Despite the benefits of wind energy, its development in Ukraine remains limited by tax pressures, said Volodymyr Omelchenko, Director of Energy Programs at the Razumkov Center, stressing the need to exempt imported equipment for wind farms from VAT and import duties. He…
Category: 9. Business
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The EU is preparing its most punishing package of sanctions against Russia.
French Foreign Minister Jean-Noel Barrot said before a meeting of EU foreign ministers that the EU is discussing what is likely to be the strongest sanctions enacted against Russia since 2022 in response to its “unrelenting cruelty.” He added that Russia is…
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Norway is investing part of the €580M earmarked for Ukraine to produce naval drones.
The country has designated about NRK 6.7B (€580M) to support the maritime coalition it leads together with the UK. Some of these funds will go toward developing and producing unmanned naval vessels, utilizing the technology and expertise of the Norwegian company…
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France is establishing another €200M fund to support Ukraine’s reconstruction and European integration.
This fund aims to back projects in Ukraine related to rebuilding and connecting with the European market. The success of a previous grant agreement, signed last year, was driven by strong interest from French businesses. Applications for funding exceeded expectations…
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DTEK and Octopus Energy Group launch a €100M program to install solar power systems for businesses.
Ukrainian private energy company DTEK and London-based global clean energy technology firm Octopus Energy Group are rolling out a new program, RISE, to install rooftop solar panels and energy storage solutions for Ukrainian businesses and public sector institutions. RISE…
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Ukrainians have changed their approach to buying apartments – real estate investments have become a “safety cushion”.
In the realities of the war, a new type of buyer has emerged in the real estate market: Ukrainians from the east are buying housing in western Ukraine and leaving the apartments empty, in the event it becomes dangerous in their hometown, they will be able to take their…
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The US attacked three nuclear facilities in Iran, forcing oil prices to soar to $100 per barrel, but this will not benefit Russia.
US President Donald Trump stated that on the night of June 22, US aircraft targeted three nuclear sites in Iran – in Fordow, Natanz, and Isfahan. He specified that the operation was intended to eliminate the threat posed by Iran’s nuclear capabilities. These…
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Ukraine plans to produce its weapons in other countries, aims to export technology, and forecasts $43B in domestic defense industry investment.
In an interview, President Zelenskyy said that Ukraine is negotiating the initiation of defense production abroad. Notably, there are already agreements in place with Denmark, Norway, Germany, Britain, and Lithuania. Formal agreements on the controlled export of…
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Putin has once again set ultimatums aimed at ending the war but his initial goal is to continue annexing Ukrainian territories.
The Russian dictator outlined the conditions that Ukraine must meet to halt the aggression: “Kyiv must agree to a neutral status, refrain from engaging in any foreign alliances, renounce any ambitions for nuclear weapons, and recognize the outcomes of referendums…
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The EU is preparing a plan to generate more profit from frozen Russian assets in support of Ukraine.
The European Union is considering transferring frozen Russian state assets (almost €200B) from Euroclear in Belgium to a “specialized organization” under the auspices of the EU. The main advantage of quickly creating a new fund is that the assets can be directed to…
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