The World Bank expects slight improvement in the economic situation in Ukraine in the fourth quarter and for the year but offers new government as soon as possible to begin implementing the plan of economic reforms. Over the year it is expected that Ukraine’s economy will show better results. The…
The Parliament of Estonia has ratified the Association Agreement between Ukraine and the European Union, the press service of the Ukrainian Ministry of Foreign Affairs announced on Wednesday. Estonia is the latest EU member state to ratify Ukraine’s Association Agreement with the union. As reported earlier, on September 16 the…
Ukraine took the 63rd place in the «prosperity index» published by the British Legatum Institute. Norway tops the ranking in the top five as Switzerland, New Zealand, Denmark and Canada. Promulgated index reflects the level of “national success.” The authors analyze the ranking achievements in economy, business opportunities, management, education,…
The Bank has established a fund whose purpose will be to support reforms in Ukraine measures to improve the business climate in the country and to ensure stable growth of the Ukrainian economy. Donor countries of the new fund will be Finland, France, Germany, Netherlands, Sweden, Switzerland, UK, USA, Denmark,…
Preferences will be valid until the entry into force of the Agreement with the Economic January 1, 2016. EU unilaterally extend preferential treatment for Ukrainian goods which provides for reduction of customs tariffs for the year from 1 January. According to the decision of the European Council of 24 October …
Ukraine’s gross domestic product (GDP) fell by 3.5% At the same time, according to the NBU the figures fall in GDP improved from 9% to 7%. The fall in gross domestic product (GDP) of Ukraine in January-September 2014 amounted to 3.5%, said the head of the NBU Valeriya Gontareva. However…
The implosion of Aerosvit, once Ukraine’s biggest passenger carrier, has left a hole in the nation’s air travel market. With many of the most lucrative routes remain unassigned, alternative carriers including Wizzair and Air Astana have flocked to pick up connections. Meanwhile, to Ukraine’s south, Turkish Airlines, an industry giant…
Sevki Acuner has been appointed the new director of the European Bank for Reconstruction and Development (EBRD) in Ukraine. Acuner, who previously held the position of EBRD Deputy Country Director for Turkey, is replacing Andre Kuusvek, who has been appointed Director of Local Currency and Capital Markets Development at the…
Simferopol – The expected shortage of fruit in Crimea due to March frost will amount to about 300 tonnes, or 0.3 percent of the forecast gross yield of fruits and berries in 2013. According to the information policy department of the Council of Ministers of Crimea, this figure was taken…
The Ukrainian government’s economic development stimulation program for 2013-2014 envisages Hr 10.9 billion as revenues from privatization in 2013, and Hr 17 billion in 2014. According to the document, whicn was approved by Cabinet of Ministers resolution No. 187 of Feb. 27 and was posted on the government’s Web site…
