Despite the growing scandal surrounding oligarch Ihor Kolomoisky’s attempts to denationalise Privatbank, Ukraine’s Verkhovna Rada pushed ahead with its hectic legislative programme and passed more pro-reform laws.
The International Monetary Fund (IMF) improved Ukraine’s growth outlook slightly from 2.7% for the full year set in April to 3% in its latest World Economic Outlook, released this week.
The last chance to fulfil the Minsk II accords will come in November according to Ukrainian Foreign Minister Vadym Prystaiko in comments made to Reuters on October 14.
The tidal wave of public support that swept the new Ukrainian president and his party Servant of the People into power this year is starting to subside.
Assets were seized as part of lender’s efforts to recover $7.2bn looted under old ownership. Bank now free to pursue lawsuit claiming fraud on a massive scale in which shell companies owned by shareholders emptied it of money.
Ukraine’s talks with the International Monetary Fund (IMF) have “stalled” and a deal before the end of this year is looking increasingly unlikely because of the dispute over the snowballing Privatbank crisis.
Zelenskiy rolled the dice and is gambling with the future of his presidency at the press conference marathon he called in a food hall in Kyiv that went on all day on October 10.
Ukraine's largest lender PrivatBank, nationalised in late 2016, has reported a five-fold year-on-year jump in net profit to UAH27.4bn ($1.1bn) in January-September., as a court in Kyiv delayed its verdict on whether to return the bank to its former o
Former German foreign minister Frank-Walter Steinmeier confirmed he proposed the so-called Steinmeier formula in 2015 as a way to break a deadlock over implementing the stalled Minsk II process, contradicting former president Petro Poroshenko.
Fall in volume and value of deals revealed in CMS/Mergermarket report is in line with decline seen across Europe as economic slowdown, Brexit uncertainty and global trade wars hit sentiment.
Ukraine’s gross international reserves declined 2.6% m/m, or $577mn, to $21.4bn in September after increasing 0.8% m/m in August, the National Bank of Ukraine (NBU) reported on October 7. The decline was due to high repayments on state debt.
The Russian authorities have been blocking exports of coal from its territory to Ukraine through the territory of neighbouring Belarus, according to the Ukrainian Ministry of Energy and Coal Mining.
Demonstrators gathered on Kyiv’s Maidan square on October 6 against Ukrainian President Volodymyr Zelenskiy’s decision to accept the so-called Steinmeier formula ahead of his first Normandy Four meeting.
Something is going on behind the scenes in the Russia-EU-Ukraine conflict triangle and not only are we being told nothing about it, we are not even being told it is happening. Yet in the last two months there has been a string of landmark events.
Ukrainian President Volodymyr Zelenskiy has rejected alleged "capitulation" and "surrender of Ukraine's national interests" during the Donbas peace talks with Russia.
Ukraine’s finance ministry only raised $3.1mn from the sale of bonds at its weekly bond auction on October 1, down from $524mn a week earlier.
Slovenian national carrier Adria Airways's decision to file for bankruptcy followed the demises of a series of other European airlines against the underlying trend of an air transport market in the throes of consolidation.
Ukrainian banks just turned in their biggest profits in years after a lacklustre 2018 and a disastrous 2017, but lending is stagnant and NPLs weigh on balance sheets.
The volume of non-performing loans (NPLs) in the Ukrainian banking sector fell below 50% for the first time in recent years coming in at 49.3% as of September 1, the National Bank of Ukraine (NBU) said in a statement this week.
A subsidiary of the System Capital Management (SCM) Holdings that belongs to Ukraine’s biggest oligarch Rinat Akhmetov and Raga Establishment “formally and finally settled the dispute” concerning the sale of Ukrtelecom back in 2013.