Skip to content
Edit post

Ukraine's economy shrinks by estimated 16% between January and April.

by The Kyiv Independent news desk April 2, 2022 1:49 PM 1 min read
This audio is created with AI assistance

Ukraine's economy may shrink by 40% by the end of the year due to the war, according to Denys Kudin, the first deputy minister of economy. Prime Minister Denys Shmyhal said on March 29 that economic losses due to the war could exceed $1 trillion.

News Feed

10:35 PM

Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.