Ukraine is going through a crucial period in its history, continuing its path toward joining the European Union despite a full-scale invasion. It is not a surprise that so much attention is drawn to this process both within Ukraine and beyond its borders. That is why Bendukidze Free Market Center and the Institute of Economic Research and Political Consultations launched the project “Monitoring Ukraine’s Accession Into the EU”.

The full-scale invasion has become the most exhausting challenge for Ukraine’s economy. Nevertheless, the Ukrainian business sector with strong medium-sized private enterprises has demonstrated outstanding resilience despite economic downfall, missile and drone attacks, and electricity outages. The IER research asserts that in the last two decades, Ukraine has grown a new private sector that secures Ukraine’s resistance.

Amid full-scale Russian military aggression, Ukrainian businesses have showcased remarkable resilience, buoyed by enduring optimism even as uncertainty clouds the horizon. This sentiment emerges from the monthly surveys conducted by the Institute of Economic Research and Political Consultations (IER), providing valuable insights into the ever-changing landscape of business activity in times of war.

Russian speakers

Europe woke up in a different reality on February 24, 2022. Shocked, angered, frightened, stressed, outraged – we can probably find many words to describe the primal and visceral feelings of people. But there was one very clear-cut line: whether or not one supported Ukraine which fell victim to the barbaric and criminal Russian invasion. This was a turning point for many things, including shifting identities for many Latvian Russian-speakers.