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Where in Europe people cannot afford a week's vacation - statistics
In 2025, 27.5% of EU residents aged 16 and over could not afford a week's holiday away from home. At the same time, over the past ten years, the situation has generally improved: in 2015, there were 35.2% of such people. However, the difference between countries remains very large. In Romania, the share of people who cannot afford a week's holiday is 61%, while in Switzerland and Norway it is about 9%.
In July, Ukraine imported a record amount of gasoline for the year: who supplied the fuel
In July, Ukrainian companies imported 196,000 tons of gasoline — this is the largest monthly volume over the past 12 months. Despite the transition of the market to gasoline of the E10 standard and the increase in global oil prices, importers managed to provide the domestic market with the necessary volumes of fuel.
In half a year, Ukraine increased imports of agricultural products to $4.7 billion: alcohol and fish rose in price the most
In the first half of 2026, Ukraine imported agricultural food products worth $4.7 billion. This is 8% more than in the same period last year. Purchases of alcohol and non-alcoholic beverages, fish, seafood and fruit increased most noticeably.
The "Google tax" brought UAH 11.3 billion to the budget of Ukraine in seven months
Foreign technology companies continue to actively pay VAT on electronic services they sell to Ukrainian users. For January-July 2026, such receipts to the state budget reached UAH 11.3 billion — UAH 1.5 billion more than in the same period last year.
ChatGPT expands free access: text chats can become unlimited
OpenAI has updated ChatGPT and expanded the capabilities of the free version of the service. Unlimited text communication, a new mode of deep analysis and an updated model are opened to users. Some of the new features are already available to users in Ukraine.
The "October Palace" in Kyiv, worth about 1 billion UAH, was returned to state ownership
The Commercial Court of Kyiv satisfied the lawsuit of the prosecutor's office and decided to return the complex of buildings of the former "October Palace" to the state. The estimated cost of the architectural complex is about UAH 1 billion. The lawsuit was filed by the prosecutor's office in the interests of the state in the person of the State Property Fund of Ukraine. The court decision concerns the ownership of one of the largest cultural and concert venues in the capital.
Ukrainians bought $2 billion worth of currency in July
In July 2026, Ukrainians purchased cash foreign currency worth $2 billion, while selling it for $1.5 billion. Thus, the purchase exceeded the sale by approximately $0.5 billion. For comparison, in June the difference was $0.51 billion, and in July last year - $0.33 billion.
International reserves of Ukraine decreased in a month: how much money is left
International currency reserves of Ukraine decreased by 0.1% in July. As of August 1, their volume amounted to $51.2 billion. The change in the indicator was influenced by the currency operations of the National Bank and payments on foreign debt. At the same time, a significant part of the costs was compensated by international financial assistance, the placement of currency bonds and the conversion of funds from the EU.
The NBU relaxed credit rules for business: what will change for entrepreneurs and farmers
The National Bank of Ukraine has adopted new measures to support businesses that have faced financial difficulties, logistical problems and infrastructure damage due to the war. Banks were allowed to carry out loan restructuring more flexibly, and it was simplified for agrarian businesses to attract financing against the collateral of products.
OpenAI removes limits on text chats in free ChatGPT
Unlimited correspondence OpenAI plans to expand the possibilities of free tariffs. Starting next week, Free users will be able to have unlimited text chats with ChatGPT.
Meta was fined $567 million due to the safety of children on social networks
The company Meta Platforms must pay $567 million to a special fund for mental health of young people and change the principles of operation of Facebook and Instagram for minors. A New Mexico court found the platforms a public threat because of their impact on children and insufficient protections against sexual exploitation.
Ballistic strikes cause hundreds of millions of hryvnias in damage to Kyiv: the KMDA spoke about the costs of restoration
Each ballistic shelling of the capital causes damage to the city of approximately **300-500 million UAH**\. Due to significant costs for the restoration of damaged buildings and infrastructure, Kyiv is forced to redistribute budget funds, in particular those that could be directed to other needs.
What changes are proposed? One of the draft laws provides for strengthening the norms regarding the use of the state language. In particular, it is planned to: expand the list of officials who are obliged to use the Ukrainian language during the performance of official duties; to simplify the procedure of checks and consideration of complaints regarding violations of language legislation; strengthen the protection of the Ukrainian language in the field of education, culture, activities of local self-government bodies and during election processes. The parliament notes that international partners will be informed in advance about the proposed changes in order to avoid speculations about a possible violation of the rights of national minorities. Fines for Russian music can increase thousands of times. The Committee also supported the draft law, which introduces a real mechanism of responsibility for the reproduction of Russian music in public institutions and the service sector. It is proposed to establish the following fines: UAH 8.5 thousand — for the first violation; up to UAH 170,000 for repeated violations. Currently, the legislation also contains a ban on the public reproduction of Russian music in certain cases, but the current administrative fines are only from 17 to 170 hryvnias, which, according to the authors of the draft law, does not have a deterrent effect. How the punishment procedure will change The document also provides for a change in the prosecution mechanism. If the law is passed, the Commissioner for the Protection of the State Language will be able to impose a fine directly during the inspection, without a prior order or requirement to eliminate the violation. This should make control more operational and effective. The committee also asks to support the book industry In addition to the language draft laws, the parliamentary committee appealed to the government with a proposal to strengthen support for the Ukrainian publishing industry. Among the initiatives: the allocation of funds for the restoration of the Book Chamber building, damaged as a result of Russian shelling; financing of equipping the book depository with the necessary equipment; development of assistance programs for Ukrainian publishing houses that suffered losses due to a full-scale war. Currently, the draft laws are only recommended by the committee for consideration. The final decision on the introduction of new fines and changes to the language legislation must be taken by the Verkhovna Rada during the voting.
