The number of vacancies on the labor market continues to grow for the third month in a row: in March it increased by 6%, to 102,800, although the number of applicants has decreased, these are the main results of regular labor market research from Work.ua. “We would like to remind you that in March 2022, … Read more
Ukrainian companies are encountering significant difficulties in recruiting employees, a trend underscored by a decline in job seeker numbers, Ukrainian National Bank (NBU) reported on April 4. Despite an increase in job listings early in 2024, firms are struggling to fill both skilled and unskilled positions, a situation exacerbated by various economic and social factors. … Read more
Ukraine’s economy rebounded by 5.3% in 2023, bouncing back from a record slump caused by Russia’s full-scale invasion, according to preliminary data from the State Statistics Service of Ukraine. This marks the highest growth rate since 2011. Here’s a breakdown of how the Gross Domestic Product (GDP) changed throughout 2023: → Q1: -10.3%;→ Q2: +19.2%;→ … Read more
The indicators of the Ukrainian foreign exchange market and the methodology for their calculation correspond to the conditions and needs of the market, at the same time, it is advisable to supplement them with the calculation of the reference value of the hryvnia to euro exchange rate as of 12 o’clock and move on to … Read more
The volume of Ukraine’s gross external debt during the fourth quarter of 2023 increased by $10.6 billion – to $161.5 billion, in relation to GDP, the debt increased from 89.3% to 90.7%, such estimates were published by the National Bank of Ukraine. According to its data, the growth occurred due to the government, whose external … Read more
Over the two years of the full-scale war with russia, the total volume of international investments in Ukraine reached $1.7 billion, of which $1.2 billion were invested in 2023 alone. The head of the KSE Institute, Nataliya Shapoval stated the data during the Ukraine Business Compact (UBC) Workshop. Currently, the Ministry of Economy has identified … Read more
The Council of the European Union and the European Parliament have extended the tariff-free trade with Ukraine for another year until June 5, 2025. However, they have introduced restrictions on a range of “sensitive products” in the agreement. Liberalizing trade involves temporarily suspending import duties and quotas on Ukrainian agricultural product exports to the European … Read more
The first container shipments along the Ukrainian sea corridor can be carried out within two to three weeks, says Deputy Minister of Infrastructure Yurii Vaskov. All five container terminals are ready to operate, as almost all of them are involved in the transshipment of agricultural and other products. Vaskov said that Ukraine also hopes to … Read more
The European Parliament supported the proposal of the European Commission to extend the liberalization of the trade regime with Ukraine until June 5, 2025. On Wednesday, 347 MEPs voted for this decision, 117 were against, and another 99 abstained. The adopted decision provides for the extension of the temporary suspension of import duties and quotas … Read more
Ukraine and Turkey signed a bilateral agreement on establishing an electronic preliminary information exchange system regarding goods and vehicles moved between the two states, the President’s Office’s press service reported on March 8. Ukraine’s Defense Minister Rustem Umerov and Turkish Trade Minister Omer Bolat signed the document after the meeting of President Volodymyr Zelensky and … Read more