Despite the push from US President Donald Trump’s administration to get a peace deal between Ukraine and Russia by midyear, Ukraine’s economy cannot sharply transition from a war-time economy to sudden recovery – no matter how quickly the peace negotiations develop or what demands are levied on Ukraine by foreign partners or adversaries, National Bank of Ukraine First Deputy Governor Sergiy Nikolaychuk told Kyiv Post.
Yet the hope that Trump will end the war and broker a peace deal has already pushed Ukraine’s Eurobond price up by 22-71%.
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If Ukraine starts recovering in the first quarter of 2025, the real GDP may skyrocket by an additional 6% instead of the modest 3% currently predicted, Ukrainian investment bank Dragon Capital estimated.
“The National Bank stopped communicating timelines for…
