Economy
Verkhovna Rada approves large-scale financial agreement with the EU worth EUR 90 billion
On 28 May, the Ukrainian parliament ratified a €90 billion agreement with the European Union that includes macro-financial assistance and a number of economic reforms. The funds will be disbursed...
Verkhovna Rada ratifies €90bn loan agreement with the EU: what will change for Ukrainians
The Verkhovna Rada has ratified a large-scale financial agreement with the European Union, which provides Ukraine with €90 billion in loan support. Along with the financing, the document contains a number of...
Zelenskyy initiates ratification of EUR 90 billion loan agreement with the EU
President Volodymyr Zelenskyy has submitted a draft law to the Verkhovna Rada to ratify the EUR 90 billion loan agreement with the European Union. The document provides for tax changes,...
Ukraine's economy cannot recover without labour migrants
Ukraine is facing a critical labour shortage that threatens to create a large-scale staff shortage after the war. Economists and employers agree that without attracting hundreds of thousands of labour...
IMF mission arrives in Kyiv to review $8.1bn aid to Ukraine
The International Monetary Fund mission has started a review of Ukraine's $$8.1bn assistance programme in Kyiv. The main topics of the talks include tax changes for individual entrepreneurs and...
Rada proposes to raise the subsistence minimum to UAH 10,000
The Verkhovna Rada has registered a draft law that provides for a significant increase in social standards in 2026. The document proposes to increase the subsistence minimum, minimum wage, pensions and financial...
Rada delays the law on parcels: risk of stopping tranches
The Ukrainian parliament is delaying the adoption of the parcel tax law, which was a condition for receiving the second tranche of the IMF. This may also result in the suspension of lending to...
Pensions will increase, but not for everyone: what will change for Ukrainians
The Pension Fund of Ukraine has published updated average salary figures that directly affect the calculation of future payments. In March 2026, the official average salary, with...
Samsung, Hyundai and LG may join Ukraine's recovery
During his visit to South Korea, Vitalii Kim, Head of the Mykolaiv Regional Association of Manufacturers, held talks with leading companies Samsung, Hyundai and LG. The topic of discussion was joint...
Five NATO countries block military aid plan for Ukraine
Five major NATO powers have blocked the initiative of NATO Secretary General Mark Rutte to allocate 0.25% of GDP for military assistance to Ukraine. Among the opponents of the idea are the Great...
Moldova outstrips Ukraine in terms of population income
According to recent analysts, the average income of a Moldovan resident in US dollars is about 1.5 times higher than the Ukrainian one. Back in 2021, the incomes of two...
Zelenskyy imposes sanctions against Russian commanders and the «shadow fleet»
Ukrainian President Volodymyr Zelenskyy has imposed two sets of sanctions against Russian military and civilian vessels. The list includes commanders involved in attacks on Ukrainian cities,...
US Senate demands urgent allocation of $400 million to Ukraine
A bipartisan group of US senators has sent a letter to the Secretary of Defence demanding a transfer of $600 million in military aid. Of this, 400 million is earmarked for Ukraine, and 200...
The Ministry of Economy changes the rules for booking reservations for persons liable for military service
Minister of Economy Sobolev has announced changes to the rules for reserving jobs for people liable for military service. From now on, an employee must receive at least three minimum wages to be booked, and part-time employees...
Budanov announces new long-term economic strategy for Ukraine
The main goal of the new economic strategy is to build a strong, competitive and investment-attractive economy in Ukraine. Budanov called on international partners and businesses to join in its development...
The blockade of the Strait of Hormuz threatens the global economy with a crisis of the scale of 2008
Rapidan Energy Group analysts warn of a possible economic crisis that could reach the scale of 2008 due to the blockade of the Strait of Hormuz. If the situation drags on, the oil shortage will...
