Category: 9. Business

Italian company Gesenu is ready to construct two waste processing plants in Transcarpathia, which will serve 400,000 and 550,000 people, respectively. The Italian government is ready to finance these projects. Investors identified the Uzhgorod and Khust districts as the most promising for the… Continue Reading

Given stable financing for the state’s preferential lending program, eOselya, the share of mortgage sales on the primary market will increase to 40-45%, experts from the DIM group of companies predict. DIM joined with two state programs, eOselya for affordable housing loans and eVidnovlennya,… Continue Reading

Incoming NATO Secretary General Mark Rutte will need all of the coalition-building skills he honed as prime minister of the Netherlands to keep the Western alliance together amid the war in Ukraine, fears about Russia’s next moves, and political uncertainty in the US. On Tuesday, Rutte will… Continue Reading

The European Commission’s initiative to provide Ukraine with a €35B loan, which will be repaid with income from frozen Russian assets, is not supported by some key EU countries. The loan is intended to be part of a $50B package from the G7, but Germany, France, and Italy rejected the… Continue Reading

As noted by the head of the National Bank, Andriy Pyshnyi, the regulator remains largely confident in the forecast it presented in July. “The economy will grow by 3.7% this year. The assumption regarding the electricity deficit for this year is 7%. If there is no new significant destruction,… Continue Reading

The West has received evidence regarding the supply of weapons. By exporting goods to Russia that strengthen its military-industrial complex, Beijing is fueling Putin’s “military machine,” US Secretary of State Anthony Blinken said at a meeting with Chinese Foreign Minister Wang Yi during… Continue Reading

Almost all (10 out of 11) of the NBU’s Monetary Policy Committee members support keeping the discount rate at 13%. The NBU notes that the majority believes that the current rate level provides necessary protection for hryvnia savings against inflation, which is a prerequisite for the currency… Continue Reading

Military supplies for Ukraine for next year are in jeopardy due to some allies’ financial difficulties, and other countries are unwilling to increase their aid contributions. Ukraine is trying to convince its Western allies to fulfill their promises. At the same time, Moscow’s military… Continue Reading

European venture capitalists plan to invest $1B in defense technology by the end of 2024, which is 400% more than in 2018, as a result of Russian aggression in Ukraine. According to Dealroom, venture capital investment in defense technology outpaces any other type of investment in NATO… Continue Reading

Ukrainian farmers can receive €7.6-€13.5B per year within the EU’s Common Agricultural Policy (CAP) framework. This could create a severe fiscal burden on other member states, which is an argument against Ukraine joining the bloc. The Center for Economic Strategy believes that payment… Continue Reading