European Bank for Reconstruction and Development: Lowered the 2026 regional growth forecast by 0.6 percentage points to 2.5%, while raising the 2027 growth forecast by 0.4 percentage points to 4%. As Russian air strikes increase, Ukraine's economic outlook “deteriorates significantly” and is close to “stagnation.” The Black Sea attack could reduce Ukraine's exports of wheat, metals, and oilseeds by as much as $5.5 billion in 2026. Ukraine's economic growth forecast for 2026 was lowered by 0.7 percentage points to 1.5%, and the 2027 forecast was lowered by 1.5 percentage points to 2.5%.

European Bank for Reconstruction and Development: Lowered the 2026 regional growth forecast by 0.6 percentage points to 2.5%, while raising the 2027 growth forecast by 0.4 percentage points to 4%. As Russian air strikes increase, Ukraine's economic outlook “deteriorates significantly” and is close to “stagnation.” The Black Sea attack could reduce Ukraine's exports of wheat, metals, and oilseeds by as much as $5.5 billion in 2026. Ukraine's economic growth forecast for 2026 was lowered by 0.7 percentage points to 1.5%, and the 2027 forecast was lowered by 1.5 percentage points to 2.5%.