Category: 9. Business

According to the EWL Migration Platform research, Ukrainians in Germany earn €1,334 per month on average. This is approximately 300% higher than the average salary in Ukraine. In the Netherlands, the average net wage of Ukrainians is €1,104 per month, which is about 200% higher than the… Continue Reading

As Bloomberg explains, Ukraine is trying to reduce debt payments in wartime, but Kyiv needs to maintain good relations with creditors to restore the economy after the war. The Ukrainian government insisted on reducing the debt to 60 cents on every dollar, while bondholders were willing to lose… Continue Reading

The defense treaty signed on June 19 between Russia and North Korea promised to provide each other with military assistance. A few days later, Pyongyang announced sending a military engineering unit to support Russian forces in the Donetsk region as early as next month. North Korea has already… Continue Reading

The Ministry of Economy presented an overview of the IFI programs for €1.4B, which will be implemented within the Ukraine Investment Framework (UIF). The programs of the first stage were approved by the European Commission at the URC in Berlin. The financing for €1.4B includes: €1.05B is… Continue Reading

It is realistic to install up to 1 GW of gas-fired power generation in Ukraine, according to Deputy Minister of Energy Mykola Kolisnyk. “Several tens of megawatts have already been installed, and several hundred megawatts are at the stage of connection,” he said. Meanwhile, the DTEK Energy… Continue Reading

According to the State Statistics Service, in January-March, the production of weapons in Ukraine increased by an average of 25.4% compared to the same period last year. Thus, in January, Ukraine produced 26.6% more weapons and ammunition compared to January last year. In February, the growth… Continue Reading

Spain will allocate a soft loan for €50M and an additional grant of €1M in partnership with the IFC to support the stability of the private sector of Ukraine, the Minister of Economy of Spain Carlos Caballero announced in Kyiv. In total, Spain provided more than €45M in humanitarian aid… Continue Reading

The Odesa City Council approved the development of a land management project for the allocation of a 4-hectare plot of land to the municipal enterprise “Heat Supply of the City of Odesa” for the implementation of the construction project of a waste incineration plant that will produce… Continue Reading

Washington does not plan to include the Russian Federation in the list of countries sponsoring terrorism, said US State Department spokesman, Matthew Miller. “We believe there are more effective ways to hold Russia accountable for its actions,” he said. The official pointed out that the US… Continue Reading

The Biden administration is considering lifting the ban on allowing American military contractors in Ukraine. If approved, the changes would likely take effect this year and allow the Pentagon to award contracts to American companies to work in Ukraine for the first time since Russia invaded in… Continue Reading