Ukraine

Kyiv mayor Klychko refuses to take part in Ukraine's 2019 presidential election

Sergei Kuznetsov in Kyiv July 18, 2018

Incumbent Petro Poroshenko to benefit from former Euromaiden protest leader Klychko's decision as he seeks reelection despite his dismal showing in recent polls.

KRUK REPORT: Ukraine should fear the growing cracks in the transatlantic community

Kateryna Kruk in Kyiv July 18, 2018

The new reality where the EU is "a foe" and Vladimir Putin is "a partner" is not good for Ukraine.

KRUK REPORT: Poroshenko’s meetings with EU and Nato leaders deserved more attention

Kateryna Kruk in Kyiv July 16, 2018

Although without major breakthrough, the Ukrainian president's meetings were important milestones in Ukraine-EU and Ukraine-Nato relations.

Illegal timber from Ukraine floods European markets

bne IntelliNews July 16, 2018

Investigations by UK-based non-profit Earthsight indicate that 40% of the timber being produced by Ukraine's state-owned enterprises is illegally cut through the abuse of a legal loophole.

Trump gives Eastern Europe hope and pain at Nato summit

Wojciech Kosc in Warsaw July 13, 2018

US president appeared to have sided with countries from the EU’s eastern flank on issues like Nord Stream, but he was quick to deliver some worrisome messages as well.

Ukraine central bank increases key rate by 0.5 pp to 17.5%

Sergei Kuznetsov in Kyiv July 12, 2018

The National Bank of Ukraine increased its key policy rate by 0.5 percentage points to 17.5% from July 13 with the aim of bringing "inflation back to the target range in 2019", the regulator said.

BALKAN BLOG: Romanian anti-corruption beacon extinguished

Clare Nuttall in Bucharest July 10, 2018

Romania's chief anti-corruption prosecutor had long been considered an icon of the struggle against official corruption not only for Romanians but for other countries in the region that had hoped to follow the example set in Bucharest.

Ukraine's consumer prices inflation back into single digits for first time since October 2016

bne IntelliNews July 10, 2018

Ukraine's consumer prices inflation back into single figures for the first time since October 2016

Kyiv has about a week to do a deal with the IMF or risk no donor money until the end of 2019

Sergei Kuznetsov in Kyiv July 9, 2018

Ukraine has about a week left to placate its main international donor the IMF and persuade it to release another badly needed tranche of money or risk not being able to get anything from any of its donors until the end of 2019, say analysts

US delegation visits Moscow to prep for Putin-Trump summit

bne IntelliNews July 5, 2018

US Senator Richard Shelby’s decision to visit Russia was widely criticised by Russia’s critics, who said it already represents a concession to Putin.

CEE monthly bond wrap: summer doldrums

Ben Aris in Berlin July 5, 2018

Bond markets in emerging Europe came to a stand still in June. Politics killed off almost all interest in issuing fresh paper: Turkey held crucial presidential elections where the outcome was far from clear and Russia was reeling from sanctions.

Ukrainian regional court refuses to hear NBU claims against oligarch Kolomoisky because he lives in Switzerland

bne IntelliNews July 5, 2018

The National Bank of Ukraine is seeking to recover $184mn worth of refinancing loans issued to nationalised PrivatBank from its former owner Ihor Kolomoisky.

Remittances to Ukraine from overseas workers increased by a third to a record $2.6bn in Q1 18

bne IntelliNews July 5, 2018

Remittances to Ukraine from overseas workers increased by a third (34.2%) y/y in the first quarter of 2018 to a record high of $2.6bn, or 10.2% of GDP, the National Bank of Ukraine (NBU) reported on July 2.

The irrepressible Yulia Tymoshenko's unending quest for power

Sergei Kuznetsov in Kyiv July 3, 2018

"I will run for the presidency of Ukraine," the nation's two-time former prime minister Yulia Tymoshenko said on June 20. "The presidential post for me is not a game, these are real changes that the country is waiting for."

Ukraine real wages accelerate to 14% y/y growth in May

bne IntelliNews July 2, 2018

Real wages in Ukraine grew 14.1% y/y in May, accelerating from 12.5% y/y growth in April, the State Statistics Service reported on June 27.

Ukraine's current account almost flat in May

bne IntelliNews July 2, 2018

Ukraine's current account (C/A) balance had an insignificant deficit of $41mn in May, being almost balanced for the second month in a row after a $193mn surplus in April, according to the state statistics agency.

Wheels up: Paul Manafort's flight records show how he supervised EU top brass in the run-up to Ukraine revolution

Graham Stack in Berlin July 2, 2018

Infamous US lobbyist Paul Manafort organised EU luminaries to plead with Brussels on behalf of former Ukrainian president Viktor Yanukovych to sign an Association Agreement with Ukraine without the freeing of jailed opposition leader Yulia Tymoshenko

Ukraine abandons licensing of cryptocurrency mining companies

bne IntelliNews June 28, 2018

Ukraine's State Service of Special Communication and Information Protection said cryptocurrency mining companies will not need to obtain a license in order to conduct their activities any more as the government tries to clarify regulations

Ukraine president looses public support, poll says

bne IntelliNews June 26, 2018

Petro Poroshenko is loosing his popularity, while political survivor Yulia Tymoshenko remains the most popular candidate for the nation's next president, a poll by the Kyiv International Institute of Sociology finds.

Ukrainian cryptocurrency mining driven underground

Fabrice Deprez in Kyiv June 26, 2018

Unlike real mining, creating bitcoins is not an underground activity, but the legislative fog surrounding the business and the aggressive tax and security forces have driven it into the dark in Ukraine.

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