Economy
Germany
Ukraine Fights for $48 million in Assets of Nationalized Russian Bank Subsidiaries
Ukraine nationalized subsidiaries of Russian banks right after Russia’s invasion, but the fight for their cash abroad – and compensation for the war – is still ongoing.
April 30, 2025
War in Ukraine
Ukraine Passes Another Debt Restructuring Milestone – Ukrenergo Agrees New Creditors’ Bond Terms
Ukrenergo issued a 5-year Green and Sustainability-linked Eurobond in 2021 but has had to renegotiate its terms following Russia’s full-scale invasion.
April 30, 2025
VRI Restructuring Offer Unimpressive for Investors
Ukraine announced the results of its debut attempt to agree the terms of VRI restructuring – the initial offer was rejected by investors. Weekly Insight for April 28
April 29, 2025
Cyberattack
Ukraineʼs Epicentr Resumes Operations Following Hacker Attack
The home improvement hypermarket chain has opened for business again despite still facing technical issues caused by the cyberattack in some stores.
April 29, 2025
Energy
Former CEO of Ukrnafta Appointed Head of Naftogaz
Sergii Koretskyi, a prominent senior manager in Ukraine’s oil and gas industry will become CEO of Naftogaz on May 14.
April 29, 2025
War in Ukraine
IMF Downgrades Ukraine’s Economic Growth Estimate by 2%
Worse economic performance is expected due to Russian bombing of energy infrastructure, lack of workforce, and war uncertainty – but Ukraine’s economic team is doing an “extraordinary job,” IMF says.
April 28, 2025
Economy
Ukraine’s Central Bank Estimates 0.5% Real GDP Growth in Q1 2025
This is 0.5% lower than independent estimates, showing the overall slowdown of the economy due to Russia’s attacks.
April 27, 2025
Poland
Polish Getin Holding Finalizes $36.5 million Sale of Idea Bank to Ukrainian TAS Group
Getin Holding returned the funds it had deposited in Idea Bank amounting to $326,400, closing the deal signed in October 2024.
April 26, 2025
Private Sector’s Important Role in Ukraine Reconstruction: World Bank President
World Bank issues Ukraine damage need estimate.
April 26, 2025
Ukraine
Naftogaz Secures $307M EBRD Loan to Bolster Ukraine’s Gas Supply
The cash will help Naftogaz build up gas supplies for the next two winters, but the volumes of purchased gas depend on the prices, Vice President Matteo Patrone told Kyiv Post.
April 25, 2025
Ukraine
Naftogaz Secures 3rd LNG Deal, Buying 100 Million Cubic Meters From Orlen
Naftogaz purchased 300 million cubic meters of LNG to prepare for the winter after Russia disrupted half of Ukraine’s domestic gas production.
April 25, 2025
Ukraine
Ukraine Fails to Restructure $3.2B in GDP Warrants, Creditors Reject Deal
Ukraine has been working on restructuring of the GDP warrants since 2024 Eurobond restructuring, but so far it has achieved no result despite communication between the government and hedge funds.
April 24, 2025
War in Ukraine
Oschadbank Seizes Russian Assets in France Worth $99M That Russia Stole From Crimean Branch
Ukraine’s state-owned bank was awarded compensation after Russia illegally seized its assets from Crimea in 2018 and has been fighting to secure the cash since then.
April 24, 2025
Russia
2025 Outlook for Russian Economic Growth – IMF Estimates 1.5%
Russia’s rate of growth is still low, which is likely to be exacerbated by tariffs and lower oil prices, according to the IMF’s World Economic Outlook.
April 23, 2025
US
Gold Price Hits Record $3,500 Tuesday, Falls 2.2% Wednesday
In periods of increased uncertainty, investors intend to turn to “safe-haven” assets like gold – IMF economist.
April 23, 2025
Ukraine
EU Commission Says Screening for Ukraine’s Accession to Europe Is Going ‘With Unprecedented Speed’
The EU Commission is inching closer to completing Ukraine’s screening process to kick off EU ascension talks – but an official decision is not expected until this fall.
April 23, 2025
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