Category: 9. Business
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FitchRatings: What awaits the Ukrainian economy and when the war will end.
Fitch Ratings predicts a slowdown in Ukraine’s economic growth. In 2024, GDP growth is predicted to reach 4%, facilitated by the normalization of Black Sea trade activity, high government spending, and household income. In 2025 economic growth is forecast to slow to… Continue Reading
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EU ambassadors can’t reach an agreement on the 15th package of Russian sanctions because of Lithuania and Latvia.
Representatives of EU countries were not able to approve the 15th package of sanctions against Russia, aimed at its elusive shadow fleet. According to EU diplomats, Lithuania and Latvia blocked the adoption of the package due to disagreements over an extension of the… Continue Reading
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Sweden and Denmark have ordered 40 infantry fighting vehicles, Estonia will test its latest anti-aircraft missiles, and the second batch of Danish F-16s has arrived in Ukraine.
Denmark and Sweden have jointly ordered and paid for 40 CV 90 infantry fighting vehicles from the manufacturer, Hägglunds, for a total of SEK 25B (€2.1B). The Estonian defense company Frankenburg Technologies will start testing of its innovative anti-aircraft missile… Continue Reading
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Ukraine has narrowed the artillery gap with Russia and will soon gain a technological advantage.
The Russian military has lost almost its entire advantage in the number of artillery shells it is able to fire over Ukraine in recent months due to production restrictions and Ukrainian strikes on ammunition warehouses. As an example, earlier in the war the Russian army… Continue Reading
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The Ministry of Finance states that Ukraine has the resources to fight Russia in 2025.
Although European allies are concerned that the US will cease providing aid to Kyiv after Donald Trump enters office, the EU is confident that Ukraine will soon receive a $50B loan to be repaid with proceeds from frozen Russian assets. The US plans to provide $20B of the… Continue Reading
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The World Bank will continue to finance Ukraine’s reconstruction in 2025.
Ukraine and the World Bank plan to continue their cooperation in 2025 and to further fund the RISE entrepreneurship support program, housing sector instruments, and mortgage programs, support Ukraine in long-term economic modeling, and launch the I_Can regional… Continue Reading
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Privatization: Ukrbud, a state-owned construction company, is being prepared for sale; the Bilhorod-Dnistrovskyy port deal is under threat.
The State Property Fund (SPFU) has determined the starting price for the sale of the state-owned stake in the Construction Company Ukrbud – ₴262.6M. The privatization terms and starting price have yet to be approved by the Cabinet of Ministers. Ukrbud, established by… Continue Reading
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Ukraine’s trade volume will continue to grow with its Western partners.
The Eastern Committee of the German Economy reported that the volume of Ukrainian-German trade in 2024 could reach €11-12B. Currently, both exports and imports are growing. For comparison, in pre-war 2021 Germany’s exports to Ukraine amounted to about €5.4B,… Continue Reading
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Trump is mulling three options for peace in Ukraine and none involve NATO membership.
US President-Elect Donald Trump has three main proposals for ending Russia’s war against Ukraine, none of which involve Ukraine joining NATO: a plan by Special Representative for Ukraine and Russia General Keith Kellogg, a plan by US Vice President-elect JD Vance and a… Continue Reading
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Ukraine’s partial NATO accession is technically possible; the question is the political will of Ukraine’s allies.
Technically, the accession of part of Ukraine to NATO is possible and would have precedent, following the examples of Germany before its unification and certain islands co-owned by France and the UK that are not Alliance territories by treaty. Therefore, the question is… Continue Reading