What MHP’s €415 million bond sale says about Ukraine’s reopening to capital
Investors offered five times the amount MHP sought.
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Money Matters
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Will April payouts arrive on time as EU fast-tracks a 90 billion-euro loan for Ukraine? (INFOGRAPHIC)
Europe’s biggest wartime aid package moves closer as MEPs approve fast-track procedure.
Ukraine drills more gas wells than any European country—while being bombarded by Russia
140 new wells in 2025, up 69% from the year before.
Ukraine set to outgrow Russia in 2026 as oil revenues slide (INFOGRAPHIC)
Oil revenue set to drop 46% in January.
Russia’s largest cement maker shuts two factories as housing market collapses
Demand in one region is “virtually nonexistent.” Belarus is expanding production.
Wind farms are harder to destroy—so why won’t Ukraine let them scale? (INFOGRAPHICS)
The technology works, 4 GW of projects sit ready. But policy barriers may block the only distributed generation Russia can’t easily destroy.
The Soviet heating trap: Why an EU capital is colder than bombed Kyiv (INFOGRAPHIC)
Lithuania escaped in six years. Romania hasn’t in 35. Ukraine is choosing now—under fire.
Iran de-escalation sends oil down 5%, squeezing Russia’s war funding (INFOGRAPHIC)
Moscow’s January revenues could hit their lowest since late 2022.
India blinks: Russian oil imports hit lowest since price cap as Trump’s tariffs bite
Twelve tankers now float off Oman with nowhere to go.
Russia’s smart power attacks are crippling Ukraine’s economy
European steel supply chains face disruption as mining giant reports worst quarter since invasion.
EU to lend Ukraine €90B — and most of it is for weapons
The loan, structured as "limited recourse" financing, would only require repayment if Russia eventually pays war reparations, with Brussels reserving the right to use immobilized Russian assets to cover the debt.
Ukraine’s e-commerce goes a full quarter with no bankruptcies
Pet supplies and cosmetics boom as Ukrainians shop from home.
Moscow’s boom, the provinces’ bust: Russia’s war economy turns predatory (MAP)
Civilian sectors starve as military spending and debt service take 46% of federal spending.
Ukraine hits 8% inflation as economy shrinks to fit its workforce (INFOGRAPHIC)
Non-food prices flatline, but the reason isn’t reassuring.
Ukraine’s watchdog closes Energoatom probe as criminal investigation expands
Detective who exposed $100 million scheme says main suspect “wasn’t the key figure”.
Kyivstar starts 5G pilot as Ukraine hardens networks for war and recovery
Borodyanka, flattened by Russia in 2022, is next in line.
Kyiv misses its deadline as Zhytomyr shows how to outlast Russian strikes
The capital missed its December deadline for cogeneration units, while a smaller city built the grid that Russia can’t destroy.
Slovakia’s pro-Russian leadership halts all military aid to Ukraine, including weapons and EU loans
President, Prime Minister, and Parliament Speaker confirmed that Slovakia has closed the door on military assistance to Ukraine—including weapons, personnel, and financial guarantees—two years after Bratislava transferred its sole S-300 air defense division to Kyiv
The Telegraph: Zelenskyy and Trump to finalize $800 bn Ukraine reconstruction deal in Davos, not Washington
BlackRock will participate in an $800 billion program to rebuild Ukraine that Volodymyr Zelenskyy and Donald Trump plan to finalize in Davos next week
Why Russian LNG keeps flowing despite EU ‘bans’ (INFOGRAPHICS)
The actual import ban doesn’t start until 2027.