Hanna Nahorna Hunger Games: is Ukraine facing a food crisis
The coronavirus pandemic posed a difficult task for the country's food system: to provide Ukrainians with essentials amid quarantine and austerity. UNIAN learned whether the agricultural sector will have a sufficient safety cushion to pass this test, and how much food prices will rise.
14:20, 31 March 2020
Oleksandra Danko Week's balance: Cabinet extends quarantine, hryvnia stops sliding, and pace of industrial output decline slows down
To reduce the pace of coronavirus spread, the government introduced an emergency situation regime, extended the national quarantine for three weeks, and supported subsidies for vulnerable citizens; the banks received more cash currency, and the hryvnia slightly strengthened after several weeks of decline; while the decline in industrial output slowed down – these are the main economic developments of the outgoing week.
14:20, 28 March 2020
Nana Chornaya Doing business amid coronavirus: what's happening to grocery prices
Food prices have risen sharply in Ukraine, while sellers justify their moves with tough quarantine measures and the sliding hryvnia. Experts say the reasons are completely different. UNIAN has tried to figure out what's really happening and whether prices will return to their previous positions.
21:20, 25 March 2020
Nadiya Burbela Week's balance: Ukraine on lockdown, central bank loosens grip, and Cabinet launches war against mafia in urban development
Ukrainian authorities announced the introduction of a nationwide quarantine, adding anxiety to the fever of the forex market; the National Bank lowered the key rate to a five-year low; while the Cabinet liquidated the urban construction regulator and launched a reform in the field – these are the main economic developments of the outgoing week.
13:40, 15 March 2020
Hanna Bredihina Week's balance: Parliament reshuffles Cabinet, coronavirus reaches Ukraine, while Turkish company vows completion of Dnipro bridge in Zaporizhia
The coronavirus epidemic spreading around the planet has reached Ukraine, Parliament has dismissed the Cabinet of Oleksiy Honcharuk, appointing Denys Shmyhal new prime minister, while Ukravtodor signed an agreement with the Turkish company Onur to build a bridge across the Dnipro River in Zaporizhia for UAH 12 billion – these are the main economic developments of the outgoing week.
16:30, 08 March 2020
Nana Chornaya Cabinet of unjustified hopes: what can Ukrainians expect from new government
The Verkhovna Rada at an extraordinary meeting on March 4, initiated by President Volodymyr Zelensky, dismissed Prime Minister Oleksiy Honcharuk and approved the new Cabinet composition. UNIAN tried to figure out what Ukrainians should expect from the new government.
16:20, 05 March 2020
Dmytro Shvarts Week's balance: Coronavirus provoking global financial crisis, Zelensky promises miners to pay off wage arrears, while government submitted plan to support key industries
The large drop in stock market indices caused by the spread of the Chinese coronavirus made many suggest a new financial crisis, President Volodymyr Zelensky instructed the government to pay wage arrears to miners and limit coal imports, while the Cabinet announced a plan to support key industries – these are the main economic developments of the past week.
16:30, 29 February 2020
Olha Hordienko NBU Deputy Governor Dmytro Solohub: Most of IMF requirements for a new program have been met. And work on prior actions that have not yet been completed is almost finished
Lending rates in Ukraine are several times higher than those in European countries. NBU Deputy Chairman Dmytro Solohub sat down with UNIAN to tell about the reasons for such pricing by banks, the likelihood of cheaper loans, and the impact of the coronavirus epidemic on the national economy.
18:30, 27 February 2020
Nana Chornaya Impact of coronavirus on global economy. What awaits Ukraine
Coronavirus continues to spread around the world. It inflicts an insidious blow not only on the population of about four dozen countries, but also affects the global economy unprecedentedly. International auditors predict pessimistic scenarios if it comes to a pandemic. UNIAN learned what awaits Ukraine in such conditions.
17:50, 26 February 2020
Igor Orel Week's balance: Cabinet vows to pull labor market out of "shadows", allocates UAH 4 bln in farmer support, while energy minister announces record cuts in gas tariff
The Cabinet of Ministers launched a campaign to remove the labor market from the "shadow" and distributed UAH 4 billion in support of farmers, while Minister of Energy and Environment Oleksiy Orzhel announced a record reduction in gas tariffs – these are the key economic developments of the outgoing week.
