Category: 9. Business

On the night of April 21, the Russian Federation struck Ukraine with three missiles and 96 strike drones immediately after the so-called “Easter truce,” declared by Russian President Putin for April 19-20, came to an end. However, even during the proposed truce, the…

The EU will release a roadmap on May 6 to phase out its purchases of Russian fossil fuels and continue to decrease Russian imports, according to European Council President Antonio Costa.

“This creates space in the market for imports from other suppliers, which means…

According to the Ukrainian Council of Gunsmiths, this sector experienced remarkable growth in 2024, surging by 900% compared to 2023, with estimates ranging from $35M to $50M. This demonstrates that Ukrainian manufacturers are developing effective defense solutions. Over…

In the first quarter of 2025, the Business Expectations Index (BEI) for Enterprises rose to 108.2%, up from 101.8% in the fourth quarter of 2024. The NBU noted that hostilities and their consequences are still the most significant factors affecting enterprises’ ability…

This agreement does not outline specific amounts or debts, but it emphasizes establishing a framework for joint investment and mutual benefit, noted Deputy Minister of Economy Taras Kachka.

“Currently, we are exploring the development of a mechanism that would ensure…

The Board of the NBU has decided to hold the discount rate steady at 15.5% to sustain the foreign exchange market’s stability, control inflation expectations, and gradually reduce inflation to the 5% target. However, the National Bank has adjusted its expectations for…

On April 17, high-ranking Ukrainian officials discussed a ceasefire and security guarantees with their counterparts from the UK, Germany, and France, announced the Head of the Presidential Office, Andriy Yermak. Representatives from countries that comprise the coalition…

London will support Berlin’s decision to provide Ukraine with Taurus missiles as a show of solidarity with the next German Chancellor, Friedrich Merz, who recently expressed his readiness to equip Ukraine with German-Swedish long-range cruise missiles if France and the…

Ukraine must liberalize its gas market as soon as possible to attract Ukrainian and European traders as well as industrial consumers for imports. Otherwise, a lack of resources and funding may disrupt preparations for the upcoming heating season, stated Volodymyr…

This decision is influenced by resistance from some EU member governments and uncertainty regarding alternative supply sources. Instead, the European Commission plans to create a new roadmap by May that will lead to the elimination of the bloc’s dependence on Russian…