During a trip to Kyiv on Monday, German Finance Minister and Vice Chancellor Lars Klingbeil reiterated Germany‘s support for Ukraine amid Russia‘s invasion of its neighbor.
“In the three and a half years that this war has been going on, we…
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Piraeus Bank, in cooperation with multiple IFIs, is expanding access to commercial credit and creating conditions for long-term investments.
As noted by Piraeus Bank, partnerships with global donor and financial institutions such as the DFC, EFSE, EBRD, and EIB enable significant reductions in the cost and risk of lending to small and medium-sized enterprises (SMEs), as well as support for strategic sectors…
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Ukraine’s naval band joins Scots Guards for joint performance
The Ukrainian Naval Band has joined the Band of the Scots Guards for a performance at Buckingham Palace to mark Ukraine’s independence day.
The two bands played in formation at the changing of the guard on Monday, with the Scots Guards wearing their distinctive red tunics and bearskin hats, and…
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The EU views Russia’s “peace proposals” as a trap for Ukraine.
EU High Representative for Foreign Affairs Kaja Kallas has warned against pressuring Ukraine to relinquish territories in exchange for peace. According to her, letting Russia keep Ukrainian lands is “a trap that Putin wants to lead us into”. The diplomat also…
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What is stopping Ukrainian farmers from growing industrial hemp?
In Ukraine, approximately two tons of fiber can be produced from one hectare of hemp. The product sells for roughly the same price in Ukraine as on the global market, but farmers are hesitant to become involved in this business, noted Andriy Mykytiv, co-owner of…
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Investors’ interest in Ukrainian Eurobonds is diminishing after hopes for a diplomatic resolution to end the war fall through.
According to ICU investment experts, diplomatic efforts to halt the conflict are stalling, which negatively impacts overall sentiment toward Ukrainian Eurobonds. Meanwhile, rumors about a possible new proposal by the Ministry of Finance to restructure GDP warrants have…
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Ukraine is reducing the volume of foreign currency bonds in circulation.
The Ministry of Finance is gradually, but steadily, lowering its share of foreign currency bonds. By the end of July, the ministry had redeemed $400M in foreign currency bonds, and last week redeemed another $280M. Although the ministry had planned to issue…
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Kyiv is expanding defense cooperation with Lithuania, Poland, Romania, and Denmark.
As a part of these new partnerships, Kyiv and Vilnius will launch joint ventures, including long-range drone production, development of Ukrainian companies in Lithuania, and technology exchange. Additionally, the main focus of Ukraine’s cooperation with Romania is to…
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Trump claims Gaza war to reach ‘conclusive ending’ in two to three weeks
US President Donald Trump on Monday claimed that the Gaza war will reach a “conclusive ending” in the next two or three weeks, saying that there was a serious “diplomatic push” underway to end the nearly two-year conflict.
“I…
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Ukrainian businesses open new shopping centers and stores, making ambitious plans for the future.
The first two-story Pokrovsky shopping center has opened in the center of Izmail, in the Odesa region. The total area of the shopping center is 5,300 square meters. The shopping center features a unique set of tenants for Izmail, and some of them have appeared in the…
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