Category: 9. Business

As noted by the National Bank, this dynamic results from the NBU’s currency interventions to cover the structural currency deficit on the market and smooth out exchange rate fluctuations, as well as the country’s debt payments in foreign currency. These operations were partially offset by… Continue Reading

The EU plans to change its system of Ukrainian military support to bypass a Hungarian veto, circumventing the country that is loyal to the Russian Federation. On October 9, EU ambassadors are expected to reach an agreement on the terms for providing Ukraine with a €50B loan secured by profits… Continue Reading

All the tax revenue in the state budget is directed to the security and defense sector, but even that is not enough. The Ministry of Finance noted that the balance is covered through other sources, including non-tax revenues and domestic borrowing. The ministry added that, despite rising costs,… Continue Reading

State enterprise Naftogaz Bioenergy is studying the possibility of building a wind power plant in the Ternopil region. A draft memorandum has been prepared that outlines cooperation between the Saranchukiv village council and the Naftogaz of Ukraine company for the implementation of wind farm… Continue Reading

On October 4, Kharkiv private enterprise Aktivur1001 won the privatization auction, acquiring 100% of the authorized capital shares of Vazhpromelektroproekt. Six parties participated in the bidding, driving the lot’s value from the starting ₴4.9M bid to the winning ₴18.2M bid offered by… Continue Reading

This model represents, in the Western community’s opinion, what may become the most likely scenario for the end of the hot phase of the war in Ukraine and prevent a new one, writes the FT. In this plan, Russia would retain de facto control over the occupied territories – but they will… Continue Reading

“We will present the Victory Plan – clear, concrete steps to a fair end to the war. The determination of our partners and the strengthening of Ukraine is what can stop Russian aggression,” the President of Ukraine emphasized. The meeting of allies is expected to take new steps to support… Continue Reading

Bratislava is actively selling weapons to Ukraine even though current Prime Minister Robert Fico came to power criticizing his political opponents for helping Ukraine. He called his political rivals the pawns of war and himself the main supporter of peace, and during the election campaign last… Continue Reading

Ukraine’s military predicts an intensification of assault actions by Russian troops in the ​​Orikhov and Mala Tokmachka settlements in the Zaporizhzhia region soon, said a representative of the Southern Defense Forces, Vladyslav Voloshyn. “If there is a breakthrough there, the enemy can… Continue Reading

As reported by DW, Friedrich Merz, the candidate for German chancellor from the opposition bloc, suggested that Germany, Poland, France, and the UK form a contact group to establish Europe’s post-war structure after the Russian war in Ukraine comes to a conclusion. Merz opines that these four… Continue Reading