Hans Braunfisch wants Americans to invest in Ukrainian startups, but there's a problem: there's no clear path for individual investors to put money into the more than 26,000 Ukrainian startups out there. The former PwC consultant plans to change that with Pravo Venture, a platform streamlining foreign investment for
According to Ukraine's military intelligence (HUR), the vessel belongs to Russia's shadow fleet, used by Moscow to evade sanctions.
Editor’s note: This is issue 31 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from June 17–June 24, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
It took firefighters two days to extinguish the flames at Oleksiy Tarnopolskiy's warehouse in Kyiv after a Russian attack on June 10. Nothing inside could be saved from his tea and coffee business. Tarnopolskiy arrived on site to an "apocalyptic" scene at 5 a.m., one hour after a Russian
Editor’s note: This is issue 30 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from June 9–June 15, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
"According to current business perceptions, we are already, it seems, on the verge of a transition to a recession," Russian Economy Minister Maxim Reshetnikov said at the St. Petersburg International Economic Forum.
Editor’s note: This is issue 29 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from June 2–June 8, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
Editor’s note: This is issue 28 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from May 26–June 1, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
The country's Finance Ministry announced last week it would skip a $665 million government debt payment after failing to agree on restructuring terms with creditors.
Ukraine will skip a $665 million government debt payment after failing to agree on restructuring terms with creditors, Bloomberg reported.
Editor’s note: This is issue 27 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from May 19–May 25, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
The end of the European Union’s tariff-free trade preferences for Ukrainian agricultural products is more than just a policy change, it’s a wake-up call. For years, the EU has served as the largest and most reliable market for Ukraine’s agricultural exports. But as Brussels rolls back preferential
Editor’s note: This is issue 26 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from May 12–May 18, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
"New measures also address hybrid threats and human rights. More sanctions on Russia are in the works," Kaja Kallas said on X.
Editor’s note: This is issue 25 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from May 5–May 11, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
The EU plans to significantly increase tariffs on Ukrainian goods after the current duty-free deal lapses on June 6, the Financial Times reported on May 14, citing undisclosed diplomatic sources.
"Contrary to Kremlin narratives, time is not on Russia’s side," reads a new report from the Stockholm Institute of Transition Economics (SITE).
"Amendments to the Budget Code are needed to implement the provisions on funding the U.S.-Ukrainian Reconstruction Investment Fund," lawmaker Roksolana Pidlasa said.
The revision was connected to global trade upheavals, which only aggravate Ukraine's economic challenges stemming from Russia's full-scale invasion.
The EU plans to unveil on May 14 its next package of sanctions imposed against Russia over its aggression against Ukraine, an EU official told the Kyiv Independent on condition of anonymity.
This is the fourth such tranche from the bloc, which is secured by proceeds from frozen Russian assets.
Ukraine is considering moving away from the U.S. dollar and closer to the euro as a benchmark for the hryvnia, National Bank Governor Andrii Pyshnyi told Reuters.
Editor’s note: This is issue 24 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from April 28–May 4, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
The following is the May 6, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. As I’m sure you saw, the U.S. and Ukraine finally signed the minerals agreement after months
The move represents an apparent violation of United Nations Security Council resolutions passed in the wake of North Korea's intercontinental ballistic missile (ICBM) tests.
The sources told Bloomberg that U.S. President Donald Trump is yet to make a decision, as diplomatic efforts to end the war are still underway.
The following is the April 29, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. The following is an excerpt from our latest investigation by investigative reporter Alisa Yurchenko. On March 29, the
Editor’s note: This is issue 23 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from April 21–27, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and
According to the source, the final version of the deal includes a 50-50 investment structure between the two countries and contains "a lot of good details."
Ukraine expects to receive over $39 billion in confirmed budget support from international partners in 2025, Prime Minister Denys Shmyhal said on April 25.
European Commission President Von der Leyen emphasized that the roadmap, set to be announced in two weeks, will lay out concrete steps to eliminate the bloc’s reliance on energy supplies from Russia.
This poses a risk that Kyiv might have to default on the payment of some $600 million ahead of the deadline in late May.
Russia’s 10-year war of aggression against Ukraine has caused widespread and long-lasting damage to the country’s economy. Positive growth predictions were squashed following Russia’s annexation of Crimea and invasion of Ukraine’s eastern Donbas region in 2014. Then came Russia’s full-scale invasion in February 2022, wreaking havoc on an economy that had just started to recover following the Covid-19 pandemic. The country’s financial sector and economy have proved resilient throughout Russia’s full-scale invasion, bouncing back in 2023, although the economy is still around a third smaller than its pre-war level.
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