With or without Yatsenyuk: What painful reforms will Cabinet implement
Political crisis is raging in Ukraine. At stake is the fate of the government, which allegedly failed to meet expectations. UNIAN tried to figure out what reforms had worked, and what still needed to be changed in a number of economy sectors that directly affect the well-being of ordinary Ukrainians.
13:27, 19 March 2016
Expert: We hope Ukraine’s health minister loses it and tells everything just like Abromavicius
Executive Director of a charity fund called Patients of Ukraine, Olha Stefanishyna, has told UNIAN how much money is needed for treatment of critically ill patients; how MP Zagoriy and Deputy Health Minister Oleksandra Pavlenko were disrupting the adoption of revolutionary law on procurement of medicines, and who is to blame for the failure of healthcare reforms.
16:10, 17 March 2016
Startups might save Ukraine economy
Ukrainian startups show dynamic growth, becoming more attractive to international investors. Further development of innovative businesses can be a turning point for the national economy, which has yet to find its way toward revival.
09:00, 16 March 2016
Week’s balance: passion for PM, deflation, and $20 billion on roads
Ukraine has kept the intrigue with "pushing" Yatsenyuk from the prime minister’s post and searching for his potential successor; the country’s economy woke up after winter hibernation; and UAH 20 billion will be allocated for road repair – these are the main economic news of the past week.
13:30, 12 March 2016
Victims of transit war
Ukraine and Russia have entered the new round of transit conflict that seems to be over soon. Both parties have already suffered losses. But Ukraine may lose much more – the trust of its Western partners.
21:30, 05 March 2016
Week’s balance: new tariffs, Yanukovych debt and revision of social aid
Electricity tariffs for households have risen 25% from March 1, the Ministry of Finance responded to the Russian lawsuit in London court and announced the start of social payments verification, the National Bank eased a number of forex rules, and Japan is to allocate a new $300 mln loan for Ukraine. These are the main economic news of the past week.
13:40, 05 March 2016
Expert: EC is Ukraine’s hybrid ally in talks with Gazprom
President of Strategy XXI Center Mykhailo Honchar has predicted in an interview with UNIAN what the upcoming talks with Gazprom be like, explained why the process is delayed in the Stockholm arbitration, and elaborated on the fate of Russia’s gas projects bypassing Ukraine.
11:00, 03 March 2016
Week’s balance: Cabinet in limbo, transit war with Russia, and Yanukovych debt
Despite recognizing the Cabinet’s performance as unsatisfactory, the Parliament failed to dismiss it; Ukraine temporarily banned the transit of Russian trucks in response to the actions of the Kremlin; and the Russian Ministry of Finance lodged a suit with the London court against Ukraine for its failure to pay back the so-called "Yanukovych's debt" - these are the main economic news of the past week.
11:07, 21 February 2016
Recipe of soup a la reform from chef IMF
Ukraine’s key creditor, the International Monetary Fund (IMF), before allocating another tranche of financial aid, has strongly recommended that the Ukrainian authorities reviewed the tax legislation, lighten banking restrictions, improve operations with state assets and show concrete results in the fight against corruption.
09:15, 16 February 2016
Week’s balance: Cabinet maneuvers, IMF ultimatum, and accelerating inflation
In an unprecedented transparency, the Cabinet held a live meeting, approving the Action Plan for 2016 and calling on the other branches of power to not interfere with its work; the IMF demanded reforms and intensification of the fight against corruption; and the State Statistics Service reported on the acceleration of inflation – these are the main economic news of the past week.
16:30, 14 February 2016
Week’s balance: passion for Abromavicius, government unity, and hryvnia devaluation
A scandalous resignation of Aivaras Abromavicius, new old faces in the government and another round of devaluation – these are the main economic news of the past week.
21:00, 08 February 2016
How to make Gazprom become civilized
Ukraine has put forward new conditions for the transit of Russian natural gas, in line with the European and national legislation. Gazprom considers them unacceptable and could trigger another scandal. This will lead the parties to arbitration, which is likely to decide in favor of Ukraine.
09:00, 05 February 2016
Thirst for money. Turning investment desert into paradise
Despite the second year of the Russian aggression, Ukraine managed to attract $3 billion in foreign investment in 2015. However, economic growth requires much more substantial funds, which the country will try to get in 2016.
16:50, 02 February 2016
Week’s balance: attack on Cabinet, Kyoto scam, and purging Customs
The increased opposition between the Rada and the Cabinet, the scam with Kyoto funding, worsening forecasts of Ukraine’s economic growth, waiting for the assistance from creditors, and further fall of the hryvnia - these are the main economic news of the past week.
10:30, 01 February 2016
Ukrainian banks on reset
Ukrainian banks incurred record losses last year. While promising to bring as many problems to the bankers, the year of 2016 should also signal the healing of the system. Are the banks and the state regulator ready to tackle the challenges they are facing?
17:50, 28 January 2016
Pipe of contention
Construction of Nord Stream-2 may kill the Ukrainian transit route for the Russian gas. Only the European Union can disrupt the Kremlin’s evil plans, but Europe is divided into supporters and opponents of a new pipeline under the Baltic Sea.
22:45, 25 January 2016
Week’s balance: IMF tranche, fine for Gazprom, and fall of hryvnia
Ukraine in February, will receive $1.7 billion from the IMF, the Antimonopoly Committee fined Russia’s Gazprom a record $3.4 billion, the experts analyze the reasons for the fall of the hryvnia, and the prime minister spoke again on the fight against corruption - these are the main economic news of the past week.
21:10, 23 January 2016
Bypassing Russia’s Iron Curtain
Putin's Russia has dropped the Iron Curtain over the eastern border of Ukraine the Iron Curtain, not only banning deliveries of Ukrainian products to its market but also their transit to other countries. Kyiv hopes to enlist the support of the West in the fight against yet another act of a the Kremlin’s hybrid war.
16:00, 22 January 2016
Week’s balance: New Silk Road, electric shock to Crimea, and price of petrol
Ukraine has opened a New Silk Road bypassing Russia and refused to supply electricity to Crimea on the terms of the occupier, while the controversy is raging within Ukraine over petrol prices amid rapidly falling global oil prices - these are the main economic news of the past week.
20:07, 16 January 2016
Week’s balance: record inflation, Russian sanctions, and Ukraine's response
Ukraine has entered a new era in trade relations with the European Union, announced a record high annual inflation rate and is preparing a package of additional sanctions against the Russian Federation, which banned from January 1 the Ukrainian imports and transit of the Ukrainian goods - these are the main economic news of the past week.
17:00, 09 January 2016