Economy

Inflation reached 7.5% - how will product prices change

The National Bank of Ukraine forecasts a moderate increase in inflation in the coming months, but expects prices to begin to stabilize next year. This was stated by the head of the NBU...

Drought and war threatens wheat in Ukraine

Drought in Ukraine is threatening next year's wheat crop, adding new challenges for farmers already suffering from severe weather...

Hotel "Ukraine" was sold for a record sum

The state enterprise "Ukraine Hotel", which is located in the center of Kyiv on Independence Square, was sold at an auction today for 2.5 billion hryvnias. This amount is more...

Why do Ukrainians receive less than the State Statistics Service shows

According to the latest data of the State Statistics Service of Ukraine, the average salary for the second quarter of 2024 increased by 22.1% to 20,964 hryvnias. At the same time,...

The Ministry of Economy reported an unexpected increase in Ukraine's GDP

In August 2024, the economy of Ukraine showed growth of 3.5% compared to the same period of 2023, and the growth of the gross domestic product (GDP) for eight...

The Czech Republic received 4.4 billion crowns from Ukrainian refugees: how they became an economic asset

The Czech Republic has earned 4.4 billion crowns from Ukrainian refugees over the past six months, underscoring the economic benefits of their stay in the country. This was made possible...

The European Union is ready to provide Ukraine with up to 40 billion euros in loans by the end of the year without US participation

The European Union plans to provide Ukraine with up to 40 billion euros in new loans by the end of the year, according to the British financial magazine Financial Times. This move is being implemented...

Banks may be required to disclose banking secrets and personal data upon police request

A new norm, which provides for the obligation of banks to disclose banking secrets and personal data of clients at the request of law enforcement agencies, was added to draft law No. 11043 before the second...

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