Economy

Dozens of the largest Russian companies, including Gazprom, have lost foreign assets due to sanctions and the termination of partnerships. This negatively affects the Russian budget due to a reduction in foreign exchange earnings.

Ukrainians have increased the volume of cash currency savings by $38 billion. Experts advise having a cash reserve for 2-3 months of living and exchanging currency only in reliable places.

Russian shelling led to the destruction of the "Hrazhda" recreation center in Luhansk region, causing environmental damage of UAH 249 million. The area of contaminated territory is more than 5,000 square meters.

Business entities can now reserve a larger number of conscripted employees. Employees conscripted after May 18, 2024, are taken into account if they are in the "Oberig" register.

The Cabinet of Ministers approved an action plan for preparing for the 2025/26 heating season, including repairs and fuel accumulation. Control will be carried out by central and local authorities.

Ukraine has the potential to increase UAV production by 40% this year, but needs additional funding. Zelenskyy called on partners to increase drone production.

The EU Council has recognized the equivalence of Ukrainian and Moldovan seeds to EU requirements. This will allow exporting sunflower, soybean, beet and fodder crop seeds to the EU market.

In Ukraine, prices for drugs not included in the Ministry of Health's list have increased by 10-20 UAH after the ban on marketing agreements. The new restrictions do not solve the problem of drug costs for patients.

Due to bad weather, 76 settlements in three regions were left without electricity. There are electricity restrictions in Kherson due to the enemy attack, and trolleybus traffic has also been stopped.

The National Bank of Ukraine has set the official exchange rate of the hryvnia at 41. 51 UAH/USD, which is 4 kopecks stronger. The euro exchange rate is 47.45 UAH, and the zloty is 11.13 UAH.

The Energy Efficiency Fund will receive 18 million euros from the EU and Germany to expand programs in the residential sector. The funds will allow to resume accepting applications and reach more families throughout Ukraine.

Kyriakos Mitsotakis announced a project to connect three ports, promoting Ukraine's integration with the EU. The route may receive funding from the European Union, strengthening economic ties.

The IT Ukraine Association has announced the composition of the new AI committee — a platform for companies from various sectors of the Ukrainian economy that are actively implementing artificial intelligence technologies.

The European Union has added Monaco to the list of countries with a high risk of money laundering and terrorist financing. Russia was again not included in the updated list.

Volodymyr Zelenskyy said that a price ceiling of $45 per barrel of oil is better than $60, but real peace will come at $30 per barrel. He emphasized that this will change the course of thinking in Moscow.

Water supply schedules have been introduced in Kherson: from 7:00 to 9:00 and from 17:00 to 19:00. This is due to power outages caused by shelling by Russian troops.

In the first 5 months of 2025, local budgets of Ukraine were replenished by UAH 201 billion, which is 18. 4% more than last year. The largest revenues are personal income tax.

Ukraine will pass the summer and autumn without problems and will prepare for winter in time if there are no massive shelling of energy facilities. Simplification of procedures stimulates the development of generation.

Due to damage to power equipment caused by enemy strikes, scheduled power outages are being introduced in Kherson Oblast. Oblenergo is working on developing clear hourly outage schedules.

Nvidia CEO Jensen Huang predicts significant growth in Europe's computing power in the field of artificial intelligence and the creation of more than 20 AI factories. The company is also collaborating with Mistral AI for local computing.

In the first five months of 2025, 223. 4 thousand bicycles were imported to Ukraine for a total of almost 12 million dollars. This is 20% more than in the same period last year.

Donald Trump announced the conclusion of a trade agreement with China, subject to approval by the leaders of both countries. The US will receive 55% of duties, China – 10%, relations between the countries will improve.

Google's support fund will finance Ukrainian startups with almost $10 million. 35 startups will receive up to $100,000, mentoring support and Google Cloud credits.

The Cabinet of Ministers allowed the acceptance of UAVs and electronic warfare equipment without the participation of representatives of the state customer. The decision will simplify procurement for the Ministry of Defense and other security structures, and increase efficiency.

Ukraine managed to influence the content of the new, 18th package of anti-Russian sanctions of the EU, which includes restrictions on the import of petroleum products and increased pressure on the "shadow fleet". It may become the strongest in a year, but it is still not effective enough to bleed the aggressor country.

Ukrzaliznytsia is increasing the number of seats on trains between Kyiv and Lviv, adding additional carriages to transit trains No. 79/80 and No. 749/750. 1st class carriages with air conditioning, compartments in sitting mode.

The government is launching an experimental project "Online Entrepreneur's Cabinet" on "Diia. Business". MSMEs will be able to receive personalized support programs for business development.

Over the past 5 months, inspections have revealed typical violations in retail. These include fictitious checks, sales without software and hardware, and splitting into individual entrepreneurs. Despite the increase in revenue, the sector leads in violations.

The Cabinet of Ministers has allocated UAH 3. 5 billion for eRestoration, UAH 1.1 billion for energy in Mykolaiv region and almost UAH 600 million for Kharkiv region. UAH 1.1 billion has also been allocated for accessibility.

In the conditions of war, Ukraine solves problems with equipment repair, looking for spare parts abroad and developing import substitution. The lives of military personnel depend on the serviceability of the equipment.