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Ukraine's economy shrinks as Russia continues bombing businesses

With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine’s Economy Ministry has downgraded its forecast for the country’s economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.

About Energy infrastructure

Ukraine's energy infrastructure includes thermal power plants, nuclear facilities, hydroelectric stations, and an extensive transmission network. Russia has systematically targeted power generation and distribution facilities since February 2022, destroying approximately 50% of Ukraine's thermal generation capacity and causing widespread blackouts across multiple oblasts.

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