Business

Ukraine has carefully learnt recent both shelling in Donbas and regards them as two separate differing cases committed with a provocative purpose, the President's Office of Ukraine said. "We demand that Russia intervene in the situation and influence the provocative…

Ukraine's FX reserves in August 2020 tentatively expanded by 1%, to $29.049 billion, according to a Monday posting on the website of the National Bank of Ukraine (NBU). "As of September 1, 2020, Ukraine's FX reserves amounted to $29.049 billion…

Ukraine is performing "structural beacons" to receive tranches of the International Monetary Fund (IMF), and hopes a meeting of the fund's online mission will be carried out in the near future, Ukrainian Finance Minister Serhiy Marchenko has said. "Of course,…

Naftogaz Ukraine, due to non-payment of debts for gas supplied during the period of the PSO (public service obligation), is forced to start preparing lawsuits for enforced debt collection, the company said on its website. "Despite the increase in payments…

 At the moment, some 30% of money envisaged in the coronavirus fund of Ukraine have been de facto used, Minister of Finance Serhiy Marchenko has said. "The coronavirus fund is a very flexible mechanism. At the moment, de facto, 30

 Ukraine lacking contributory pensions, a stock market, toll roads and waste recycling in the 29 years since it gained independence is a crime, Prime Minister Denys Shmyhal has said. "Being really aware of the demographic forecast for the development of…

Prime Minister of Ukraine Denys Shmyhal believes that an average wage of UAH 15,000

Fitch Ratings has affirmed Ukraine's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B' with a stable outlook, the rating agency said on its website. "The ratings of Ukraine reflect its credible macroeconomic policy framework that had lowered inflation and…

Esports entrepreneur Alexander Kokhanovskyy poses in his office in Kyiv. Kokhanovskyy and partners he doesn’t disclose bought the Dnipro Hotel to turn it into the first arena in Europe dedicated entirely to competitive video gaming, where teams or individuals play…

Ukrainian startup Delfast released its new Cross Dirt electric bike in August 20