Category: 9. Business

This is a significant change, as Ukrainian law had prevented individuals from holding citizenship from more than one country, which forced Ukrainians to renounce their citizenship in order to acquire a foreign passport, and required foreigners to do the same to hold a…

On June 17, Russia carried out a barbaric airstrike, targeting civilian infrastructure in Kyiv, Odesa, and eight other areas. Damage occurred to apartment buildings, dormitories, and kindergartens, with a residential building in Kyiv partially destroyed, and left 1,148…

Slovak Prime Minister Robert Fico has backed Ukraine’s EU membership, emphasizing that all conditions must be satisfied.

“The Slovak government wishes Ukraine European development. If Ukraine wants to join the EU, this is its sovereign decision, and we support this…

The Ukrainian government has taken the first practical step toward implementing agreements with the US on cooperation in critical raw materials. This entails preparations to open the Dobra lithium deposit in the Kirovohrad region to private investors. The Dobra deposit,…

Last week, the European Commission included a proposal in the draft of its Russian sanctions package to lower the price cap on oil from the current $60 per barrel to $45. Some member states that support the cap are worried that the proposal may lack the necessary…

The German government does not intend to restart the Nord Stream 1 gas pipeline, used to transport Russian gas, or to launch Nord Stream 2, said Deputy Government Spokesperson Sebastian Hille. This statement followed reports that the pipeline operator’s debt, Nord…

According to the World Bank, the flow of foreign direct investment to developing countries has decreased due to an increase in global trade barriers.

“What we are seeing is the result of government policy. It is no coincidence that foreign direct investment is falling…

Under favorable economic conditions, rates on auto loans, loans for small and medium-sized businesses, and mortgages may align with the 2024 level: They are expected to decrease by an average of one percentage point to 17-18% per annum, noted Serhiy Mamedov, VP of the…

The European Commission has approved a legislative proposal that outlines a gradual phase-out of Russian gas and oil imports into the EU by the end of 2027, with the goal of enhancing the bloc’s energy independence and competitiveness. The regulation entails a gradual…

Ukrainian government representatives and the World Bank have discussed a new housing support program for internally displaced individuals. Presently, the HOPE housing repair project, jointly undertaken with the World Bank, is a key component of the government’s housing…