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It will cover all resources, including oil and gas. President Zelenskyy said that, according to a report by government officials on the progress of negotiations with the US on the conclusion of an economic partnership agreement, the text of the document has been significantly revised, it has become more balanced and now benefits both the Ukrainian and American peoples. “The document has become much stronger – equal – and can become beneficial for both our peoples: for Ukraine and for

European Commissioner for Enlargement Marta Kos stated that the EU may differentiate the pathways for Moldova and Ukraine’s integration as soon as June, when decisions regarding enlargement are made in Brussels. She noted that discussions are currently taking place among member states about future actions, as there is no opposition to starting accession negotiations with Moldova, but Hungary is obstructing the process for Ukraine. “Ukraine has done enough; I can say this from my own experience, as it has facilitated

The most promising location for European investment is Ukraine. Given that the country’s recovery will adhere to EU standards, the country is positioned to evolve into a dynamic industrial hub in digital and green transformation, emphasized European Commissioner for Enlargement Marta Kos. She highlighted that the investment framework for Ukraine in the EU’s multiannual budget is nearly €10B, which will facilitate the attraction of at least another €40B in private and public investment into the country’s economy over the next

NEC Ukrenergo has finalized an agreement to restructure the terms of its debt stemming from state-backed green sustainability-linked development bonds with a rate of 6.875% per annum, maturing in 2028. The company has collaborated with investors who control around 45% of the debt to create a debt management plan, which is expected to be implemented by early July 2025. Bondholders were given the option to either redeem their bonds or exchange them for new debt securities issued by the company.

According to the Ministry of Finance, Ukraine’s total public (direct and guaranteed) debt increased by 1.56%, or $2.64B, in March, totaling $171.73B compared to the previous month. Direct external debt rose from $118.05B to $120.94B during the month, while direct domestic debt fell in dollar terms from $44.31B to $44.26B. By the end of the reporting month, state-guaranteed debt amounted to $6.753B. Last year, Ukraine’s total public debt grew by 14.27%, or $20.74B, reaching $166.06B. According to the IMF’s Fiscal

If Ukraine’s budget gap increases in the next two years and the situation with external financing does not improve, a large-scale reduction in the NBU’s reserves and a sharp devaluation of the hryvnia will become inevitable. The devaluation of the hryvnia, in turn, could trigger a banking crisis and a corporate debt crisis. In 2025, the Ukrainian government forecasts the receipt of international assistance in the amounts of $33.1B from the EU, $15B from the US, $3.5B from Canada, $1B

The IFC and Ukrsibbank, whose shareholders include BNP Paribas Group and the EBRD, have announced the launch of a new €66M Risk Sharing Facility (RSF) to support medium- and large-sized enterprises in Ukraine. This initiative aims to provide critically needed financing to mid-cap companies operating in sectors vital to the economy, including agribusiness, manufacturing, trade, and logistics. The program is designed to help businesses sustain their operations, preserve jobs, and strengthen the country’s energy security. Risk sharing facilities allow the

Latvia has sent another 1,500 combat drones to Ukraine; in total, two Latvian companies will deliver 12,000 drones in the first half of the year. The drones are being provided as part of the drone coalition led by Latvia and Britain. Riga supplied Kyiv with around 5,000 UAVs in 2024. Additionally, Ukrainian Ambassador to Latvia Anatoliy Kutsevol stated during a briefing that an international drone coalition summit will be held in Riga on May 28. He also mentioned that Ukraine’s

Anticipating further issues with US military assistance, the Ukrainian Army is significantly expanding their unmanned systems and drone usage to compensate for the lack of heavier weaponry. Announced in February, the new Drone Line program serves as a plan B should peace negotiations fail or if US leadership loses interest in providing further support for Kyiv. Consequently, four drone battalions will be reorganized into regiments, with each regiment expected to increase its numbers from around 700 to 2,500 soldiers equipped

The Ukrainian real estate market is currently showing signs of stabilization and gradual recovery. In the primary market, prices continue to rise, driven not only by demand but also by an increase in building material costs due to the devaluation of the hryvnia, logistical complexities, and a labor shortage resulting from emigration and mobilization within the country. The trends observed in the primary market in 2024, such as rising housing costs in cities, a slight decline in demand (approximately up

