Business news from Ukraine

Business news from Ukraine

New government is being formed in Denmark

King Frederik X of Denmark, given that Social Democratic leader and long-time pro-Ukrainian Prime Minister of Denmark Mette Frederiksen was unable to secure sufficient support to form a government, has entrusted this task to the current Minister of Defense and leader of the Liberal Party, Troels Lund Poulsen. This is stated in a press release from the Danish Royal Palace.

“Representatives of the Liberal Party, the Danish People’s Party, the Liberal Alliance, the Moderates, the Conservative People’s Party, the Danish Democrats, and the Civic Party—which together hold 87 seats—recommended that Liberal Party leader Troels Lund Poulsen lead the negotiations on forming a government,” reads the statement following the king’s meeting with representatives of political parties on the Royal Palace’s website, which took place on the evening of May 8.

Representatives of the Social Democratic Party, the Socialist People’s Party, the Red-Green Alliance, the Radical Left Party, and the Alternative, which together hold 84 seats, advised that incumbent Prime Minister Mette Frederiksen be tasked with leading the government formation talks once again.

Following this, the king received Frederiksen, who, in light of the parties’ statements, advised Frederik X to entrust Poulsen with leading such negotiations.

Accordingly, the king asked Poulsen to lead the negotiations on forming a government.

On May 8, Mette Frederiksen informed the king that, following the first round of negotiations, she had been unable to secure sufficient support from the parties to form a government. In the Danish parliamentary elections on March 24, Frederiksen’s Social Democrats won, but the centrist party of incumbent Foreign Minister Lars Løkke Rasmussen secured the “golden share” with 14 seats.

Subsequently, Rasmussen, who serves as foreign minister in Frederiksen’s government, issued an ultimatum to her.

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Ukraine Is Ready to Deepen Parliamentary Cooperation with Hungary

Ukraine is ready to deepen parliamentary cooperation with Hungary, said Ruslan Stefanchuk, Chairman of the Verkhovna Rada.

“I congratulate Ágnes Forsthoffer (Ágnes Forsthoffer – IF-U) on her appointment as Speaker of the National Assembly of Hungary… Ukraine is ready to deepen parliamentary cooperation, strengthen interpersonal ties, and develop practical initiatives in the areas of trade, education, and cultural exchange,” Stefanchuk wrote on Facebook on Saturday.

According to him, he hopes for close cooperation and the further strengthening of the Ukrainian-Hungarian partnership in various areas.

The Speaker of the Ukrainian Parliament wished Forsthofer success in realizing the will and aspirations of the Hungarian people.

Forsthofer, who previously served as deputy chair of Péter Magyar’s “TISZA” party, was elected Speaker of Parliament on May 9.

As reported, the Hungarian Parliament elected Magyar as the country’s prime minister on Saturday.

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Off coast of Tenerife, preparations underway for international evacuation of passengers from cruise ship due to hantavirus outbreak – media reports

An international evacuation of passengers from the luxury cruise ship MV Hondius is being prepared off the coast of Tenerife after an outbreak of hantavirus was detected on board, causing several cases of illness, while the World Health Organization emphasizes that the risk to public health remains low, Reuters reports.

European countries and the United States are organizing the evacuation of their citizens from the ship, which is heading to a Spanish port near Tenerife, after the WHO informed member states of the evacuation procedure and recommended enhanced medical monitoring of passengers for 42 days from the time of their last contact.

WHO Director-General Tedros Adhanom Ghebreyesus stated: “I want you to hear me clearly: this is not another COVID. The current public health risk from hantavirus remains low.”

According to the organization, six cases of infection have been laboratory-confirmed, with two more suspected cases; among the deceased are a married couple from the Netherlands and a German citizen.

The cruise ship is expected to drop anchor near the island between 3:00 a.m. (6:00 a.m. Kyiv time – IF-U) and 5:00 a.m. (8:00 a.m. Kyiv time – IF-U), after which the evacuation will take place from Sunday through Monday at the industrial port of Granadilla.

Passengers will be transported to shore in sealed and secured vehicles via an isolated corridor, followed by repatriation to their countries of origin, while their luggage and the body of the deceased will remain on board until disinfection is complete.

Belgium, France, Germany, Ireland, and the Netherlands have already sent planes to evacuate their citizens; the EU is sending two additional planes for other European passengers, while the U.S. and the U.K. are preparing their own flights and contingency plans.

