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The results of the G7 Summit: military support and a statement on the Russian-Ukrainian war.

Today’s News

Thursday, June 19

The results of the G7 Summit: military support and a statement on the Russian-Ukrainian war. President Zelenskyy, who cut his visit to Canada short following the deadly Russian attack on Ukraine and the departure of the US president from the summit, summarized the ...

During the G7 summit, Russia launched a massive attack on Kyiv and nearby regions using missiles and drones.

Wednesday, June 18

During the G7 summit, Russia launched a massive attack on Kyiv and nearby regions using missiles...

Austria’s president publicly urges Putin to engage in serious peace negotiations.

Tuesday, June 17

Austria’s president publicly urges Putin to engage in serious peace negotiations.

The US has declined to provide an additional $300M in aid to Ukraine.

Monday, June 16

The US has declined to provide an additional $300M in aid to Ukraine.

In Kyiv, Pistorius announced the provision of €9B in military aid to Ukraine, though without Taurus missiles.

Friday, June 13

In Kyiv, Pistorius announced the provision of €9B in military aid to Ukraine, though without...

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Today’s News

Thursday, June 19

Zelenskyy at the G7 conference: Russia has only intensified its attacks on Ukraine since the new US president came into power.

Zelenskyy at the G7 conference: Russia has only intensified its attacks on Ukraine since the new US president came into power. The rise in Russia’s use of drones during its attacks is the only significant change in its behavior following the transition of the US presidency, Ukrainian President Volodymyr Zelenskyy stated...

The conflict in the Middle East has slowed passage of new American sanctions against Russia.

The conflict in the Middle East has slowed passage of new American sanctions against Russia. The US Senate has postponed consideration of a bill to impose sanctions on Russia due to the conflict between Israel and Iran, as well as the need to pass Donald Trump’s tax reform package. Sena...

Trump will support arms sales to Ukraine if he considers it a

Trump will support arms sales to Ukraine if he considers it a "good deal" for the US. Former US special representative for Ukraine negotiations, Kurt Volker, believes that US President Trump may agree to supply weapons to Kyiv if it appears to be a good deal for the US. “For Trum...

Ukraine’s accession to the EU will ensure a 26% increase in its GDP.

Ukraine’s accession to the EU will ensure a 26% increase in its GDP. According to the Polish Economic Institute, Ukraine’s accession to the EU could serve as a powerful economic stimulus for both the country itself and its neighbors in Central Europe. It is anticipated...

International clothing retailers are actively entering the Ukrainian market.

International clothing retailers are actively entering the Ukrainian market. Turkish fashion retailer LC Waikiki will join the tenant pool of the Cosmo Multimall shopping center in Kyiv in the fall. The company is returning to its development trajectory and plans further expan...

In Ukraine, despite the ongoing war, the construction of elevators is on the rise.

In Ukraine, despite the ongoing war, the construction of elevators is on the rise. KMZ Industries, a company that produces elevator equipment, observes that in Ukraine, despite the challenging situation and general market pressures, the construction of new elevators and the expansio...

Ukrbud, the state-owned construction company, was sold for ₴805M as part of a large-scale privatization.

Ukrbud, the state-owned construction company, was sold for ₴805M as part of a large-scale privatization. The auction winner was the Petro Oil and Chemicals company, owned by Georgian citizen David Bezhuashvili. He offered a price 200% higher than the starting price of ₴262.6M (excluding VAT). The Cabinet...

The NBU predicts a 20-25% increase in lending this year, with banks utilizing ₴1T in resources.

The NBU predicts a 20-25% increase in lending this year, with banks utilizing ₴1T in resources. As reported by Kateryna Rozhkova, Deputy Head of the National Bank, it is expected that bank loan portfolios will grow by approximately 20-25% this year, which would balance investments in government ...

The Ukrainian Parliament has passed a law regarding multiple citizenship.

The Ukrainian Parliament has passed a law regarding multiple citizenship. This is a significant change, as Ukrainian law had prevented individuals from holding citizenship from more than one country, which forced Ukrainians to renounce their citizenship in order to acquire ...

Wednesday, June 18

During the G7 summit, Russia launched a massive attack on Kyiv and nearby regions using missiles and drones.

During the G7 summit, Russia launched a massive attack on Kyiv and nearby regions using missiles and drones. On June 17, Russia carried out a barbaric airstrike, targeting civilian infrastructure in Kyiv, Odesa, and eight other areas. Damage occurred to apartment buildings, dormitories, and kindergartens, wi...

The Slovak government has given its support to Ukraine’s EU accession.

The Slovak government has given its support to Ukraine’s EU accession. Slovak Prime Minister Robert Fico has backed Ukraine’s EU membership, emphasizing that all conditions must be satisfied. “The Slovak government wishes Ukraine European development. If Ukra...

Ukraine opens a key lithium deposit to private investors under the mineral deal with the US.

Ukraine opens a key lithium deposit to private investors under the mineral deal with the US. The Ukrainian government has taken the first practical step toward implementing agreements with the US on cooperation in critical raw materials. This entails preparations to open the Dobra lithium dep...

The conflict between Iran and Israel has made it more challenging for the EU to lower the price cap on Russian oil.

