Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7%

Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7%, Prime Minister Shmyhal announced last week. For reference, Ukraine’s prime rate has been 6% since June 2020.

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Ukraine’s coffee imports increased by 63% in the last five years

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Ukraine’s economic activity in the fourth quarter of last year was only down 1% yoy, far better than the forecast drop of 3%