Economy

Despite the existence of preferential schemes, mortgages in Ukraine remain out of reach for most people. Danylo Getmantsev, Chair of the Verkhovna Rada’s Finance Committee, has spoken about a new large-scale government initiative

Ukraine is no longer just dreaming of the EU market — our products are already well-known and loved there. Over the past two years, the share of sales to the EU has risen to 36%. Ukrainian butter, cheese and milk are now becoming a familiar sight on the shelves of European shops

A popular postal operator has announced a review of its pricing policy due to rising energy and logistics costs. Despite the price changes, a number of customer services will remain free of charge

On the morning of 3 April, the Swedish Coast Guard detained a vessel off the coast of Ystad that is suspected of being involved in an oil spill in the Baltic Sea. The vessel in question is the tanker Flora 1, which is on the EU sanctions list and bears the hallmarks of Russia’s so-called shadow fleet.

Luxembourg tops the ranking of European countries in terms of net hourly wages. According to the latest Eurostat figures, workers there earn an average of €49.70 per hour after tax, whilst the lowest figures were recorded in Bulgaria, Romania and Latvia.

Speaking to journalists, President Volodymyr Zelenskyy outlined the key challenges facing Ukraine in the areas of defence, diplomacy and financing. He discussed US military aid, the threat of further Russian attacks, the negotiation process, security guarantees and cooperation with countries in the Middle East.

Ukraine has already begun preparations for the coming heating season and the restoration of its energy infrastructure following Russia’s attacks this winter. According to President Volodymyr Zelenskyy, work is already underway at 245 sites across the country, although the €90 billion European support package remains blocked.

Vladimir Kudritsky, former head of the National Energy Holding “Ukrenergo” and founder of Ne Gen, stated that the return of power cuts this spring is not due to a new cyberattack or cold weather, but to the NEURC’s decision on price caps for non-domestic consumers.

Despite the sanctions, Russia’s missile production remains dependent on imported chemical raw materials. Documents analysed by StateWatch show that European-produced cellulose acetate was channelled via intermediaries and civilian companies to the Perm Gunpowder Plant, which supplies fuel for the Russian Federation’s missile systems.

A significant portion of the infrastructure in the Russian port of Primorsk on the Baltic Sea has been damaged as a result of drone attacks. This is one of the country’s key export hubs.

The threat of Iranian control over the Strait of Hormuz is forcing countries in the region to reconsider their plans for alternative routes for oil and gas exports. These are large-scale infrastructure projects, the implementation of which could take years.

Ukrainians may have their housing benefit amount reviewed if their household’s average monthly total income has changed by more than 50% either upwards or downwards. Such a recalculation is carried out automatically twice a year.