The Committee of the Verkhovna Rada on humanitarian and information policy recommended that the parliament adopt draft laws that strengthen the protection of the Ukrainian language and introduce effective fines for the public reproduction of Russian music in institutions and the service sector. The initiators explain that the current ban actually does not work because of the symbolic amounts of punishment.
Massive attack on the Kyiv region: which Ukrainian companies were affected by the Russian shelling
As a result of the massive Russian attack on Kyiv and the Kyiv region on the night of August 5, logistics centers, warehouses and production facilities of a number of Ukrainian and international companies were damaged. Businesses are already assessing the scale of destruction and damage, while some facilities have temporarily suspended work.
Ukrainian investors got access to five more European ETFs: what does it change
The National Commission for Securities and Stock Market (NCSCFR) has allowed the circulation in Ukraine of five more foreign exchange-traded investment funds (ETFs), registered in Germany and Ireland. This decision expands opportunities for Ukrainian investors, who will be able to legally invest in international investment funds through licensed Ukrainian brokers. This was reported by the press service of the NCCPFR.
The demand for dairy products in Ukraine is decreasing: producers predict a new price increase
In Ukraine, the demand for dairy products is slowing down due to a decrease in the purchasing activity of the population, a decrease in the number of paying consumers and increased competition with cheaper European cheeses. Despite weaker demand, producers expect that by the end of summer and in the autumn-winter period, the price of most dairy products may increase by another 5-10%. This was reported in the Association of Milk Producers (AVM).
The economy of Ukraine returned to growth in the II quarter of 2026
In the second quarter of 2026, the economy of Ukraine again demonstrated positive dynamics. According to preliminary estimates of the State Statistics Service, real GDP increased both quarterly and annually, which indicates a gradual recovery of economic activity.
Ukraine is moving to a new electronic signature standard: what will change from September 1
From September 1, 2026, a new standard of qualified electronic signature (QES) will come into force in Ukraine. The Cabinet of Ministers decided on the final transition to the Ukrainian Kupina cryptographic algorithm, which will replace the outdated Soviet GOST standard. The new algorithm should strengthen the protection of electronic signatures against modern cyber threats and ensure the technological independence of the state.
Losses in the billions: Wildberries moves warehouses abroad after Ukraine destroys more than 20% of logistics capacity
The largest Russian marketplace Wildberries decided to move long-term storage goods to Kazakhstan, Uzbekistan and Belarus after Ukrainian drone attacks destroyed and damaged more than 20% of its logistics facilities. The company strives to minimize the risks of new losses and preserve product stocks.
The 2,000 hryvnia banknote will not lead to inflation: why the new denomination does not increase the amount of money
The introduction of a new 2,000 hryvnia banknote in Ukraine does not mean the start of a "printing press" or an automatic increase in inflation. The new denomination is designed to make cash circulation more efficient and corresponds to the changes that have already taken place in the economy in recent years.
Oil refining in Russia has fallen to its lowest level in almost a quarter of a century
In July 2026, the volume of oil refining in Russia fell to the lowest level since May 2002. One of the main reasons was the systematic attacks on the oil refining, transport and export infrastructure, which significantly limited the capabilities of the Russian fuel industry.
Ukraine has accumulated €7.35 billion "debt" for reforms to the EU
Ukraine has accumulated unfulfilled obligations under the reforms, which depend on the funding of the European Union within the framework of the Ukraine Facility and Ukraine Support Loan programs. The total amount of funds, the receipt of which is delayed due to overdue indicators, has already reached 7.35 billion euros. At the same time, the government emphasizes that it is not about the loss of funding, but about the need to complete the reforms in order to receive the stipulated payments.
Visa buys AI company BioCatch for $2.4 billion: how new technologies will change fraud protection
Visa has announced one of the biggest deals in fintech, acquiring BioCatch for $2.4 billion, as the payments giant plans to significantly boost its fight against online fraud by using artificial intelligence and behavioral biometrics to identify criminals before a payment is made.
For the fifth month in a row, business in Ukraine positively assesses its activities: what supports the economy and what risks remain
In July 2026, Ukrainian business demonstrated positive expectations for its own economic activity for the fifth month in a row. Despite the war, logistical difficulties and shortage of personnel, enterprises continue to work in the conditions of gradual recovery of the economy. The main factors of support were international financial aid, state investments in reconstruction, stable operation of the energy system and active consumer demand. At the same time, certain industries continue to face significant challenges that hold back the pace of development.
Digitizing the reconstruction of Ukraine: how artificial intelligence and electronic platforms help rebuild the country
Ukraine continues the large-scale digital transformation of reconstruction processes, integrating modern electronic services and solutions based on artificial intelligence. The Ministry of Community and Territorial Development is creating a single digital ecosystem that will bring together information on damaged facilities, construction, logistics, funding and community needs. This approach makes it possible to make decisions more quickly, allocate resources more efficiently, and increase the transparency of the implementation of the country's reconstruction projects.
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