According to the first quarter’s results, the volume of hryvnia funds in individuals’ accounts increased by 0.6%. The NBU reports that this positive trend has continued for the seventh consecutive month. In the corporate sector, the situation is somewhat more…
Category: 9. Business
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European banks are providing Ukraine with funding to support housing for internally displaced persons and restore critical infrastructure.
Consequently, Ukraine will receive €50M from the Council of Europe Development Bank (CEDB) to finance a preferential mortgage program for families of internally displaced persons (IDPs).
“These funds will enable approximately 1,100 IDP families to secure affordable…
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Hungary has promised to support sanctions targeting Russia if Putin refuses a truce.
Hungarian Foreign Minister Peter Szijjártó confirmed that Hungary may back Western sanctions against Russia if Donald Trump employs them to penalize Russian leader Vladimir Putin for the Kremlin’s unwillingness to peacefully resolve the war in Ukraine. The minister,…
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The coming German government will increase aid and support for Ukraine’s NATO accession.
The signed coalition agreement reached by the upcoming German government states: “Ukraine, as a strong, democratic, and sovereign state that independently determines its future with a Euro-Atlantic perspective, is central to our security. Therefore, we will…
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The US has come up with a way to combat the Russian shadow fleet while also addressing its national debt through a single solution.
A new bill has been introduced in the US aimed at tackling Russia’s shadow fleet of tankers that that are employed to transport oil, circumventing Western sanctions related to the war in Ukraine. Senators Joni Ernst (Republican) and Richard Blumenthal (Democrat) have…
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This year, Ukraine anticipates receiving €18B from Russia’s frozen assets.
Since the start of the year, Ukraine has already received €5B from the EU that was sourced from these assets’ proceeds, and expects to collect another €13B from these profits by the year’s end, Ukrainian Prime Minister Denys Shmyhal stated in Brussels following…
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A dozen countries are ready to send peacekeeping troops to Ukraine.
Ukraine’s key allies are continuing discussions regarding a potential peacekeeping mission in the country if a peace deal is reached. The coalition includes European nations, Canada, and Australia, but not the US. Ukraine stresses the significance of having foreign…
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The Mineral Deal: Ukraine will insist on parity between the parties in managing the investment fund.
The technical round of negotiations between Ukraine and the US regarding the mineral agreement will take place on April 11-12 in Washington. Ukraine’s delegation will be led by Deputy Minister of Economy and Trade Representative of Ukraine, Taras Kachka, as reported by…
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Ukraine will lose its current preferential trade conditions with the EU in June.
The European Commission will not initiate an extension of the autonomous trade measures introduced in 2022 to support Ukrainian exports, which expire on June 5, said EU Agriculture Commissioner Christoph Hansen. “The current measures will be canceled in any case,” he…
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A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency.
In the Lviv region, near the entrance to the city of Vynnyky, plans are underway to construct a large shopping mall that will feature a supermarket, various shops, food outlets, a children’s play area, a modern hall for large events, a spacious parking area, and more….
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