Ukraine has warned that the expiration of duty-free trade with the EU on June 5 could result in ”serious damage” to its economy. Kyiv hopes the EU will extend the duty-free trade regime, especially given the uncertainty surrounding long-term US support. However, some…
Category: 9. Business
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Industrial inflation in Ukraine hits 40%, with food products seeing an 18% price increase.
In February 2025, wholesale prices for industrial producers rose by 37% compared to February of the previous year. Domestic prices surged by 40%, while export prices increased by 15.9%, according to the State Statistics Service. Prices for food products, beverages, and…
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Mortgage lending in Ukraine increased by 29% at the start of the year, while the average rate decreased to 8.3% per annum.
According to the NBU, in January of this year Ukrainian banks issued 475 mortgage loans totaling ₴867M ($21M), a 29% increase compared to December 2024. In January, most loans were issued in the secondary real estate market, both in terms of volume and quantity. The…
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The Ukrainian economy will reach its pre-war level in 10 years.
The Finance Committee of the Ukrainian Parliament believes that, considering current economic growth trends, Ukraine’s real GDP in 2025 will be 20% lower than in 2021, excluding temporarily occupied territories or areas where hostilities are ongoing. Therefore,…
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How much industrial hemp will be grown in Ukraine in 2025?
Experts claim that, following the adoption of relevant legislation, the area planted with technical hemp in Ukraine could expand from the current 3,000 hectares in the Sumy, Zhytomyr, and Chernihiv regions to as much as 8,000 hectares. “To establish a hemp production…
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Trump states that the framework for a peace agreement has already been established and that the US aims to finalize an agreement by April 20.
US President Donald Trump noted that the US, Ukraine, and Russia have seemingly outlined the preliminary conditions for an agreement to end the war. He also emphasized the importance of ongoing support for Ukraine. According to Trump, a ceasefire could be reached very…
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In Riyadh, Ukraine and the US discuss the protection of energy facilities and critical infrastructure; indirect talks between Ukraine and Russia are planned.
According to Defense Minister Rustem Umerov, proposals regarding the protection of energy facilities and critical infrastructure were on the agenda in Saudi Arabia on March 23. On March 24, Ukraine and the US may hold further talks, contingent on the outcome of…
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Witkoff: The status of the occupied territories is the primary issue in resolving the war in Ukraine.
The US President’s Special Envoy to the Middle East, Stephen Witkoff, referred to Ukraine’s occupied territories as Russian-speaking regions and proposed conducting a so-called referendum. “I believe the most significant problem in this conflict involves several…
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France and Italy have blocked EU approval of €5B in aid for Ukraine.
During a Brussels summit, the EU was not able to reach an agreement on the allocation of €5B for Ukraine’s ammunition supplies this year, as EU members, including France and Italy, were hesitant to commit to specific financial amounts. However, following the summit…
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The EU discusses the deployment of two peacekeeping missions in Ukraine following the war.
One of these missions could operate under the auspices of the UN and involve soldiers from India, Brazil, Indonesia, and Saudi Arabia, who would be stationed along the Russian-Ukrainian border. The second mission could include soldiers from the UK, France, Germany,…
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