Ukrainian authorities emphasize that a future €140B EU reparation loan, backed by frozen Russian assets, could be used not only for the country’s defense but also to close the budget deficit. The Ministry of Finance believes Kyiv needs funds for a wide range of…
Category: 9. Business
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The EU is seeking funding to facilitate mass drone production.
The European Commission is assessing existing EU budgets and legal frameworks in order to allocate additional resources for the drone industry’s development, which will become a vital part of defense equipment production. Despite opposition from several Southern…
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The Kremlin’s European mouthpieces: Fico and Orban call for Ukraine’s support to end.
Slovak Prime Minister Robert Fico has reiterated his criticism of the EU’s stance on the Russian-Ukrainian war. He states that Bratislava’s foreign policy aims not for Russia’s defeat but for ending the war as soon as possible. He added that if the EU “spent as…
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Lithuania is exploring ways to boost support for Ukraine; the country has already provided nearly €1.8B in aid to Kyiv.
Lithuanian Prime Minister Inga Ruginienė, during a meeting with Ukrainian counterpart Yulia Svyrydenko in Kyiv, stated that Vilnius plans to further strengthen its support for Ukraine. The government is committed to allocating at least 0.25% of GDP to Ukraine’s…
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Greece is preparing to transfer artillery and ammunition worth nearly €200M to the Armed Forces of Ukraine.
The Greek government intends to strengthen Ukraine’s military by sending self-propelled howitzers, shells, and missiles valued at €199.4M. Specifically, the military aid package will include 60 M110A2 self-propelled howitzers and 150,000 203 mm shells of various…
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The Ministry of Finance continues to enhance the refinancing of domestic debt payments.
ICU analysts reported that in September the Ministry of Finance issued new bonds in various currencies totaling ₴51B, which helped improve refinancing levels by a few percentage points compared to August. As a result, hryvnia debt refinancing increased by four…
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Ukraine has developed covert battery parks to support its power system during Russian attack.
The country has launched a network of storage batteries to prevent long power outages caused by Russian attacks on energy infrastructure. The batteries, supplied by American Fluence, can support the grid for a period if it sustains damage during an attack. The WSJ notes…
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Investors are being offered the opportunity to purchase a ready-to-operate agricultural enterprise with a 5,500-hectare land bank.
In the Dnipropetrovsk region, on the right bank of the Dnipro River, one of the largest agricultural enterprises in the region is available for sale – a crop-growing complex with a total land area of over 5,500 hectares, including 760 hectares equipped with irrigation…
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For the first time in Ukraine, electric cars have taken the lead in the new car market: What is happening across different segments of the automotive market?
Fully electric models became the most popular purchase in Ukraine for the first time, comprising a third of September’s new car sales – compared to 15.3% last year. Last month, sales of passenger electric cars hit a historic high – 12,113 units were purchased,…
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The US plans to help Ukraine expand its strikes on Russian refineries and energy sites, but Tomahawk missiles being supplied is unlikely.
The Trump administration plans to share additional intelligence with Ukraine that will enable it to conduct more accurate strikes on Russian oil and gas facilities, marking the first such exchange of intelligence since President Trump’s return to office in January….
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