shadoweconomy

Ukraine sees shadow economy shrink in 2019 - ministry

Its share was 28% of the country's official GDP.

12:15, 01.07.2020

Shadow transactions in Ukraine account for 23.8% of official GDP – study

The share of the shadow economy in 33 countries varies between 10.1% and 26.9% of GDP.

19:55, 17.02.2020

Ukraine's government set to drastically reduce share of shadow economy: PM

The shadow economy in Ukraine in 2018 accounted for 47.2% of GDP.

16:57, 17.12.2019

Expert: Smuggling in Ukraine leads to at least US$10 bln in annual losses

Shadow economy, public debt, and corruption pose the greatest threat to tax security today.

18:45, 16.12.2019

Ukraine grain harvest approaching 100 million tonnes, but part remains in shade – president's envoy for land issues

Losses from the shadow sale of agricultural products and tax evasion reach tens of billions of hryvnias.

23:50, 20.11.2019

Almost half Ukrainians receive salaries "in envelopes" – study

Every third employee in Ukraine has not been formally hired.

14:00, 15.10.2019

Ukraine's Cabinet boasts success in fight against shadow economy: Dropped to 30% of GDP

The indicator has been the lowest since 2009.

22:57, 12.07.2019

Ukrainian Cabinet boasts of lowest level of shadow economy in 10 years

It amounted to 32% of official GDP.

22:00, 11.02.2019

Ukraine sees about US$6 bln in loss annually due to shadow employment – expert

Every third employee, or about 5 million people, works illegally in Ukraine, according to the State Labor Service.

20:00, 05.12.2018

Ukraine loses about US$70 bln in five years over shadow schemes – expert

The Ukrainian government could have taken a number of steps within the five years that would have allowed it to transfer the funds to the national budget for servicing foreign debt.

14:53, 05.12.2018

Shadow economy in Ukraine drops by 11 p.p. in 2018 from 2014 – economy minister

The shadow economy in Ukraine in the first half of 2018 decreased by 3% year-over-year.

14:30, 05.10.2018

Ukraine to intensify fight against unofficial employment

Almost 9,000 entrepreneurs involved in shadow employment have been identified over the seven months of this year.

12:40, 07.09.2018

Cabinet to up its game against shadow employment in Oct

Employers shall be informed within a month of penalties envisaged for failing to register employees.

15:00, 05.09.2018

Crowd excited to see U.S.-supplied Javelins at Independence Day parade dress rehearsal in Kyiv

Soldiers armed with the anti-tank guided missile launchers rode Ukraine's Varta armored vehicles.

10:40, 23.08.2018

Shadow economy in Ukraine makes up for 33% of official GDP in 1Q – economy ministry

The figure fell by 4 percentage points year-on-year.

10:20, 23.08.2018

Minister: Some 40% of Ukraine's economy in shadow

The official noted that practical conclusions need to be drawn from the fact.

12:40, 19.04.2018

Every third Ukrainian working in "shadow" – State Labor Service

Reducing shadow employment is one of the agency's priorities for 2018.

11:00, 23.02.2018

Ukraine, Russia would suffer most if bitcoin crashed, analysts say - Kyiv Post

Ukraine will be among the five countries worst affected when the financial bubble surrounding the cryptocurrency bitcoin finally bursts, analysts from U.S. banking and financial services group Citigroup Inc., or Citi, have said in their latest report, the Kyiv Post wrote.

21:50, 17.01.2018

Ukraine minister elaborates on "shadow" employment rate

Ukrainian's Social Policy Minister Andriy Reva says the rate of shadow employment in Ukraine in 2017 decreased by 8%, to 3.7 million people from an earlier figure of 4 million non-accounted workers.

16:00, 28.12.2017

Economy ministry: Shadow economy in Ukraine drops to 37% of GDP in Q1

Shadow economy in Ukraine fell by 6 percentage points in the first quarter of 2017 (Q1) year-over-year (y-o-y), to 37% of GDP, according to the analytical report published on the Ukrainian Economic Development and Trade Ministry's website.

11:30, 22.09.2017

Economy ministry: Shadow economy in Ukraine drops to 34% of GDP

Shadow economy in Ukraine fell by 6 percentage points in 2016, to 34% of GDP, according to the analytical report published on the Ukrainian Economic Development and Trade Ministry's website.

19:10, 04.07.2017