Category: 9. Business

The EU’s long-term budget programs should consider Ukraine’s future membership in the EU, said the Minister of Foreign Affairs of Ukraine, Andriy Sybiga, at the 20th meeting of Yalta European Strategy. The minister noted that Ukraine needs macro-financial assistance and long-term support… Continue Reading

Despite the full-scale war, Odesa city authorities are actively working to create two industrial parks, said the mayor of Odesa, Gennady Trukhanov. The first park (Odesa Innovation Park) will be located near the Odesa seaport. Among the promising areas for investment are the production of… Continue Reading

During a meeting of the Moldova-Romania-Ukraine Regional Customs Coordination Group on cargo flow optimization organized by EUBAM (the EU Border Assistance Mission to Moldova and Ukraine), the head of Odesa Customs said that in the first eight months of the year, the goods processed through… Continue Reading

According to forecasts, penetration of the primary market by the popular preferential mortgage program eOselya will increase significantly in 2024. According to bankers, the share of housing on the primary market purchased using the state program may reach 12-15% of the total number of issued… Continue Reading

On September 13, the Russian Central Bank raised the key policy rate to 19% per annum for the eighth time. This level has been achieved only once in the last 20 years – in the first weeks of the full-scale invasion of Ukraine, when Moscow fell under pressure from numerous sanctions. The… Continue Reading

The US vice-presidential candidate from the Republican Party, JD Vance, said that Donald Trump’s plan to end the war in Ukraine, among other things, could include the creation of a special demilitarized zone between Ukraine and Russia, similar to the current demarcation line. According to… Continue Reading

According to The Times, the White House plans to allow Ukraine to use Storm Shadow and SCALP missiles for strikes on Russian Federation territory but still refuses to permit the use of its ATACMS missiles to prevent further escalation of the war. Biden plans to discuss the issue with other… Continue Reading

The Biden administration has sent a request to Congress to extend the Presidential Drawdown Authority (PDA) mechanism for providing weapons to Ukraine until 2025 so that the remaining $5.8B will be available after the end of the fiscal year on September 30. “We have $5.8B remaining for… Continue Reading

The IMF Executive Board plans to consider the issue of approving the results of the EFF program’s fifth revision and the allocation of the next tranche to Ukraine within a few weeks, IMF spokeswoman Julia Kozak said at a briefing. In the event of a favorable decision, Ukraine will receive up… Continue Reading

On September 12, Russian forces began a counteroffensive in the Kursk region, which is currently under the control of Ukraine’s Armed Forces. The US Department of Defense confirmed the information about the attempted Russian counteroffensive, calling its scale “insignificant.”… Continue Reading