Latest
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
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
Putin
Just like his decree that Russia should build 1,000 aircraft by 2030, his May 7 ruling that life expectancy should increase by five years in the same period is already failing.
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
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
Business
Ukraine’s largest agricultural, maritime logistics company and shipbuilder is transforming a year after its founder was killed by a Russian missile – investigators say it was a murder.
Jul. 18
US
Ukraine should prepare for money to become more expensive until the war ends. Partners should slam Russia with sanctions without giving Moscow time to adapt, economist Yuriy Gorodnichenko says.
Jul. 16
War in Ukraine
New debt conditions set by Eurobond holders aren’t appropriate for a country at war – analysts suggest bonds backed by Western guarantees or proposals mirroring the EU Facility Program as alternatives
Jul. 12
Business
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
EU
Ukrainian oligarch Igor Kolomoisky’s partner, Gennady Bogolyubov, allegedly fled the country to avoid potential prosecution in the Privatbank criminal embezzlement case – spokesperson denies this.
Jul. 10
EU
In the first deal for Ukraine’s banking sector after the invasion, the Dutch invested €4.5 million in capital to purchase shares of a Ukrainian Swiss and Iceland-owned bank operating in Ukraine.
Jul. 9
EU
Entrepreneurs in Ukraine can now manage their licenses online and complain in cases of license law violations, pay for administrative services and report on occupational health in the workplace.
Jul. 9
EU
Ukraine is in a default situation, but (as yet) without a default credit rating – creditors, the Ministry of Finance, and the IMF are willing to progress negotiations.
Jul. 5
In an exclusive interview with Kyiv Post, Latvia’s former Finance Minister Vjačeslavs Dombrovskis noted his country’s support for Ukraine and the similar past – maybe future – between the two.
Nov. 16