Ukraine's Winter Forecast: Economy and Politics

Podcast: Brussels Sprouts · Center for a New American Security | CNAS

Opublikowano: 2026-10-05

A fast-approaching winter looms over Ukraine. Russia has intensified a concerted campaign against the infrastructure that keeps Ukraine’s economy running, striking railways, warehouses, steel plants, and energy facilities. The attacks threaten production and exports and further strain Kyiv’s finances just as temperatures begin to drop. Last week, the European Bank for Reconstruction and Development downgraded its 2026 growth forecast for Ukraine from 2.2 percent to 1.5 percent. Europe, meanwhile, is signaling an inability—or an unwillingness—to cover the added cost of Ukraine’s war effort. In early September, Ukrainian officials reported a $27 billion deficit in the defense budget. Pr...