according to British Foreign Secretary David Lammy. He mentioned that he had talked about increasing military support for Ukraine prior to a potential full ceasefire in a meeting in London with the EU’s chief diplomat, Kaja Kallas. Lammy added that this issue was also…
Category: 9. Business
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Russia conducts a massive air raid on a city in central Ukraine, while the Armed Forces of Ukraine target the Engels airfield.
Putin demonstrated his stance toward the initiative to establish peace in Ukraine by shelling the Kirovohrad region.
“Despite its propaganda statements, Russia’s strikes on Ukraine continue. Every day and night, about a hundred or more drones and missile attacks take…
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Europe, along with Ukraine, is ramping up the production of 155-mm ammunition.
French defense plant Les Forges de Tarbes, which was on the brink of closure in 2021, is now running at full capacity, fulfilling orders for 155-mm artillery shells. The priority is to support Ukraine and reequip European militaries.
The plant is the only French…
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Shelling and business uncertainty slowed real GDP growth in Ukraine to 0.5% in February.
The growth rate of real Ukrainian GDP decreased to 0.5% during the same month. This downturn is attributed to the damaging effects of Russian shelling on various industries and heightened uncertainty for businesses.
In January, GDP growth was 1.3%, according to the…
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The EU aims to secure €5B for Ukrainian munitions.
EU officials are developing a strategy to allocate €5B for ammunition, as an agreement on the €40B Ukrainian military aid package remains pending, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas stated in Brussels prior to a European…
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European industrialists state they need to import sugar and chicken from Ukraine.
During a hearing in the European Parliament on the benefits of agricultural trade between Ukraine and the EU, a representative from the Association of European Industrial Sugar Users (CIUS) mentioned that Europe faces a chronic sugar deficit and requires two to three…
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Ukrainian industry and businesses are reviving as they overcome the consequences of Russian aggression.
Rivneazot has fully restored its production of mineral fertilizers and has brought key workshops up to their planned capacity. The loaded ammonia line now has a capacity of 650 tons per day, while unconcentrated nitric acid production reaches 1,000 tons per day. The…
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Every seventh Ukrainian is unemployed.
According to 2024’s results, Ukraine’s average unemployment rate decreased to 14.3%. In 2023 the unemployment rate was 17.4%, in 2022 – 18.5%, the Center for Economic Strategy notes.
“The labor market remained uneven: there were many vacancies, but unemployment still remained high, which…
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Trump: Efforts to end the war in Ukraine are progressing; Moscow, Washington, and Kyiv are arranging new talks.
Commenting on his discussion with the Russian leader, US President Donald Trump noted that both the Kremlin chief and Ukrainian President Volodymyr Zelensky wish for the war to conclude.
“This process is now underway, and we hope, for the sake of humanity, to see it…
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As Russia prepares to confront Europe, the Trump administration is considering relinquishing command of NATO military operations in Europe.
Russia is boosting its defense investments and readying for conflict with Europe, said EC President Ursula von der Leyen.
“And at a time when these threats are increasing, we see our long time partner, the US, shifting its focus to the Indo-Pacific region,” she…
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