Partners news

Monday, November 23

A fluent English speaker, Markarova has participated in numerous negotiations with the IMF, World Bank and other foreign financial institutions. A fluent English speaker, Markarova has participated in numerous negotiations with the IMF, World Bank and other foreign financial institutions. Foreign Minister Dmytro Kuleba reacted to press specula...

Tymofiy Mylovanov, the former Economy Minister, has been appointed as a “non-staff” adviser to Andriy Yermak, Zelensky’s chief of staff. Tymofiy Mylovanov, the former Economy Minister, has been appointed as a “non-staff” adviser to Andriy Yermak, Zelensky’s chief of staff. After resigning from the Cabinet in March, Mylovanov has served...

Mylovanov, a University of Wisconsin-Madison graduate, is known for advocating forceful, generally free market policies. Mylovanov, a University of Wisconsin-Madison graduate, is known for advocating forceful, generally free market policies. Two weeks ago on the Svoboda Slova program he advocated a hard lockdown to slow...

In another personnel change, the Cabinet fired on Friday Olha Buslavets, the acting Energy Minister, replacing her with Yuriy Boyko, her deputy at the Ministry In another personnel change, the Cabinet fired on Friday Olha Buslavets, the acting Energy Minister, replacing her with Yuriy Boyko, her deputy at the Ministry. Buslavets had served as acting minister...

In a black eye for Ukraine’s investment image, a pioneer Canadian renewables investor is accusing Igor Kolomoisky and his business partners of trying steal a 10.5 MW solar plant. In a black eye for Ukraine’s investment image, a pioneer Canadian renewables investor is accusing Igor Kolomoisky and his business partners of trying steal a 10.5 MW solar plant. Built by Calgary’s TI...

In the summer of 2019, Kolomoisky stopped paying the green tariff for solar and wind electricity nationwide. In the summer of 2019, Kolomoisky stopped paying the green tariff for solar and wind electricity nationwide. On March 1st, the Ferroalloy plant cut off TIU Canada from the substation. Later, in face t...

The TIU Canada plant in Nikopol is one of several completed solar plants around Ukraine that are not functioning because of problems connecting with power grids The TIU Canada plant in Nikopol is one of several completed solar plants around Ukraine that are not functioning because of problems connecting with power grids, Artem Semenyshyn, Executive Director o...

TIU Canada’s Vita Solar is one of several dozen small renewable companies that are suing for nearly $18 million from the Guaranteed Buyer TIU Canada’s Vita Solar is one of several dozen small renewable companies that are suing for nearly $18 million from the Guaranteed Buyer, the state company that is obliged to buy power from renewable...

President-elect Biden will be well-positioned to help President Zelenskiy fight against corruption in Ukraine President-elect Biden will be well-positioned to help President Zelenskiy fight against corruption in Ukraine, The Washington Post wrote last week in an editorial titled: “Ukraine’s anti-corruption pu...

Ukraine averaged 14,500 new coronavirus infections on Friday and Saturday – double the level of one month earlier. Ukraine averaged 14,500 new coronavirus infections on Friday and Saturday – double the level of one month earlier. Starting Saturday, police have the right to fine people not wearing masks in public p...

Friday, November 20

Rebuilding roads in Ukraine-controlled Donbas is the goal of a two new soft loans totaling €155 million Rebuilding roads in Ukraine-controlled Donbas is the goal of a two new soft loans totaling €155 million, reported the Infrastructure Ministry. The World Bank is lending $65 million as part of its proj...

To further reduce the isolation of Luhansk and to protect the new roads To further reduce the isolation of Luhansk and to protect the new roads, the Rada’s Transport Committee endorsed the construction of a rail line that would connect a 250 rail line in eastern Luhansk t...

The US is giving $4 million in aid to bolster Ukrainian Sea Guard units in Berdyansk and Mariupol. The US is giving $4 million in aid to bolster Ukrainian Sea Guard units in Berdyansk and Mariupol. The US Embassy Twitter feed said: “The new equipment will help the Marine Guard deter and respond to ...

Through October, Mariupol port has handled 5.1 million tons of cargo, up by almost 10% over the level for the first 10 months of last year. Through October, Mariupol port has handled 5.1 million tons of cargo, up by almost 10% over the level for the first 10 months of last year. Taking advantage of rail freight incentives to use the port,...

The day after speaking with the IMF Managing Director in Washington, President Zelenskiy made a video call to the G-7 ambassadors in Kyiv and promised to deliver on the IMF’s checklist. The day after speaking with the IMF Managing Director in Washington, President Zelenskiy made a video call to the G-7 ambassadors in Kyiv and promised to deliver on the IMF’s checklist. By the end of ...

