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A study by the EBA showed that the demand for financing among micro, small, and medium-sized enterprises remains high: 59% are seeking long-term loans, and 40% are seeking short-term options. At the same time, 38% of respondents said that lending is difficult, and another 14% said that access is completely unavailable. The main barriers for businesses are high interest rates (67%), collateral requirements (43%), complex procedures (31%), and a lack of suitable products (26%). Perhaps as a result, 44% of

The Institute for Automotive Market Research, after analyzing the structure of primary registrations of imported used cars by fuel type in the first half of the year from 2022-2025, reported that gasoline cars are in highest demand among Ukrainians. In the first half of 2025, they accounted for 46.1% of the market, compared to 47.6% last year. The popularity of gasoline cars persists due to a wide selection of models in Europe, significant imports from the US, and relatively simple

According to Vladyslav Vlasyuk, Ukraine’s sanctions commissioner for President Volodymyr Zelenskyy, the EU is already working on its 19th Russian sanctions package. Kyiv has submitted its proposals to Brussels, including new restrictions on Russian oil infrastructure such as the captains of the shadow fleet, sea terminals, port infrastructure, and insurance companies. Ukraine has already aligned its national restrictive measures with the 18th EU sanctions package. Sanctions have also been targeted against 95 enterprises and individuals supplying critical materials to the

Ukrainian bonds demonstrated their largest gain in a month right directly following US President Donald Trump’s increased pressure on Russian dictator Vladimir Putin to quickly end the war in Ukraine. The country’s dollar-denominated bonds maturing in 2035 and 2036 gained nearly 1.5 cents. Ukraine currently has six out of the eight best-performing bonds in emerging markets as of Monday. Yesterday, the US president stated during a visit to Scotland that he would set a new deadline of 10-12 days for

The US and the EU have agreed on a trade deal that will impose a 15% tariff on most EU exports, including cars, semiconductors, and pharmaceuticals, starting August 1. To replace Russian energy, the EU agreed to buy $750B in US energy products, invest an additional $600B in the US, and purchase “vast amounts” of military equipment, said Trump. The energy agreement aims to reduce European reliance on Russian energy and deprive Moscow of billions of dollars to fund its

According to Deputy Chairman Serhiy Nikolaychuk, if international assistance proves insufficient, the National Bank, together with the Ministry of Finance, is preparing to implement alternative mechanisms to support the budget. There is a plan for such a scenario, but it involves a tighter monetary policy, which could impact the financial market and slow the pace of economic recovery. He stated that the budget deficit in 2026 will be 19% of GDP. Next year, Ukraine needs approximately $35B, with about $13B

President Zelenskyy approved Law No. 12374-d, which enhances the institutional capacity of the National Agency of Ukraine for the Identification, Search, and Management of Assets Derived from Corruption and Other Crimes (ARMA), and to improve asset management systems. The law outlines ARMA’s reform, including new requirements for its head, a selection process involving international experts, a transparent asset management system, and increased oversight of asset transfers. It is expected that this reform will help secure around €600M in EU financial

Ukrainian Ambassador to Germany Oleksiy Makeyev stated that the German government has allocated €8.3B for Ukrainian military aid in this year’s budget. “All previous government projects provided for €4B, and this amount was increased in parliament during the budget process. Now, €8.3B has been allocated for 2025, with €8.5B planned for 2026 and 2027,” the diplomat added. He emphasized that Germany has also eliminated its ceiling on defense spending and started purchasing Ukrainian weapons for the Armed Forces of Ukraine

The Cabinet of Ministers approved a decision to simplify procedures for restoring gas transportation facilities and power lines. This will enable energy companies to hasten construction and reconstruction projects, including the installation of special jumpers for reverse gas supply. Simplifying these processes will also help accelerate technical solutions that increase the flexibility and reliability of electricity and gas transit systems. The decision is strategically important for heating season preparations and to enhance the energy system’s resilience during wartime. Meanwhile, state

From January to July 2025, the Defense Procurement Agency (DPA) increased contracts for domestic weapons by ₴158B ($3.8B) compared to the same period last year. This has led to the share of domestically produced weapons and equipment in total DPA procurement rising to 71.4% (compared to 44.1% a year earlier). DPA Director Arsen Zhumadilov emphasized, “When there are clear rules and a clear logic of interaction, manufacturers scale up. The growth in contracts with Ukrainian enterprises is a result of

