Category: International Financial Institutions

“United in defense, united in recovery, stronger together,” was a key slogan at the 2024 Ukraine Recovery Conference (URC) held in Berlin on June 11-12. It is an apt summation of Ukraine’s aspirations as it copes with the unprecedented destruction of approximately half of the country’s electric power and district heating capacity by targeted Russian

Visitors to today’s Ukraine are often surprised to find that away from the front lines, everything looks so normal. Most people in central and western Ukraine have returned home. Shops and restaurants in towns and cities across the country are open and fully stocked. Everything functions, including mobile phone networks, internet, electricity, and public transport.

For more than 600 days, Ukraine has demonstrated remarkable resilience as the country defends itself against Russia’s full-scale invasion. With the war now widely expected to continue into 2024 and possibly beyond, Ukraine will need significant additional financial support from its partners in order to defeat Russia. The Ukrainian economy is currently recovering more quickly

Russia’s ongoing invasion has had a devastating impact on the Ukrainian economy, with Russian forces deliberately targeting businesses and infrastructure while blockading Ukraine’s ports in a bid to bankrupt the country. In order to fight back on the economic front, Ukraine must encourage domestic and international investment. This is why greater war risk insurance coverage

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It is now beyond question: Putin’s dream of decapitating Ukraine’s central leadership and subjugating the country has turned into a nightmare for Russia. Rather than finding Ukraine’s society divided and malleable, Russia has encountered a confident citizenry animated by commitments to a free and democratic future. While many of Ukraine’s national figures have provided commendable

People often talk about achieving strength through adversity. In Ukraine, this is the everyday reality for millions of people. Over the past sixteen months, Ukrainian courage has stunned the world. This is not just a matter of resilience; Ukrainians know that we face destruction if we do not win. Thanks to Ukrainian bravery and determination,