Category: 9. Business

According to the State Customs Service, Ukraine’s trade turnover in January-November amounted to $101.9B: imports – $63.6B, exports – $38.3B. Ukraine imported the most goods from China – $13B, Poland – $6.3B and Germany – $4.8B. Ukraine exported the most to… Continue Reading

As of October 31, 2024, more than 4.198 million Ukrainians who left Ukraine after the start of the full-scale Russian invasion had temporary protection status in EU countries. Compared to the end of September, the increase is 1,100 people. Germany remains the EU country… Continue Reading

French President Emmanuel Macron persuaded US President-Elect Donald Trump to meet with his Ukrainian counterpart in Paris, where world leaders have gathered to reopen Notre Dame Cathedral. After the meeting on December 7, Trump said that Zelenskyy and Ukraine would like… Continue Reading

The US will provide Ukraine with hundreds of thousands of additional artillery shells, thousands of missiles, and hundreds of armored vehicles by mid-January, stated the US President’s National Security Advisor, Jake Sullivan, at a meeting with the Head of the… Continue Reading

An EU summit, the first under Antonio Costa’s European Council presidency, will be held on December 19. “The situation in Ukraine will be at the center of our discussions. We must stay with Ukraine for as long as necessary and do everything possible to ensure that… Continue Reading

Fitch Ratings has affirmed Ukraine’s long-term foreign currency rating at restricted default (RD) as Ukraine continues to restructure its external debt. “Ukraine’s foreign currency issuer default rating will remain at RD until Fitch assesses the completion of swaps… Continue Reading

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

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

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

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