Category: 9. Business

Ukrainian banks issued 694 mortgage loans for a total amount of ₴1.2B in July, which is ₴200M ($5M) more than in June, the National Bank reports. The volume of consumer mortgage loans issued in July 2024 increased by 18.2% compared to the previous month and by 36.4% compared to July of last… Continue Reading

In May 2024, the EU Council extended the duty-free trade regime for Ukraine until June 2025. Until then, the parties will update the Association Agreement and establish the expected terms of trade before Ukraine joins the EU. The Center for Economic Strategy believes that despite the full-scale… Continue Reading

President Zelenskyy met with Indian Prime Minister Narendra Modi on September 23 in New York, and the leaders and their entourages discussed the path to a peace agreement. Politico writes that a high-ranking Ukrainian official anonymously confirmed that Kyiv has high hopes that India can… Continue Reading

Ukrainian company Energo-Plus Scientific and Production Enterprise, which previously announced its intention to transport a new 60 MW TPP from Turkey and install it in Ukraine, is looking for a private investor to implement this project, company director Yevhen Korf said. “The main problem is… Continue Reading

Deputy Minister of Defense Ivan Gavrylyuk said that “We do not have enough developed capabilities in our defense-industrial complex to win this war with our weapons. For a long time, under corrupt state officials who were under the influence of the Russian Federation, measures were taken to… Continue Reading

In the second quarter, financial services companies and pawnshops showed an increase in the volume of basic types of services, even against a total reduction of assets by 12.3%. Credit unions and life insurance providers face several challenges in offering their services. According to the NBU,… Continue Reading

President Zelenskyy is in New York and meeting with the leaders of Germany, India, and Japan to enhance Kyiv’s military support. With German Chancellor Olaf Scholz, Zelenskyy discussed how to bring a just peace closer. “The main thing is to preserve unity,” noted the Ukrainian leader. He… Continue Reading

President Zelenskyy will press for security guarantees from the US, so that if Donald Trump wins the presidential election, Ukraine will not be forced into an unfavorable peace agreement that would involve relinquishing territories now occupied by Russia. In this way, Zelenskyy wants to… Continue Reading

The G7 countries and other partners have raised more than $4B since the start of Russia’s full-scale invasion to restore Ukraine’s energy infrastructure, US Secretary of State Anthony Blinken said during the G7+ ministerial meeting in New York. Germany, the Netherlands, and other countries… Continue Reading

The Netherlands allocated a new €209.5M aid package to Ukraine to restore critical energy infrastructure. In addition, the Netherlands will contribute €45M to the Energy Support Fund of Ukraine and supply necessary equipment. The Danish government allocated DKK 130M (€16M) to restore… Continue Reading