Category: 9. Business

In August, S&P downgraded Ukraine’s long-term and short-term foreign currency credit ratings from CC/C to SD/SD, which indicates selective default. The rating will be upgraded after the debt restructuring agreement is completed. According to financial analysts, 20 years ago, in July 2004,… Continue Reading

A dry port in the Vinnytsia region will help connect the central regions of the country with the ports of Odesa and, through the Mostysk container terminal, with EU countries. It will be a railway terminal that will improve the operational transportation and handling of cargo and, at the same… Continue Reading

Ukrenergo notes that a significant electricity deficit is present for most hours of the day, and the import crossing is almost fully loaded with 1650-1700 MW out of the 1700 MW allowed. 80% of this capacity is imported into Ukraine by businesses that use a government decree that prevents… Continue Reading

Thanks to favorable macro-financial trends, the National Bank of Ukraine has reduced the discount rate from 25% to 13% in one year. However, the NBU does not currently see further prerequisites for lowering the discount rate, according to the Inflation Report. The macro forecast’s base… Continue Reading

The NBU’s basic scenario envisages the preservation of significant volumes of external financing for Ukraine, which, however, will slowly decrease as Ukraine’s ability to fund its budget expenditures with internal resources expands. According to the NBU, Ukraine will receive $38B in… Continue Reading

The creation of a bad asset bank will allow the settlement of current and future problem debts accumulated during the full-scale war, said the head of the Parliamentary Committee on Finances, Danylo Hetmantsev. “Over the past 30 years, the world has accumulated significant positive experience… Continue Reading

Even with a proposed radical tax increase, Ukraine may not fully overcome the fiscal gap that must be closed for effective and timely financing of its military needs. Analysts from RRR4U think tanks have noted that Ukraine is successfully fulfilling all its international obligations that… Continue Reading

The value of shares in leading US and European companies and businesses is rapidly decreasing. First, the reduction concerns assets with a high level of risk. For Ukraine, these events in the financial markets may have delayed consequences in the form of an increase in the value of foreign… Continue Reading

Ukrainian seaports processed 59.9 million tons of cargo in January-July, almost equaling the total figure for last year (approximately 62 million tons). During this time, the ports increased cargo turnover by 74.1% compared to the corresponding period in 2023. In July, the ports increased cargo… Continue Reading

Almost all investors interested in locating production facilities in industrial parks are Ukrainian companies. The share of Ukrainian investors in the total industrial park investment structure is almost 90%. For reasons including high military risks and a lack of effective insurance… Continue Reading