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During a meeting in Rome, the foreign ministers of Poland, France, Germany, Italy, Spain, and the UK, along with the EU High Representative, expressed their willingness to intensify pressure on Russia to compel it to agree to a ceasefire. “We highly appreciate Ukraine’s constructive participation in this process, which demonstrates its clear commitment to peace, in particular its readiness to commit to an immediate, comprehensive, and unconditional 30-day ceasefire as a stable basis for serious and credible negotiations, as well

Ukraine may not receive up to €1.5B in aid from the EU due to its failure to achieve reforms envisaged in the Ukraine Facility program, say CES experts. The government has not fulfilled three structural milestones required by the program for the first quarter of 2025. Among them are an increase in the staff of the High Anti-Corruption Court, the reform of the ARMA, and the reform of the territorial organization of the executive branch. In total, only three of

The funds placed by individuals in bank accounts in both hryvnia and foreign currency increased by 0.8% in May to reach a record ₴1.266T. According to the NBU, since the beginning of the year the volume of consumer bank deposits has increased by 4.4% from ₴1.212T. Hryvnia consumer bank deposits increased by 1.4% in May, amounting to ₴835B. Meanwhile, the volume of consumer foreign currency deposits in hryvnia equivalent decreased by 0.4% to ₴431.3B. Deposits from legal entities (in hryvnia

The Poltava oil extraction plant of the Kernel agricultural holding has transitioned to renewable energy sources certified by international organization Bureau Veritas Group. The company will fully provide the plant with renewable energy sourced from sunflower husks, which will decrease reliance on fossil fuels and cut greenhouse gas emissions by more than 11,000 tons annually. Autonomous electricity generation will also guarantee continuity in production. The Poltava plant became the first enterprise in Ukraine’s food sector to join the Science Based

The EU Council has removed all additional inspections for beet, sunflower, rapeseed, and soybean seeds from Ukraine, recognizing that Ukrainian certification procedures comply with EU requirements. Consequently, seeds of these types produced in Ukraine and Moldova will be allowed to enter the EU market. As a result, EU-based companies will have the opportunity to diversify their seed production areas. This move aims to ensure a continuous supply of high-quality seeds to European countries. Thanks to the EU’s decision, Ukrainian producers

As stated by UTG Director Yevgenia Loktionova during RAU Expo 2025, the current attendance level at regional shopping malls is 315 people per 1,000 square feet, while district shopping malls have an average of 552 people. Regional shopping malls cover an area of over 50,000 square feet, while district shopping malls are typically smaller, ranging from 20,000 to 30,000 square feet. In the fourth year of the war, the average vacancy rate of shopping malls in the Kyiv market is

“Germany will participate in the financing of long-range weapons (drones and missiles). We must provide the finances for this so that the Armed Forces of Ukraine can purchase materials. We planned to provide €4B in aid to Ukraine, then increased it to €7B and now we are considering an additional €1.9B,” said German Defense Minister Boris Pistorius at a briefing with President Zelenskyy. However, when asked about the transfer of Taurus long-range missiles to Ukraine, Pistorius replied that this was

In May 2025, Russian troops captured the largest number of Ukrainian territories since the end of 2022. This is part of the large-scale summer offensive that has been undertaken by the Russian Federation. The WSJ notes that peace talks have reached a dead end, and now the fate of the war in Ukraine will be determined solely on the battlefield. This is why Russia seeks to achieve significant successes on the front line, in order to compel Kyiv to accept

Considering this, Ukraine needs protection and long-term guarantees, said President Zelenskyy at the Ukraine-Southeast Europe summit in Odesa. “I ask you all to consider security guarantees after this war as a practical necessity. From air defense to cyber threats, we need real means of deterrence and rapid response,” he stressed. Zelenskyy also called for strengthening sanctions against Russia. According to him, the 18th sanctions package, the details of which the EU announced the day before, “could be stronger.” “And regarding

The head of the Russian negotiation delegation, Vladimir Medinsky, said that if Kyiv does not agree to “compromises”, it will face new territorial losses. “We want peace. But if Ukraine continues to be guided by the national interests of other countries, we will simply be forced to respond,” Medinsky stated. Putin’s aide also noted that Russia’s war with Ukraine is “a fratricidal struggle between states with a common language and culture, which are doomed to be close allies.” “Unfortunately, this

