Economy
False information in the ESBU’s financial statements could result in criminal liability for its management – says a retired judge
The ESBU has been accused of inflating the figures for budget compensation in 2025 from 47 million to 3.8 billion hryvnia. The management faces criminal proceedings for falsifying the report - UNN
The Verkhovna Rada has approved an increase in defence and security spending
The Verkhovna Rada has passed Bill No. 15224 at its second reading and in its entirety, thereby increasing this year’s state budget at the expense of a European loan that MPs ratified at the end of May.
The introduction of fuel with a high bioethanol content will enable Ukraine to reduce its petrol imports, says an expert
Expert Serhiy Kuyun commented on the introduction of new petrol standards at Ukrainian petrol stations. According to him, one of the main innovations is the E10 standard. This type of petrol contains 7% or more bioethanol, and its use will help reduce fuel imports and have a positive impact on the economy.
Parliament has approved the ‘OLX tax’: what will change for sellers
The Verkhovna Rada has passed Bill No. 15111-d on the taxation of income earned through digital platforms. This applies not only to OLX, but also to marketplaces, rental services, freelance platforms, transport services and other online platforms. The new rules are set to come into force no earlier than 1 January 2027.
There are plans to reduce the tax on flat rentals: how much will landlords have to pay?
From 1 January 2027, the personal income tax on rental income from letting property to other individuals may be reduced for owners of flats and houses. According to MP Nina Yuzhanina, the rate is set to be reduced from 18% to 5%, but the 5% military levy will remain in place.
Russian oligarch warns of the risk of 3 million job losses due to the artificial strengthening of the rouble
Russian oligarch Oleg Deripaska has spoken out against the strengthening of the rouble, stating that the current exchange rate is already causing serious problems for the Russian economy
The dollar exchange rate in Ukrainian banks has almost reached 45 hryvnias
Ukrainian banks have updated their exchange rates for 9 June. The average selling rate for the dollar has risen by 21 kopecks and is now approaching the psychological threshold of 45 hryvnias.
"If institutions fail to do their job, we see the shadow economy flourishing," - says Anna Derevianko
Anna Derevianko stated that over 40% of Ukraine’s economy operates in the shadow economy. And due to a relaxation of controls, grey-market schemes have even spread to the healthcare sector. Yet it is precisely the formalisation of the economy that would make it possible to avoid tax increases.
Reports are emerging from Crimea of food shortages and restrictions on sales in shops
In the temporarily occupied Crimea, local residents are increasingly reporting that essential goods are disappearing from shop shelves. A number of retail chains have already introduced restrictions on the sale of certain items to a single customer.
The government has allocated 2.3 billion hryvnias to prepare schools and universities for winter
The Cabinet of Ministers has allocated 2.3 billion hryvnias to support schools, colleges and universities ahead of the 2026/2027 heating season. The funds will be used for backup power supplies, energy independence, utilities, shelter and the restoration of damaged buildings.
Yemeni Houthis have announced a blockade of the Red Sea — targeting Israel
The Iranian-backed Yemeni group Ansar Allah, known as the Houthis, has announced a blockade of shipping in the Red Sea for Israeli vessels.
Ukraine has received the seventh tranche of €2.8 billion under the Ukraine Facility programme
On 8 June, Ukraine received the seventh tranche of funding from the European Union, totalling €2.8 billion, as part of the Ukraine Facility programme.
