economy

UN predicts Ukrainian economic outlook for 2024

In 2023, Ukraine's economy grew by 5.3%, but in 2024, UN economists predict moderate growth, according to the World Economic Situation and Prospects 2024 report, released by the UN Department of Economic and Social Affairs (DESA) on May 16.

18 May 2024, 06:02 PM

EBRD predicts Ukraine's GDP to grow by 3% in 2024, rise to 6% in 2025

Ukraine's GDP growth is expected to slow to 3% in 2024 from 5.3% in 2023 but will pick up to 6% in 2025, according to a report by the European Bank for Reconstruction and Development (EBRD) released on May 15.

15 May 2024, 02:19 PM

Ukrainian General names essential steps to prepare Ukraine’s successful counteroffensive in 2025

Maj. Gen. Serhiy Kryvonos, of the Ukrainian Armed Forces, detailed the upcoming steps to reignite Kyiv’s counteroffensive in a recent interview with Radio NV on May 10.

12 May 2024, 11:42 AM

Russia's oil and gas industry faces severe labor shortage amid war efforts

Russia's oil and gas industry is grappling with a severe labor shortage as the nation's economy shifts to a war footing, according to a report by Bloomberg on May 6.

6 May 2024, 06:26 PM

Ukraine's economy: bumpy road in 2024, speeding up ahead — NBU report

The Ukrainian National Bank's inflation report on May 2 suggests that while the growth of Ukraine's economy in 2024 will be tempered, it will pick up pace in the following years.

4 May 2024, 03:11 PM

Ukraine's exports surge to record high since onset of Russia’s full-scale war

Ukraine exported in April a record volume of products since the beginning of the full-scale war, Minister of Economy of Ukraine Yulia Svyrydenko said on May 1.

3 May 2024, 08:37 PM

Frozen Russian assets may help Ukraine wage war four more years - Reuters

Confiscation of Russian assets abroad worth about $320 billion will help finance Ukraine's defense until the end of 2028, Reuters reported on April 29.

29 April 2024, 01:29 PM

IMF forecasts slowdown in Ukraine's GDP growth

The International Monetary Fund (IMF) has updated its projections for Ukraine's GDP growth in 2024 in its World Economic Outlook report published on April 16.

16 April 2024, 09:18 PM

192 business bankruptcies in Ukraine amid global economic slowdown during Q1 2024

In the first quarter of 2024, 192 Ukrainian businesses received bankruptcy judgments, the State Statistics Service reports.

16 April 2024, 11:10 AM

Danish businesses to receive $43 million to support operations in Ukraine

Denmark will provide Danish companies with DKK 300 million ($43 million) to encourage investment in projects in Ukraine, Danish Business Minister Morten Bødskov announced on April 15.

16 April 2024, 02:02 AM

Ukrainian parliament advances overhaul of Economic Security Bureau

Ukrainian Parliament has passed in the first reading the bill on rebooting the Economic Security Bureau No. 10439, opposition Holos party MP Yaroslav Zheleznyak reported on Telegram on April 11.

11 April 2024, 04:44 PM

Kyiv Security Forum analyzes Russia’s strategy of sustaining the war despite billions in losses

Russia lost $67 billion in oil and gas revenues in 2023 due to Western sanctions, which is 62% of their spendings on the war, however, there was no complete collapse of Russian economy, according to Kyiv Security Forum study published on April 4.

7 April 2024, 11:48 AM

Worker shortage hits Ukraine: firms struggle to fill growing job openings

Ukrainian companies are encountering significant difficulties in recruiting employees, a trend underscored by a decline in job seeker numbers, Ukrainian National Bank (NBU) reported on April 4.

6 April 2024, 05:55 PM

Over 50% of Russian-made microchips defective

Over half of the Baikal processors, a cornerstone of Russia's tech self-reliance efforts, turned to be defective, Russian outlet Vedomosti reported on March 26.

28 March 2024, 02:09 PM

From invasion shock to resilient recovery: Ukraine’s M&A market — opinion

While Russia’s full-scale invasion caused a major decline in M&A [mergers & acquisitions] activity in 2022, Ukraine’s economy has proven remarkably tenacious.

22 March 2024, 10:15 PM

EU must put its economy on ‘war footing’ — Michel

EU member states must take radical steps to prepare for defense and put the EU economy on a "war footing," European Council head, Charles Michel, said in an address to the European Council.

20 March 2024, 12:10 PM

War against Ukraine to cost Russia $1.3 trillion in lost growth — Secretary Austin

The war in Ukraine will end up costing Russia $1.3 trillion in lost economic growth by 2026, U.S. Defense Secretary Lloyd Austin said on March 19.

19 March 2024, 08:30 PM

Total Ukraine-Poland border closure would be disastrous, freight forwarder warns

Ukrainian truck drivers endure weeks-long waits at checkpoints along the Ukrainian-Polish border. But what are the true costs of this delay?

1 March 2024, 04:20 PM

economy

1
2
3
4
5
6