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The European Bank for Reconstruction and Development and the British government are to develop a war risk insurance project, Ukraine's Economy Ministry announced on Nov. 2. The aim is to help private sector companies do business in Ukraine, supporting reconstruction efforts. ....
The business news world in Ukraine this week was abuzz with a battle far from the front lines. In the afternoon of Oct. 17, armed employees of Ukraine’s Financial Investigations Service, known here by its Ukrainian acronym BEB, showed up at the doors of the !Fest restaurant group’s office in the western city of Lviv, refusing to let its employees in or out. It claimed the group was massively evading taxes, largely by paying employees under the table. ....
The threat of a demographic crisis has been building in Ukraine for a while but Russia’s full-scale invasion has pushed it to the breaking point. The country had a population of 41 million in 2021, by the government’s reckoning. The UN has estimated that 6.2 million refugees left the country during the full-scale invasion and only one million have come back. ....
Ukraine has already documented 2,500 war crimes committed by Russia against the environment since the beginning of the full-scale invasion, Economy Minister Yuliia Svyrydenko said during an event on Oct. 21. ....
The European Bank for Reconstruction and Development (EBRD) will expand funding for projects in Ukraine in 2024. The main areas of cooperation will concern financing equipment manufacturers for mine clearance of agricultural land, a project to ensure military risks, and lending to the economy's real sector. ....