Finances of Kyiv Region and Ukraine

Financial news, budget and personal finances

Finances

# Higher Anti-Corruption Court Convicts Andriy Derkach of State Treason The Higher Anti-Corruption Court has found Andriy Derkach guilty of state treason. According to the verdict, he received payments from the GRU (Russian military intelligence) in exchange for undermining U.S. trust in Ukraine and obstructing the country's accession to NATO and the European Union. The sentence was delivered in absentia, as Derkach is currently a senator in Russia's Federation Council and has been granted the title of Hero of Russia.

1 month ago
Finances

# EU Council Allocates Record European Peace Fund Package to Moldova for Air Defense System The EU Council has allocated Moldova the largest single-country package in the history of the European Peace Fund—designated for a medium-range air defense system. For a country with a GDP of $20 billion, this is not merely security assistance, but effectively external military financing.

1 month ago
Finances

# International Booker Prize Renamed in Honor of Bukhmans, Family Behind 1C Entertainment The International Booker Prize is being renamed to honor the Bukhman family, whose company 1C Entertainment serves as the prize's sponsor. A decade of sponsorship has prompted the decision. However, questions remain about whether there are grounds for further changes.

1 month ago
Finances

# Sberbank Chief Publicly Discusses Stagnation and Flawed Monetary Policy, Yet Real Rates Remain Among World's Highest Amid 35% Collapse in Kremlin's Oil Revenues The head of Sberbank is openly speaking about stagnation and misguided monetary policy. However, the real interest rate remains among the highest in the world, while the Kremlin's oil revenues have plummeted by 35%.

1 month ago