in principle, gave confidence er to depositors that the bank will continue to work. i think that they understood the situation with the bank and how complicated it was, they were even until february 24 and, in principle, they are not ready to lay down to save the bank, and if we return to what it was for, what was it withdrawn

from market, the national bank already publishes such e-e solutions that used to be a bank secret. on its website, it was about loans to related parties that the bank did not recognize. that is, this is not the problem that arose after the beginning of a large-scale invasion. this is the problem that banks had even in the previous crisis, and here it is probably eh there should be a little bit of criticism towards the national bank, because banks with such a problem and skimming their companies, this is rather a story from past crises that should not have come to exist until 2022, i agree that there are complaints to the central bank, but at the same time, the shareholders should also see what is happening in the structure of which they are the owners, and it turns out that the international structures did not follow this, did not

see what was happening. well, i think this is a little wrong information which we own from the outside, we can only assume that as minority shareholders, having a small share in the bank and not controlling it, they did not directly influence the operational activities of the bank, they did not determine to whom to give credit and to whom not to give credit obviously that's why they, and although seeing the credit portfolio, they obviously didn't save it and under- leveraged it well, if mr. mykhailo talks about a broader picture, should we trust ukrainian banks in general, the banking system, after all, megabank is an exception are there any rules or is the whole system now in this state ? megabank is an exception to the rules. why? because it was recognized as problematic at the beginning of february. after february 24, no bank was recognized as

problematic and according to the national bank they are not going to recognize any bank as problematic until the end of the martial law because of these negative negative moments that arose as a result of full-scale aggression. this means that the depositors of the megabank, natural persons, will most likely be the only ones affected by this full guarantee of the deposits of the hookups in in a good sense - this means that all even large deposits will be returned at the expense of the deposit guarantee fund, which is actually good news for all depositors, that is, even if it suddenly happened that you were a client of this bank and you have a deposit, then you don't have to worry about everything being returned 100% no, not 200,000 as they used to return hryvnias and all 100%. and what is

happening in the non-banking financial market, we know that in addition to banks there are other organizations such as insurance companies, credit unions, insurance brokers. that is why the national bank of ukraine has spread such a new broker. optimistic news for me or they said uh in general that the non-bank financial market did not have time to clean it properly and something similar to what happened in the 15th and 17th years with banks, when almost half of the companies left the market, and here we see that companies in general are experiencing it is quite good. even if it is in effect. mr. mikhailov, what do you think about this account? last year, it was expected that, this

year, the actual cleaning of the non-banking financial market was planned. the requirements for the sector should have become stricter, starting with are the real owners of these companies who is behind them it is worth studying their financial financial statements more scrupulously to see if it corresponds to reality, well, it is clear that now is not the time , and if earlier we expected that many companies would leave the market because of this, because their activities did not meet these high standards, the standards that have increased now these companies will survive on the market as well as other better companies, that's why we don't see their withdrawal from the market because it's banal now , that is, it's rather not their merit.

lenient conditions on the part of the contrabank, which decided not to apply harsh sanctions against such companies, but simply to wait until after all, there is peace in ukraine, it will be possible to reform this sector e gradually p yevgeny and you wrote on facebook about the placement of accounting e-e about the placement of bonds of the internal state loan , about the rates of these bonds, it is about the debt securities by which the government attracts money to the budget, and we all hoped that the interest rates on such debt securities would increase. after the decision of the national bank on increase in the accounting rate from 10 to 25%. did it happen or not or not enough time has passed for us to see the reflection on the debt market? look at it from a different point of view. we, the government in ukraine, need money because we need to finance

pensions. we need to finance the armed forces . should simply attract money in large amounts yesterday he failed to do so, he left only 850 million hryvnias, this is very little, this is a record low in recent years, such involvement of udp, which means that it is necessary somewhere else, i will look for money, that is, or make another issue, that is, the national bank will print money, or ask international partners for money, or in a week, raise the interest rate on securities for ovdp very much, or the main reason why the ministry of finance sold so little was the low rate that the value of money the economy is already 25%. the ministry of finance offered bonds at the rate of nine and a half 11.5%. of course, the demand at such a rate

was very small, because no one wants to lose a lot and everyone is such a hot potato. who will finance the budget, the central bank or the ministry of finance through its borrowings, here is the ministry of finance, but now everyone is waiting for something to happen, will it happen next week, will the ministry of finance still raise rates, or will the national bank have to print money again, well and increase it. thus, inflationary risks are now only risks and this place does not affect inflation yet, but with each new mission there are more risks. and now i understand that the ministry of finance and the national bank are very much in such strong negotiations , who should be responsible for financing after all of the budget, because this is the main thing. thank you for the explanation. dear colleagues, today we do not have time to talk about other topics. we will talk about them . next week on wednesday, i invite you in advance. please come to the espresso tv channel. we were associated with experts of analytical case center ukraine evgeny

dubagrys and financial analyst of icu investment group mykhailo demkiv and i have two more short pieces of news that you should know about today news from india yesterday we reported that the indian dad is leaving from the russian market and were happy about it, but india is inconsistent with its policy towards russia, in particular, india is ready to double its oil imports from the aggressor country, although under the condition of a significant discount due to the loss of customers, ros-neft began to offer its partners a considerable discount per barrel, almost a third of the cost is reduced, i would like to remind you that the united states the european union is a big issue and a number of other states have already introduced sanctions that have hit the kremlin's oil supply. according to experts' calculations, due to the partial embargo, moscow will not receive 22 billion dollars a year. well, and the american corporation ibm left russia, the website

is also unavailable in this country, it cannot be opened at all. i would like to remind you that ibm is one of the largest manufacturers and suppliers of software, as well as it services and consulting services. in march, the organization announced that it condemned the war started by russia against ukraine on this today we will talk about the news of the economy during the war tomorrow watch us on weekdays in the morning at 8:00 and repeat in the evening this is andrii yanitskyi espresso tv channel together we will win