Ukraine's state-owned postal office in $500mn revamp

Sergei Kuznetsov in Kyiv March 22, 2018

Ukraine is following the lead of most countries in the world and Ukrposhta is getting a face lift as well as new banking services to make more out of branches scattered over the whole country.

Ukraine's leading independent paper Kyiv Post sold to Syrian businessman

bne IntelliNews March 22, 2018

The sale immediately raised questions about the paper’s independence as buyer Adnan Kivan reportedly has close ties to President Petro Poroshenko and is also said to have links to Syrian President Bashar al-Assad.

Ukrainian president Poroshenko sees his popularity in the polls collapsing

bne IntelliNews March 21, 2018

The election ratings of Ukrainian President Poroshenko are collapsing, according to poll results released on March 19 by the Kyiv International Institute of Sociology, while rival Yulia Tymoshenko has opened a wide lead.

Ukrainian parliament appoints Smolii central bank governor

Sergei Kuznetsov in Kyiv March 15, 2018

Ukraine's parliament finally appoints Yakiv Smolii, acting central bank governor, to succeed Valeria Gontareva.

Strong growth but a risky outlook for Central and Eastern Europe

Clare Nuttall in Bucharest March 14, 2018

wiiw warns that a spike in global interest rates would be dangerous for the numerous countries in CESEE with high private and public external debt.

Ukraine’s consumer prices growth slowed in Feb, up by 0.9% m/m, 14% y/y

bne IntelliNews March 14, 2018

Ukraine’s consumer prices grew by 0.9% month-on-month (14% year-on-year) in February, following a 1.5% m/m (14.1% y/y) in January, according to the Ukrstat state statistics following a series of rate hikes

KRUK REPORT: Europe, Gazprom is going after you.

Kateryna Kruk in Kyiv March 13, 2018

Russian state-owned Gazprom has suffered a dramatic defeat at the Stockholm arbitration court to Ukrainian national gas company Naftogaz and owes billions of dollars in fines. Its response? To start a gas war and blackmail Europe.

NATO provides Ukraine with aspirant country status

bne IntelliNews March 12, 2018

NATO has granted Ukraine the status of an aspirant country, which means that Kyiv has officially declared its aspiration to join the military alliance.

Ukraine president rejects "donor pressure" over anti-corruption court

Sergei Kuznetsov in Kyiv March 7, 2018

Ukrainian President Petro Poroshenko has rejected an idea that "foreign donors will form" the nation's independent anti-corruption court, in an FT interview

Ukraine's foreign reserves declined by $37mn in February

bne IntelliNews March 6, 2018

Ukraine's foreign exchange reserves declined by $37mn to $18.410bn in February, the National Bank of Ukraine (NBU) said

INTERVIEW: Naftogaz’s fragile success

Fabrice Deprez in Kyiv March 6, 2018

Ukraine's national gas company Naftogaz finds itself in the middle of a new gas war with Russia, but Yuri Vitrenko says making reforms has been harder than fighting with Russia over gas supplies.

COMMENT: Landmark General Electric $1bn locomotives deal shows Ukraine is picking up steam

Yuliya Kovaliv in Kyiv March 5, 2018

Ukraine has seen interest from investors rise. However, cash has been harder to come by than warm words. Too many investors have come and gone without actually bringing any money, but GE has just promised to invest $1bn into locomotive construction

Ukraine maintains gas transit to Europe despite new gas war with Russia

Ben Aris in Berlin March 5, 2018

Ukraine cuts consumption to avoid shortages, while gas transit is unaffected.

Russia-Ukraine gas war restarts as Gazprom cancels contracts with Naftogaz

Ben Aris in Berlin March 2, 2018

A day after Gazprom was due to resume gas deliveries to Ukraine after a nearly three-year hiatus, Russia’s gas monopolist has thrown down the gauntlet, saying it will cancel its gas supply deal.

Ukraine NBU surprise hike key policy rate by 1 pp to 17%

bne IntelliNews March 1, 2018

The National Bank of Ukraine (NBU) will increase its key policy rate by 1 percentage point (pp) to 17% from March 2, which is the fourth consecutive increase in the key police rate.

Ukraine's Poroshenko "will not allow anybody to dictate something" to Kyiv during talks with IMF

bne IntelliNews March 1, 2018

Ukraine’s relation to its main donor, the International Monetary Fund (IMF), should be based on “joint compromise agreements,” President Petro Poroshenko said, as the Rada gets ready to vote in a new NBU governor.

Gazprom must pay Ukraine's Naftogaz $2.5bn after arbitration decisions

bne IntelliNews March 1, 2018

Ukraine wins four-year legal battle over Gazprom's failure to supply gas.

INTERVIEW: Ukraine's 'Untouchables' are battered but unbowed

Fabrice Deprez in Kyiv February 27, 2018

Artem Sytnyk, head of the NABU anti-corruption agency, admits political opposition has been more intense than he expected.

Ukraine's Tymoshenko attacks central bank governor candidate Smolii

Sergey Kuznetsov in Kyiv February 26, 2018

Former Ukrainian prime minister Yulia Tymoshenko said Yakiv Smolii's candidature as governor of the National Bank of Ukraine was "unacceptable".

Russia, Ukraine still ranked as the most corrupt in Europe by Transparency International

bne IntelliNews February 22, 2018

There were some very public arrests and jailings in Russia in 2017, but they had little impact on the TI Corruption Perception index ranking. Ukraine has also failed to make real progress.