Business

An Ukraine International Airlines (UIA) airplane. UIA has sharply increased prices for some tickets a few days before the complete closure of Ukrainian borders and the closure of its airspace to commercial flights, with some prices going over $1000. Ukraine…

A picture taken on Feb. 20, 2020

Euro banknotes are displayed next to an European Union flag, in Lille, on March 22, 20

People walk past the headquarters of the National Bank of Ukraine in central Kyiv on June 20, 2019. The National Bank of Ukraine this week continued to cut the policy rate while trying to buffer the hryvnia from coronavirus panic.…

Vinnytsia Airport staff and medical workers meet the plane from Israel on March 5, 2020

Medical workers conduct training on how to detect the coronavirus infection in Cherkasy Oblast on March 3, 2020

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…

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…

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…

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…