The Ukrainian government, along with the European Commission, are working to adopt new trade terms that will come into effect after June 5. Otherwise, the provisions of the Association Agreement will be reinstated “by default,” which poses a risk of a significant…
Category: 9. Business
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Trump will soon share the specifics of ceasefire talks in Ukraine.
US President Donald Trump promised that he would soon provide detailed information regarding the ceasefire situation in Ukraine. According to him, the US administration has held a series of successful meetings with representatives from both Ukraine and Russia in recent…
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Ceasefire talks among the US, Ukraine, Britain, and France are taking place in London.
This meeting was announced by President Zelenskyy on April 21, following a conversation with British Prime Minister Keir Starmer. Secretary of State Marco Rubio and Special Envoys Steve Witkoff and Keith Kellogg will represent the US at the talks. These discussions will…
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Ukraine’s real GDP growth in the first quarter was 1.1%.
The IER reports that in March, due to better access to electricity and the gradual recovery of demand, Ukraine’s economic situation improved slightly – real GDP growth was 1.3%. In contrast, in previous months the figures were lower: January – 1.2% and February –…
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This year, the number of hotel rooms in Ukraine will increase by 1,400 rooms.
According to EY Ukraine, the largest hotels that are scheduled for commissioning in 2025 are located in the safer regions of western Ukraine. Specifically, the Ivano-Frankivsk region will see the most significant increase in hotel stock, with about 600 new rooms,…
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The IMF has downgraded its global economic growth forecast but expects a moderate recovery for Ukraine.
According to the IMF’s World Economic Outlook (WEO), global economic growth will slow in the coming years. This year, global GDP is projected to grow by only 2.8% and by 3% in 2026. For comparison, 2024’s figure was 3.3%, while the average growth rate from 2000 to…
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One of Europe’s largest manufacturers of window and door hardware continues to invest in its Dnipro factory.
AXOR Industry’s total investment in launching, expanding, and developing its factory that produces window and door hardware in Dnipro has reached €40M.
According to Minister of Economy Yulia Svyrydenko, “In 2011, AXOR built a factory – at that time, the initial…
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Europe will boost its investment in the Ukrainian defense industry rather than provide direct arms supplies.
The European military assistance program for Ukraine aims to increase investment in Ukraine’s domestic weapons production. Currently, more countries are exploring the option of investing in the Ukrainian defense industry instead of supplying weapons directly, as…
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Europe can replace US aid to Ukraine by increasing its contributions by just 0.2% of GDP.
To achieve this would only require EU countries to increase their contributions by 0.21% of their combined annual GDP – from €44B to €82B, said Christoph Trebesch, an expert at the Kiel Institute for the World Economy. This increase in financial participation would…
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Ukraine’s permanent representative to the UN calls on Merz to transfer 150 Taurus missiles and 30% of German aviation to Ukraine.
Former Ambassador of Ukraine to Germany and now Permanent Representative of Ukraine to the UN Andriy Melnyk has urged future German Chancellor Friedrich Merz to enhance his country’s assistance to Kyiv.
According to Melnyk, the new German government can achieve a…
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