Category: 9. Business

Ukraine and Sweden signed a memorandum of understanding on the establishment of a partnership on energy issues and the green transition in the field of nuclear energy. The memorandum’s purpose is to promote Ukraine and Europe’s energy security, emergency…

Around 100 European companies and lobby groups, including defense giants Airbus and Dassault, issued a joint letter calling on the European Commission to take measures to stimulate the development of technologies produced in Europe in order to become less dependent on…

In 2024, total arms production volume in Ukraine amounted to $10B, which is 200% more than in 2023 and 900% more than in 2022. However, Ukrainian manufacturers are only operating at 30-40% of their capacity. The potential for growth is laid down in the plans for 2025:…

During the last three years of war, construction costs in Kyiv have increased by 16% annually, according to average annual indicators of the indirect cost of housing construction in Ukraine.

It is noted that the increase in the cost of construction work is due to changes…

According to US Secretary of State Marco Rubio, this involves a ceasefire followed by a transition to negotiations.

“Nobody is saying that the second part will be easy, but we can’t even begin until we complete the first,” Rubio stated.

He explained that…

British Prime Minister Keir Starmer, during a virtual meeting of the coalition of the willing, detailed plans for deploying Western peacekeeping forces to Ukraine that would be primarily sourced from the UK and France. It is expected that the final contingent will exceed…

EU member states have made strides toward a new military aid package for Ukraine worth up to €40B, just days before a leaders’ summit later this week. Following a meeting of foreign ministers from the European allies on Monday, the EU’s chief diplomat, Kaja Kallas,…

The EU intends to launch a large-scale initiative to develop its defense industry, aimed at deterring Russia and supporting Ukraine amid a reduction in the US military presence in Europe. A draft of the so-called White Paper on defense was created by European…

Lithuanian Foreign Minister Kęstutis Budris stated that security guarantees must include at least five components to achieve a just and lasting peace in Ukraine.

1. The first element is long-term EU military support for Ukraine, with at least €40B allocated this…

After more than ten years of preparing Ukrainian businesses for integration into the EU internal market, Ukraine is now being advised to shift its exports to “developing countries,” said Deputy Prime Minister for European Integration Olha Stefanishyna. However,…