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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
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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.

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12:56 PM

Ex-lawmaker Pashynskyi released on bail.

Former lawmaker Serhii Pashynskyi, suspected of illegally appropriating almost 100,000 metric tons of state-owned oil in 2014, was released from custody on bail, Pashynski said on social media on Feb. 27. The bail was set at Hr 272.5 million ($7.1 million).
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