Ukraine’s parliament (Verkhovna Rada) voted to dismiss Central Bank (National Bank of Ukraine, NBU) Governor Yakiv Smoliy on Friday, 3 July. The draft resolution was supported by 286 members of parliament. Before the vote took place…
Grain Alliance Group in Ukraine will receive financial support, thanks to a new agreement with the European Bank for Reconstruction and Development (EBRD). According to the bank report, a €7 million working capital loan will…
Drop the hummer: the gas market opening in Ukraine
June 26, 2020
The gas market is planned to be opened for the population on July 1. This step towards the gas market liberalization is the next stage in the Third Energy Package (a set of European Union…
Russia remains under sanctions loop. Part 2
June 21, 2020
Continuation. Read the first part here. The Russian Federation remains under sanctions, as no significant progress took place with the issues that have led to these economic restrictions. On Thursday, June 18, it got about…
The Ukrainian government approves memorandum on fixing problems in the renewable energy sector
June 15, 2020
On 10 June 2020 the Cabinet of Ministers of Ukraine approved the Memorandum on fixing problematic issues in the renewable energy sector of Ukraine (the “Memorandum”). The Memorandum was developed within the mediation procedure between…
Russia in the Donbas is destroying industry and experimenting with the minds of residents
June 8, 2020
The occupied territories of Donbas are increasingly turning into a backward region, where the industry is finally destroyed and the population is driven to the brink of survival. Closure of mines, factories, non-payment of wages…
Citizens of almost all G7 member states have become less trusting of their governments amid government action in the context of the coronavirus pandemic. In particular, according to a survey conducted by Kantar, in May,…
Airlines throughout the world were among the first to feel the impact of the coronavirus. Air traffic occurred in a turbulence zone: a mass cancellation of flights and layoffs are taken place. One also talks…
“We need to find out how many Russian components were in Elon Mask’s SpaceX Crew Dragon rocket,” said Olexandr Sherin, first deputy chairman of the State Duma’s Defense Committee. The parliamentarian is convinced that Russia…
Russia has put pressure on Brazil to refuse to cooperate with Ukraine in the space industry, including the construction of a joint spaceport. This interview was announced by LB.ua by the head of the State…
Ukraine's economy is forecast to fall by 5.5%
May 21, 2020
International rating agency S&P Global Ratings forecasts a decline in Ukraine’s economy in 2020 by 5.5% with its subsequent recovery in 2021 by 5% in 2022 – by 3%. Karen Vartapetov, director of S&P Global…
Who has earned on the quarantine?
May 12, 2020
The spread of the coronavirus has led to a significant slowdown in economic activity not only in Ukraine but also around the world. In our country, quarantine has led to a significant reduction in business…
Brussels Airlines might be renationalised
April 2, 2020
Brussels Airlines might be renationalised The group of high-level experts that deal with saving major Belgian companies thinks that the case with Brussels Airlines is urgent. According to the Belgian TV-channel LN24, one of the…
Mark Andries: “Ukraine Should Find its Own Way to Success”
December 22, 2019
In an interview with the Head of the Innovation and Entrepreneurship Agency of Flanders (Vlaio) Mark Andries, we tried to learn the secrets behind the Belgian economy’s success. An innovative approach and responsible business practices…
Ukrainian Government Bonds - a Piece of Cake for Foreign Investors
December 13, 2019
Due to the support of international donors, European business interest towards Ukraine will grow As both the European and the US interest rates keep sinking, investors wonder off the beaten path to look for new…
