Ukrainian interest. Maneuvers in Davos, magnetism of inauguration, and breakthrough in The Hague
The Economic Forum in Davos has become a platform for Petro Poroshenko’s intensive negotiations. Donald J. Trump’s inauguration was among the factors that destabilized the legislative process in Ukrainian Parliament. Ukraine has lodged a lawsuit against Russia with the International Court of Justice. Igor Dodon does not intend to recognize Crimea Russian territory.
Week’s balance: Hryvnia calms down as Ukraine counts days to securing IMF tranche
The International Monetary Fund has promised in the coming days to agree on the details of the decision on the allocation for Ukraine of a new tranche of the loan; the hryvnia seems to be calming down following the stormy days at year-start; and the government has brought to top agenda the issue of pension reform – these are the key economic news of the outgoing week.
Week’s milestones. Spurring minimum wage, Savchenko missing her target, and Avakov’s "caste"
The Ukrainian government has decided to make the most of the effect of the earlier raise of the minimum wage, but so far it has not succeeded much. Nadiia Savchenko seems to have outsmarted herself with the publication of Donbas POW lists. The incident with MP Serhiy Pashinsky using his firearm gave new impetus to public focus on the practice of Interior Minister Arsen Avakov awarding weapons to certain individuals.
Ukrainian interest. European confidence, Pinchuk’s interpretation, and showdown overseas
New Year’s festivities were no obstacle for senior officials of Ukraine and the EU to exchange opinions on prospects of development of bilateral relations. Ahead of Donald Trump’s inauguration, his opponents have been highly active in the media, which affects the actions of the future president and his team.
Week’s balance: Cabinet vows to create jobs, IMF promises decision soon, and hryvnia goes through storm
The National Bank went on the interbank market several times, selling foreign currency to support the falling hryvnia; the Government says it is up to create new jobs to fight unemployment and poverty; and the International Monetary Fund has promised to hold a meeting in the coming weeks on the allocation of another bailout tranche - these are the major economic events of the past week.