The Polish Cement Producers Association (SPC) is asking the EC to restrict imports of Ukrainian cement under the EU trade agreement with Ukraine. The proposed quota for Ukrainian cement is set at 360,000 tons, which reflects the average value from the last three years….
Category: 9. Business
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Ukrainian bank clients will save €70-100M by joining the single euro payments market.
Ukraine’s entry into the SEPA (Single Euro Payments Area) system, assuming the current volumes of international payments are maintained, will enable Ukrainian bank clients to save between €70 and €100M. Experts note that joining SEPA as part of European integration…
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Trump’s conversation with Putin has raised hopes for renewed peace negotiations.
Following a two-hour discussion with the Russian president on Monday, US President Donald Trump announced that negotiations between Moscow and Kyiv would commence “immediately” to end the war in Ukraine.
“Russia and Ukraine will immediately start negotiations…
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Putin is not interested in peace yet because he wants to seize four regions of Ukraine by the end of the year.
Russian dictator Putin is convinced that his troops will break through Ukrainian defenses and take full control of four Ukrainian regions by the year’s end. According to Bloomberg, his confidence suggests he is unlikely to make any significant concessions. Thus, US…
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The EU has approved a €150B rearmament fund aimed at enhancing support for Ukraine.
As reported by Reuters, the EU nations have come to a preliminary agreement on establishing a new credit mechanism for rearmament purposes entitled the Security Action For Europe (SAFE), which is valued at €150B. This initiative was introduced by the European…
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The EU plans to propose reducing the price cap on Russian oil to the G7 nations as part of its 18th sanctions package.
European Commissioner for Economic Affairs Valdis Dombrovskis did not specify the proposed reduction, but may suggest lowering the cap from the current $60 to $50 per barrel. Dombrovskis intends to formally present this proposal during a meeting of G7 finance ministers…
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In Ukraine, the share of NPLs is projected to fall to pre-war levels this year.
In the first three months of 2025, the share of NPLs in the banking sector decreased to 28.6%, which is 1.7 percentage points lower than at the beginning of the year and 8.8 percentage points lower than at the start of 2024 (37.4%). For the first time since 2022, this…
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Ukraine’s subsoil agreement with the US: How many dormant licenses are there in Ukraine, and what resources can be extracted?
As reported by the State Service of Geology and Subsoil, of the special permits for subsoil use issued in Ukraine, 154 are deemed dormant – indicating that less than 1% of the mineral reserves’ balance has been utilized over the past decade. This accounts for under…
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More than a third of Ukrainian bank deposits are held in foreign currency, despite their lower profitability.
According to the NBU, as of April 1 ₴1.392T was held in banks and protected by the Deposit Guarantee Fund (DGF). Since the start of the year, this amount has hardly changed (+₴0.6B). Meanwhile, in 60 banks participating in the DGF, there were 70.4 million deposits…
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Due to the war, Dragon Capital’s real estate portfolio was reduced by 200,000 square meters, with losses amounting to nearly $65M.
The largest investment company in Ukraine currently holds approximately 600,000 square meters in its real estate portfolio, down from its peak of 800,000 square meters, said Tomasz Fiala, the founder and CEO of Dragon Capital. He noted that since 2016, the company had…
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