The European Bank for Reconstruction and Development (EBRD) at this stage does not plan to invest in the Ukraine Development Fund (UDF), created by the Ukrainian government in cooperation with BlackRock and JP Morgan, however, in the future it will consider the possibility of joint investment with it.
Latvia’s airBaltic may be one of the first airlines to resume flights to Ukraine once the country’s airspace is reopened to civil aviation, the Ministry for Communities, Territories and Infrastructure Development announced on Facebook on March 25.
One-third of 307 companies and 55 individual entrepreneurs engaged in passenger air transportation in Ukraine went bankrupt, ceased operations, or are in the process of shutting down between 2004 and 2023, according to the open data service YouControl.Market (YC.Market).
Ukraine is working with its international partners to resume air travel to and from Kyiv and Lviv, with Boryspil Airport remaining the top priority, Deputy Head of the President's Office Rostyslav Shurma said during a panel discussion at the World Economic Forum in Davos, Reuters reported on Jan. 18.
Ukraine will be able to finance its $10-15 billion budget deficit from frozen Russian asset revenues starting in 2025, Interfax-Ukraine reported on Jan. 17, citing Deputy Head of the President's Office Rostyslav Shurma.