Economy - Latest news

05 October 2023


Ukraine's GDP to grow by 3.5% this year - World Bank

The World Bank says that despite the Russian invasion, Ukraine's economy is showing signs of moderate recovery due to more reliable electricity supplies and steady receipt of aid from Western powers. This year, GDP is expected to grow by 3.5%.

04 October 2023


EBRD notes importance of continuous support for Ukraine

A sustained high level of support for Ukraine is a key challenge ahead, the European Bank for Reconstruction and Development(EBRD) said on Monday, October 2, after further military funding was excluded from a U.S. congressional budget deal.

03 October 2023


European Parliament supports €50B Ukraine Fund

The European Parliament (EP) by a majority vote adopted a resolution in support of the European Commission's (EC) proposals to revise the EU's 2021-2027 multiannual budget, which, in particular, include provisions for the establishment of a special EUR 50 billion Ukraine Fund to provide financial support to Ukraine during the war and for its post-war recovery.

02 October 2023


EU may approve EUR 5B in military aid for Ukraine this year - Borrell

The European Union continues to provide Ukraine with military aid, including weapons, ammunition and military equipment, as well as training for military personnel, and may agree to allocate this year the first EUR 5 billion under the European Peace Facility for the next year.

01 October 2023

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