US Treasury Secretary Scott Bessent stated during a congressional hearing that in two decades, Ukraine’s economy could exceed that of Russia’s. He believes that a stable Ukrainian economy will provide the best long-term defense for Ukraine, a view also shared by US President Donald Trump. Bessent highlighted the close connection between national security and economic stability. He pointed out that the Trump administration is making efforts to launch the US-Ukrainian Reconstruction Investment Fund as quickly as possible in order to

Among the topics on the table at the G7 summit, which will take place from June 15 to 17 in Canada, is a proposed price ceiling for Russian oil at $30 per barrel, according to Olexander Khara, an expert at the Center for Defense Strategies. “We expect more pressure on Russia. Foreign Minister Andriy Sybiha spoke about $30 per barrel as a new price ceiling (today it is $60). I do not know whether the G7 will agree to this,

Pentagon chief Pete Hegseth, speaking in front of a Senate committee, stated that Russia is the aggressor in the war against Ukraine. However, he refused to directly support Ukraine’s victory, noting that in his opinion what is the best for US interests is a peaceful settlement, “even if such an outcome will not be acceptable to many in this room.” “We are now in a situation where Vladimir Putin knows that President Trump is a strong leader. He knows that

Ternopil company Weststar Group plans to build a dry port in Volyn, which will be situated near the railway on plots covering nearly 35.6 hectares, and access tracks will be developed for it. Weststar Group is part of the Ternopil group of companies Western Container Terminal, which provides logistics services. According to the project’s specifications, the area of development will encompass 142,148 square meters (14 hectares). The future terminal will have a throughput capacity of 10,000 twenty-foot equivalent containers annually.

It has practically lost these markets while concentrating on exporting its products to Europe, writes Latifundist, referring to Ukrainian traders. “We have lost 70% of the Egyptian market. All Ukrainian exporters have reoriented to Europe. We have lost not only the moment when it was possible to profitably sell to Egypt but also the trust of the Egyptian buyer,” market participants said. It is noted that in Tunisia, 75% of imported wheat is Russian, another portion is French, and almost

These include compact malls in residential areas and multifunctional complexes featuring cinemas, swimming pools, and recreational spaces. For instance, the Galas shopping mall, with an area of over 13,000 square meters, will launch in the third quarter of 2025. Simultaneously, the Washington City multifunctional complex will incorporate residential buildings, a business center, public spaces, and a shopping center. The leasable area of the shopping center will be 18,300 square meters. Another project is the Cinematic shopping mall, which is being

Ukrgasbank, a state-owned entity, has issued a loan of ₴650.5M ($15.5M) to the Lviv City Council to fund a significant initiative focused on the sustainable growth of urban infrastructure. These funds are designated for the enhancement of facilities in education, healthcare, culture, and municipal infrastructure. This initiative is in line with the bank’s mission to promote sustainable urban development, foster inclusive infrastructure, and improve the quality of life in Ukrainian communities. Additionally, the Cabinet of Ministers has allocated over ₴597M

On Thursday June 12, two special investment agreements were executed between the Cabinet of Ministers, the Slavske Village Council (Lviv region), and investors – the Slavsky and Rozhanka Park companies. These companies will implement the investment project, totaling €140M, in collaboration with the Slavske Village Council beginning in the fall of 2024. This venture involves building the GORO Mountain Resort. In partnership with local authorities, the companies will establish new tourist infrastructure in the Carpathians, and the project is expected

This is the first time the Moscow-friendly leader has visited Ukraine during his 12 years in office. Senior officials from 12 Southeastern European nations joined the summit, hosted by President Zelenskyy. During the meeting, Vucic, who has met Zelenskyy at least three times before, indicated that Serbia could aid Kyiv in the reconstruction of Ukraine’s war-affected areas. The Serbian President, who navigates relations between Russia and the West, noted his abstention from signing the joint declaration at the summit, highlighting Serbia’s

This set of EU sanctions includes proposals to impose restrictions on nine individuals and 33 legal entities, focusing on Russian and foreign firms that assist the military-industrial complex, including the Russian Direct Investment Fund. Moreover, it seeks to impose sanctions on the Nord Stream 1 and Nord Stream 2 gas pipelines to entirely prevent their future operation. In addition, Brussels is recommending a decrease in the price cap for Russian oil from $60 to $45 per barrel. At the same