Category: 9. Business

Ukrainians are currently pondering a crucial decision – to continue the fight or negotiate for peace, and the Biden administration is committed to providing Ukraine with the strongest possible position, said US Secretary of State Anthony Blinken. This means further… Continue Reading

The Biden administration will announce its final Ukraine Security Assistance Initiative (USAI) package in the coming days, using the remaining funds that have been reserved to purchase new weapons for Kyiv. The package, worth about $1.2B, will likely include interceptors… Continue Reading

Beginning January 1 2025, the Ukrainian GTS will be able to transport gas of Russian origin only at the request of the European Commission, Prime Minister Denys Shmyhal said. At the same time, according to the Association Agreement with the EU and the Energy Charter… Continue Reading

Monday, December 23, 2024 … Continue Reading

The EU should consider taking bolder measures, such as confiscating the Russian Central Bank’s foreign assets as compensation for Ukraine, said Valdis Dombrovskis, the European Commissioner for Economic and Monetary Affairs. The discussions have gained new momentum as… Continue Reading

European countries would consider sending military personnel to Ukraine in the event of a ceasefire, but they will not unite peacekeeping forces under the NATO flag, as a NATO mission requires unanimous consent of all Alliance members and may provoke Russia. The Kremlin… Continue Reading

The real GDP growth rate slowed from 1.1% year-on-year in October to 0.7% in November. The reason is Russian shelling of energy and industrial infrastructure, the Institute for Economic Research (IER) stated. In particular, these most recent massive attacks led to the… Continue Reading

The European Commission has announced macro-financial assistance to Ukraine through a loan of €18.1B, which will be paid in equal installments throughout 2025 with the first tranche expected in January. This amount is the EU’s contribution to the G7 initiative (ERA),… Continue Reading

In 2024, global mergers and acquisitions (M&A) volume will  top $3T, up 11%. The value of deals worth more than $5B has increased 19% since the beginning of the year, while the number of deals has fallen 20% to a nine-year low. High-profile deals include Mars’ $35.9B… Continue Reading

The US has made an exception to the sanctions imposed on Gazprombank to allow payment for Russian gas by Hungary and Turkey. The Hungarian Foreign Ministry believes the latest sanctions against Russia may negatively affect some US allies. In turn, Ukraine expressed hope… Continue Reading