Russia mulling shutdown of several steelmaking enterprises
In the Russian Federation, due to ongoing crisis, discussions are underway regarding a possible operation halt at a number of metallurgical enterprises.
Economy - Latest news
20 June 2025
Corruption in ministry: Court detains Kyiv developer, sets UAH 100M bail
An investigative judge of the High Anti-Corruption Court (HACC) has imposed pre-trial detention for a Kyiv-based real estate developer, with the option of release on bail set at UAH 100 million (approximately $2.5 million).
Putin fails to bring Western companies to St. Petersburg forum - media
Russian ruler Vladimir Putin failed to attract Western companies to this week’s St. Petersburg International Economic Forum (SPIEF).
EU considering moving EUR 200B in frozen Russian assets to riskier investment fund – Politico
The European Union is considering transferring almost EUR 200 billion of frozen Russian state assets held in Belgium into a new, riskier investment fund that would pay out higher interest.
19 June 2025
Zelensky, Lagarde talk use of frozen Russian assets
President Volodymyr Zelensky of Ukraine met with the President of the European Central Bank, Christine Lagarde on Thursday in Kyiv.
Deepening trade ties can strengthen shared resilience of Ukraine, Europe – Lagarde
Deepening trade ties between Ukraine and Europe can strengthen the shared resilience of both parties in a fragmented world, especially since Europe is Ukraine's main trading partner.
State Property Fund sells Ukrbud for UAH 805M
On June 18, 2025, Ukraine's State Property Fund sold JSC Construction Company Ukrbud at a privatization auction for UAH 805 million.
18 June 2025
Ukraine to announce bidding for lithium extraction in Kirovohrad region
The pilot project within the framework of cooperation between Ukraine and the United States may involve the development of the Dobra lithium deposit in Ukraine’s Kirovohrad region.
Government approves just transition program for coal regions — Shmyhal
The Cabinet of Ministers has approved a just transition program for Ukraine's coal regions through 2030, which will cover initiatives in 38 communities linked to coal mining and thermal power generation.
17 June 2025
Canada adds over 100 individuals and entities to Russian sanctions list
Canada has significantly expanded its anti-Russian sanctions by imposing restrictions on more than a hundred individuals and entities, as well as announcing trade limitations with Russia.
Russian attack damages railcars carrying grain — Ukrzaliznytsia
Freight railcars carrying grain were damaged during a Russian attack on the night of June 17.
Ukraine’s goods exports drop by 6.9% in Jan-April 2025
In January–April 2025, Ukraine’s exports of goods totaled $13.31 billion—93.1% of the figure recorded during the same period in 2024—reflecting a 6.9% year-on-year decline.
16 June 2025
Zelensky, Stocker talk strengthening Russia sanctions
Strengthening sanctions against Russia and Austria's readiness for a mediation role were the main topics of the meeting President Volodymyr Zelensky had with Austrian Federal Chancellor Christian Stocker.
German government: Nord Stream not to be relaunched
The German government has no plans to restart the Nord Stream 1 gas pipeline for transmitting Russian gas or launch Nord Stream 2.
Russia illegally transshipping oil off Greece, Cyprus coasts - Ukraine intelligence
Russia has been illegally transshipping oil between tankers in the open sea off the coast of Greece and Cyprus.
Russia’s banking sector struggling with mounting bad loans – CCD
In the first quarter of 2025, Russian banks allocated about $2.7 billion — equivalent to $25 million per day — to cover bad loans.
15 June 2025
Canada can replace Russia in global energy market - expert
The G7 countries should completely abandon the purchase of natural resources and energy from Russia, replacing them with Canadian ones.
14 June 2025
Russian Railways on brink of bankruptcy - Ukraine intel
The load on Russian Railways (RZhD) has been falling for 20 consecutive months, effectively bringing the national operator to the verge of bankruptcy.
13 June 2025
Russia facing new inflation wave amid fuel price hike - Ukraine intelligence
In Russia, the retail price for petrol has increased by 18% in annual terms, and another 8% rise is expected before the end of the year.
Ukraine receives additional EUR 1B from EU using frozen Russian assets
Ukraine has received another EUR 1 billion from the European Union from profits generated by frozen Russian assets.
Low gas reserves not caused by enemy attacks – expert
Since the beginning of the full-scale war, Ukraine has been using its existing gas reserves without replenishing them through imports.
Recent Russian mass attacks not targeted at energy infrastructure – expert
Recent large-scale Russian attacks have not been focused on energy infrastructure, although isolated strikes on specific facilities have occurred. The situation in front-line regions remains challenging.
12 June 2025
IMF urges Ukraine, creditors to advance debt negotiations in line with program targets
The International Monetary Fund (IMF) expects that the Ukrainian authorities and their creditors will make progress in debt restructuring talks in line with the debt sustainability targets set out in the IMF program.
President: Ukraine's defense industry capable of absorbing $70B in investment
Ukraine's defense industry is currently capable of absorbing up to $70 billion in investment, according to President Volodymyr Zelensky.
Restart of ZNPP reactors possible only after return to Ukrainian control – IAEA
A joint statement by 48 IAEA member states was read out at a meeting of the IAEA Board of Governors, declaring that any restart of the reactors at the Zaporizhzhia Nuclear Power Plant (ZNPP) can only take place once the facility is returned to Ukraine's control.
Germany's support for Ukraine could reach EUR 9B this year – Pistorius
Germany's guaranteed support for Ukraine this year will amount to EUR 7 billion, but the German government plans to allocate an additional EUR 1.9 billion.
Deputies seek audit of funds used in “Great Construction” projects
Ukrainian MPs are initiating an audit of the effectiveness of budget funds used by the State Audit Service and the Accounting Chamber for “major construction” projects, in particular, the “Shevchenko Hub” in Kaniv.
Ministry of Strategic Industries explains rising partner interest in Ukrainian defense sector
Ukraine's partners are extremely interested in cooperating with domestic arms manufacturers, as they recognize the superiority of modern Ukrainian technologies in the production of certain types of weapons.
Russian oil price ceiling reduction to be discussed at G7 summit – expert
The G7 Summit, scheduled to take place from June 15 to 17 in Kananaskis, Canada, will include discussions on reducing the price ceiling for Russian oil to $30 per barrel.
11 June 2025
Ukrainian Government eases procurement rules for domestic drones, EW systems
The Cabinet of Ministers has simplified the acceptance procedure for domestically produced tactical-level unmanned systems and electronic warfare (EW) equipment.