17+ hour, 22+ min ago   (385+ words) In brief: Russia’s full-scale war in Ukraine cost Poland an estimated €113.4 billion between 2022 and 2025, according to Statistics Poland. The losses include reduced economic output, higher inflation, lower real wage growth, and increased defense and Ukraine-related spending. Russia’s war in Ukraine…...

18+ hour, 16+ min ago   (262+ words) In brief: Ukraine’s State Statistics Service revised its second-quarter 2026 GDP estimate down to 0.4% year-on-year, from a 0.6% flash estimate, and to 0.3% quarter-on-quarter, below the National Bank’s earlier 0.8% calculation. Nominal GDP reached just under Hr. 2.31 trillion ($51.8 billion). Ukraine’s State Statistics Service revised its…...

1+ day, 18+ hour ago   (556+ words) In brief: EU approved a €6.1 billion defense package for Ukraine, allowing Kyiv to purchase US-made PAC-3 Patriot interceptors amid a global shortage. The decision also unlocks funding for Ukrainian drones and comes as Ukraine prepares for another winter of Russian…...

1+ day, 18+ hour ago   (455+ words) In brief: Russian media Vertska said it found at least 26 major Russian airports imposing refueling restrictions as the jet fuel crisis worsens; 15 impose them only on foreign airlines, and airports in southern Russia are most affected, as the region is…...

1+ day, 17+ hour ago   (555+ words) In brief: The European Commission is reviving efforts to use frozen Russian reserves to finance Ukraine, exploring a new structure designed to overcome Belgium’s objections. The push comes as Kyiv faces a $27 billion defense funding gap and mounting pressure from…...

1+ day, 16+ hour ago   (819+ words) In brief: Contrary to what Putin said in Vladivostok, it has not been more profitable for Russia to sell crude than to refine it domestically. August’s figures saw Russia’s overall exports dropping by 7% and revenue dropping by 8%, with seaborne crude…...

1+ day, 11+ hour ago   (632+ words) In brief: EU ambassadors failed to agree on extending sanctions against Russia for a second time on Friday, Sept. 11, after France joined Slovakia in demanding the delisting of Russian-Uzbek oligarch Alisher Usmanov. The bloc will continue discussions on Monday, Sept....

3+ day, 6+ hour ago   (985+ words) In brief: PACE lawmakers have backed a proposal to use frozen Russian Central Bank assets to fund potentially billions in compensation for Ukraine under Strasbourg Court rulings. The Parliamentary Assembly of the Council of Europe’s (PACE) Legal Affairs Committee has…...

3+ day, 14+ hour ago   (359+ words) In brief: WOG fuel network owners are preparing to sell Bizbank, considering the commercial lender a secondary asset. FinTech company Activitis has emerged as the potential buyer. While antimonopoly clearance is secured, finalizing the deal requires central bank approval and…...

3+ day, 17+ hour ago   (381+ words) After Russia’s intensified strikes on Ukraine’s civilian logistics and retail businesses, added rebuilding costs and rising expenses could contribute roughly 0.4-0.6 percentage points to annual inflation by the end of 2026, National Bank of Ukraine (NBU) Deputy Governor Volodymyr Lepushynskyi wrote in…...