Economics
Ukraine
Ukraine’s largest offline retailer Knyharnya Ye sees it as a sign Ukrainians do not want to give up connections with Ukrainian culture abroad.
Aug. 13
Ukraine
The 2024 half-year results for land market deals show companies are more reluctant to buy land than before the war, and the market is showing first signs of seasonality.
Aug. 11
Ukraine
The Ministry of Finance plans to raise taxes for defense spending, emphasizing taxpayers’ responsibility. Entrepreneurs show little support, but analysts advise: “get rid of rose-tinted glasses.”
Aug. 10
Ukraine
Total losses from Russian attacks amount to $56.5 billion, including $16.1 billion in direct damages and $40.4 billion in unearned revenues, repairs, and debris removal.
Aug. 8
Ukraine
S&P's decision follows the July 24 decision by Fitch -- another top US ratings agency -- to downgrade Ukraine's credit rating to "C" from "CC," leaving it just one notch above default.
Aug. 3
Ukraine
Ukraine’s top ten most successful manufacturers list for 2023 is made of heavy industry that reduced net losses despite the war: food industry, defense and agricultural enterprises.
Jul. 30
The central bank paused interest rate decrease while investors remained calm after debt restructuring negotiations – hryvnia depreciated.
Jul. 30
Ukraine
Ukraine’s central bank kept the key rate at 13 percent while inflation rose to 4.8 percent in June, with yields of hryvnia deposit and domestic debt securities falling.
Jul. 25
War in Ukraine
G7 and EU leaders agreed in June to use interest from frozen Russian assets to support a $50 billion loan for Ukraine to defend against Moscow's invasion.
Jul. 25
Ukraine
Considering the amount of cash saved, Ukraine’s private creditors rank third in terms of the volume of financial support to Ukraine since Russia invaded the country.
Jul. 24
Top News
Russia's facing a quagmire: Let up on government spending, triggering cuts that could hurt Putin's popularity, or keep printing rubles, seeking to "bail out" the economy, but creating wider inflation?
Jul. 22
Ukraine
Thanks to the agreement, Ukraine expects to save $11.4 billion pivotal for its defense over the next three years.
Jul. 22
Economy
A Russian media outlet quoted an economist stating Ukraine will lower the price of land in the new debt agreement – which simply cannot happen due to the nature of a bond in any country.
Jul. 21
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Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
Jul. 10