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Ukraine
Ukraine and GDP Warrant Holders Terminate Negotiations Without Agreement
Ukraine failed to reach an agreement with holders of its $3.2 billion GDP warrants to restructure the securities. The government says it will keep seeking solutions to ensure debt sustainability.
Nov. 9, 2025
EU
Ukraine’s Central Bank Reports Record Reserves of $49.5 Billion (NBU data)
NBU reported a record $49.5 billion in foreign reserves in October 2025. The bank said strong inflows from partners, including the EU and World Bank, helped stabilize the currency market.
Nov. 8, 2025
Europe
Ukraine’s Naftogaz Boosts US LNG Imports, Finds Second Supplier Amid Russian Strikes on Energy Grid
Naftogaz signs a deal with Greece’s ATLANTIC-SEE to import US liquefied natural gas, strengthening Ukraine’s gas infrastructure and heating supply under Russian attacks.
Nov. 8, 2025
NBU (National Bank of Ukraine)
NBU Declares RwS Bank Insolvent After Months of Risky Operations
The National Bank of Ukraine declared RwS Bank insolvent after months of risky activity and failure to meet capital requirements – the bank is close to Poroshenko’s lawmaker.
Nov. 6, 2025
Europe
Ukraine Risks Losing $6B from EU in 2025 Over Reform Delays
Ukraine may miss €5.2 billion ($6 billion) in EU aid this year after failing to meet key reform indicators under the Ukraine Plan, a new RRR4U monitoring report warns.
Nov. 5, 2025
Europe
Ukrainians Stop Following Euro-Buying Trend Despite US Uncertainty
Ukrainians kept their euro demand steady in Q3 2025, matching last year’s levels despite ongoing US uncertainty, the NBU’s 2025 October Inflation report says.
Nov. 4, 2025
Economy
NBU Sees Lack of Unified Inflation Expectations Among Ukrainians
Ukraine’s central bank keeps rate unchanged, while inflation expectations are uneven and pro-inflationary risks are rising. Economists continue to debate on the matter.
Nov. 2, 2025
EU
ICU Macro Insight: EU Reparations Loan Could Anchor Ukraine’s Stability Amid War-Time Pressures
ICU forecasts Ukraine’s GDP growth at 2.5% in 2025, warning that without the proposed EU reparations loan, fiscal stability and FX control could face strain amid a deep current-account deficit.
Oct. 30, 2025
Ukraine
Dragon Capital Lowers Ukraine’s 2025–2026 Growth Forecast as Russia Ends Energy Truce
Dragon Capital revised Ukraine’s GDP forecast down to 1.7% in 2025 and 1% in 2026 after Russia resumed energy attacks, while the EU’s planned “reparation loan” could boost reserves to $50B.
Oct. 30, 2025
Economy
Ukraine’s War Budget Shortfall Nears $53 Billion as Defense Costs Soar, KSE Report Finds
Ukraine’s 2025–2028 budget gap may hit $53B, nearly double July’s estimate, KSE warns. The think tank urges swift IMF and EU aid as rising defense costs threaten Ukraine’s financial stability.
Oct. 30, 2025
Europe
ANALYSIS: Ukraine’s $1.14 Billion EU Export Loss Cut to $253 Million After Reorientation, Economists Estimate
Independent research estimated high losses from lower access to the EU markets – but market reorientation is rapidly improving the situation, potentially averting tragedy.
Oct. 29, 2025
Energy
Ukraine Gets Project-Based Investments Under EU’s Financing for Recovery
International financial institutions approved extra funding for Ukraine’s recovery projects under the EU’s €50 billion Facility, backing agriculture, transport, energy, and social housing.
Oct. 27, 2025
Ukraine
EU Leaders Stall Reparation Loan Talks as Belgium Insists on Legal Guarantees
EU leaders failed to approve a €140 billion ($162 billion) reparations loan for Ukraine, with Belgium blocking the plan over legal and financial risks tied to frozen Russian assets held in Brussels.
Oct. 24, 2025
Ukraine
Ukraine’s Central Bank Says It Won’t Rush Currency Devaluation Despite IMF Pressure
Ukraine’s central bank kept its key rate at 15.5%, despite the “sticky” inflation situation after energy strikes, and won’t rush to weaken the hryvnia or cut rates before early 2026.
Updated: Oct. 24, 2025
Europe
EU Postpones Decision on ‘Reparations Loan’ Backed by Frozen Russian Assets
Although the $140 billion plan has not been shelved, Belgian Prime Minister Bart De Wever said that he would do “everything in his power” to prevent it unless his concerns are addressed.
Oct. 23, 2025
Ukraine
Ukraine’s Parliament Approves 2026 State Budget Draft in First Reading
Ukraine’s parliamentary Budget Committee is calling for more funds for defense, education and demining, while pledging to keep the deficit under control.
Oct. 22, 2025