16:00, 22 February 2020
Yuri Kulikov How Yanukovych's economic policies almost finished Ukraine
It's been ten years since the start of the now-disgraced Viktor Yanukovych's presidential term and six years from the day he fled from the country. Let's recall this man's role in Ukraine's most recent dramatic history.
14:00, 18 February 2020
Hanna Nahorna Week's balance: Zelensky promises to fight for "every penny invested", inflation continues to decline, while truckers block roads around Kyiv
President of Ukraine Volodymyr Zelensky at a meeting with CEOs promised to protect "every penny invested," the State Statistics Service reported inflation down, while truckers blocked highways around Kyiv, demanding resignation of the infrastructure minister.
22:00, 15 February 2020
Nana Chornaya Nord Stream 2: will U.S. be able to slam Putin's energy project
The U.S. Congress is drafting a new package of sanctions against participants in the Nord Stream 2 gas pipe project, that's if Russia eventually succeeds in completing it. They will affect European companies, including investors and also future recipients of Russian gas. UNIAN tried to figure out whether the U.S. would be able to sink Putin's project.
10:00, 12 February 2020
Olha Hordienko Week's balance: MPs fight over land bill, president vows "avalanche of investment", while gov't services go online
Amid opposition protests, Parliament started considering at second reading the land market bill, President Zelensky announced an "avalanche of investments" expected to flow into Ukraine, the government launched the Diia mobile application and an affordable loans program, while Ukrzaliznytsia signed a memo with a German railway carrier – these are the key economic developments of the outgoing week.
16:00, 08 February 2020
K.Kostenko, T.Stezhar Unstable Hryvnia. Who profits from forex speculation?
The hryvnia is back in the turbulence zone. The rate creeps up, but it's not easy to figure out whether it's a good or a bad thing. Experts ring the alarm. After all, in no way does the strong hryvnia as of year-end reflect the real situation in the Ukrainian economy.
13:20, 04 February 2020
Oleksandra Danko Week's balance: EU praises Ukraine's reforms, Cabinet sacks Ukrzaliznytsia CEO, National Bank lowers key rate to three-year low
The EU at a meeting of the Ukraine-EU Association Council noted reform progress and allocated assistance for the development of farming, the Cabinet changed leadership at Ukrzaliznytsia and the Social Insurance Fund, while the National Bank lowered the key rate to a three-year low – these are the week's main economic developments.
15:00, 01 February 2020
Oleksandr Kunytskyy Week's balance: Zelensky vows to get investors a "nanny", while Ukraine issues eurobonds and releases population count data
President of Ukraine Volodymyr Zelensky at the World Economic Forum in Davos jokingly promised to get foreign investors a "nanny" in Ukraine, the finance ministry made a new Eurobond issue worth EUR 1.25 billion at a record low rate, while the government applied new methodology in counting the country's population – these are the main economic developments of the outgoing week.
15:40, 25 January 2020
Igor Orel Ukraine's plans to get off energy dependence needle
A five-year gas transit contract signed between Naftogaz of Ukraine and Russian Gazprom, signed at the end of 2019, will bring billions of dollars in revenues and give Ukraine time to boost own gas extraction and cut consumption. If Ukraine succeeds, this will allow the country to confront Russia on an equal footing.
09:00, 22 January 2020
Nadiya Burbela Week’s balance: Prime Minister Honcharuk’s failed resignation, NBU delivering relief to entrepreneurs, and productive Rada
Prime Minister Oleksiy Honcharuk filed a resignation letter in the aftermath of audio leaks from his alleged meeting, the National Bank following public outrage eased restrictions on individual entrepreneurs related to the personal use of business accounts, while the Verkhovna Rada adopted a number of important bills – these are the main economic developments of the past week.
09:00, 20 January 2020
Nana Chornaya Foreign trade balance gap: Paradox of Ukraine's national economy
Foreign trade deficit is on the rise in Ukraine, having already exceeded the psychological mark of $9 billion. Future prospects are also disappointing. What threats does this economic "hole" bring and how can it be patched?
14:20, 17 January 2020