Category: 9. Business
-
Europe assures Ukraine of further support regardless of the change of power in the US.
European Commission for Foreign Affairs spokesperson, Peter Stano, pledged that, despite Donald Trump’s threat to stop aid to Ukraine, the EU will continue to support the country militarily and financially and will only consider a peace agreement with Russia that… Continue Reading
-
Ukraine plans to reserve part of the $50B G7 loan for its financial needs after 2025.
The G7 initiative for Ukraine that will provide $50B secured by revenues from frozen Russian assets eliminates the state budget deficit for 2025. However, the government plans to keep part of these funds as a reserve for future years, Prime Minister of Ukraine Denys… Continue Reading
-
European leaders urge Trump to support Ukraine and avoid trade wars.
At the European Political Community summit in Budapest, EU leaders urged Donald Trump to maintain support for Ukraine, avoid trade wars, and refrain from disrupting world order during his second US presidency. The head of the EC, Ursula von der Leyen, said the EU must… Continue Reading
-
Rutte: NATO should work on changing the war’s trajectory and increasing the price of aggression for Russia.
NATO Secretary General Mark Rutte stressed the urgent need to step up action to change the trajectory of Russia’s war against Ukraine, citing the recent deployment of North Korean troops in Russia’s Kursk region, as Europe and the world now face a threat “much… Continue Reading
-
Ukraine needs 4.5 million additional workers for GDP growth, while eight million people are economically inactive.
According to a study by the International Labor Organization, Ukraine needs 8.6 million additional workers to enable GDP growth. At the same time, according to the Ministry of Economy, Ukraine only needs half this number, 4.5 million. Deputy Minister of Economy of… Continue Reading
-
An insurance broker predicts the opening of Ukraine’s skies in early 2025.
Flights from the Ukrainian airports, either Boryspil near Kyiv or in Lviv, may resume in January 2025, said a senior partner at insurance broker Marsh McLennan Crispin Ellison at the Kyiv International Economic Forum. “We have five or six airlines that would like to… Continue Reading
-
Concorde Capital will compete with DTEK and is building a $1B energy company.
Investment company Concorde Capital is working build an energy company worth $1B, company founder Ihor Mazepa said. Concorde Capital and its partners, including the American DFC, have invested €32M in creating an energy company that will provide energy storage services… Continue Reading
-
The World Bank sees enormous opportunity in Ukraine: Subject to reforms, the private sector can finance approximately 33% of recovery.
There are a considerable number of opportunities in Ukraine despite the full-scale war, said Lisa Kastner, a senior official of the International Finance Corporation of the World Bank Group, at the Kyiv International Economic Forum. She is sure that there are more… Continue Reading
-
In Ukraine, the connection of biomethane producers to gas distribution systems has been simplified to promote exports.
The National Commission for Regulation of the Energy Market of Ukraine has simplified the technical requirements for connecting biomethane production facilities to gas distribution systems. A newly approved resolution establishes the procedure for submitting and… Continue Reading
-
A golden age and peace through strength: Donald Trump returns to the White House.
Republican Donald Trump won the US presidential election. He announced his political victory and declared himself the 47th president of the United States during a speech to his supporters. Trump has promised that his new presidential term will be a “golden era” in US… Continue Reading