After negotiations in Washington, the Trump administration has revised the aid estimate down from $300B to $100B. However, the US continues to view the agreement as a way to recover costs for military aid to Ukraine through profits from a yet-to-be-determined fund. The…
Category: 9. Business
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Rubio and Witkoff will travel to Paris to discuss Russia’s war in Ukraine, while the ISW believes Putin has enough resources for another 12 to 16 months.
US Secretary of State Marco Rubio and the US President’s Special Envoy for the Middle East Steve Witkoff are scheduled to visit Paris this week. Witkoff plans to meet with French President Emmanuel Macron, and Rubio will meet with French Foreign Minister Jean-Noel…
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President Zelenskyy’s office announces that peace negotiations with the US will occur only after a mutually agreed-upon draft of a ceasefire document is prepared.
Deputy Head of the Office of the President Ihor Brusilo stated, “Such meetings are meaningful only when there are specific developments such that documents that can be discussed substantively and implemented. At present, working contacts with the American side at the…
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Ukrainians are seeking reliable liquid savings instruments, which is driving the popularity of bank deposits.
Head of Retail Products and Digital Banking at Piraeus Bank, Oleksandr Ovcharuk, explained to UBN that the war has altered Ukrainian’s financial habits, leading to greater demand for dependable liquid savings options. “For clients, the significance of factors such as…
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Analysts compare the size of Ukraine’s shadow economy with those of other countries.
Prior to the full-scale war in 2021, Ukraine’s shadow economy was estimated to be around 30% of GDP. Last year, the Ministry of Economy reported that potentially 40% of the economy could take place in the shadows. However, in specific industries like trade, that figure…
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Ukrainian investors are interested in acquiring a Polish meat processing plant with €25M in annual turnover.
According to Retail & Development Advisor, which is serving as the authorized representative for this asset’s sale, negotiations are underway with several investors. Since the onset of full-scale war, many Ukrainian companies have sought opportunities to diversify…
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Ukraine’s economy is expected to grow by 3%, while inflation is anticipated to slow significantly.
ICU analysts observe that that the Ukrainian economy has shown modest growth since the third quarter of 2024, and predict a low probability of a substantial acceleration in recovery. The need to gradually reduce the budget deficit and government spending will severely…
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The Ukrainian Parliament calls on the EU to extend trade benefits for exports.
The Verkhovna Rada adopted an appeal to the European Parliament, the EC, and the Council of the EU, along with the parliaments and governments of EU member states, urging them to extend trade benefits for Ukrainian exports until the terms of the free trade agreement…
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Belgium views the idea of resuming energy cooperation with Russia as unrealistic.
Any efforts to return to this trade relationship are unfounded, said Belgian Energy Minister Mathieu Bihet, commenting on the increasing calls in Europe to restart energy imports from Russia amid diplomatic efforts to end the war in Ukraine.
“It’s odd to think we can…
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What can drive the development of Ukraine’s construction industry?
The introduction of project financing based on the European model, where the bank serves as a partner, controller, and guarantor for investors, could be a catalyst for the sector’s growth, according to Intergal-Bud Commercial Director Anna Laevska. She believes that…
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