Help rescue animals from the front line — shop our Companion Collection 🐾

Shop Now
Uncategorized

EBRD: Ukraine’s economy to shrink by a fifth this year.

• 0 min read

According to the European Bank for Reconstruction and Development, the economy may bounce back in 2023, growing 23%, under a scenario where a ceasefire is brokered within several months. “Currently, the war is happening on territories that produce 60% of Ukrainian GDP,” the EBRD said in the report.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed
Video

The Kyiv Independent’s Kateryna Hodunova examines whether drafting women could actually help solve Ukraine’s manpower shortage, what challenges it would create, and why the proposal faces resistance in Ukrainian society and government.

Show More