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Forecast of dynamics of changes in ukrainian GDP in % for 2022-2025 in relation to previous period

Forecast of dynamics of changes in ukrainian GDP in % for 2022-2025 in relation to previous period

Central Election Commission of Bosnia and Herzegovina has scheduled general elections for October 4

According to the “Serbian Economist,” the Central Election Commission of Bosnia and Herzegovina has scheduled general elections for October 4, 2026, the country’s election commission reports.

About 3.3 million registered voters will be called upon to elect the new composition of the country’s highest authorities at several levels. Voting will take place for members of the collective Presidency of Bosnia and Herzegovina, deputies to the House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina, the Parliament of the Federation of Bosnia and Herzegovina, the National Assembly of the Republika Srpska, the president and vice presidents of the Republika Srpska, as well as cantonal assemblies within the Federation of Bosnia and Herzegovina.

The elections will traditionally be one of the key political events in the region, as Bosnia and Herzegovina remains a state with a complex system of governance, where a significant portion of decisions depends on the balance between Bosniaks, Serbs, and Croats, as well as on relations between the two entities.

At the state level, citizens elect three members of the BiH Presidency: one Bosniak, one Croat, and one Serb. The Bosniak and Croat members are elected within the Federation of Bosnia and Herzegovina, while the Serb member of the Presidency is elected within the Republika Srpska. At the same time, a state-wide parliament is formed, upon which the work of the BiH Council of Ministers depends.

The elections will take place against the backdrop of ongoing political tensions in the country. In recent years, the Republika Srpska has remained the center of conflicts between the entity’s authorities, BiH state institutions, and the international community. Reuters previously noted that the leadership of the Republika Srpska had been pushing a separatist agenda, which hindered the implementation of reforms and the work of state-level institutions.

For the region, the election results will be significant in terms of Bosnia and Herzegovina’s stability, its European integration, relations with Serbia and Croatia, as well as the role of international institutions that continue to participate in supporting the Dayton system.

Bosnia and Herzegovina is structured as a complex state established following the 1995 Dayton Peace Agreement. The country consists of two main entities: the Federation of Bosnia and Herzegovina and the Republika Srpska, as well as the separate Brčko District with special status. The Federation of BiH, where the majority of the population consists of Bosniaks and Croats, is further divided into 10 cantons with their own authorities. The Republika Srpska has its own government, parliament, and president. The Brčko District formally belongs to both entities but effectively functions as a separate self-governing administrative unit under the sovereignty of BiH.

This system makes BiH one of the most complex countries in Europe in terms of governance. In practice, power is distributed among the state level, the entities, the cantons, and the Brčko District. Therefore, elections in the country are not only a contest between parties but also a test of the balance between different ethnic communities, levels of government, and foreign policy orientations.

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How Much Ukrainians Willing to Spend on Housing in 2026: Results of DIM.RIA Survey

The Ukrainian marketplace for verified real estate, DIM.RIA, conducted a survey of its audience, in which over 2,500 Ukrainians participated. The aim of the study was to determine Ukrainians’ plans, priorities, and budgets regarding the purchase and rental of housing. The results showed that in 2026, every second Ukrainian plans to purchase real estate, with the majority of home seekers targeting a budget of up to $60,000.

Despite the war, most Ukrainians will continue to live in their hometowns in 2026. At the same time, 33.7% have changed their place of residence since February 24, 2022. Moreover, nearly half of those surveyed do not own their own home: almost 40% rent, and 7.6% live in temporary housing.

51.1% of Ukrainians plan to purchase real estate this year. Interest in single-family homes is growing in 2026: 34.7% are specifically looking to buy this type of property. Owning a home allows for greater control over utilities (electricity, heating, water), which in turn provides a greater sense of security and control.

25.9% are considering the secondary market—this allows them to move in faster without waiting for construction or renovation to be completed

A third of respondents have seen their budget for purchasing real estate decrease in 2026: for 33.9%, the budget has decreased; for 29.4%, it has increased; and for 36.8%, it has remained unchanged. The largest share, 43.1% of respondents, are willing to spend between $30,000 and $60,000 on housing, while 33.3% can allocate even less, up to $30,000. Thus, over 76% of respondents are targeting a budget of up to $60,000.

Among the priorities Ukrainians consider when choosing a home to buy, income level, real estate prices, and the overall security situation in the country take center stage. In contrast, government programs, such as eOselya, and mortgages take a backseat in the decision-making process. The key factors when renting are financial situation and contract terms

Overall, the real estate market remains focused on affordable housing, and financial factors determine both purchasing and renting

DIM.RIA – a marketplace for buying and renting verified housing. A product of the Ukrainian IT company RIA.com. Currently, the marketplace has a website and an app for iOS and Android devices.

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