Category: 9. Business

Europe has struggled to eliminate its dependence on Russian liquefied natural gas. In July, the Russian Federation almost became the region’s largest supplier after a reduction in supplies from the US following their redirection to Asia. Although the EU makes it difficult for the Russian… Continue Reading

Ukraine will guarantee the transit of oil from companies that are not subject to sanctions and is ready to settle the transit issue with Slovakia in accordance with the Association Agreement with the EU, Deputy Minister of Energy Roman Andarak said. At the end of June, Ukraine introduced… Continue Reading

The Government of Belgium and the United Nations Development Program (UNDP) concluded a €9M financial agreement, which will be directed to repairing Ukraine’s damaged energy infrastructure. Partnership efforts will be focused on solving energy problems in Kyiv, Kharkiv, and Odesa. Through… Continue Reading

During her last visit to Kyiv as the US Special Representative for Ukraine’s Economic Recovery, Penny Pritzker evaluated the concept of Ukraine’s economic recovery and announced five components of its successful implementation. According to her, first, it is necessary to form a list of… Continue Reading

Penny Pritzker, the US special representative, answered a question about the economic sectors that are ready for investment now: “Ukraine’s agriculture feeds 400 million people in the world and can feed 600M. These are huge opportunities, and now that the Black Sea is functioning, you see a… Continue Reading

The American private sector looks at Ukraine’s economic future optimistically and realistically. Optimism is based on GDP growth, tax revenue, and the creation of new jobs, said US Special Representative for the Economic Recovery of Ukraine, Penny Pritzker. According to her, despite the war… Continue Reading

According to Finance Minister Serhiy Marchenko, Ukraine and the International Monetary Fund (IMF) estimate the country’s additional financial need for 2025 from Western partners at between $12B and $15B. He recalled that during the preparation of the current program with the IMF, one of the… Continue Reading

According to Minister of Finance Serhii Marchenko, this strictly depends on the how the parliament plans to secure an additional ₴120B in revenue by the end of 2024. The Ministry of Finance has proposed an increase in the military levy for this purpose, but there are calls in the parliament… Continue Reading

In private conversations, EU diplomats have expressed irritation at Hungary and Slovakia’s intentions to use EU procedures to maintain their access to cheap Russian oil, contrary to the bloc’s general policy, writes Politico. Several diplomats are angry, saying it is not their problem…. Continue Reading

said Andriy Ozeychuk, director of the engineering and construction company, Rauta. “Despite the risks of war, the owners of most of the destroyed commercial properties are investing in their reconstruction to restart their businesses, which allows companies to continue to operate efficiently…. Continue Reading