According to Minister of Digital Transformation Mykhailo Fedorov, by July 2025 winners of the Ukrainian Startup Fund program had already attracted over $50.9M in outside investments. These funds are now helping to transform various sectors of the economy. The minister highlighted projects that are currently developing technologies that are creating new markets across different industries. Specifically: Esper Bionics – developed bionic prostheses that are connected with a cloud service that “learns” the user’s habits. The company is pioneering a new

Polish energy firm Unimot has invested PLN 400,000 (over $110,000) in newly formed company PZL Defence, which will focus on developing and manufacturing UAVs and anti-drone systems. “We see the growing importance of unmanned technologies for regional security. Therefore, we are joining a project that combines Polish engineering and the unique Ukrainian experience gained in real combat conditions,” said Unimot CEO Adam Sikorski. After registering PZL Defence, Unimot will hold 40% of the shares, PZL Sędziszów will hold 10%, and

Since the beginning of 2025, 4,113 companies have joined the list of businesses that meet transparent business conduct standards in Ukraine, while 3,228 have dropped out. In total, there are now 8,882 companies in the “white business club,” which is 885 more than at the start of the year. Among the participants, six companies are already suspended, one is in bankruptcy proceedings, and one has open tax proceedings due to debt. Additionally, as of the start of the full-scale invasion

According to Reuters, US President Donald Trump is unlikely to impose the promised 100% tariffs on countries that buy Russian oil. Trump has already threatened similar measures against countries that purchase oil from Venezuela but has not implemented the tariffs. Experts say that introducing 100% tariffs on Russian oil could result in the removal of over 4.5 million barrels of raw material from the market each day. Additionally, the US risks severing trade ties with other nations and causing a

President Volodymyr Zelenskyy has tasked Ukrainian manufacturers with ensuring that the country has at least 500-1,000 UAVs at its disposal every day. He has given his assurance that government officials would secure contracts for these drones and is working with allies to avoid funding shortages. “The total and urgent cost of this issue is now $6B,” the president stated. Zelenskyy mentioned that currently there are four top defense companies that produce interceptor drones, and in the future, ten manufacturers will

The European Parliament is exploring proposals to accelerate the EU’s phase-out of Russian gas by one year, aiming for January 2027. EU countries and their lawmakers are preparing to negotiate an EU plan to ban Russian gas imports, building on a legal proposal that the European Commission submitted last month to completely cease Russian gas imports by January 1 2028. Meanwhile, EU natural gas futures prices fell below €32/MWh for the first time in three months on June 25. Prices

According to European Commission spokesman Guillaume Mercier, the fourth installment of financial aid to Ukraine in 2025 under the Ukraine Facility mechanism, which Ukraine requested in June, will be smaller than planned because Ukraine has not completed 3 of the 16 required reforms. This tranche is the largest both in terms of money at stake and in the number of reforms required. If all reforms are completed, Ukraine would receive €4.5B. Mercier noted that the EC has approved 13 reforms

President Volodymyr Zelenskyy, speaking to journalists, said Ukraine must close an annual budget deficit of about $40B, with an additional $25B needed for domestic production of missiles, drones, electronic warfare systems, and other required equipment and supplies. In total, Ukraine requires $65B in funding. He mentioned that he had started discussions on financing with leaders from the EU, the US, NATO, France, and the UK. According to Zelenskyy, “there is still a program for financing our army in the future.”

According to the DREAM state portal, the estimated maximum public investment in housing restoration and social rental stock for 2026-2028 amounts to ₴18.4B, while the sector’s priority needs are ₴133B ($3.2B). The financial requirement for restoring apartment buildings is ₴115.1B ($2.75B). In 2026, 2,600 apartment buildings should be restored; in 2027, 4,000; and in 2028, 5,300. The need for constructing social housing is ₴17.8B ($430M). By the end of 2026, it is planned to build 1,300 apartments, providing social housing

Polish businesses are applying to the Polish State Development Bank (BGK) for preferential loans to invest in Ukraine’s reconstruction and modernization projects, including roads, energy networks, and industrial facilities. The program’s total budget is PLN 250M ($55.25M), with a maximum loan of PLN 10M at 2% annually. Meanwhile, Ukraine and Slovenia have agreed on new recovery projects in housing and communal services for frontline regions. These include water supply, energy efficiency, and infrastructure development. They also plan Slovenian company involvement