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Defense industry as an economic driver: how weapons manufacturers scale through reinvestment

The defense sector accounted for one-third of Ukraine's GDP growth in 2024. Domestic production currently covers 40% of the front line's armament needs.

War in Ukraine • June 8, 10:00 AM • 59141 views
Ukraine received a new tranche of €2.8 billion from the EU under the Ukraine Facility

The budget received €2. 6 billion for social and humanitarian needs. The total amount of funding under the Ukraine Facility has reached €29.4 billion.

Economy • June 8, 09:59 AM • 23263 views
Case involving the procurement of 300,000 unfit gloves for the AFU worth 231 million UAH sent to court - Prosecutor General

The case of a former Ministry of Defense official regarding the procurement of 300,000 low-quality gloves has been referred to court. The losses to the state amount to over 231 million hryvnias.

War in Ukraine • June 8, 09:21 AM • 3934 views
The Government has extended compensation periods for hosting IDPs and expanded housing programs

The Cabinet of Ministers has increased the compensation period for hosting IDPs without documents to 90 days. 833 million UAH has been allocated for housing for children's homes in 2026.

Society • June 7, 02:38 PM • 6350 views
Applications for 'Thousand Springs' closed, 1,151 applications registered - Zelenskyy

1,151 applications totaling 10. 8 billion hryvnias were submitted for the Thousand Springs initiative. The results of the first selection stage will be announced on June 12.

Society • June 6, 02:35 PM • 5305 views
Additional 3.5 billion UAH is being allocated for the repair of local roads

The government has allocated 3. 5 billion UAH for the repair of critical sections of local roads. The funds will be distributed among all regions on the basis of co-financing from local communities.

Society • June 6, 11:56 AM • 5023 views
IMF mission concludes its work in Kyiv, risk of program review failure averted – MP

The mission has completed its work, and the risks to receiving the $686 million tranche have been removed. The IMF has postponed the taxation of individual entrepreneurs (FOPs) and expects revenues from the de-shadowing of the economy.

Economy • June 5, 01:14 PM • 3089 views
The process of selling Medvedchuk's yacht Royal Romance has entered its final stage - ARMA

ARMA has brought the sale of the yacht Royal Romance, seized in Croatia, to its final stage. The proceeds from the sale of the asset will go to the state budget.

Economy • June 5, 11:48 AM • 2936 views
Russian authorities are concealing the country's economic crisis at the St. Petersburg forum - ISW

At the SPIEF, Russian officials claimed economic stability despite fuel shortages and debts. ISW and intelligence point to a crisis and a Russian budget deficit of $80 billion.

Economy • June 5, 03:28 AM • 16539 views
Zelenskyy held a "detailed and very practical" meeting on Ukrainian weaponry; export was discussed

President Zelenskyy announced the development of arms exports to strengthen the economy. The NSDC and the Ministry of Defense are already working on the necessary regulatory changes.

Economy • June 4, 06:07 PM • 4802 views
Twin procedures and supplementary agreements: seven ways to steal through tenders and how to detect them

Analysts have identified the primary manipulation schemes in state tenders and procurement. The new law is intended to strengthen oversight and bring procedures closer to EU standards.

Society • June 4, 04:02 PM • 56967 views
Women in Ukraine earn a quarter less than men - where the largest gap was recordedPhoto

The average salary in Ukraine reached 28,885 hryvnias in the first quarter of 2026. Women receive only 73% of men's income due to the gap across different sectors.

Society • June 4, 12:43 PM • 3292 views
At the St. Petersburg Forum, the Kremlin is trying to hide an 80-billion-dollar hole in the Russian budget – intelligence

At the St. Petersburg Forum, the Russian Federation is trying to hide a budget deficit of 80 billion dollars. Revenues have fallen by 40%, and 71 of the country's regions have become deficit-ridden.

News of the World • June 4, 07:24 AM • 3753 views
Discussed the Extended Fund Facility program and the implementation of structural benchmarks - Svyrydenko met with the IMF missionPhoto

Yulia Svyrydenko discussed the implementation of the $8. 1 billion program with the IMF mission. Next week, the Rada will consider amendments to the 2026 state budget.

Economy • June 3, 06:32 PM • 6566 views
Ukraine is determined to continue structural reforms - Budanov met with the IMF mission

Kyrylo Budanov discussed structural reforms and financial stability with the IMF mission. Ukraine continues the implementation of the EFF program and the fight against corruption.

