Politics & Economics

Zelensky, Costa, von der Leyen discuss strengthening Ukraine’s, Europe’s defense

Zelensky, Costa, von der Leyen discuss strengthening Ukraine’s, Europe’s defense

Ukrainian President Volodymyr Zelensky met with European Commission President Ursula von der Leyen and European Council President Antonio Costa in Brussels, with key topics of discussion including air defense systems, weapons, and ammunition for Ukraine. The head of state shared details of the meeting on Telegram, according to Ukrinform. "During a meeting with European Commission President Ursula von der Leyen and European Council President Antonio Costa in Brussels, we discussed strengthening the defense capabilities of Ukraine and all of Europe. Air defense, weapons and ammunition for Ukraine, timely deliveries, strengthening Ukraine's defense industry, EU accession negotiations, the need to increase…
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NBU Governor expects average deposit rates to rise

NBU Governor expects average deposit rates to rise

The National Bank of Ukraine (NBU) has recorded a halt in the trend of decreasing interest rates on deposits and expects their further increase following the latest monetary policy decisions. This is how NBU Governor Andriy Pyshnyy commented on the relevant question from Ukrinform at a monetary briefing. “The downward trend in deposit interest rates has stopped. Moreover, in January, we recorded a slight, but significant increase in interest rates, and we believe that it should be more significant. We need to maintain this trend,” Pyshnyy said. He noted that by raising the key policy rate and revising the parameters…
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NBU raises key policy rate to 15.5%

NBU raises key policy rate to 15.5%

The National Bank of Ukraine (NBU) has raised the key policy rate to 15.5%. NBU Governor Andriy Pyshnyy announced this at a briefing, an Ukrinform correspondent reports. “The Board of the National Bank of Ukraine has decided to raise the key policy rate to 15.5% per annum and to adjust the operational framework parameters of its interest rate policy. These decisions aim to support the attractiveness of hryvnia savings, maintain the sustainability of the FX market, and keep inflation expectations in check, which will allow bringing back the steady disinflation trajectory toward the 5% target,” Pyshnyi said. He has noted…
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