Category: 9. Business

The International Finance Corporation (IFC), part of the World Bank Group, will invest in Ukrainian insurance companies for the first time, NBU Chairman Pyshny stated. “This is an important message for Ukrainian insurers and international companies considering…

The EU plans to use €140B in frozen Russian state assets to fund a reparations loan for Ukraine. Most of these frozen assets are held in the Euroclear depository in Belgium, but another €25B is held in private bank accounts across Europe. Consequently, the European…

Approximately four million hectares of land are cultivated outside legal boundaries in Ukraine, leading to losses of approximately ₴24B ($570M) each year, said Deputy Minister of Economy Denys Bashlyk. This figure does not account for potential unpaid taxes or losses…

WEAGROBANK is designed to provide micro, small, and medium-sized agricultural enterprises with fast and easy access to banking services, all within a single digital platform. It will simplify financial management, reduce reliance on bureaucratic procedures, and make banking accessible even in…

US president Donald Trump spoke with Russian President Vladimir Putin the day before his White House meeting with Ukrainian President Volodymyr Zelenskyy, who has pressed the US leader to sell Ukraine long-range Tomahawk missiles that can reach deeper into Russian…

US President Donald Trump said Ukraine wants to take the military initiative and plans to discuss this with President Zelenskyy today and decide on the next steps. The US President also urged President Vladimir Putin to “stop killing Ukrainians and Russians” and had…

According to ICU, if this decision is approved Ukraine will receive much-needed guarantees that its fiscal needs will be fully met even in the event of the unfavorable scenario of a prolonged war. Additionally, with the loan the National Bank will be able to fully manage…

During the eighth meeting of the Ministerial Roundtable in Washington, Ukrainian Finance Minister Serhiy Marchenko highlighted the need to establish new formats of cooperation and a mechanism for securing frozen Russian assets now, to ensure a balanced budget next year…

The slowdown in the country’s economic growth to 0.7% annually, noted the National Bank, is mainly due to seasonal factors, based on revised data from the State Statistics Service. “The actual growth rate of real GDP was lower than the NBU estimate published in the…

US President Donald Trump has already directed Treasury Secretary Scott Bessent to discuss this plan with his European colleagues in order to obtain their support before President Zelenskyy’s visit to Washington on Friday October 17. Specifically, there is a plan to…