Business news from Ukraine

Business news from Ukraine

EU Council and European Parliament agree on budget

The EU Council announced on Saturday that it has agreed with the European Parliament on a €192.8 billion EU budget for 2026.

“Today’s agreement demonstrates that Europe is able to act even in challenging times. The EU budget for 2026 will allow us to realize our common priorities: security, competitiveness and border management – while ensuring that we can respond quickly and effectively to unforeseen needs and crises,” said Nicolai Wammen, Minister of Finance of the Danish Presidency of the Council of the EU and the Council’s chief negotiator on the 2026 budget.

The total EU budget commitment for 2026 is €192.8 billion and total disbursements €190.1 billion. “Commitments are legally enforceable promises to spend money on activities whose implementation is spread over several financial years. Payments cover expenditure arising from commitments made under the EU budget in the current and previous financial years,” the council explains in a published communiqué.

This is the sixth annual budget of the EU’s long-term budget for 2021-2027. The 2026 budget is complemented by measures to support post COVID-19 recovery under the special NextGenerationEU program, the document notes.

Disbursements for EU defense and security in 2026 are planned at €2.25 billion. For migration and border management – 3.88 billion euros. For neighborhood policy and foreign policy – 16.56 billion euros. For the common market, innovation and digitalization – 23.33 billion euros.

Now the EU Council and the European Parliament must formally approve the agreement reached. The EU Council is expected to approve it on November 24. A qualified majority vote is required to pass the budget, according to the communiqué.

 

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Number of cases of AWOL increased 4 times in year

More than 161,000 criminal proceedings on unauthorized abandonment of a military unit (UAW) were opened in the first 10 months of 2025, according to the Prosecutor General’s Office of Ukraine. This is 4 times more than in the same period last year. Every month, law enforcement officers register almost 16,000 new cases of AWOL. So far, only 5% of cases have gone to court.

161,461 cases of unauthorized leaving of a military unit (Article 407 of the Criminal Code) were recorded in 10 months of 2025. This is 4 times more than in the same period last year.

The number of cases that took 12 months to accumulate three years ago is now recorded in less than two weeks. Every month, law enforcement officers register almost 16,000 new cases of “unauthorized absence,” while in 2024 there were about 5,000 per month, in 2023 – only 1,500, and in 2022 – only 6,000 for the entire year.

Despite the record number of proceedings, only 9,300 servicemen were served with suspicion notices, which is about 6% of all registered cases, and only 5% went to trial. For comparison, back in 2022, every fifth case went to trial.

It should be reminded that until August 30, 2025, a simplified mechanism for returning servicemen after the Joint Forces Operation without criminal liability was in place. Thus, soldiers who wished to continue their service could apply and return to the army in a reserve unit within 72 hours.

However, this option was available to soldiers who had completed their service before May 10. Those who did so after that date could return only to the unit they left, and reinstatement could take months.

It should be noted that unauthorized leaving of a military unit under martial law is punishable by imprisonment for a term of 5 to 10 years.

https://opendatabot.ua/analytics/awol-2025

Former EU ambassador: Ukraine is now more ready for EU membership than Balkan countries

Former head of the European Union delegation to Ukraine José Manuel Pinto Teixeira said that Ukraine is currently more ready to join the EU than a number of Western Balkan countries. He said this in an interview with Deutsche Welle. According to the diplomat, fears about the new stage of EU enlargement are exaggerated.

Teixeira noted that Ukraine has significant potential for the EU: it is a large country with natural resources, developed agriculture, and an educated and hard-working population that has demonstrated resilience and courage in the face of war. He stressed that Ukraine’s accession would be an “important acquisition” for the European Union in terms of territory, resources, and human capital.

The former ambassador recalled that Ukraine has made significant progress in the fight against “physical corruption” since the Revolution of Dignity, but such reforms always take a long time. He stressed that Ukraine remains a unique case in modern history: a country in the midst of a full-scale war is simultaneously carrying out reforms and moving towards European integration.

Teixeira pointed out that Ukraine continues to reform its public administration system amid constant Russian missile and drone attacks on civilian infrastructure. At the same time, Moscow, despite its status as a permanent member of the UN Security Council, is effectively avoiding international responsibility for its actions.

Assessing the prospects for EU enlargement, Teixeira said that the long preparation period for the Western Balkan countries does not in itself mean that they are more ready for accession than Ukraine. In his view, Kyiv is already ahead of a number of Balkan states in terms of its fulfillment of most of the key criteria, but must continue with reforms even after receiving candidate status.

He recalled that Ukraine is moving forward in the same “enlargement package” as Moldova and the Western Balkan states of Albania, Montenegro, Serbia, North Macedonia, Kosovo, and Bosnia and Herzegovina, which have been negotiating for many years but face chronic problems of the rule of law, corruption, and territorial disputes.

José Manuel Pinto Teixeira headed the EU Delegation to Ukraine from 2008 to 2012 and is now vice president of the European Center for Electoral Support (ECES) in Brussels.

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Ukraine’s positive foreign trade balance in services for first nine months of 2025 decreased by 1.9 times

Ukraine’s positive foreign trade balance in services in January-September 2025 decreased by 47.3% compared to the same period in 2024, to $856.8 million (in January-September 2024, it was $1,652.8 million), the State Statistics Service reported on Friday.

