Ankara continues to quietly permit defence sales to Kyiv despite attempting to serve as a neutral mediator in the conflict with Russia.
As Kyiv would be entitled to approximately €186bn of EU subsidies over seven years, that would cause a revolution in how Brussels’ budget is generated and force a deep reform on the way the EU works before Ukraine can be admitted.
The European Union has voted through a new multi-year budget for 2021-2027 that locks in €50bn of funds for Ukraine, but new US spending bill excludes Ukraine.
The National Bank of Ukraine (NBU) has officially declared the end of the 18-month-long fixed-exchange-rate regime and introduced a "managed flexible" exchange-rate system, effective from October 3.
Budapest has used OTP being on the sponsors of war list as a pretext to block EU aid to Kyiv.
Ukraine hosted an international defence industry conference in Kyiv on September 30. The country hopes to attract international arms manufacturers and make Ukraine a “large military production hub" to break the stalemate on the battlefield.
To enable enlargement of the bloc from the current 27 members, changes to decision-making processes, agricultural policies and regional aid budgets are being considered.
The Ukrainian government has published a draft budget for 2024, but raising enough money to fund the war effort and keep the economy working is going to be a struggle.
Ukrainian banks continued to earn strong profits in the first eight months of 2023, recording a profit of UAH 95.1bn ($2.5bn), according to National Bank of Ukraine (NBU) data.
High gas prices, China slowdown and shifts in industrial production contribute to slower growth in Central Europe.
Russian Foreign Minister Sergei Lavrov claimed a peace deal was reached with Ukraine last April, saying all the points were initialled before the deal was abandoned under Western pressure in his “Empire of Lies” speech at the UN on September 23.
Retail trade turnover in Ukraine is bouncing back thanks to the stabilisation of the economy and low base effects, Ukrstat reported on September 26.
The National Bank of Ukraine (NBU) says a reduction in the key policy rate to 18% by the end of the year as part of its efforts to support economic recovery is likely, UBN reported on September 26.
In a major embarrassment for Canada, it was revealed that a Ukrainian veteran, invited to Canada’s parliament on the occasion of a visit by Ukrainian President Volodymyr Zelenskiy at the weekend, had served in the Waffen SS during WWII.
A release by the World Trade Organisation shows that both trade between as well as trade within blocs has suffered as sanctions and blockades in the aftermath of the Russian invasion have stood in the way of trade flows.
The earth’s energy is out of balance and the world is starting to cook, says a new report. The authors include James Hansen, who testified to the US Congress on global heating as long ago as 1988.
The United States and its European allies are an "empire of lies," undertaking commitments it has no intention of fulfilling, Russian Foreign Minister Sergey Lavrov told delegates in his speech at the 78th United Nations General Assembly.
Ukraine puts in first GDP growth since the war began of 19.5% as the economy starts to stabilise and low base effects push growth numbers up. The economy grew 0.8% on a q/q basis.
On December 16 the European Council starts negotiations with Kyiv to join the EU. But while no one expects the process to go quickly, Ukraine cannot join at all unless the EU first reforms its Common Agricultural Policy.
Under the leadership of Semen Kryvonos, the newly appointed head of Ukraine's National Anti-Corruption Bureau (NABU), concerns grow about the bureau's independence, as it appears to be falling under the influence of the president’s office.