Economics
Germany
Since Russia invaded Ukraine in 2022, demand for military equipment has boosted the arms industry’s fortunes.
Jun. 15
No surprises as central bank lowers key policy rate from 13.5 percent to 13.0 percent – Ukraine’s higher demands on electricity and energy equipment imports stay within the base scenario.
Jun. 13
US
Russians will still be able to trade in dollars and euros outside of the centralized Moscow Exchange – something which could limit liquidity and lead to higher volatility.
Jun. 13
War in Ukraine
The loan would be secured against the future profits from interest on €300 billion ($325 billion) of Russian central bank assets frozen by Western allies.
Jun. 13
IMF
APCO, which helped former Ministry of Finance advisors during debt restructuring in 2015, established a presence in Kyiv – with an office to be led by Sonya Soutus, who helped USAID in Ukraine.
Jun. 12
War in Ukraine
The European Union proposes sanctions against the Russian oil transportation company Sovcomflot, Bloomberg reports.
Jun. 12
Europe
Ukraine’s GDP will rise if hostilities “continue throughout 2024 and subsequently moderate,” while Russia’s growth is projected to fall.
Jun. 12
Zelensky
Gas-fired peaking generation capacity are the key to restoring energy infrastructure, said Zelensky, who is seeking funds and equipment from shuttered European power plants.
Jun. 11
Economy
A round table dedicated to Ukraine-Japan cooperation at the Ukraine Recovery Conference resulted in signing of 23 memorandums of cooperation – part of a €188 million UN financial aid package.
Jun. 11
Business
Ukraine’s largest state-owned energy companies received substantial financial aid from EBRD to build decentralized energy system after Russian missiles destroyed power-generating capacities.
Jun. 6
IMF
The White paper sets out three priorities for Ukraine to progress simultaneously, along with key challenges facing the nation amidst a protracted war with Russia.
Jun. 6
Economy
Tokyo is looking for ways to expand its help to Kyiv. Trade agreements are obviously a mutually beneficial path, and Ukraine’s agricultural offerings are the most enticing.
Jun. 5
Business
The agro-industrial group reported $16 million profit in the first quarter of 2024 was a third of that in 2023 made worse by the $8 million loss resulting from Russia’s strikes in the Odesa region.
Jun. 5
Business
Ukraine’s largest bank is to offer corporate business loans building on its experience with SMEs and individuals, stretching the nerves of the banking sector which faces tougher competition.
Jun. 4
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Oil prices rose by more than 3% after Russia’s massive strike against Ukraine on Sunday – the largest of its kind since Aug. 26.
Nov. 19