The losses, the damage, the insurance and the war.
Expectations of Ukrainian businesses deteriorated in December amid growing uncertainty about the future of foreign aid, trade disputes with neighbors and the ongoing war, according to a monthly survey by the country's central bank. The National Bank of Ukraine business activity expectations, which measures current business assessments and
Ukrainian mine clearance teams and surveyors have given farmers back 205,000 hectares (506,000 acres) of farmland this year that was deemed a priority for de-mining, Ukrainian Economy Minister Yulia Svyrydenko said. The total represents almost 44% of the 470,000 hectares of farmland that the government had
Corruption poses a bigger threat to the reconstruction of Ukraine than renewed fighting once the war ends, according to a survey of Ukrainians taken for Transparency International. Some 79% of Ukrainians cite "lack of control and embezzlement" as a top concern regarding the reconstruction of the country, the
Ukrainian businesses remained slightly pessimistic about their short-term outlook for a second straight month in November, led by further deterioration of the outlook in the construction sector, according to the National Bank of Ukraine. The central bank's monthly business activity expectations index fell to 49.1 in
Industrial electricity consumers in Ukraine can now import power from neighboring countries to offset power disruptions caused by Russian attacks, severe weather and other disturbances, the Ukrainian government said. Companies that import electricity will not be subject to any energy supply restrictions except for "special emergency cut-off schedules&
More than 10,000 civilians have been killed and more than 18,500 injured in fighting in Ukraine since Russia invaded the country in February of last year, according to a report by the UN Human Rights Office. The elderly account for an outsized share of the deaths because they
The Ukrainian government is working to create a War Risk Reinsurance Fund to encourage private investment into the country even before the war with Russia ends, Economy Minister Yulia Svyrydenko said. The fund, to be created with international financial institutions and other foreign partners, is meant to help attract large
Increased resilience among businesses and people in war-time buoyed Ukraine's economy this year, the International Monetary Fund said. But beyond that, forecasting is clouded by numerous major uncertainties. "Despite recent positive outturns, the duration and intensity of the war present a considerable risk to the economic
Josep Borrel, the European Union's top diplomat, said the fresh outbreak of violence in the Middle East is having a "lasting impact" on policy for Ukraine, and called on European nations to stay unified in their support for the besieged Eastern European nation. "Let’s
European and US officials have started "quietly" talking with the Ukrainian government about what peace talks with Russia might look like, NBC News reported, citing a "current senior US official and one former senior US official familiar with the discussions." The television news channel reported online
The UK government has promised to back a plan by the European Bank for Reconstruction and Development (EBRD) to create war-risk insurance coverage for companies that want to invest in the rebuilding of Ukraine. The UK signed a "war-risk insurance Statement of Intent" with the EBRD
Some 59% of Ukrainians say they have seen "positive signs" in recent months in their country's fight against corruption, according to a survey by the Kyiv International Institute of Sociology (KIIS). At the same time, 36% believe their nation is "hopelessly corrupt," showed the
The German government has agreed to provide war-risk insurance to building materials manufacturer Fixit to open a second factory in Ukraine even as fighting continues, Ukrainian Prime Minister Denys Shmyhal said. Fixit, which built its first Ukrainian factory in the western city of Lviv before the full-scale invasion
Palantir Technologies, the US data analysis firm, will help Ukraine clear its territory of land mines using artificial intelligence, Ukrainian Economy Minister Yuliia Svyrydenko said. The ministry said a de-mining system designed with Palantir, the firm founded by US billionaire Peter Thiel which is known for its contracts with
