Economy
The Cabinet of Ministers has opened up access to international grants for defence technologies
The Cabinet of Ministers of Ukraine has approved the launch of Brave International — a unified system for cooperation with international partners aimed at developing defence innovations. This will enable the launch of joint grant programmes with a total budget of over 100 million euros.
The Ministry of Defence has announced a new tender for the procurement of 155-mm artillery ammunition for the Armed Forces of Ukraine
The Ministry of Defence is launching a new large-scale procurement programme for long-range 155-mm artillery rounds for the Defence Forces. The tender will be conducted by the Defence Procurement Agency (DOTA) in a closed environment for security reasons.
Wall Street is abandoning bets on a stronger euro in favour of the dollar
Wall Street’s largest financial institutions, including JPMorgan, Morgan Stanley and BNY Mellon, are backing away from betting on a stronger euro.
Reports are emerging from Crimea of mass redundancies due to a fuel shortage
Against the backdrop of the fuel crisis in occupied Crimea, local residents are reporting redundancies, delays in salary payments and enforced unpaid leave. Complaints are emerging from various towns across the peninsula.
An official at Ukrzaliznytsia is suspected of causing losses to the state amounting to 48 million hryvnias
The Kyiv Regional Prosecutor’s Office has notified the director of one of the branches of JSC ‘Ukrzaliznytsia’ that he is under suspicion. According to the investigation, in 2025 he organised auctions for the lease of freight semi-wagons using a scheme which, according to law enforcement officials, caused the state-owned enterprise losses of over 48 million hryvnias
Binance will cease providing services to customers in the EU due to the lack of a MiCA licence
The Binance cryptocurrency exchange will cease providing services to customers in European Union countries from next week. The company was unable to obtain the licence required to operate under the new MiCA regulations in time.
In one in four regions of Russia, petrol sales have been restricted due to the fuel crisis
The fuel crisis in Russia is worsening amid attacks on oil refining infrastructure. Restrictions on the sale of petrol and diesel have already been introduced in 24 regions of the country.
Energy Ramstein: Ukraine to receive at least 375 million euros in aid
Ukraine’s partners have announced at least €375 million in additional support for the restoration of energy infrastructure. The funds are intended to help repair damaged facilities, protect critical infrastructure and prepare the power system for next winter.
The Ukrainian insurance market could grow sevenfold following accession to the EU
Following Ukraine’s accession to the European Union, this sector could become a multi-billion industry. The National Bank forecasts that the insurance market’s share of the country’s economy could rise from the current 1 per cent of GDP to 5–7 per cent.
Audit of the Ministry of Digital Transformation: The Accounting Chamber has identified certain discrepancies in the financial statements
The National Audit Office has completed its audit of the Ministry of Digital Transformation’s financial and budgetary statements for 2025. The auditors found the statements to be generally reliable, but identified some discrepancies in the accounting for assets and the disclosure of financial information.
Gold has fallen below $4,000 an ounce for the first time since November – a three-year rally has come to a halt
Gold prices have fallen below the $4,000 per troy ounce mark for the first time since last November, against a backdrop of a strengthening dollar and expectations of interest rate rises.
The EU is allocating a first tranche of aid to Ukraine amounting to €3.2 billion
The European Union is providing Ukraine with the first tranche of aid, amounting to €3.2 billion. This forms part of a larger loan of €90 billion that the EU plans to grant to Ukraine over the next two years.
