Economy

Hotel "Ukraine" was sold for a record sum

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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

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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

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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

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The Czech Republic earned 4.4 billion kroner from Ukrainian refugees over the past six months, underscoring the economic benefits of their stay in the country. It became possible...

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

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The European Union plans to provide Ukraine with up to 40 billion euros in new loans by the end of the year, as reported by the British financial magazine Financial Times. This step is done...

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

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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...

State budget project 2025: hryvnia exchange rate forecast, inflation and main financial indicators

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The Ministry of Finance of Ukraine presented the project of the State Budget for 2025, which foresees significant changes in the country's financial indicators. The budget is based on new forecasts regarding...

Foreign investments can triple Ukraine's defense potential

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During the Yalta European Strategy forum, the Minister of Defense of Ukraine, Rustem Umyerov, expressed confidence in the significant opportunities for the growth of the Ukrainian defense industry. In his speech...
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