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Odesa Oblast: News

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About Odesa Oblast

The region in Ukraine’s southwest covers 33,310 square kilometers (12,861 square miles) along Ukraine's Black Sea coast, with a population of approximately 2.4 million and Odesa city as its administrative center. Odesa Oblast borders Moldova to the west, and Romania across the delta of the Danube. Odesa Oblast serves as Ukraine's main maritime trade gateway and has faced repeated Russian missile and drone strikes targeting port infrastructure since the full-scale invasion began in February 2022.

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The broad consensus among Russia-watchers is that the country is facing a prolonged bout of stagflation. Growth this year is unlikely to exceed 1%, and inflation is still stuck at 6% (or more). Moreover, the most promising option for reviving the economy is the least likely to be pursued, because it requires President Vladimir Putin's willingness to end the war in Ukraine. The downside risks are legion. Russian troops have barely advanced in Ukraine this year, and Russia cannot spend more on i

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