Defense Minister Rustem Umerov emphasized that the conversation was constructive and meaningful. President Zelenskyy’s primary objective is to achieve lasting and sustainable peace in Ukraine. “We are working to make this a reality,” the minister stated. Advisor to…
Category: 9. Business
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Trump’s national security adviser outlined the stages of the ceasefire.
A ceasefire on the front line will be the final step before signing a peace agreement in the conflict between Russia and Ukraine, with intermediate stages to occur beforehand, stated US President Donald Trump’s national security adviser, Mike Waltz.
The first step…
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Czechia believes the mineral deal with the US will be part of Ukraine’s security guarantees.
Czech President Petr Pavel thinks that Ukraine’s security guarantees will consist of two components: a mineral agreement with the US and guarantees from European countries. “If American businesses are present in Ukraine, we can expect the US to protect those…
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Trump and Ukrainian nuclear power plants: What is the problem with the initiative?
US President Donald Trump has set his sights on the Zaporizhzhia NPP, but there is a nuance to this concept, given that it may take years before there is any hope of a return on investment. This is because six of the ZNPP’s reactors are in a state of cold shutdown, the…
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Kallas remains hopeful about receiving support from EU members for a €40B aid package for Ukraine.
The head of European diplomacy, Kaja Kallas, continues to collaborate with EU member states on her €40B military assistance initiative for Ukraine. “The EU High Representative has proposed a plan to ensure comprehensive support for Ukraine, including military aid,…
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Russia is worried about a repeat of the USSR’s collapse due to declining oil prices.
A few weeks before talks between US President Trump and Russian President Putin, the Russian Central Bank alerted the Kremlin to the possibility of a prolonged drop in oil prices, similar to the one that preceded the USSR’s downfall. Such a scenario, based on the…
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Kyiv has urged the EU to extend the duty-free trade regime to avoid devastating Ukraine’s economy.
Ukraine has warned that the expiration of duty-free trade with the EU on June 5 could result in ”serious damage” to its economy. Kyiv hopes the EU will extend the duty-free trade regime, especially given the uncertainty surrounding long-term US support. However, some…
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Industrial inflation in Ukraine hits 40%, with food products seeing an 18% price increase.
In February 2025, wholesale prices for industrial producers rose by 37% compared to February of the previous year. Domestic prices surged by 40%, while export prices increased by 15.9%, according to the State Statistics Service. Prices for food products, beverages, and…
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Mortgage lending in Ukraine increased by 29% at the start of the year, while the average rate decreased to 8.3% per annum.
According to the NBU, in January of this year Ukrainian banks issued 475 mortgage loans totaling ₴867M ($21M), a 29% increase compared to December 2024. In January, most loans were issued in the secondary real estate market, both in terms of volume and quantity. The…
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The Ukrainian economy will reach its pre-war level in 10 years.
The Finance Committee of the Ukrainian Parliament believes that, considering current economic growth trends, Ukraine’s real GDP in 2025 will be 20% lower than in 2021, excluding temporarily occupied territories or areas where hostilities are ongoing. Therefore,…
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