Holding Steady: Ukrainian Businesses Show Resilience as Recovery Slows
BY
Oksana Kuziakiv AND The Institute for Economic Research and Policy Consulting - Kyiv / June 23, 2026
More than four years into Russia’s full-scale invasion, Ukrainian businesses continue to demonstrate remarkable resilience. Yet, the results of the latest New Monthly Enterprises Survey (NRES), conducted by the Institute for Economic Research and Policy Consulting (IER) in May 2026, suggest that signs of a slower economic recovery are becoming increasingly visible.