economy

‘Close to stagnation’: EBRD sharply downgrades Ukraine’s economic outlook in just three months

The European Bank for Reconstruction and Development cut its forecast for Ukraine’s real GDP growth in 2026 to 1.5%, citing Russian strikes on ports and vessels in the Black Sea, Interfax-Ukraine reported on Sept. 24.

24 September, 06:24 PM

Trump slams Fed chair he appointed over interest rate hike

President Donald Trump leveled his harshest criticism to date at Federal Reserve Chair Kevin Warsh, whom he appointed to the post himself, after the Fed raised its interest rate despite the president's demands to lower borrowing costs, Reuters reported on Sept. 16.

17 September, 03:56 PM

Ukraine ranks among world's top 40 countries with largest public debt

Ukraine's public debt is estimated at about $276 billion, or 122.6% of projected GDP in 2026, according to the International Monetary Fund on Aug. 28.

28 August, 05:37 PM

Ukraine plans preferential recovery loans for large businesses hit by Russian strikes

Large businesses continue to complain that they cannot access Ukraine's state-backed 5-7-9% loan program, while the Economy and Environment Ministry plans to offer them loans at 10% annual interest, Interfax-Ukraine reported on Aug. 12.

12 August, 02:39 PM

Russia to sell 30.4% state stake in Sheremetyevo Airport as finances come under pressure

Vladimir Putin has cleared the sale of the government's 30.4% stake in Sheremetyevo, Russia's largest airport, as Moscow seeks to bolster state finances strained by the war, Reuters reported on Aug. 7.

7 August, 07:16 PM

Russian marketplace Ozon moves high-value goods amid logistics security concerns

Ozon, Russia’s second-largest e-commerce marketplace by sales, has begun moving expensive goods from warehouses to pickup points amid Ukrainian strikes on rival Wildberries’ logistics infrastructure, The Moscow Times reported, citing industry Telegram channels.

3 August, 07:24 PM

KPMG M&A Radar Ukraine: H1 2026: capital finds its way

According to KPMG’s M&A Radar H1 2026, Ukraine’s M&A market has continued to maintain stability in the first half of 2026.

22 July, 01:05 AM

Russia's economy is under depressive pressure – Sberbank CEO

Russia's economy is already overheating in reverse, with high interest rates exerting further pressure and investment falling sharply, Sberbank CEO Herman Gref said, arguing the central bank's monetary policy has reached a dead end, Interfax reported on June 30.

30 June, 03:08 PM

European researchers warn of structural strain in Russian economy

Russia's economy is showing clear signs of structural exhaustion more than four years into its full-scale war against Ukraine, with liquid assets in its National Wealth Fund shrinking by more than threefold and oil and gas revenues nearly halving, according to a study cited by Deutsche Welle on June 11.

11 June, 04:39 PM

Ukraine’s economy resumes growth, PM says

Ukraine's economy began growing in April after contracting in Q1 2026, Prime Minister Yulia Svyrydenko said in a Telegram post on May 19.

19 May, 09:36 PM

Ukraine obtained Russian documents assessing wartime losses

Ukraine’s Foreign Intelligence Service has obtained new Russian documents assessing the losses suffered by Russia because of the war, President Volodymyr Zelenskyy said on May 18.

18 May, 06:00 PM

Inflation in Ukraine will be significantly higher than expected — NBU

Ukraine’s year-end inflation forecast has risen to 9.4% from 7.5% projected in January, while inflation is expected to slow to 6.5% next year and 5% in 2028, National Bank Council member Vasyl Furman said on May 13.

13 May, 11:39 AM

White House stays silent on Russian strikes against U.S. firms in Ukraine

Russian strikes on facilities linked to U.S. companies in Ukraine have become systematic, while the administration of U.S. President Donald Trump has largely avoided responding publicly to the attacks, The New York Times reported on May 12.

12 May, 03:30 PM

Russia’s budget deficit grows despite higher oil prices

Russia’s federal budget deficit continued to widen despite rising oil prices linked to tensions in the Middle East, exceeding the country’s full-year target by 50% in the first four months of the year, The Moscow Times reported on May 11.

11 May, 03:19 PM

UniCredit moves to exit Russia with sale of local unit

UniCredit said it had signed a nonbinding preliminary agreement to sell part of its Russian subsidiary to a private investor in the United Arab Emirates, according to a statement released by the Italian banking group on May 7.

7 May, 12:18 PM

Ukraine’s top steelmaker posts billion losses after losing European market

Ukraine’s largest steelmaker ArcelorMittal Kryvyi Rih increased its net loss by 50% year on year to 4.6 billion hryvnias in the first quarter, CEO Mauro Longobardo said, according to dmkd.dp.ua on Apr. 29.

29 April, 01:49 PM

Russian savings now main funding source as sanctions bite

Household savings have become the main source of financing for Russia’s economy as sanctions shut Western capital markets to domestic companies, central bank chief Elvira Nabiullina said, The Moscow Times reported on Apr. 29.

29 April, 11:39 AM

China builds new economic empire in occupied Ukraine — NV analysis

China is conducting an invisible but relentless economic expansion into the Russian-occupied oblasts of eastern and southern Ukraine, economic researchers recently told NV.

18 March, 11:35 AM

Russia sees falling profits and frozen investment from largest firms

More than half of Russia’s large companies ended 2025 with falling profits, scaled back or froze investment projects, and many are preparing layoffs, The Moscow Times reported on Feb. 23.

23 February, 11:54 AM

China-Russia trade falls for first time in five years

Chinese trade with Russia declined in 2025 from the record level set in 2024, marking the first annual drop in five years, Reuters reported on Jan. 14.

14 January, 02:23 PM

economy

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