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
The six-month calm in the currency market is shaken. NBU intervenes slightly but regularly now on the interbank market to support the hryvnia, insisting that there is no reason to panic. Experts hint that the situation is caused by the delayed adoption of the 2016 State Budget and the uncertainty whether the country gets another tranche from the International Monetary Fund (IMF). UNIAN gathered expert opinions on what the hryvnia exchange rate will be by the New Year.
21:14, 24 November 2015
Week’s balance: Tariffs for population, moratorium on land, and Ukraine’s distinguished guests
The Verkhovna Rada extended the "land" moratorium, but failed to convince the Cabinet to reduce the tariffs for the population; a hot discussion over tax reform and Budget-2016; as well as Ukraine’s distinguished visitors – these are the main economic news of the past week.
18:50, 15 November 2015
Double bottom of Ukraine’s economy
The Ukrainian economy has been falling into the abyss of a second consecutive year, and it seems, it has finally reached its bottom. The Cabinet says that the worst period is behind, while there’s growth ahead. The experts are less optimistic. They believe that, without creating prerequisites for the economic recovery, the economy may remain at the bottom for several years.
13:30, 13 November 2015
Head of the State Concern Nuclear Fuel: Ukraine should be self-sufficient in uranium
In Ukraine, 60% of electricity is generated by nuclear power plants, and the country is completely dependent on imports of nuclear fuel. Attempts to set up own production together with Russia have failed. Director of the State Concern Nuclear Fuel Serhiy Drobot has told UNIAN why it happened and whether it is profitable for Ukraine to implement this project on its own.
08:45, 12 November 2015
European Commissioner for Trade: We decided that DCFTA would come into force, and Russia will have to accept that
European Commissioner for Trade Cecilia Malmström has told UNIAN ahead of her visit to Ukraine about the advantages of DCFTA for the Ukrainians and Europe’s planned actions toward Russia given it pursues with implementing new sanctions against Ukraine due to DCFTA coming into force.
13:45, 11 November 2015
Week’s balance: anticipation of IMF mission, gas purchases from Russia, and economy outlook
Postponement of IMF mission’s visit to Ukraine, growth of the country’s GDP and forex reserves, continuing gas confrontation with Russia and the new Labor Code - these are the main economic news of the past week.
09:45, 09 November 2015
Westinghouse CEO: We are ready to put our fuel in all of Ukraine’s NPPs
Ukraine is expanding cooperation with the world’s biggest nuclear fuel producer, Westinghouse. President and CEO of the U.S. industry giant, Danny Roderick, has told UNIAN, what opportunities he sees in the Ukrainian market, whether his company may substitute the Russians in Ukraine, and whether there is any sense in completing construction of the new power units at the nuclear power stations, and a plant for production of nuclear fuel.
14:57, 28 October 2015
Month of Crimea blockade
When the “Crimea blockade” started on September 20, skeptics predicted it would not live long. A month later, in late October, an UNIAN correspondent visited the roadblocks at the administrative border and found out that the activists are preparing for the winter despite everything, and do not intend to give up.
08:45, 28 October 2015
Ukraine’s Trade Representative: Russian embargo not to affect our economy
Russia is going to introduce an embargo on the majority of Ukrainian goods in response to the Association Agreement with the EU coming into effect. Ukraine’s Trade Representative, Natalia Mykolska, has told UNIAN, how the country can compensate for these losses and what markets are willing to open up to our exporters.
14:08, 24 October 2015
Week’s Balance: Russian gas, heating season and resumed economic growth
After a three-month break, Naftogaz resumed gas supplies from Russia; the creditors’ committee agreed to write off Ukraine’s $3 billion public debt; the heating season has gained momentum, and the country’s economy is starting to show signs of growth. These are the main economic news of the past week.
20:10, 18 October 2015
Week’s balance: IMF to come back, debt owed to businesses to be restructured, financial markets to be completely cleaned
The IMF mission promises to return in early November; financial regulators have seriously took up the cleaning of the markets; the government is preparing a bill on the restructuring of the state debt to the businesses. These are the main economic news of the past week.
09:20, 12 October 2015
On September 20, the Crimean Tatars started a campaign blocking the food trucks heading to Crimea. UNIAN asked the experts whether the activists will be able to achieve their goals and what the prospects are for the blockade of the Russia-annexed the peninsula.
18:15, 25 September 2015
Ukroboronprom deputy chief: Javelins are a myth from action movies
Serhiy Pinkas, deputy chief of State-owned Ukroboronprom, which unites major defense industry enterprises, has told about supplies of military equipment to the ATO zone, integration of Ukrainian arms industry with NATO, and connection between Porsche, Mercedes, Audi, and Ivano-Frankivsk-based Karpaty factory.
09:00, 18 September 2015
Honchar: Naftogaz may receive a political directive to give way to Gazprom
In September, Naftogaz plans to sign an agreement with Russia’s Gazprom on gas supplies in winter period. Mykhailo Honchar, president of Strategy XXI Center told in an interview with UNIAN about the possible pitfalls in the negotiations, the economically justified price of gas, and also elaborated on how to act in case of implementation of the Russian North Stream-2 project.
17:30, 17 September 2015
EUROCONTROL Director General: We plan to open Western Ukraine and Black Sea area to European air carriers
The head of the European Organization for the Safety of Air Navigation - EUROCONTROL - Frank Brenner has told in his interview with UNIAN when the world's airlines return to Ukraine, whether they reopen the Crimea airspace, and when Kyiv and Brussels are to sign the Open Sky Agreement.
17:10, 10 September 2015
Ukraine vs Creditors. Who wins?
Ukraine reached an agreement with creditors on restructuring its public debt, writing off of part of it. Global investors see positive outcome while some experts say the agreement carries risks.
17:30, 28 August 2015