KYIV, May 24 – The share of small and medium-sized enterprises (SMEs) without any financial reserves increased from 25% in October last year to 32% in May this year, while the share of companies with reserves for a year or more decreased from 14% to 12%, these are the results of a survey of SMEs by the European Business Association (EBA).

"Small and medium-sized enterprises are increasingly experiencing the negative impact of the economic consequences of Russian aggression. Over the past six months, losses caused by the war have increased significantly in SMEs," the association notes.