Latest
War in Ukraine
Russia: Out of Cash, Full of Despair
Economist Yuriy Gorodnichenko highlights how the Kremlin’s economic choices prioritize war over citizens’ well-being: an unsustainable path that no propaganda can cover.
Sept. 29, 2025
War in Ukraine
EBRD Decreases Ukraine’s 2025 Economic Growth Forecast to 2.5%
The European Bank for Reconstruction and Development (EBRD) lowers Ukraine’s economic growth forecast by 0.8 percentage points for 2025, citing war risks, energy damage and weaker exports.
Sept. 27, 2025
Ukraine
Polish President Cuts Benefits For Ukrainian Refugees
President Nawrocki’s office said that the changes would end “tourism from Ukraine at the expense of Polish taxpayers.”
Sept. 26, 2025
Ukraine
Ukraine’s Economy Grew by 0.8% in Q2 2025 – State Statistics Service
The State Statistics Service’s estimate of Ukraine’s real GDP growth turned out to be lower than both the IER and Ukraine’s central bank had previously estimated.
Sept. 26, 2025
Energy
Russia Unveils 2026-2028 Budget With Contradictory Deficit Numbers
Russia’s 2026 draft budget shows $538bn spending vs $483bn revenue, implying $55bn of uncovered spending. It could be larger than the Finance Ministry’s 1.6% GDP deficit claim.
Sept. 26, 2025
Russia
EU ‘Reparations Loan’ May Be Worth up to €130B
Three senior EU officials reportedly gave Reuters this figure, but the exact worth of the loan will be finalized after an IMF assessment of Ukraine’s economic need.
Updated: Sept. 25, 2025
Ukraine
Naftogaz Gets $60M Ukreximbank Loan Ahead of Heating Season
Naftogaz has secured a $60 million advance from Ukreximbank to “support gas production needs,” alongside international support and LNG imports.
Sept. 24, 2025
Energy
Gasoline ‘Frequently’ Absent in Russia After Ukrainian Drone Attacks, Prices Surge
Some Russian regions have suffered fuel shortages, though not severe, but the Petersburg Exchange has tightened diesel and petrol trading rules to avoid price hikes.
Sept. 24, 2025
Kremlin Insists Economy Is Stable as Budget Deficit Hits $80B
The Kremlin says Russia’s macroeconomic stability is “absolutely secured,” even as its budget deficit surpasses $80 billion (approximately €70 billion) and oil prices tumble to around $65 per barrel (roughly $1.55 per gallon or €0.38 per liter).
June 23, 2026
