Under favorable economic conditions, rates on auto loans, loans for small and medium-sized businesses, and mortgages may align with the 2024 level: They are expected to decrease by an average of one percentage point to 17-18% per annum, noted Serhiy Mamedov, VP of the…
Category: 9. Business
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The EC has approved a plan to completely abandon Russian gas and oil.
The European Commission has approved a legislative proposal that outlines a gradual phase-out of Russian gas and oil imports into the EU by the end of 2027, with the goal of enhancing the bloc’s energy independence and competitiveness. The regulation entails a gradual…
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A new housing initiative for internally displaced persons is being developed in Ukraine.
Ukrainian government representatives and the World Bank have discussed a new housing support program for internally displaced individuals. Presently, the HOPE housing repair project, jointly undertaken with the World Bank, is a key component of the government’s housing…
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Ukraine has already received nearly $18B in loans and grants from its international partners.
In the first five months of 2025, Ukraine received close to $18B in foreign aid through concessional loans and grants, according to an NBU report. By the end of the year, this amount could rise to $55B, primarily due to the expedited receipt of aid tranches under the ERA…
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How does the Ukrainian labor market look in the fourth year of the war?
At present, more than 70% of Ukrainian businesses are experiencing a notable personnel shortage. Contributing factors include not just the mobilization of conscripts but also internal migration and the labor outflow abroad. Analysts indicate that this gap is driving…
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Austria’s president publicly urges Putin to engage in serious peace negotiations.
“I appeal once again to those in power in the Kremlin to end this illegal war and start serious, honest negotiations. Mr. President Zelenskyy has assured us once again today that Ukraine is ready for this,” Austrian President Alexander van der Bellen emphasized on…
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How will the conflict between Israel and Iran affect Russia’s military capabilities in its war against Ukraine?
Analysts from the ISW believe that Russia may leverage the rise in oil prices following Israel’s strikes on Iran to sustain a prolonged conflict in Ukraine. Oil and gas revenues make up about 30% of Russia’s budget, playing a crucial role in financing its activities….
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The G7 summit in Canada is underway, amidst rising tensions in the Middle East and controversies over Trump’s tariffs.
War in Ukraine will be discussed on June 17, with Ukrainian President Volodymyr Zelenskyy set to meet with US President Donald Trump, as confirmed by a White House official to Axios. The two leaders last met during Pope Francis’s funeral in April. This G7 summit…
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Ukraine has invited Poland to join the SME Alliance and participate in the country’s rebuilding efforts.
At a meeting in Kyiv, Ukraine’s Minister of Economy, Yulia Svyrydenko, discussed the opportunities that are currently available to investors with the Polish delegation led by Poland’s Minister of Development, Krzysztof Paszyk.
“More than 3,000 Polish companies are…
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The NBU will resume reductions in the key policy rate in the second half of the year.
Members of the Monetary Policy Committee of the National Bank are considering the possibility of easing the interest rate policy in the second half of 2025. However, given the balance of risks, they are inclined to take more cautious steps than previously expected,…
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