the power grid. also, i m going to be hearing from a leading business voice on how private companies have managed to keep doing business in a war zone and how they re supporting their staff through it all. many thousands of homes and buildings have been destroyed by russian bombs. so how will ukraine afford to rebuild when the fighting stops 7 the european bank for reconstruction and development will play a leading role, and its president tells me that the work has already begun. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, ukraine, it s been suffering for a year now. it s 12 months since russia invaded because of what president putin said was a need to demilitarise and de nazify that country. and in that time, thousands have died as ukraine continues to valiantly defend itself. but it s also come at a huge economic cost for both ukraine and the rest of the world. and that s one of the reasons why western a
ukraine s vast farms were feeding the world, but the country is now reliant on billions of dollars of help just to get through every month. ukraine s finance minister tells me how he s kept the economy functioning despite the missiles and the deliberate targeting of infrastructure, including the power grid. also, i m going to be hearing from a leading business voice on how private companies have managed to keep doing business in a war zone and how they re supporting their staff through it all. many thousands of homes and buildings have been destroyed by russian bombs. so how will ukraine afford to rebuild when the fighting stops? the european bank for reconstruction and development will play a leading role, and its president tells me that the work has already begun. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, ukraine, it s been suffering for a year now. it s 12 months since russia invaded because of what p
sitting australian prime minister anthony albanese becomes the first sitting australian prime minister to march in sydney s gay and lesbian mardi gras. he has described it as a celebration of modern australia. you are watching bbc news. now, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. counting the cost of war as ukraine marks a year since the invasion, we re going to take a look at the toll it s taken on the economy. ukraine s vast farms were feeding the world, but the country is now reliant on billions of dollars of help just to get through every month. ukraine s finance minister tells me how he s kept the economy functioning despite the missiles and the deliberate targeting of infrastructure, including the power grid. also, i m going to be hearing from a leading business voice on how private companies have managed to keep doing business in a war zone and how t
unity of the western nations. i think, with the support, i think the two factors, the ukrainian resilience and bravery will continue. i think with the united front of the western allies, i think it s possible that ukraine will win this war and will win this war this year. well, on that optimistic point, andy hunder, a real pleasure. always good see you, my friend. thank you. good luck. thank you. stay safe and i ll definitely talk to you soon. thank you. so the destruction of large swathes of ukraine has made it hard for the economy to function as well as it did before russia s invasion. and that means the government has had less tax money coming in and has become massively reliant on outside support. one of the biggest providers of that is the ebrd. that s the european bank for reconstruction and development. the multilateral development bank, it was set up when the soviet union collapsed, as a way for western countries to help eastern europe back on its feet. so i ve been speaking to
and then it s very early to see the situation, because it very much depends on the duration of the war. but indeed, the question of the debt sustainability is a concern. i think that s why also we see some donors providing more grants. well, on that point, 0dile renaud basso, the big boss of the european bank of reconstruction and development. always a pleasure having you on the show. thanks for your time. i ll check in with you soon. thank you very much. well, that s it for this week. i hope you enjoyed the show. don t forget, you can keep up with all the latest on the global economy and the war in ukraine on the bbc news website and the smartphone app. of course, you can also follow me on twitter, tweet me, i ll tweet you back! you can get me @bbcaaron. thanks for watching. i ll see you soon. bye bye. hello, there. strong solar activity brought spectacular sightings of the aurora borealis during sunday night into the early hours