During the recent NATO summit, President Trump voiced confusion over the ongoing Ukraine-Russia war, initially expecting a swift resolution. While Ukrainians shared this hope, reality has set in as the conflict continues to strain the economy. Despite Western support, concerns arise over future financial aid sufficiency. Initial optimism for a peace dividend and reconstruction efforts has diminished, especially with Trump's focus shifting and Russian bombardments intensifying. Economic forecasts that included a potential ceasefire by mid-2025 are now reassessed, indicating that a recovery might take longer than previously anticipated.
“I'm surprised with him; I thought we would have that settled easy,” Trump said at a news conference Wednesday, adding that the Ukraine-Russia conflict has “been more difficult than other wars.”
The ceasefire was at the heart of all economic forecasts, that it could come somewhere in mid-2025,
Optimism in some quarters soared, with the price for Ukraine's government bonds peaking in mid-February.
The only major investment plan on the horizon - the recently signed deal with the United States to develop Ukraine's mineral wealth - is still years from development.
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