The Institute of International Finance (IIF) released updated forecasts for economic growth this year for the Central and Eastern Europe (CEE) countries that show a sharp slowdown in 2020 and all except Turkey will return negative results.
Economic consultancy Capital Economics has slashed its growth forecast for the Central and Eastern Europe (CEE) to a 2% y/y contractions from the previous 2.3% expansion in 2020, as a result of the coronavirus.
Prime Minister Denys Shmyhal caused a short flurry when he inadvertently said Ukraine would “restructure” its external debt when he meant to say “refinance” during a TV interview on March 23.
A final version of Ukraine’s banking law that prevents the state returning a nationalised bank to its former owner has been agreed with the IMF and should be presented to the Rada in the coming days.
Ukraine's industrial output fell 1.5% y/y in February
Fitch Ratings has cut its short and medium-term oil and natural gas price assumptions in expectation of very large market oversupply in 2020.
The International Monetary Fund may increase its assistance to Ukraine to a total of $9.5bn by drawing on a $50bn emergency fund it established to help low-income countries cope with the stop shock of the global coronavirus (COVID-19) pandemic
Coronavirus is now established in Ukraine, but the epidemic there has only just got underway. Following a major economic crisis in 2014 how well prepared is Ukraine to absorb the economic shock that is clearly on the way?
Convergence to be reversed as the economic crisis resulting from the coronavirus pandemic is set to be deeper and longer in the CIS, Ukraine, Turkey and the Western Balkans than in the EU member states of Central and Southeast Europe.
Vienna-based think tank expects the coronavirus pandemic to result in the worst year for the region since the global financial crisis.
Ukrainian President Volodymyr Zelenskiy met with the top 15 Ukrainian oligarchs on the evening of March 16 to call on them to help in the country’s fight against the ballooning coronavirus (COVID-19) epidemic.
Ukraine’s government has announced that it intends to replace the management of the National Bank of Ukraine and has put out a list of candidates to take over control of the central bank.
The EBRD has unveiled an emergency €1bn “Solidarity Package” to help companies deal with the impact of the coronavirus pandemic.
Ukraine’s new cabinet shocked investors by threatening to cut generous “green tariff” arrangements retroactively for renewable energy developers. This may prompt a raft of lawsuits from irate investors.
The yield on Ukraine's 2028 dollar denominated Eurobonds surged 147bps to 10.91%, effectively shutting the country out of the international capital markets as it faces more than $5bn of debt repayments this year.
In 2019, the venture capital and private equity funding volume for Ukrainian and Ukrainian-founded tech startups reached $544mn.
Ukraine’s consumer prices dropped 0.3% m/m and to 2.4% y/y in February on the back of cooling prices for food, housing and utilities, and clothing and sportswear, the State Statistics Service reported on March 10.
Ukraine's international reserves increased by 1.3% month on month, or by $330mn, to $26.623bn in February, according to the website of the National Bank of Ukraine (NBU).
More than 100 years since International Women’s Day was declared a national holiday in post-revolutionary Russia, a new survey from the UNDP reveals gender bias is still widespread across the region.