The conflict between Iran and Israel has made it more challenging for the EU to lower the price cap on Russian oil. Last week, the European Commission included a proposal in the draft of its Russian sanctions package to lower the price cap on oil from the current $60 per barrel to $45. Some member states that suppo...

Germany has no plans to launch Russia’s Nord Stream, despite American efforts.

Germany has no plans to launch Russia’s Nord Stream, despite American efforts. The German government does not intend to restart the Nord Stream 1 gas pipeline, used to transport Russian gas, or to launch Nord Stream 2, said Deputy Government Spokesperson Sebastian Hille. This st...

Foreign direct investment has fallen to its lowest level since 2005.

Foreign direct investment has fallen to its lowest level since 2005. According to the World Bank, the flow of foreign direct investment to developing countries has decreased due to an increase in global trade barriers. “What we are seeing is the result of governm...

In the second half of the year, bank lending rates may return to last year’s levels of 17-18% per annum.

In the second half of the year, bank lending rates may return to last year’s levels of 17-18% per annum. Under favorable economic conditions, rates on auto loans, loans for small and medium-sized businesses, and mortgages may align with the 2024 level: They are expected to decrease by an average of one p...

The EC has approved a plan to completely abandon Russian gas and oil.

The EC has approved a plan to completely abandon Russian gas and oil. The European Commission has approved a legislative proposal that outlines a gradual phase-out of Russian gas and oil imports into the EU by the end of 2027, with the goal of enhancing the bloc’s...

A new housing initiative for internally displaced persons is being developed in Ukraine.

A new housing initiative for internally displaced persons is being developed in Ukraine. Ukrainian government representatives and the World Bank have discussed a new housing support program for internally displaced individuals. Presently, the HOPE housing repair project, jointly undertake...

Ukraine has already received nearly $18B in loans and grants from its international partners.

Ukraine has already received nearly $18B in loans and grants from its international partners. In the first five months of 2025, Ukraine received close to $18B in foreign aid through concessional loans and grants, according to an NBU report. By the end of the year, this amount could rise to $55...

How does the Ukrainian labor market look in the fourth year of the war?

How does the Ukrainian labor market look in the fourth year of the war? At present, more than 70% of Ukrainian businesses are experiencing a notable personnel shortage. Contributing factors include not just the mobilization of conscripts but also internal migration and th...

Tuesday, June 17

Austria’s president publicly urges Putin to engage in serious peace negotiations.

Austria’s president publicly urges Putin to engage in serious peace negotiations. “I appeal once again to those in power in the Kremlin to end this illegal war and start serious, honest negotiations. Mr. President Zelenskyy has assured us once again today that Ukraine is read...

How will the conflict between Israel and Iran affect Russia’s military capabilities in its war against Ukraine?

How will the conflict between Israel and Iran affect Russia’s military capabilities in its war against Ukraine? Analysts from the ISW believe that Russia may leverage the rise in oil prices following Israel’s strikes on Iran to sustain a prolonged conflict in Ukraine. Oil and gas revenues make up about 30...

The G7 summit in Canada is underway, amidst rising tensions in the Middle East and controversies over Trump’s tariffs.

The G7 summit in Canada is underway, amidst rising tensions in the Middle East and controversies over Trump’s tariffs. War in Ukraine will be discussed on June 17, with Ukrainian President Volodymyr Zelenskyy set to meet with US President Donald Trump, as confirmed by a White House official to Axios. The two leaders l...

Ukraine has invited Poland to join the SME Alliance and participate in the country’s rebuilding efforts.

Ukraine has invited Poland to join the SME Alliance and participate in the country’s rebuilding efforts. At a meeting in Kyiv, Ukraine’s Minister of Economy, Yulia Svyrydenko, discussed the opportunities that are currently available to investors with the Polish delegation led by Poland’s Mini...

The NBU will resume reductions in the key policy rate in the second half of the year.

The NBU will resume reductions in the key policy rate in the second half of the year. Members of the Monetary Policy Committee of the National Bank are considering the possibility of easing the interest rate policy in the second half of 2025. However, given the balance of risks, they a...

Ukrainian banks have earned almost ₴255B during the 3.5 years of war.

Ukrainian banks have earned almost ₴255B during the 3.5 years of war. According to the NBU, in the first quarter of 2025 the banking sector reported ₴40B ($955M) in profit, with state-owned banks, including PrivatBank, generating 65.7% of this amount. Last year, banks a...

In May, business sentiment in Ukraine stabilized, but exporters’ anxiety is increasing.

In May, business sentiment in Ukraine stabilized, but exporters’ anxiety is increasing. According to the Institute for Economic Research, the business activity recovery index in Ukraine in May was unchanged from April, remaining at 0.13. However, analysts observed the following trends: T...

Germany is co-financing three drone production projects in Ukraine.

Germany is co-financing three drone production projects in Ukraine. According to German expert and senior researcher at the Munich Security Conference, Nico Lange, Berlin is investing in these three drone production initiatives. “These are not new projects; they...

Ukrainian agribusinesses are entering new markets both abroad and domestically.

Ukrainian agribusinesses are entering new markets both abroad and domestically. Experts indicate that Dutch traders are interested in importing Ukrainian frozen berries. However, establishing direct supplies to a Dutch supermarket chain is challenging without the assistance of tr...

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