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
Year 2016: Time of great expectations
The ministers and the experts shared with UNIAN their opinions on the measures to be taken to restore the economy of Ukraine in 2016.
16:00, 06 January 2016
New Year with Ukraine-EU DCFTA
The Association Agreement with the EU, signed in June 2014, has finally entered into force, and the deep and comprehensive free trade are between Ukraine and the EU came into effect on January 1. Ukraine’s new strategic choice promises countless opportunities as well as huge challenges to the Ukrainian economy.
15:00, 04 January 2016
Ukraine’s shield: forging swords instead of plows
Amid war with Russia, Ukraine has for the first time ever adopted a decent defense budget. Instead of selling out the remnants of Soviet equipment, the Ukrainian defense industry got on tracks of modernization and development of new types of weapons. However, corruption and bureaucracy continue to hinder the development of defense industry and creation of an efficient army.
17:40, 31 December 2015
Ukraine's economy set to grow
The Ukrainian economy may return to the path of growth in the coming year after a two-year fall, the Ukrainian analysts believe. UNIAN offers to take a glimpse at the macroeconomic consensus forecast for 2016.
19:00, 28 December 2015
Tough year for Ukraine’s agrarians
The sharp jumps of the dollar, unprecedented drought and African swine fever – this is not a complete list of problems faced by Ukrainian farmers in the past year. Opening a series of articles on the year’s results and forecasts for 2016, UNIAN examined, whether the situation would improve the next year and what it will depend on.
10:00, 24 December 2015
Week’s balance: Threat from IMF, moratorium for Russia, ban for Crimea
The Ukrainian government and the Rada have not yet found a compromise on the budget and tax reform; the IMF responded with the threat to stop lending to Ukraine; the return of "Yanukovych’s debt” is postponed; and the occupied Crimea remains without Ukrainian goods - these are the key economic news of the past week.
16:30, 21 December 2015
Week’s balance: Yatsenyuk’s report, U.S. tips, return of inflation
The Ukrainian Cabinet reported on its results over the past year and agreed on the draft budget for 2016, as well as the principles of tax reform; the State Statistics Service said the inflation has returned; U.S. Vice President Joe Biden visited Kyiv, announcing allocation of $190 million for Ukraine and giving the Ukrainian authorities some good advice.
12:16, 13 December 2015
Can Ukraine stop Russia's Nord Stream-2?
PM Yatsenyuk requested the European Commission to block the Russian Nord Stream 2 gas pipeline project as “anti-European and anti-Ukrainian.” Both the U.S. and EU support Ukraine’s position, as well as several EU member states. The EC claim that Moscow’s idea will be strictly checked for compliance with European legislation.
10:00, 09 December 2015
Week's balance: 2016 budget, 20% taxes, and helping hand to brotherly Turkey
The Cabinet has presented the main parameters of the state budget for 2016 and the draft tax reform. At the moment, both documents are herded into "Procrustean bed" of Parliament and Presidential Administration, and it is difficult to predict how their discussion will end. Meanwhile, Turkey is stepping up its cooperation with Ukraine in the background of the Kremlin's belligerent stance.
17:51, 05 December 2015
"Electrified": Ukraine hopes all import duties on electric vehicles be dropped
No electric vehicles are sold in Ukraine officially at the moment. Some several hundred electric vehicles out there on the Ukrainian highways have either been imported by enthusiasts, or purchased from the so-called "gray" importers. Only one thing can revive the market -- complete lifting of duties on this type of vehicles.
21:30, 03 December 2015
Week’s balance: refusing from Russian gas, coal blockade and hryvnia’s delicate balance
Ukraine, with the hands of civil society activists, cut off electricity supplies from mainland Ukraine to the Russian-occupied Crimea; announced a temporary suspension of purchases of the Russian gas; and shut the its airspace for transit aircraft of its northern neighbor; while the hryvnia seems to have found a delicate balance after some turbulence – these are the main economic news of the past week.
18:20, 29 November 2015