Chernobyl: Source of income for Ukraine
It has been almost 30 years since Chernobyl nuclear disaster shocked the world. Its consequences are still a heavy burden laying on Ukraine’s shoulders. Experts believe that, given the right approach, the Chernobyl Exclusion Zone can become not just self-sufficient, but profitable as well.
09:20, 14 April 2016
Week’s balance: farewell to Bank Khreshchatyk, ban on Russian fuel, and strengthening of hryvnia
The National Bank of Ukraine declared insolvent one of the capital’s oldest banks – Bank Khreschatyk; the Cabinet has launched the development of a mechanism of banning purchases of Russian fuel; the hryvnia has started its gradual strengthening – these are the main economic news of the past week.
10:50, 10 April 2016
Week’s balance: old Cabinet, lazy Rada, and ridiculous wages of SOE’s top managers
The political crisis in Ukraine has almost paralyzed the work of both the Ukrainian Government and Parliament – at the time when Ukraine’s western partners require reform, including in the sphere of the country’s strategic enterprises.
17:00, 02 April 2016
Week’s balance: Final dance around PM chair, industrial output growth, and gas thriller
President-oriented MPs seem to have found a substitute for Arseniy Yatsenyuk and are ready to form a new government team, which will have to ensure sustained economic growth and to fight corruption.
14:40, 26 March 2016
UAVs: When will Ukraine spread its wings
The war has already been raging for two years in Donbas but the Ukrainian army is still in dire need of drones. It’s only the volunteer activists that provide for minimum supplies of unmanned aerial vehicles (UAVs). But these supplies don’t often meet certain military requirements, only being able to perform a limited number of tasks.
22:30, 25 March 2016
No easy job: Cabinet seeks to pull state holdings out of financial swamp
The Government on live TV announced the annual results of Ukraine’s largest state-owned enterprises and outlined the ways of their development. Plenty of ideas were voiced, but the matter of who will execute the plan was left behind the scenes.
19:00, 23 March 2016
Ukrainian privatization: from words to action
Ukraine is in anticipation of a wave of sales of state assets. Privatization adrenaline pumps up the country’s top politicians and officials. Some are doing everything to disrupt the process, while the others are trying to hold transparent competitions. But any mistake or any scandal can be too costly to the state – the investors may lose confidence in Ukraine for years ahead.
23:50, 21 March 2016
Week’s balance: Cabinet uncertainty, hryvnia hikes, and government program
Ukrainian politicians continue to bargain for a prime minister’s chair, the parliament ignored the financial bills, while the hryvnia reacts to this by sharp jumps – these are the main economic news of the past week.
16:40, 19 March 2016
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