The EU is ready to provide €1.2 billion in aid to Ukraine – if Ukraine complies with a list of conditions similar to the IMF’s list The EU is ready to provide €1.2 billion in aid to Ukraine – if Ukraine complies with a list of conditions similar to the IMF’s list. Matti Maasikas, head of the EU delegation to Ukraine, tweeted this ...

Concorde Capital’s Concorde Capital’s Evgeniya Akhtyrko writes of Zelenskiy’s Tuesday night call: “The key question: is what was the purpose of the call? Considering that no IMF tranche will emerge in the nearest couple...

Western joint production ventures with UkrOboronProm units will not be possible if the new Ministry of Strategic Industries succeeds in stopping reform of the nation’s arms industry Western joint production ventures with UkrOboronProm units will not be possible if the new Ministry of Strategic Industries succeeds in stopping reform of the nation’s arms industry, the UkrOboronProm...

Separately, Mustafa Nayyem, UkrOboronProm’s Deputy Director-General Separately, Mustafa Nayyem, UkrOboronProm’s Deputy Director-General, wrote Wednesday on Facebook of what looks like another counter-revolution for Ukraine. Of the takeover by the new Ministry last sum...

This critique was echoed by Canadian-American arms expert Lada Roslycky This critique was echoed by Canadian-American arms expert Lada Roslycky who wrote on Wednesday in Vox Ukraine that the new Ministry of Strategic Industries is a “communist construct dating back to Sov...

While Western companies stay on the sidelines, Turkish arms manufacturers build joint ventures with Ukraine for drones, surface-to-air missile systems, military communications, tank protection systems and corvettes While Western companies stay on the sidelines, Turkish arms manufacturers build joint ventures with Ukraine for drones, surface-to-air missile systems, military communications, tank protection systems...

Azerbaijan’s victory in the 44-day war with Armenia thrusts Turkey into the spotlight as an increasingly muscular regional player Azerbaijan’s victory in the 44-day war with Armenia thrusts Turkey into the spotlight as an increasingly muscular regional player, Taras Kuzio, a Kyiv-Mohyla Academy Professor, writing for the Royal U...

UIA will resume flying to Yerevan, Armenia on December 4th UIA will resume flying to Yerevan, Armenia on December 4th. Flights were suspended two months ago because of the war between Armenia and Azerbaijan over Nagorno-Karabakh, about 250 km to the east of Y...

Thursday, November 19

The Finance Ministry is not considering issuing hryvnia government loan bonds to help pay off the $800 million debt owed to solar and wind producers of electricity The Finance Ministry is not considering issuing hryvnia government loan bonds to help pay off the $800 million debt owed to solar and wind producers of electricity, Deputy Finance Minister Yuriy Draga...

University education is a major export for Ukraine. University education is a major export for Ukraine. Last year, 80,500 foreign students spent $570 million here for tuition alone, reports the Kyiv Post. Adding food, lodging, airfare, and services, th...

55% of people polled in France, Germany, Italy and Poland support Ukraine joining the European Union 55% of people polled in France, Germany, Italy and Poland support Ukraine joining the European Union, according to an internet-based survey of 4,000 people polled at the end of September for the New E...

Due to the Constitutional Court’s October 27 decision that filing fraudulent asset declarations should be punished Due to the Constitutional Court’s October 27 decision that filing fraudulent asset declarations should be punished, the Ukraine’s new High Anti-Corruption Court said Tuesday that it was forced throw o...

Concorde Capital’s Zenon Zawada writes Concorde Capital’s Zenon Zawada writes: “This is yet another negative consequence of the scandalous October 27 ruling, which has been quite destructive, not only for Ukraine’s anti-corruption infrastr...

The Rada lacks the political will to approve bills that world restore the electronic declarations or deal with the Constitutional Court The Rada lacks the political will to approve bills that world restore the electronic declarations or deal with the Constitutional Court, a body determined to dismantle much of the Europe-oriented inst...

“Now you’ve got to put people in jail,” “Now you’ve got to put people in jail,” Joe Biden recalls in his 2017 memoir saying to Prime Minister Arseniy Yatsenyuk. Then Vice President Biden made the exhortation in a speech to the US-Ukraine Bu...

Although Ukraine is recording record corona infections and deaths Although Ukraine is recording record corona infections and deaths, the government believes weekend lockdowns will be enough to stop the nation’s rising infection rate. The nation is recording about 12...

With shopping centers closed last weekend, ‘mobility’ dropped by about 25% With shopping centers closed last weekend, ‘mobility’ dropped by about 25%, said Viktor Lyashko, the deputy Health Minister. He says a well-enforced lockdown this weekend, could cut ‘mobility’ by 50% ...

