Russian dictator Putin is convinced that his troops will break through Ukrainian defenses and take full control of four Ukrainian regions by the year’s end. According to Bloomberg, his confidence suggests he is unlikely to make any significant concessions. Thus, US…
Category: 9. Business
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The EU has approved a €150B rearmament fund aimed at enhancing support for Ukraine.
As reported by Reuters, the EU nations have come to a preliminary agreement on establishing a new credit mechanism for rearmament purposes entitled the Security Action For Europe (SAFE), which is valued at €150B. This initiative was introduced by the European…
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The EU plans to propose reducing the price cap on Russian oil to the G7 nations as part of its 18th sanctions package.
European Commissioner for Economic Affairs Valdis Dombrovskis did not specify the proposed reduction, but may suggest lowering the cap from the current $60 to $50 per barrel. Dombrovskis intends to formally present this proposal during a meeting of G7 finance ministers…
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In Ukraine, the share of NPLs is projected to fall to pre-war levels this year.
In the first three months of 2025, the share of NPLs in the banking sector decreased to 28.6%, which is 1.7 percentage points lower than at the beginning of the year and 8.8 percentage points lower than at the start of 2024 (37.4%). For the first time since 2022, this…
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Ukraine’s subsoil agreement with the US: How many dormant licenses are there in Ukraine, and what resources can be extracted?
As reported by the State Service of Geology and Subsoil, of the special permits for subsoil use issued in Ukraine, 154 are deemed dormant – indicating that less than 1% of the mineral reserves’ balance has been utilized over the past decade. This accounts for under…
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More than a third of Ukrainian bank deposits are held in foreign currency, despite their lower profitability.
According to the NBU, as of April 1 ₴1.392T was held in banks and protected by the Deposit Guarantee Fund (DGF). Since the start of the year, this amount has hardly changed (+₴0.6B). Meanwhile, in 60 banks participating in the DGF, there were 70.4 million deposits…
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Due to the war, Dragon Capital’s real estate portfolio was reduced by 200,000 square meters, with losses amounting to nearly $65M.
The largest investment company in Ukraine currently holds approximately 600,000 square meters in its real estate portfolio, down from its peak of 800,000 square meters, said Tomasz Fiala, the founder and CEO of Dragon Capital. He noted that since 2016, the company had…
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The European Commission has revised its economic forecast for Ukraine, lowering its GDP growth prediction for 2025 from 2.8% in November to 2%.
This adjustment is attributed to ongoing war pressures that severely impact production capacity and business confidence. For 2026, the GDP growth forecast has been decreased from 5.9% to 4.7%. A decline in exports is expected, driven by decreasing industrial output,…
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Experts predict an upcoming surge of mutual investment between Ukraine’s agriculture sector and that of the EU.
Emphasizing the Ukrainian agricultural focus on European markets, Alex Lissitza, president of the Ukrainian Agrarian Business Club, observed that Ukrainian farmers are collaborating on joint projects with their counterparts in the EU, particularly in Romania, Poland, and…
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Ukraine’s top construction companies’ revenue increased by 41% last year, while profit rose by 60%.
The top ten companies in the construction sector generated over ₴49B in revenue in 2024, which is 41% more than in 2023. The combined profit of the industry leaders surged by 60%, reaching ₴3.09B ($74M). A significant portion of the leaders’ income comes from five…
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