In Kyiv most small and medium-sized businesses are running at full capacity
is not too fussy about his wine. But he recently opened a bottle of red that tasted particularly good. The bottle was dusty—not from a long sojourn in a French wine cellar, but from a bomb that Russia dropped on a warehouse in the outskirts of Kyiv, leased by Mr Fiala’s firm to a local distributor. The bomb smashed 1.5m bottles, but a few cases survived, were cleaned up and put on sale under the label Vyzhyvshi . “I wanted a dusty bottle,” says Mr Fiala, in a packed Italian restaurant in Kyiv.
Having failed to conquer Ukraine or erase its identity, Vladimir Putin is trying to crush its economy. First he tried to At the same time Russia started bombing electricity infrastructure, forcing shutdowns in the steel and iron-ore industry, Ukraine’s second-biggest exporter. Furnaces were turned off at the huge ArcelorMittal plant in Kryvy Rih, the birthplace of President Volodymyr Zelensky. It was the largest employer by far in the city, which had a pre-war population of 600,000. Kryvy Rih is now largely dark, thanks to Russian missiles and drones.
Retaining a semblance of normal life is crucial to the wartime economy, employment and the spirits of Ukrainian people, says Serhiy Marchenko, Ukraine’s finance minister: “Domestic consumption is keeping our economy afloat.” Domesticreceipts are 40% higher than in the early months of the war, he says. The economy is resilient because Ukrainians are, he says, and because donors have been generous.since the start of the war. America gives mostly grants; Europe, cheap loans.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ukraine war: Explosions in central Kyiv amid air raid warningMayor Klitschko reports blasts in a central district of Ukraine's capital and air defences are activated.
Weiterlesen »
Ukraine minister welcomes Boris Johnson's call for UK supply of long-range missiles to KyivDmytro Kuleba, Ukraine’s Minister of Foreign Affairs, tells i that he would welcome the drones and long-range missile systems but the country needs field guns to defend advances on the frontline first
Weiterlesen »
Kyiv hit by pre-dawn drone attack for first time in weeks after air raid warningKyiv has been rocked by three explosions earlier this morning in the first drone attack against the Ukrainian capital in weeks.
Weiterlesen »
Supply Chain Woes Slow U.S. Solar Boom | OilPrice.com“America’s clean energy economy hindered by its own trade actions,” SEIA president and CEO Abigail Ross Hopper said in a statement.
Weiterlesen »
Kids still playing on frozen UK lakes despite deaths of 3 boys in Solihull tragedyChildren have been seen playing on frozen lakes and ponds on the same day three boys were confirmed to have died after tragically plunging through ice into freezing water
Weiterlesen »
Northern Ireland job market strong despite economy worriesThe employment rate - the proportion of people aged 16 to 64 who are in work- increased to 71.3%.
Weiterlesen »