Business

From its headquarters in Kyiv, the Deposit Guarantee Fund has spent years trying to wring as much value as possible out of insolvent banks’ assets. During 2015 and 2016, the National Bank of Ukraine closed nearly 90 out of 180

Protesters hold a sign that says “quotas on fertilizer are robbery of the agriculturalists” in front of the Cabinet of Ministers. A proposal to restrict fertilizer imports would increase costs for farmers, leading to a massive outcry. Thousands of outraged…

Глава Луганской областной государственной администрации (ОГА) Сергей Гайдай надеется, что деньги для выплат семьям погибших от пожара и для компенсации убытков поступят на счет во вторник. "В понедельник должно состояться заседание Кабмина, на котором рассмотрят вопрос выделения средств на компенсацию…

Ukrainian seasonal workers wearing face masks wait for a charter flight to Finland at Kyiv Boryspil International Airport in Kyiv on May 13, 2020

Money supply in Ukraine in June 2020

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to EUR 25 million to Ukrainian State Air Traffic Services Enterprise (UkSATSE), Infrastructure Minister Vladyslav Krykliy has said. "This is a very timely and necessary support…

Yulia Kovaliv, deputy head of the president’s office in charge of economic affairs, talks to the Kyiv Post on June 9, 2020

Ukrgasbank head Kiril Shevchenko (left) and National Bank of Ukraine Council chairman Bohdan Danylyshyn (center) are considered the frontrunners to become the new governor of the NBU. Volodymyr Lavrenchuk (right) is highly regarded as a good candidate but has stated…

The Ministry of Energy has chosen Naftogaz Ukrainy gas supply company LLC as the supplier of last resort in the natural gas market for the population. According to the agency's website, the competition committee made the relevant decision on July…

A tractor works a field in Kyiv Oblast. Agricultural activity accounts for about 10