Survey: Ukraine’s businesses predict lower profits, complain about COVID-19
Vinnytsia Airport staff and medical workers meet the plane from Israel on March 5, 2020
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Read MoreSurvey: Ukraine’s businesses predict lower profits, complain about COVID-19
Business Update – March 13: Foreigners banned from entering Ukraine, import and export problems
Medical workers conduct training on how to detect the coronavirus infection in Cherkasy Oblast on March 3, 2020
Ukraine, U.S. agree on annual supplies of 6-8 bcm of LNG for hub creation
The U.S. Department of State and the Ukrainian government have agreed on supplies of 6-8 billion cubic meters (bcm) of liquefied natural gas (LNG) every year to Ukraine with its further transportation to European countries via a hub based on…
Shmyhal says payments to ministers, members of supervisory boards should be reduced
Denys Shmyhal, the newly appointed prime minister of Ukraine, advocates a reduction in salaries to ministers and members of the supervisory boards of state-owned companies. "There are expenses that we must reduce: this concerns salaries and bonuses of officials, including…
Verkhovna Rada appoints Shmyhal as Prime Minister of Ukraine
The Verkhovna Rada has appointed Denys Shmyhal as Prime Minister of Ukraine. Some 291 parliamentarians voted in favor of his candidacy, which was proposed by President of Ukraine Volodymyr Zelensky. Earlier on Wednesday, the parliament approved the resignation of Oleksiy…
Coronavirus epidemic could lead to economic crisis in Ukraine – acting Economy Minister
The likelihood of a coronavirus (COVID-19) epidemic in Ukraine is low, but it is gradually growing, and in the event of its onset, the country will suffer an economic crisis, acting Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov…
Ukraine’s GDP 0.5% down in Jan – Economy ministry’s assessment
Ukraine's GDP in January 2020 decreased 0.5%, the Ministry of Economic Development, Trade and Agriculture has said based on information from the State Statistics Service. "In January 2020, the decrease in the Composite Production Index was 2.6% and, accordingly, the…
Cabinet will seek investors to privatize Centrenergo together with state mines – premier
The Cabinet of Ministers of Ukraine will seek investors to privatize PJSC Centrenergo energy generating company together with a number of state mines, Prime Minister of Ukraine Denys Shmyhal has said. "If we are talking about the possible privatization of…
Fitch affirms Ukraine at ‘B’, outlook positive
Fitch Ratings has affirmed Ukraine's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'B', the outlook is positive, the rating agency said on its website. "Ukraine's ratings balance improved policy consistency and credibility, a record of multilateral support, and…
Fitch expects weakening of hryvnia, 3.5% GDP growth in 2020
The international rating agency Fitch Ratings expects acceleration of growth of the Ukrainian economy from 3.2% in 2019 to 3.5% in 2020 and 3.8% in 20