Business

The agricultural land market launched as part of the land reform carried out by the government, begins to function on July 1. At the first stage of the reform, only citizens of Ukraine will be able to buy and sell…

The economic risks of completing the construction of Nord Stream 2 will be discussed during the visit of President of Ukraine Volodymyr Zelensky to Germany on July 12, ex-Minister of Foreign Affairs of Ukraine Pavlo Klimkin says. "The EU and…

Vahram Stepanyan replaced Goesta Ljungman as Resident Representative of the International Monetary Fund (IMF) for Ukraine, the IMF said on Wednesday. According to the report, Stepanyan started work on June 28. According to the press service of the IMF Resident…

The Ministry of Agrarian Policy and Food is negotiating with companies from Israel, the United States, France and China regarding public-private partnership in the reconstruction of irrigation systems in the southern regions of Ukraine, Minister Roman Leshchenko said in an…

The Verkhovna Rada adopted at the final reading "bank" bill No. 4367, the adoption of which is an important condition within the framework of the Stand-By Arrangement (SBA) of the International Monetary Fund (IMF). Some 279 MPs backed the bill…

Ukrainian brand Enjoy the Wood creates wooden wall maps and sells them globally on marketplaces like Etsy, Amazon and Ebay. The founder of the company, Igor Fostenko, founded the company with his wife and financed it with money raised on…

Execution of court decisions on claims of producers of "green" electricity against SOE Guaranteed Buyer and recovery of debts in favor of the plaintiffs will lead to an increase in these debts to other producers and, as a result, to…

Seven out of ten members of the monetary policy committee (MPC) of the National Bank of Ukraine (NBU) supported the maintenance of the refinancing rate at 7.5% on June 16, three more committee members proposed to act more decisively and…

Gazprom has again refused to book additional transit capacity via Ukraine for July despite the upcoming major repairs on export gas pipelines, according to data of the Regional Booking Platform. Gas Transmission System Operator of Ukraine LLC on Tuesday put up…

The level of the shadow economy in Ukraine in 2020 amounted to 30% of the official GDP, compared with 27% of GDP in 2019, according to the analytical note of the Ministry of Economy. "According to preliminary estimates, the level of the shadow…