Belgium will contribute a €1B defense aid package to Ukraine. Prime Minister Bart de Wever specified that the funds will be utilized to purchase weapons and enhance the Ukrainian defense industry, particularly the production of new types of weapons. Belgium will also…
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ICU downgrades Ukraine’s economic growth forecast to 3% for 2025, down from the previous outlook of 3.4%.
A report from the ICU investment company notes that Ukraine’s real GDP increased by only 2.9% in 2024, significantly below market expectations and their earlier forecasts. Economic growth weakened considerably last year due to a steep decline in the harvest, affecting…
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Despite the insignificant impact of Trump’s tariffs on Ukraine, it is ready to zero out tariffs on American products and negotiate with the US.
For Ukraine, the predominant negative consequence of the global trade war may be lower volumes of macro-financial assistance from European partners economically weakened by tariffs. In addition, Ukrainian exports will be suppressed by lower global prices for raw…
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Protesters gather on Budapest bridge for fourth week against Hungary’s ban on LGBTQ+ events
Thousands of protesters gathered in Hungary’s capital for the fourth consecutive week on Tuesday, voicing opposition to a new law enacted by populist Prime Minister Viktor Orbán’s nationalist government, which bans LGBTQ+ Pride events.
The legislation, fast-tracked through…
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Ukraine invites allies to test military tech in combat
On 8 April Ukraine has proposed its allies to test their products in real combat conditions and called for the establishment of long-term partnerships during the Estonian-Ukrainian Defense Industry Forum held in Kyiv.
Estonia will continue to support Ukraine with at least 0.25% of its GDP…
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Ukrainian cement and concrete producers are poised to increase their capacity to meet reconstruction demands.
According to CBR, even amidst high uncertainty with reduced international financing and severely limited Ukrainian budget resources, cement producers and consumers are ready to quickly restore and expand their production capacity, willing to invest to meet the…
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Two Ukrainian industrial enterprises are selling their production capacities. Where to invest?
On April 11, the State Property Fund will hold an auction for the privatization of the state enterprise Zhytomyr Distillery, with a starting price that exceeds ₴101M. The enterprise is operational and holds all necessary licenses. Between 2022 and 2024, the distillery…
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Ukrainian Widow Says Late Husband’s Heart Donation Inspires Her To Go On
Oleh Babiy had been sick for years when he finally received the news he had been waiting for: a new heart was available for transplant.
The donor was a former Ukrainian soldier, Aslan Mamedov, whose life was cut short in a car accident.
In October 2024, Babiy underwent transplant surgery and…
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UK royals welcomed at Quirinale Palace on second day of state visit to Rome
King Charles III and Queen Camilla met with Italian President Sergio Mattarella on Tuesday, marking the second day of their state visit to Italy.
The royal couple were escorted to the palace by a group of more than 30 mounted presidential guards where they enjoyed a joint flyover by…
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European gas prices have fallen to their lowest level in six months; Ukraine is advised to stock up for the upcoming winter.
At the end of last week, futures prices for natural gas in Europe dropped sharply by over 10% to €35.2 per MWh, according to the ICE exchange. These are the lowest European gas prices in the past six months. This price drop is primarily due to the tariffs introduced by…
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