Week’s balance: Satisfied IMF, punished Russia, and freedom-loving UK

The Ukrainian Government has reported about the successful talks with the IMF on a new memorandum; Europe has extended sanctions against Russia; and Brexit supporters have won in a UK referendum – these are the main economic news of the past week.
17:41, 25 June 2016
Week’s balance: Satisfied IMF, punished Russia, and freedom-loving UK

Brexit: view from Wall Street

UNIAN has asked the people who deal with one-third of the world’s money – financial brokers of Wall Street – about the future of Britain following the UK vote to leave the European Union. Unlike many Ukrainian “Facebook experts,” the world’s wealthiest financiers still don’t know what to expect.
12:40, 25 June 2016
Brexit: view from Wall Street

Algirdas Šemeta: "I have never seen in my extensive experience the criminal law being so widely applied to the businesses"

Ex-Minister of Finance of Lithuania and former EU Commissioner Algirdas Šemeta, who is now the Ukrainian business ombudsman, explained in an interview with UNIAN, what problems the businesses in Ukraine face, what deters foreign investors and what changes are needed to improve the business environment.
15:00, 23 June 2016
Algirdas Šemeta: "I have never seen in my extensive experience the criminal law being so widely applied to the businesses"

Staying strong against Gazprom

Ukraine has refused to buy gas at the price offered by Gazprom. Experts believe this position is justified and assure that the country will not freeze in the winter as the necessary volumes of gas will be purchased in Europe, at cheaper prices. But unfortunately, cheaper gas will not reflect in lower tariffs.
15:30, 22 June 2016
Staying strong against Gazprom

World Bank Country Director for Ukraine: "There is a risk that reforms will not move forward"

World Bank’s Country Director for Ukraine Qimiao Fan is leaving his post due to rotation. In his last interview before leaving, he told UNIAN about the future strategy of the World Bank’s operations in Ukraine and priority steps needed to be taken by the Ukrainian authorities.
09:00, 22 June 2016
World Bank Country Director for Ukraine: "There is a risk that reforms will not move forward"

Week’s balance: Groysman in U.S., billion from WB, and another growth of tariffs

Ukrainian authorities have spoken with the Western creditors, received the money needed for reform and announced yet another spike in tariffs for utility services - these are the main economic news of the past week.
12:00, 18 June 2016
Week’s balance: Groysman in U.S., billion from WB, and another growth of tariffs

Andriy Herus: "Rotterdam formula" only beneficial to heat generation, coal mining business, most of which owned by one man

Ex-member of the National Energy and Utilities Regulatory Commission (NEURC) Andriy Herus in an interview with UNIAN has told, what the outcome will be of implementing a "Rotterdam + shipping" pricing formula for Donbas coal, and how much the heat generation, 70% of which is owned by a businessman Rinat Akhmetov, will earn from these changes.
23:20, 16 June 2016
Andriy Herus: "Rotterdam formula" only beneficial to heat generation, coal mining business, most of which owned by one man

Infrastructure Minister: The better the managers we think we have, the longer the trail of corruption behind them

Ukraine's Infrastructure Minister Vladimir Omelyan in an interview with UNIAN has told when high-quality roads will be laid in Ukraine and sea ports will stand competition. He also said who the nominees for the position of the Ukravtodor CEO were, and explained the situation with cargo transportation in the ATO zone.
22:10, 15 June 2016
Infrastructure Minister: The better the managers we think we have, the longer the trail of corruption behind them

Currency unleashed

Having taken advantage of the currency market stabilization and the beginning of economic recovery, the National Bank eased a number of foreign currency restrictions for businesses and citizens. Experts warn of upcoming exchange rate fluctuations, although they see no reason for panic.
19:10, 14 June 2016
Currency unleashed

Week’s balance: Melting forex, taming inflation and fighting subsidies

Ukraine’s finance ministry presented the main budget parameters for the next year, the inflation in annual terms slowed to a two-year-old level, and the National Bank significantly eased forex restrictions - these are the main economic news of the past week.
11:22, 11 June 2016
Week’s balance: Melting forex, taming inflation and fighting subsidies

When will Groysman’s new task force tackle smuggling

The Ukrainian Cabinet approved the creation of a so-called "Black Hundred" - an interagency task force on combating smuggling and corruption in customs. However, some politicians and experts believe that the "Black Hundred" operatives will create greater problems for honest businesses than for smugglers and corrupt officials.
09:00, 09 June 2016
When will Groysman’s new task force tackle smuggling