Last weekend, a string of big city mayors defied the lockdown Last weekend, a string of big city mayors defied the lockdown. Whilst National Police who work for the Interior Minister, shut down and fined 2,400 establishments, many of them in cities boycotting th...

Speaking to Speaking to Reuters yesterday, Health Minister Maksym Stepanov said that he believes Ukraine can get to the Christmas holidays without a total lockdown. However, he warns: “The winter, in my opinion, ...

IMF Managing Director Kristalina Georgieva tweeted yesterday about Ukraine: IMF Managing Director Kristalina Georgieva tweeted yesterday about Ukraine: “Constructive call with President Zelensky on IMF program implementation, Central Bank independence and anti-corruption effo...

President Zelenskiy said President Zelenskiy said after the Tuesday night call: “To date, all the structural beacons provided for the revision of the IMF program have been fulfilled.” Zelenskiy assured the head of the I...

Deputy Finance Minister Yuriy Draganchuk Deputy Finance Minister Yuriy Draganchuk told Korrespondent.net that there are no “formal preconditions for not giving us a tranche or sending a mission.” However, he added: “They look at the general ...

Veteran British financial observer Timothy Ash was skeptical, Veteran British financial observer Timothy Ash was skeptical, emailing clients: “[I] cannot see IMF disbursements until the new US administration takes office and puts new focus on Ukraine.” Predictin...

Dollar-denominated bonds accounted for 85% of revenue raised on Tuesday at the Finance Ministry’s weekly auction Dollar-denominated bonds accounted for 85% of revenue raised on Tuesday at the Finance Ministry’s weekly auction. A total of $76 million 1.2-year dollar bonds went for 3.77%, up 15 basis points from o...

Wednesday, November 18

Roads were paved in all 24 regions this year. Six were leaders: Roads were paved in all 24 regions this year. Six were leaders: Kharkiv — 262 km; Zakarpattia – 248 km; Zaporizhia — 220 km; Sumy -197 km; Khmelnytskyi –194 km; Cherkasy 163 km; and Lviv 1...

The number of foreigners entering Ukraine has plunged by 75% so far this year The number of foreigners entering Ukraine has plunged by 75% so far this year. Through September, 2.7 million foreigners visited Ukraine, down from 10.7 million during the first nine months of last ye...

The EU plans to sign an ‘open skies’ agreement with Ukraine in the first quarter of next year The EU plans to sign an ‘open skies’ agreement with Ukraine in the first quarter of next year, Katarína Mathernová, the European Commission’s deputy director-general for Neighborhood Policy and Enlarg...

Notable and Quotable: Notable and Quotable:

“It’s not a coincidence the Constitutional Court decided to demolish anti-corruption reform right in the middle of an American election,” “It’s not a coincidence the Constitutional Court decided to demolish anti-corruption reform right in the middle of an American election,” Daria Kaleniuk, executive director of the Anti-Corruption Acti...

“Oligarchs are further coopting Rada members, judges, and others to undermine the President’s agenda,” “Oligarchs are further coopting Rada members, judges, and others to undermine the President’s agenda,” Kristina A. Kvien, US Embassy Chargé d’Affaires in Kyiv, said at the Ukraine Reform C...

“As US vice president, Biden was at the forefront of an anti-corruption reform agenda that aimed to facilitate Ukraine’s integration into the Euro-Atlantic community,” “As US vice president, Biden was at the forefront of an anti-corruption reform agenda that aimed to facilitate Ukraine’s integration into the Euro-Atlantic community,” Peter Dickinson writes in an Atl...

With the third departure in six weeks, the purge of pro-Western reformers from Ukraine’s defense industry continued with Monday’s abrupt firing of Volodomyr Usov, the head of Ukraine’s Space Agency With the third departure in six weeks, the purge of pro-Western reformers from Ukraine’s defense industry continued with Monday’s abrupt firing of Volodomyr Usov, the head of Ukraine’s Space Agency. O...

By creating transparently run companies, the directors hoped to open doors to join ventures with foreign, NATO-standard companies By creating transparently run companies, the directors hoped to open doors to join ventures with foreign, NATO-standard companies wary of getting tarred by corrupt practices at state defense manufactu...

Behind the firings is Behind the firings is Oleh Uruskiy, a Soviet-trained, three-decade veteran of Ukraine’s defense industry. Appointed First Deputy Prime Minister last summer, Uruskiy is creating a ‘mega-ministry’–...

Critics say modernization is stopping and new structures are opaque Critics say modernization is stopping and new structures are opaque. “With the choice of this manager, Volodomyr Zelenskiy really made a mistake,” Ivan Sergienko writes in Lenta.ua. “Uruskiy is not on...