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National Bank: Inflation in Ukraine to reach over 30% in 2022

by The Kyiv Independent news desk July 29, 2022 4:13 PM 1 min read
This audio is created with AI assistance

According to the National Bank of Ukraine, the country's GDP is expected to decrease by a third this year amid a full-scale Russian invasion that is causing major losses to the Ukrainian economy. “Inflation will accelerate by the end of the current year and will start to decline in the first quarter of 2023,” the NBU said.

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Chornobyl isn’t safe anymore... again.

Chornobyl disaster occurred in the early hours of April 26, 1986, in Soviet Ukraine. Nearly 39 years after the worst nuclear disaster in history, Russia’s brazen attack on the $2 billion New Safe Confinement (the sarcophagus enclosing the destroyed reactor) in February 2025 poses a new potential radioactive danger as engineers race to repair the damage. The Kyiv Independent’s Kollen Post dives into why the restoration is not as simple as it may seem.
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