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After the start of the full-scale war and mass emigration in Ukraine, the working population decreased from 18 to 14 million people, said economist and member of the Economic Discussion Club, Oleg Pendzyn. He said that 6.5 million people work legally and pay taxes, and another three million receive salaries from the state. As of November 1, 41,900 Ukrainians are receiving unemployment benefits in Ukraine. Notably, in the draft for the 2025 state budget, the Cabinet of Ministers proposes allocating

Russian dictator Putin is trying to influence the foreign policy of US President-elect Donald Trump and achieve a reset of relations between Russia and the US on Moscow’s terms. The ISW pointed to new statements by the Russian dictator, which he made at the annual meeting of the Valdai discussion club. Among other things, Putin hinted that Trump’s team expressed a desire to restore relations with Russia to help put an end to the “Ukrainian crisis.” At the same time,

The United States is ready to support negotiations between Ukraine and Russia if President Volodymyr Zelenskyy expresses his readiness to do so, said Matthew Miller, spokesperson for the US State Department. “This has been our long-standing policy that President Zelenskyy should decide when the time comes for negotiations. This is not something that we or any other country should push him to do,” he stressed. Miller emphasized that the United States would support President Zelenskyy in any process “aimed at

Pentagon deputy spokesperson Sabrina Singh confirmed the US’ commitment to continue military aid to Ukraine until the end of the current Biden administration. In particular, the presidential aid packages and the USAI (Ukraine Security Assistance Initiative) will remain active during this period. “We still have about $2B left in USAI to allocate. Therefore, in the coming weeks, we will continue to provide packages,” she emphasized. Singh stated that military support will continue to arrive regularly. The official also emphasized that

US President-elect Donald Trump may call on European and British troops to secure an 800-mile (1,200-kilometer) buffer zone between the Russian and Ukrainian armies as part of a plan to freeze the war between the countries, writes The Telegraph. The plan is one of several Trump is considering. As previously described, this involves freezing the current front line and preventing Ukraine from joining NATO for 20 years in exchange for US-supplied arms to prevent Russia from resuming the war. At

At a meeting in Budapest last week, EU leaders discussed continuing military support for Ukraine should Donald Trump end US aid. Several officials believe the European Commission should develop proposals detailing how the EU will respond to such a move by the US. Hungarian Prime Minister Viktor Orbán said that Europe cannot finance a “losing war” if the US stops its support. The Estonian prime minister stated that the support of Ukraine in the coming months will determine the EU’s

The Defense Forces of Estonia noted the Russian invaders’ heightened offensive pace as Moscow attempts to seize as much territory as possible before the frost. The main fighting is concentrated on a narrow section in the Kurakhove and Pokrovsk directions, where more than 60% of combat occurs. Despite the high offensive pressure, the Ukrainian military’s defense remains organized, and the enemy is suffering heavy losses. If the current pace of hostilities continues, Russia’s losses in November may be comparable to

The US will permit American defense contractors to work in Ukraine to service and repair weapons and equipment provided by the Pentagon. The US will also send Ukraine more than 500 interceptor missiles for the Patriot and NASAMS air defense systems, which should be enough for Ukraine to defend its territory through the end of the year. Also, France will hand over Mistral anti-aircraft missile systems and about 10 long-range SCALP missiles. Ukraine will also receive air defense missiles from

On November 8, the State Property Fund (SPFU) held an auction for the privatization of the single property complex, Bilhorod-Dnistrovskyi Sea Trade Port, the 13th attempt. The seaport’s starting price was ₴89M, and the auction’s only participant, Top-Offer, placed a ₴90M bid for the lot. The company must pay a total ₴108M ($2.6M) for the sales price and VAT. The buyer is also responsible for the enterprise’s debts, in particular, ₴15.16M in wages and 151.31M to cover accounts payables. Top-Offer

In October 2024, consumer prices increased by 1.8% compared to September; annual inflation accelerated to 9.7% (8.6% in September), according to the Ukrainian State Statistics Service. Since the beginning of the year, consumer prices have increased by 8.4%. In October, food and non-alcoholic beverage prices increased by 3.2%. Vegetables and eggs rose in price the most, by 18.2% and 18.1% respectively. Prices for alcohol and tobacco rose by 1.8%, with prices of tobacco products rising by 2.6%. A 1% increase