Economy • June 3, 05:41 PM • 5394 views
Kyiv City State Administration official to stand trial over loans that cost Kyiv more than 580 million UAH

The head of the Finance Department of the Kyiv City State Administration will be tried for negligence in processing loans. Due to unnecessary credits, Kyiv's budget lost more than 581 million hryvnias.

Kyiv • June 3, 03:20 PM • 4546 views
Military unit officials exposed for 11 million UAH overpayment during procurement of generators for the AFU

The unit commander and his deputy are suspected of causing 11 million UAH in damages. They unjustifiably increased the prices of generators for the AFU by 14%.

Society • June 3, 01:18 PM • 3589 views
Ministry of Defense purchased 1,500 motorcycles for the AFU, saving 12 million hryvnias - Fedorov

The Defense Procurement Agency has signed contracts for the supply of 1,500 motorcycles for the Armed Forces of Ukraine. Thanks to the tender, nearly 12 million hryvnias were saved, Mykhailo Fedorov stated.

Society • June 3, 12:34 PM • 4271 views
Russia passed a law on the in-absentia seizure of 'foreign agents' property for criticizing the authorities — intelligence

The State Duma of the Russian Federation has authorized the in-absentia seizure of citizens' property abroad for criticizing the authorities. The new regulations will affect 'foreign agents' and hundreds of thousands of relocants.

News of the World • June 3, 07:57 AM • 3775 views
Putin faces growing problems at the front and the threat of hyperinflation in Russia - The Washington Post

Due to the exhaustion of resources and drone strikes, Russia's offensive is slowing down. The Kremlin acknowledges that war goals are unattainable and that there is a threat of an economic crisis.

Economy • June 2, 05:21 PM • 6871 views
In Zakarpattia, over UAH 100 million embezzled during construction of substation protection; official served with notice of suspicion – Prosecutor General

In Zakarpattia, an official allowed the embezzlement of UAH 104. 9 million intended for the protection of an energy facility. He approved the procurement of materials at prices inflated fivefold.

Crimes and emergencies • June 2, 03:01 PM • 13467 views
Putin's war against Ukraine is hitting financial hurdles - Bloomberg

Russian officials warn Putin of the critical cost of war and budget deficits. Ukraine is increasing pressure on the enemy's rear thanks to drones and EU assistance.

War in Ukraine • June 2, 10:39 AM • 17687 views
Zelenskyy held a meeting of the Staff. Discussed drones, 155mm shells, and strengthening air defense

Zelenskyy introduced direct funding for brigades and ordered an increase in shell supplies. The Staff also discussed strengthening air defense and anti-ballistic protection.

War in Ukraine • June 1, 03:59 PM • 3674 views
Former Deputy Minister of Communities Development Lozynskyi received a new notice of suspicion

The SAPO has issued a new notice of suspicion to Vasyl Lozynskyi regarding procurement at inflated prices. The damages to the state from these actions amount to millions of hryvnias.

Politics • June 1, 11:42 AM • 3216 views
Reservation, tariffs, IDP payments, employment records, and education: what has changed for Ukrainians since June 1

Ukraine is changing reservation rules and increasing payments to military personnel. New deadlines for IDPs and the digitalization of employment records are also in effect.

Society • June 1, 10:10 AM • 103156 views
Russia bans aviation fuel exports following strikes on oil refineries

The Russian Federation has banned aviation fuel exports until the end of November due to attacks on oil refineries. The decision was made to avoid a shortage amid falling oil refining volumes.

News of the World • June 1, 08:59 AM • 4515 views
Over 2.3 million Ukrainians have used the fuel cashback program - Svyrydenko

The program was used by 2. 3 million Ukrainians, saving up to 15% on fuel. The funds can be spent on utility bills, medicine, or supporting the Armed Forces of Ukraine.

Economy • May 31, 02:21 PM • 4210 views
Bulgaria to be penalized for deficit just months after joining the eurozone - FT

The European Commission will initiate a procedure against Sofia due to a budget deficit of 3. 5%. Experts forecast the figure will continue to rise to 4.3% in 2027.

Economy • May 30, 06:33 PM • 4876 views
Hegseth responded to Zelenskyy's request regarding Patriot

The Pentagon chief promised to find a way to transfer Patriot missiles to Ukraine. The US will also allocate $56 billion for drones, studying the experience of the Armed Forces of Ukraine.

War in Ukraine • May 30, 02:59 PM • 119135 views
Holidays in June: Key Dates You Shouldn't Miss

In June, Ukraine celebrates Constitution Day and various professional holidays. Religious dates have shifted due to the transition to the Revised Julian calendar.

Society • May 30, 03:51 AM • 71724 views