Economy during the war

Since the beginning of Russia’s full-scale invasion, CES experts have issued a monthly overview of important trends and changes in the economy. On this page you will find information about how different sectors have changed as a result of the Russian invasion and what is happening to the economy now. This page also provides monthly overviews of the progress in reconstruction and recovery.

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agricultural complex budget business and investment energy eurointegration financial sector human capital industry international support monetary policy recovery russian assets social policy taxes trade

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Economy during the war
Economy during the war
March economic review in 2026. How to unleash bank lending to boost the Ukrainian economy?
Maksym Samoiliuk, Nataliia Kolesnichenko, Yeleazar Levchenko, Oleksandra Myronenko
19 March 2026
monetary policy war economy
Research
Public Investment Watchdog. February 2026
Nataliia Kolesnichenko
27 February 2026
recovery
Economy during the war
Economic review in February 2026. How do attacks on the energy system affect business activity?
Maksym Samoiliuk, Nataliia Kolesnichenko, Yeleazar Levchenko, Oleksandra Myronenko
17 February 2026
business and investment energy war economy
Research
Ukraine’s Economic Review: 2025
Nataliia Kolesnichenko, Yeleazar Levchenko, Oleksandra Myronenko, Maksym Samoiliuk
16 January 2026
war economy
Research
IFIs financing for Ukraine: how to make it faster and easier
Maria Repko, Maksym Samoiliuk, Andrii Akymenko
7 January 2026
war economy
Economy during the war
Economic review in December 2025. Will Ukraine have enough money in the 2026 state budget?
Maksym Samoiliuk, Nataliia Kolesnichenko, Yeleazar Levchenko, Oleksandra Myronenko
22 December 2025
war economy бюджет
Research
Ukraine’s resilience at risk: how the EU can bridge the 2026 financing gap
18 December 2025
Research
Recovery spending watchdog №24. December monitoring
8 December 2025
recovery war economy
Research
Economic review in November 2025. How this year’s harvest will affect Ukraine’s economy?
Maksym Samoiliuk, Nataliia Kolesnichenko, Yeleazar Levchenko, Oleksandra Myronenko
20 November 2025
agricultural complex war economy
Research
The recovery spending watchdog №23: more than three years of Ukrainian recovery
7 November 2025
recovery war economy

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Economy during the war

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Ukraine misses partners’ benchmarks: What happens to the funding?
31 March 2026
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