The World Bank will provide $750M to Ukraine within the Support for Reconstruction through Smart Fiscal Management (SURGE) project framework, which supports the institutional reforms that are necessary in order to the EU. Reforms within the project will improve the efficiency of public investment and public finance management. At the same time, the Ministry of Finance and the World Bank signed a grant agreement to attract about $1.37B within the framework of the PEACE in Ukraine project to finance social

Deputy Minister of Economy Oleksiy Sobolev reported: “According to our preliminary estimates, the realization of the goals of the National Energy and Climate Plan requires significant investments – more than $40B by 2030 alone. We must attract private and public financial resources to implement the plan.” According to the plan, Ukraine aims to reduce greenhouse gas emissions by 65% ​​compared to 1990’s level, achieve a 27% share of renewable energy sources in total final energy consumption, and deepen the diversification

In Ukraine, increased pressure on commercial activities due to a lack of workers in the third quarter of the year was due to an increase in migration outflow that was beyond expectations, mainly due to long-term power outages over the summer, the NBU reported. Assumptions for the net outflow of external migrants this year have been downgraded to about 500,000 people. The NBU also predicts that the number of returning emigrants will be less than expected – about 200,000 people

The Biden administration plans to exhaust the remaining funds that have been allocated for Ukrainian military aid by the day of Trump’s inauguration – January 20 2025, two White House officials told Politico. Currently, Biden has at his disposal $4.3B for the provision of weapons from US military warehouses and another $2.1B for the purchase of firearms through contracts with American defense companies. The White House wants to use these funds as soon as possible so that Ukraine has enough

Newly elected US President Donald Trump may offer Ukraine an option to freeze the military conflict with Russia without the return of its occupied territories in return for delaying NATO membership for at least 20 years. According to the WSJ, its sources who disclosed this possible scenario for the war’s end say that it is one of many that Trump’s advisers are currently discussing. It is assumed that a demilitarized zone will be declared along the entire front line after

European Commission for Foreign Affairs spokesperson, Peter Stano, pledged that, despite Donald Trump’s threat to stop aid to Ukraine, the EU will continue to support the country militarily and financially and will only consider a peace agreement with Russia that contains terms favorable for Ukraine. According to Stano, speculation that Europe will stand alone in supporting Kyiv is “premature.” As for whether the EU will oppose Trump’s rumored attempts to force Ukraine into a disadvantageous truce with Russia, EC spokesman

The G7 initiative for Ukraine that will provide $50B secured by revenues from frozen Russian assets eliminates the state budget deficit for 2025. However, the government plans to keep part of these funds as a reserve for future years, Prime Minister of Ukraine Denys Shmyhal said at the 10th Kyiv International Economic Forum. “This is what we planned; this is what we agreed on with the IMF and our partners,” he clarified. Shmyhal noted that through this and other external

At the European Political Community summit in Budapest, EU leaders urged Donald Trump to maintain support for Ukraine, avoid trade wars, and refrain from disrupting world order during his second US presidency. The head of the EC, Ursula von der Leyen, said the EU must unite now because no EU state can cope with future challenges alone. Regarding Ukraine, she added: “It is in our interests that the autocrats of this world receive a very clear signal that this is

NATO Secretary General Mark Rutte stressed the urgent need to step up action to change the trajectory of Russia’s war against Ukraine, citing the recent deployment of North Korean troops in Russia’s Kursk region, as Europe and the world now face a threat “much darker than the devastation already inflicted on the people of Ukraine.” Rutte noted that NATO countries have collectively provided more than 99% of the military aid to Ukraine since the start of the full-scale invasion and

According to a study by the International Labor Organization, Ukraine needs 8.6 million additional workers to enable GDP growth. At the same time, according to the Ministry of Economy, Ukraine only needs half this number, 4.5 million. Deputy Minister of Economy of Ukraine Tetyana Berezhna said that labor productivity is also essential for economic growth at the Kyiv International Economic Forum. She cited Denmark as an example, where there are fewer people than there were in Ukraine at the beginning