According to its data, exports of services for the nine months of 2025 decreased by 15.7% to $6,338.7 million, while imports decreased by 7% to $5,481.9 million.

The export-to-import coverage ratio was 1.16 (1.28 for the first nine months of 2024).

Foreign trade operations were conducted with partners from 211 countries around the world.

The structure of foreign trade in services for the first nine months of 2025 can be found at:

Source: https://expertsclub.eu/pozytyvne-saldo-zovnishnoyi-torgivli-ukrayiny-poslugamy-za-9-misyacziv-2025-roku-skorotylosya-u-19-raza/

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Regulators increasing their influence on crypto market — Fixygen analysis

Fixygen analyzed the importance of regulators and their role in the crypto asset market. The cryptocurrency market is becoming increasingly sensitive to the rhetoric of central banks and the actions of financial regulators. Against the backdrop of expectations of interest rate changes and tighter rules for stablecoins and exchanges, the regulatory agenda is becoming one of the main drivers of price movements.

In its latest comments, the US Federal Reserve has allowed for the possibility of lowering the key rate in 2025, provided that inflation is under control. For cryptocurrencies, this is a signal of a potential increase in risk appetite and growth in liquidity in financial markets. The Fed’s policy easing traditionally supports interest in Bitcoin, Ether, and major altcoins, as investors are more actively engaging in strategies in the high-yield asset segment.

The European Central Bank maintains a more hawkish rhetoric, emphasizing the need to keep rates high to combat inflation, but at the same time notes a slowdown in the eurozone economy. This situation limits the inflow of European institutional capital into the crypto market in the short term, but reinforces expectations of future easing, which could be an additional stimulus for digital assets in the medium term.

The UK, through the Financial Conduct Authority, is tightening rules for stablecoins and crypto exchanges. The regulator is introducing stricter requirements for issuers’ reserves, transaction transparency, and investor protection. This increases the reliability of large stablecoins and infrastructure players, but may drive some smaller and less transparent projects out of the market.

Japan and South Korea are continuing their policy of tightening control over the crypto market with a focus on protecting retail investors. This includes stricter token listing rules, increased requirements for proven reserves, and exchange liability for fraudulent schemes. At the same time, these countries remain among the most technologically advanced markets, where digital finance and trading platforms are actively developing.

China officially maintains a tough stance on cryptocurrency trading, but at the same time promotes state blockchain solutions and the digital yuan. Through Hong Kong and special regimes for fintech companies, projects in the field of Web3 and tokenization are supported. Any easing or new pilot regimes in Hong Kong quickly affect regional liquidity and activity on Asian platforms.

Taken together, the statements and actions of regulators are creating a complex but gradually more structured environment for the cryptocurrency market. The easing of US monetary policy, stricter requirements for stablecoins and exchanges in Europe and Asia, and experimental regimes in China and Hong Kong will remain key factors for price dynamics and investor sentiment in the coming months.

Source: https://www.fixygen.ua/news/20251117/zayavi-tsentrobankiv-i-regulyatoriv-analiz-togo-yak-voni-mozhut-vplinuti-na-rinok-kriptovalyut.html

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Crypto market in red zone – analysis by Fixygen

The cryptocurrency market is experiencing one of the sharpest declines in recent months. According to estimates by specialized media, over the past 41 days, the total market capitalization has fallen by approximately $1.1 trillion, and Bitcoin has fallen by almost 25% from its historic October high of over $126,000 to levels below $95,000.

Against this backdrop, most major cryptocurrencies are trading in the red. Over the past week, Ethereum has lost more than 11%, falling to around $3,200, Solana has fallen by about 15% to $141, and XRP has fallen by more than 9%. Analysts note that the fall in Bitcoin triggered a chain reaction among the major altcoins: XRP, BNB, Solana, Cardano, and Zcash showed declines of 5-12% per day on certain days.

The riskiest segments of the market fell the hardest. Against the backdrop of general uncertainty, the value of meme tokens and speculative altcoins is declining significantly. Certain themed coins, such as Rizzmas (RIZZMAS) and SANTA, lost about 30% and 48% respectively in a week, demonstrating high sensitivity to liquidity outflows and declining interest from retail investors. In annual terms, certain meme tokens, including PEPE, have already lost up to 80% of their value, according to analysts’ estimates.

Medium and small-cap cryptocurrencies are seeing double-digit declines every day. According to some platforms, tokens such as Supra, DMAIL Network, Verasity, Stafi, and LooksRare regularly make it onto the list of daily outsiders, losing between 14% and 18% or more in a day. This segment is characterized by low liquidity, so any large sales lead to sharp price drops.

Macroeconomic factors are putting additional pressure on the market. Against the backdrop of declining expectations of a rapid easing of Fed policy, some investors are exiting risky assets. Spot Bitcoin ETFs in the US are seeing their highest outflows since February on some days, and the crypto market fear index has fallen to three-year lows, according to estimates by analytical resources.

For investors, the current correction means that the leaders of the decline are most often those assets that showed the greatest dynamics in the previous growth phase and attracted speculative capital. In the short term, the market remains influenced by sentiment and news related to the monetary policy of the largest central banks. In the medium term, the key issue will be the ability of the largest cryptocurrencies to maintain long-term support levels and restore the confidence of institutional players.

Source: https://www.fixygen.ua/news/20251117/kriptorinok-u-chervoniy-zoni-analiz-fixygen.html

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