Strategic advisor Miklos: "I don’t know any other country that is so far below its potential"

For the past two years, Ukraine has progressed in reforms more than it has over the previous 20 years. However, Ukraine could do more, and a key role here has to be played not only by technocratic ministers but also by the Ukrainian politicians, who should abandon populism, that’s according to a co-chair of the Strategic group of advisors for supporting Ukraine’s reforms Ivan Miklos.
22:12, 07 June 2016
Strategic advisor Miklos: "I don’t know any other country that is so far below its potential"

Minister of Agrarian Policy Kutovyi: We want to delay lifting moratorium on land sales

Minister of Agriculture and Food of Ukraine Taras Kutovyi has told in an exclusive interview with UNIAN of his forecast for this year’s harvest, explained what the land lease market is, what the procedure will be of aid distribution among the farmers, and also why Ukrspirt wants to put into operation all of its plants.
18:20, 04 June 2016
Minister of Agrarian Policy Kutovyi: We want to delay lifting moratorium on land sales

Week’s balance: fake memorandum, speculation over social standards, and blow on pharm-mafia

Some Ukrainian officials tried to derail Kyiv’s cooperation with the IMF, having incited a scandal with a fake memorandum and speculating on the issue of social standards. The long-awaited law was adopted on the simplification of access of western medicines to the Ukrainian market. Another long-term dream of the Ukrainians can become true: to buy used cars cheaper.
13:20, 04 June 2016
Week’s balance: fake memorandum, speculation over social standards, and blow on pharm-mafia

Groysman’s plan: phantom or reality?

The Ukrainian Cabinet approved the Action Plan for 2016 and for the medium term. UNIAN tried to figure out whether it is possible to implement it and what can actually become an obstacle.
17:50, 02 June 2016
Groysman’s plan: phantom or reality?

Week’s balance: Cabinet action plan, forex easing, and withdrawal of banks

The Ukrainian Cabinet approved a priority action plan and launched a customs reform, the National Bank sent a good signal by decreasing the key interest rate and easing the foreign exchange market, and the banking market saw new bankruptcies – these are the main economic news of the last week of May.
15:00, 28 May 2016
Week’s balance: Cabinet action plan, forex easing, and withdrawal of banks

Russian exodus

Russian state-owned banks want to leave the Ukrainian market. VTB announced its intentions publicly while two other subsidiaries in Ukraine – Prominvestbank and Sberbank – are still waiting. Experts believe that the inevitable withdrawal of the Russians from the Ukrainian market will not bring significant problems.
09:00, 26 May 2016
Russian exodus

1st Vice President of Antonov: The world has not yet produced anything better than Ruslan and Mriya

Oleksandr Kotsyuba in an exclusive interview with UNIAN explained why Ukraine no longer produces aircraft by a "Soviet" scheme, why Antonov design bureau withdrew from cooperation with Russia and what opportunities our country can offer to the market in the segment of commercial and civilian air transportation.
09:20, 24 May 2016
1st Vice President of Antonov: The world has not yet produced anything better than Ruslan and Mriya

Week's balance: Satisfied IMF mission, Groysman’s plan, and struggle with freight trucks

The IMF mission is satisfied with Ukrainian reforms; Prime Minister Groysman presented his plan for the country’s development, while Ukraine’s strategic enterprise, the Odesa Portside Chemical Plant is put up for sale – these are the main economic news of the past week.
14:00, 21 May 2016
Week's balance: Satisfied IMF mission, Groysman’s plan, and struggle with freight trucks

Vice PM Pavlo Rozenko: We reveal large number of pseudo-IDPs

Vice Prime Minister Pavlo Rozenko in an exclusive interview with UNIAN explained how he had gotten into Groysman’s government and what the area of his responsibility is. He also voiced his own assessment of ex-minister Abromavicius’s move and commented on the preliminary results of verification of social benefits, naming the problems regarding payments to the internally displaced persons (IDPs) and outlining the prospects for pension reform.
19:00, 20 May 2016
Vice PM Pavlo Rozenko: We reveal large number of pseudo-IDPs
Loading...

What do you think about our new website?
Share your opinion

Agree!
We use cookies