A government-proposed tax increase in Ukraine is key to maintaining support of foreign donors and bondholders who seek greater guarantees of medium-term stability, IMF Ukraine mission Chief Gavin Gray said. "The donors are looking for Ukraine to play its part in progressively becoming more self-reliant,"
Indian Prime Minister Narenda Modi intends to discuss the prospects for peace as well as the reconstruction of Ukraine in his visit this week with Ukrainian President Volodomyr Zelensky, The Print reported, citing unnamed diplomatic sources. Modi, who arrives in Kyiv on Aug 23 after a two-day visit to
This review of Ukraine's premier legal directory "Ukrainian Law Firms. A Handbook for Foreign Clients," is written mainly with an eye to foreign investors interested in the reconstruction of Ukraine. The 10 law firms covered individually here include Sayenko Kharenko, Asters, Integrites, Baker McKenzie, Avellum, Dentons,
Peikko Group, a Finland-based global supplier of construction industry solutions, will build a factory and warehouse in the central Ukrainian city of Bila Tserkva in preparation for an expected surge in demand for the reconstruction of Ukraine. The group, which supplies concrete connections and slim floor structures worldwide, plans
European Union Energy Commissioner Kadri Simson called for immediate action to help Ukraine repair heating and power facilities, decentralize energy production, install rooftop solar systems and expand interconnection capacity within months.
The Ukrainian government will miss Penny Pritzker's "Chicago style of doing things" now that she has been replaced as the US envoy for the reconstruction, Ukrainian Minister of Strategic Industries Oleksandr Kamyshin said. Pritzker, who finished her one-year term as envoy this month, gained a
Timothy Snyder, the celebrity US historian, and actor Mark Hamill, the original Luke Skywalker, joined a campaign to raise $441,000 to buy 30 demining robots to clear land in Ukraine for civilian use and the reconstruction of the country. "This is a new campaign, starting right now, to
The Ukrainian military's surprise advance into Russian territory this month has cast a new light on the war in Ukraine. Once seen as battered and increasingly willing to make concessions for peace, Ukraine is now viewed as stronger, more energized and more likely to stay in the fight
Ukraine has exported 64.4 million tonnes of cargo, including 43.5 million tonnes of farm goods, through the Black Sea maritime transport corridor since it opened a year ago, the Infrastructure Ministry said. Some 2,379 ships have supplied goods to 46 nations through the corridor, which opened with
Ukraine's government will cover up to 50% of the cost of reconstruction, or construction, of irrigation systems for farmers and will pay them to keep farming in frontline areas, Prime Minister Denys Shmyhal said. The funds will come from a UAH 200 million ($4.9 million) allocation from
(Below is the introductory article in a URN series, to be published over the coming weeks, on medical and industrial cannabis in Ukraine, its potential uses in the reconstruction of the country and the possibilities for foreign investors.) Today, Aug. 16, the law regulating cannabis in Ukraine changes. The new
At least 1,646 medical facilities have been damaged and 215 have been completely destroyed in fighting in Ukraine since Russia's full-scale invasion of February 2022, Ukraine's Health Ministry said. At the same time, 587 ambulances have been destroyed, damaged or seized by Russian forces.
Ukraine's government has approved a plan to boost renewable energy to account for 27% of all energy consumed in the country by 2030, with a total investment of $20 billion. The sector will add 10 gigawatts of new generation capacity within six years, bringing the portion of renewables
The European Bank for Reconstruction and Development (EBRD) has agreed to lend €70 million to help Nova Post, a private Ukrainian postal and courier company, expand and upgrade operations. The loan aims to help the company expand its parcel locker network by 25% and start running it 24 hours a
Fitch downgraded Ukraine's credit rating to Restricted Default after the country temporarily defaulted on its 2026 Eurobond payment as part of a $20 billion debt restructuring plan. The ratings agency cut Ukraine's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'RD' from
Ukraine received a €4.2 billion transfer under the European Union's €50 billion Ukraine Facility package of grants and loans aimed at helping rebuild the country, Economy Minister Yulia Svyrydenko has said. The payment comes after Ukraine met nine conditions for the payment, including digitizing the customs service,
