According to the National Bank estimates, GDP will decline by at least a third at the end of the year. “As a result of the war, we expect GDP to decline by at least a third. We expect the inflation rate to speed up and exceed the 20% level,” Deputy NBU Governor Serhiy Nikolaychuk said…
Ukrainian Prime Minister Denys Shmyhal and Austrian Chancellor Karl Nehammer have discussed support for Ukraine’s European integration and the organization of green corridors for the export of Ukrainian products. “During a telephone conversation with Karl Nehammer discussed support for Ukraine’s EU integration and green corridors for the export of Ukrainian products. Austria’s role is significant…
The sum of infrastructure damages has already reached $104 billion. At least 45 million square meters of housing, 656 hospitals, more than 1,200 educational institutions, nearly 25,000 kilometers of roads, 300 bridges and 12 airports have been destroyed or damaged as a result of Russian strikes. Prime Minister of Ukraine Denys Shmyhal said this via…
The Ministry of Foreign Affairs negotiates the re-opening of McDonald’s restaurants in Ukraine. As Foreign Minister Dmytro Kuleba posted on Facebook, with the beginning of the full-scale Russian invasion, McDonald’s, like many other companies, suspended the operation of restaurants in Ukraine for security reasons. But the MFA believes that now there are conditions to resume…
Ukrainian President Volodymyr Zelensky has said he is convinced that Europe’s security is impossible without liberation from the chains of dependence that Russia has been creating for decades. He stated this in an address to the participants in the Prespa Forum Dialogue. “Any serious discussion of the security architecture in Europe must be based on…
The Russian invasion has put Ukraine’s pig industry in jeopardy, as large breeding, slaughtering and processing capacities are located in the occupied territories, said Daniil Getmantsev, head of the financial committee of the Verkhovna Rada following a meeting with the Ukraine Meat Industry Association on June 7. “Unfortunately, a critical situation has emerged in the…
Ukrainian Ambassador to the United Kingdom Vadym Prystaiko has said he is disappointed that well-known British companies Unilever and OSTC continue to do business in Russia. “Every third bullet shot now at Ukrainians is sponsored by taxes paid by the Western business in Russia. We urge all British companies to exit Russian market. We are…