The National Bank of Ukraine (NBU) said on Thursday that Revolut needs a license to operate in Ukraine after the UK-based fintech said earlier this month it had launched services in the country. Ukraine's central bank said that Revoult is providing services to Ukraine's residents
European leaders are considering appointing a special envoy to represent the European Union in possible talks to end the war in Ukraine, unnamed sources told Bloomberg. The leaders will discuss the proposal at an emergency meeting set for March 6 in Brussels to discuss possible increases in European defense spending
Ukraine's state-owned Oschadbank and the energy trading firm Energy Company of Ukraine (ECU), also state-owned, have established a joint program to make it easier to lend to and implement new energy projects in Ukraine's local communities. The ECU will analyze the economic and technical
Ukraine's Ministry of Finance and the National Bank of Ukraine carried out the country's first "switch auction," a mechanism that eases the exchange of old government debt into new debt, using the new Bloomberg Auction System, according to a press release. Ukraine has been
Ukrainian authorities need to prepare for the possibility that many of the nearly 7 million citizens who fled the country as refugees will remain abroad even after the war ends, says researcher Olga Tokariuk in a new paper published by Chatham House.
The European Bank for Reconstruction and Development (EBRD) estimated that Ukraine's economy would grow by 5% in 2026 if the agreement to end the war with Russia is reached this year. The EBRD also lowered the forecast for Ukraine's 2025 growth, to 3.5% from 4.
Horizon Capital, one of the largest private equity firms in Ukraine, is considering creating a fund that would invest in Ukrainian companies along with large foreign investors who need local expertise, the firm's CEO Lenna Koszarny said in an interview with Interfax-Ukraine. A large foreign investor "
Ukrainian President Volodymyr Zelensky stated on Wednesday that the success of the proposed minerals deal with the US depends on his broader discussions with US President Donald Trump and his commitment to supporting Ukraine. "This agreement can have a major success or quietly pass by. And I believe that
A preschool and a hospital have reopened in the western region of Lviv after refurbishments funded by the European Investment Bank (EIB). Lviv's St. Luke's Hospital, a vital emergency and specialized care center, has completed a €940,000 renovation to enhance services for its 50,000
Ukrainian titanium company Velta is in discussions with four US investors about possible joint mining and processing projects in Ukraine, CEO and majority shareholder Andriy Brodskyy told Forbes.ua in an interview. "Americans want to gain direct control or participation in projects, not just be buyers of raw materials,
Irish low-cost carrier Ryanair plans to have 5 million passengers annually in Ukraine in one to two years after the airspace opens, CEO Michael O'Leary told Reuters on Tuesday. "Straight out-of-the-box ... we have two million seats in there within six weeks (of the
The Kremlin on Tuesday appeared to reject US President Donald Trump's claim that his Russian counterpart would allow European troops to be deployed to Ukraine as peacekeepers, Reuters reported. Asked about Trump's comments, Kremlin spokesman Dmitry Peskov referred reporters to an earlier statement by Russia'
For two and a half decades, Colin Ross, the Ukraine country director for UK-based project management firm Gleeds has earned the type of experience that will prove invaluable for the coming full-scale reconstruction of Ukraine. Colin, originally from Scotland, has been mostly living and working in Ukraine since
Demand for office space in Kyiv increased in 2024, with take-up approaching pre-war levels, although companies seeking to lease offices were particularly attracted to properties equipped with air raid shelters, according to CBRE Ukraine. Full-year take-up of office real estate rose 42% in 2024 from 2023
