"When the first Ukrainian-designed drone to be made in a German factory rolled off the production line last month, Volodymyr Zelenskyy knew it marked a turning point for the economy. With drone-making joint ventures also well advanced in Finland and Denmark, war-torn Ukraine has shown how its businesses can adapt and break out of their bomb-threatened domestic confines, becoming more integrated into the EU's industrial network with each passing day."
"As the grim four-year anniversary of Russia's full-scale invasion of Ukraine is marked on Tuesday,the Ukrainian economy continues to shows resilience under great strain. Last year, the economy was expected to grow by 2% to 3%, but Russia's rockets and drones reduced the rate of expansion to 1%. This year, economic growth is expected to improve, though the persistent Russian attacks will cut expansion from a previously expected 2.2% to 1.8%, forecasters at Ukraine's central bank said last month."
The first Ukrainian-designed drone was produced in a German factory, and joint ventures in Finland and Denmark are advancing, integrating Ukrainian businesses into EU manufacturing networks. The economy shows resilience amid the four-year war, with last year's growth trimmed from an expected 2–3% to 1% due to Russian rockets and drones. Forecasts expect modest improvement this year but attacks cut projected expansion from 2.2% to 1.8%, according to the central bank. Brussels has eased cross-border rules for Ukrainian-registered trucks to reduce paperwork. Political momentum for EU accession exists, and a concept of progressive membership could grant staged access while monitoring reforms.
Read at www.theguardian.com
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