Category: 9. Business
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The European Parliament has approved a new EC team, which promises support for Ukraine.
On November 27, the European Parliament approved the European Commission’s new composition, proposed by EC President Ursula von der Leyen. Twenty-six European commissioners were approved. Former Estonian Prime Minister Kaja Kallas will become the High Representative of… Continue Reading
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The Economist provided its assessment of Ukraine’s losses during the full-scale war.
Ukraine’s military losses during the war could range from 60,000 to 100,000 dead with about 400,000 more soldiers wounded. “More than 0.5% of the pre-war male population of fighting age (18-49 years old) were killed,” the publication says, noting that almost 1 in… Continue Reading
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NATO members condemn the attack on Dnipro; Rutte calls Ukraine a priority for the Alliance.
A NATO-Ukraine Council meeting was held at NATO headquarters in Brussels, where the parties discussed Russia’s use of a new ballistic missile. NATO members confirmed their support for Ukraine and noted that the attack on Dnipro is viewed as another Russian attempt to… Continue Reading
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Ukrainians want their country to regain its nuclear status more than they desire NATO membership.
After the war’s end, among the main priorities for the state’s development, Ukrainians include the restoration of the state’s nuclear status in the top three most desired priorities, while accession to NATO was in seventh place. The top three strategic development… Continue Reading
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Russia is preparing to stop gas transit through Ukraine, while its oil and gas revenues have increased by 26% over the year.
In its internal plan for 2025, Russian Gazprom assumes that gas will no longer flow to Europe via transit through Ukraine. This is the base scenario that Russia is considering, writes Reuters. It is predicted that Russian gas exports to “far abroad,” mainly European… Continue Reading
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What financial support have international partners promised Ukraine in the coming years, and will this be enough to repel Russian aggression?
The agreements already concluded by Ukraine with its allies give grounds for optimistic expectations regarding the external financing deficit in 2025 being covered, analysts noted. In 2025, the Ukrainian government and the IMF expect to receive $13.7B from the EU through… Continue Reading
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Europe is funding Ukrainian weapon production due to its capacity constraints.
European allies, struggling to produce enough weapons for Kyiv’s war effort, are taking a new approach: giving Ukrainians money to do it themselves. Under the new approach, Europeans are funding government contracts with Ukrainian weapons manufacturers, including the… Continue Reading
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The IFC may join the EBRD in financing the construction of a 147 MW wind farm in Volyn.
On December 10, The World Bank Group’s IFC plans to consider the provision of a €55M loan to Concern Galnaftogaz to finance the construction of a wind farm with a 147 MW capacity in the Volyn region. The loan’s term would be 16 years. The total cost of the project… Continue Reading
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Piraeus Bank opened its fifteenth branch in Zhytomyr as part of its strategy to expand its network across Ukraine.
Despite the war’s challenges, Piraeus Bank remains a reliable partner for Ukrainian businesses with over 100 years of history and steadfast European values. This marks the fifteenth branch opening in the last two years as part of the bank’s strategy to expand its… Continue Reading
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Piraeus Bank opened its fifth branch in Zhytomyr as part of its strategy to expand its network across Ukraine.
Despite the war’s challenges, Piraeus Bank remains a reliable partner for Ukrainian businesses with over 100 years of history and steadfast European values. This marks the fifth branch opening in the last two years as part of the bank’s strategy to expand its network… Continue Reading