The new Park complex, featuring more than 4,500 square meters of space, will be located in Truskavets. Plans include several restaurants, a large grocery market, a spa, clothing and other household goods stores, an entertainment area, and an extended stay apartment hotel. Centrally situated in Truskavets, the complex is near the Adamivka resort park and the central pump room. Construction is expected to be completed and the complex opened to visitors by the end of 2025. The first and second

Rebuilding Ukraine after the Russian-instigated war will be costly, with current estimates around £400B. As part of a peace deal advocated by US President Donald Trump, £225B ($300B) of Russian state assets frozen abroad could be allocated for this purpose, according to political scientist Mark Galeotti. “Moscow will ostentatiously spit and scream, but in reality, it will view this as a means of paying reparations with money it will never recover,” remarked one European diplomat. Analysts also emphasize that any

According to Russian Foreign Minister Sergei Lavrov, among the Russian demands are: Ukraine must not join NATO, remaining neutral and non-aligned. International recognition of the “Russian affiliation of Crimea, Sevastopol, the ‘DPR’, ‘LPR’, Kherson region, and Zaporizhzhia,” meaning acknowledgment of all Ukrainian regions currently occupied by Russia. “Demilitarization” and “denazification” of Ukraine, which likely means limiting the size of the Ukrainian military and the defense industry. Lifting sanctions and the return of Russia’s frozen assets. “Overcoming the consequences of the

Foreign Ministry spokesman Georgy Tykhyy stated that Ukraine will not recognize Crimea or any other part of its territory as Russian, will not agree to restrictions on its military or defense industry, and will not accept military assistance limitations from partners or a ban on its participation in alliances. Ukraine also insists that any peace agreement be grounded in international law rather than capitulation and emphasizes the importance of clear security guarantees. At the same time, US President Donald Trump

Russian dictator Vladimir Putin has announced a new “truce” in the war with Ukraine, set to last for three days – from 00:00 on May 8 to 00:00 on May 11. The truce was proclaimed in connection with May 9, when Russia celebrates Victory Day in World War II. The Kremlin’s statement indicates that “the Ukrainian side must join the truce.” The aggressor state claims to be “ready for constructive interaction with international partners” regarding the situation in Ukraine. However,

The Ministry of Agrarian Policy of Ukraine has announced a call for investment projects from agricultural enterprises looking to modernize and expand into new markets. The goal is to create a consolidated portfolio of large-scale projects that will be presented to international financial institutions, funds, banks, and strategic investors. The ministry emphasized that they are gathering projects with a financing requirement of $10M or more from businesses that are past the startup phase and already operational. Additionally, applications for the

The investment climate in Ukraine has never been easy for investors but ongoing war has only worsened the situation. In 2024, the inflow of foreign direct investment (FDI) into Ukraine decreased by $1.2B compared to 2023, totaling $3.3B. However, 72% of FDI comprises reinvested income from pre-existing foreign investors. Consequently, the volume of accumulated FDI over the past year fell by 0.7% ($0.38B) to $54.6B, which is 17% lower than in pre-war 2021. For comparison, in Poland the accumulated FDI

The two glass factories will be developed by City One Development and located in the City of Glass industrial park in Berezan, Kyiv region, and the Galicia industrial park in Kalush, Ivano-Frankivsk region. The companies have signed a memorandum for long-term cooperation. This strategic partnership aims to enhance glass production in Ukraine, which is vital in boosting the country’s industrial potential. The construction of factories in these two industrial parks marks the project’s first stage, representing a significant milestone for

The OKKO group plans to initiate several large wind energy projects and has already started working on their implementation. Construction of the Ivanychi wind farm in the Volyn region is already underway. In April, OKKO secured €157M in financing from three Western banks for this wind farm’s development. Additionally, the holding will invest around €68M of its funds into the project. The wind farm is expected to generate approximately 500 GWh per year, with the launch anticipated at the end

MHP, the Ukrainian agro-industrial company, has become the majority shareholder in Uvesa, a leading Spanish poultry firm. In March, MHP secured 41% of Uvesa’s shares and later entered into additional agreements with other shareholders under identical terms, enabling it to increase its stake to 91.77%. The purchase price amounts to €225 per share, with the potential for additional consideration of up to €21.43 per share under specific conditions after the deal is finalized. The transaction requires approval from the European