Category: 9. Business
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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
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Ukraine and Denmark will introduce an investment acceleration mechanism.
The Ukrainian Ministry of Economy, following the Danish-Ukrainian Business Forum, reported: “Ukraine needs to increase private investment for the rapid recovery of our economy. Today, we signed a memorandum that provides for the launch of a fast-track mechanism between… Continue Reading
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The NATO Parliamentary Assembly urges member countries to provide Ukraine with missiles possessing ranges of 1,000-5,500 kilometers and admission to the Alliance.
The NATO Parliamentary Assembly adopted a resolution calling on the governments of the Alliance member states to provide Ukraine with medium-range missiles as a deterrent and weapon of self-defense. These include cruise missiles with a range of 1,000-5,500 kilometers,… Continue Reading
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Russia plans to use Kursk as a bargaining chip, and the Ukrainian Armed Forces prepare for large-scale battles.
Russia wants to reclaim the Kursk region prior to Donald Trump’s inauguration in order to deprive Kyiv of an essential piece of leverage in peace talks. Ukrainian fighters are facing intense attacks from the Russians, who launched a counteroffensive about six weeks ago… Continue Reading
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Trump is preparing a sweeping plan to strengthen the US’ role in the global hydrocarbon market.
Donald Trump’s transition team is preparing a package of large-scale energy measures that will be presented within days of his inauguration. The package will include approving export permits for new liquefied natural gas (LNG) projects and increasing and accelerating… Continue Reading
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Borrell: The EU has failed to provide Ukraine with everything it needs to counter Russia.
EU has struggled to make progress this year on a fair settlement of the war against Ukraine, said EU High Representative Josep Borrell. He recalled that this year, the EU had allocated €122B in aid to Ukraine, including €45B in military support. In addition, the bloc… Continue Reading
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Europe is again backing down on sending troops to Ukraine, reversing its position.
Recently, Le Monde published an article stating that discussions had resumed in Europe about sending troops to Ukraine, primarily from the UK and France. Against this background, the British Foreign Secretary hastened to state that his country is not currently… Continue Reading
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The hryvnia continues to weaken under the National Bank’s control.
Last week, the National Bank kept the intervention volume below this year’s average weekly figure. It allowed the hryvnia exchange rate to weaken slightly. The market’s total foreign exchange deficit decreased last week. Net foreign exchange purchases decreased to… Continue Reading
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Despite the war, the West trades titanium with Russia; interdependence does not allow ties to be severed.
In the first seven months of 2024, Russian titanium exports amounted to over $120M, with 33% of supplies going to France and the rest being shipped to the UAE, Turkey, Azerbaijan, Estonia, and Singapore. At the same time, Russian imports of titanium raw materials reached… Continue Reading
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The US has provided another $40M in lending guarantees for Ukrainian businesses.
The US Development Finance Corporation (DFC) and USAID have signed an agreement with Lviv Bank to provide $40M in portfolio guarantees. The agreement enables Ukrainian entrepreneurs to receive loans on favorable terms with minimal collateral requirements. This is the… Continue Reading