Business & Economy: Trump is starting to tell the leaders of the European union how to end the conflict in Ukraine. However, his demands are going to test the limits of the EU.

EU’s burden to protect Ukraine and expanding militaries

Leading business associations in Ukraine have raised alarms over proposed draft legislation that aims to overhaul the mobilisation process for troops. The European Business Association, representing approximately 1,000 companies, emphasised the need for balance between military requirements and economic stability.

Ukrainian businesses express concerns over proposed mobilisation law impact on economy

As the Ukraine war stretches beyond 580 days, the world watches with bated breath, with tensions mounting along the frontlines. Since its inception in February 2022, this conflict has not only transformed the geopolitical landscape but has also left a significant imprint on the global economic order.

News in numbers: The human & economic cost of the Ukraine war

Ukraine's economic ministry has said that the country's economy shrank 16 per cent year-on-year in the first quarter of this year due to Russia's invasion. Citing preliminary estimates, it has also predicted that the Ukraine's economy could contract 40 per cent in 2022.

Ukraine's economy could contract 40% in 2022 due to Russian invasion

In a video address, Ukrainian President Volodymyr Zelensky on Monday (March 14) said that he had asked the government to ease tax pressure on small and medium-sized businesses because of the ongoing conflict between Russia and his country.

'Economic suppression of Ukraine is one of the war's goals': Zelensky orders to restore businesses

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EU’s burden to protect Ukraine and expanding militaries

Ukrainian businesses express concerns over proposed mobilisation law impact on economy

News in numbers: The human & economic cost of the Ukraine war

Ukraine's economy could contract 40% in 2022 due to Russian invasion

'Economic suppression of Ukraine is one of the war's goals': Zelensky orders to restore businesses