December 6, 2024

1016th day of Russian invasion

Economy

Ukraine needs to open agro-processing facilities – agrarian policy minister

Ukraine should pursue the active transition to a value-added economy model through the establishment of processing plants, which will enhance the value of its agricultural exports. Ukrainian Agrarian Policy and...

Ukraine strengthens its energy infrastructure as Russian attacks intensify

Kyiv seeks to increase anti-aircraft defenses at strategic points such as electrical substations before the arrival of winter

How will Ukraine’s economy move on after the war is over?

With almost three years into Russia's invasion of Ukraine, business owners and academics discuss how the country's economy may develop post-war.

Ukraine’s EU membership could boost EU economy – Costa

Ukraine could have a positive impact on overcoming vulnerabilities in the competitiveness of the European Union, which were discussed in a plan to stop...

EU will provide Ukraine with €1.5 billion in monthly aid throughout year

Ukraine will receive €1.5 billion monthly in financial assistance from the European Union through 2025. Payments of such tranches will begin in January, states...

Ukraine will receive 52 million euros for the development of transport infrastructure under the EU program

Four Ukrainian projects have received approval for EU funding for the development of the transport system. The funds will be used to modernize the...

Ukraine receives $100 million loan for budget expenses from South Korea

Ukraine has received $100 million as part of a loan from South Korea for budget assistance, the first time the country is providing aid...

Amid Russia War, Ukraine Announces First Wartime Tax Hikes

President Volodymyr Zelenskyy signed into law on Thursday Ukraine’s first war time tax increases as the war against Russia reaches its 34th month. Finance Minister Serhiy Marchenkko...

Ukraine receives $4.8 billion from World Bank

Ukraine has received a $4.8 billion loan from the World Bank through the PEACE project for social expenditures, Prime Minister Denys Shymhal said on...

Germany allocates $ 68 million to restore Ukraine’s energy sector

Germany has announced $68 million in new funding to repair Ukraine’s war-damaged energy infrastructure, bringing its total support through the Energy Community’s fund to $377 million by 2024.

Ukrainian economy was 10.5% below the level of 2021 in 2023

Ukraine needs systemic support for basic industries to recover at least to pre-war levels