Category: 9. Business
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Germany is finalizing a €1.4B military aid package for Ukraine.
Christiane Hoffmann, the deputy spokeswoman for the German government, stated: “Germany continues its broad support to Ukraine, in particular, it is implementing another €1.4B aid package.” She also touched on the $50B loan that was conceived in the summer by the… Continue Reading
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German businesses contemplate their options as the suspension of military reservations threatens companies working in Ukraine.
The suspension of the reservation of Ukrainian workers, despite the millions of dollars invested by German companies to support Ukraine’s economy during the war, threatens the business community and the stability of strategically important industries: retail and… Continue Reading
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Ukraine will settle nonperforming loans, which will help to attract private investment.
The National Bank of Ukraine and the IFC signed an agreement to create an infrastructure for resolving nonperforming loans (NPL) in the Ukrainian banking system. The agreement envisages the creation of a legal framework for NPL settlement companies. There are currently… Continue Reading
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Nova Poshta records high demand for its bonds from institutional investors.
Nova Poshta from the Nova Group, a leading logistics operator in Ukraine, notes a significant demand for its bonds from a wide range of institutional investors, the group’s financial director Petro Fokov said. Nova Poshta conducts closed placement of bonds among a… Continue Reading
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Ukraine expects to receive another $15B from its partners by the end of 2024.
The Ministry of Finance of Ukraine expects to receive more than $15B in foreign aid in the last two months of 2024. During October 21-26, the ministry’s team led by Minister Serhii Marchenko held more than 70 meetings with international financial leaders. “All… Continue Reading
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Ukraine must stop the accumulation of debts in green energy payments because it harms investment.
The situation with debt in the renewable energy market is still critical, so the state should find ways to solve this problem and prevent it from becoming an obstacle to attracting investment in the green generation construction in Ukraine, commented the Ukrainian Wind… Continue Reading
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The price of real estate on the primary market is rising despite low demand.
The key problem of the primary real estate market is the drop in demand: Ukrainians postpone the purchase of housing until victory if there is no extreme need for it. Also, buyers now prefer the secondary market or almost completed housing. Despite this, the price of… Continue Reading
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A threat to the European Peace Facility: EU countries’ positions on bypassing Hungary’s veto are divided.
France and Germany do not support an offered proposal to bypass Hungary’s veto, which would block the allocation of more than €6B in aid to Ukraine. The European External Action Service has proposed allowing member states to contribute voluntarily to the European… Continue Reading
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Moscow still has dangerous combat forces that will enable it to engage in war, and oil revenue will be enough to finance aggression for several years.
The commander of NATO forces in Europe, American General Christopher Cavoli, said that Russia has suffered significant losses in Ukraine but still has “dangerous fighting forces” that are almost unscathed by the war. The general mentioned long-range aviation,… Continue Reading
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NATO offers two options for responding to North Korea sending soldiers to fight in the war against Ukraine.
The NATO states’ potential responses are limited but may include at least two options. “It’s about strengthening support for Ukraine and building a partnership in the Indo-Pacific region,” according to Bloomberg interlocutors. South Korea will present to NATO… Continue Reading