newsoftheukraine

lundi, juillet 13

“However, irresponsible central bank policies ultimately lead to high inflation, exchange rate volatility, financial sector problems, low economic growth, and high unemployment, as we have seen during past crises in Ukraine

“However, irresponsible central bank policies ultimately lead to high inflation, exchange rate volatility, financial sector problems, low economic growth, and high unemployment, as we have seen during past crises in Ukraine “However, irresponsible central bank policies ultimately lead to high inflation, exchange rate volatility, financial sector problems, low economic growth, and high unemployment, as we have seen during...

Ljungman did not say that Ukraine is in violation of the IMF agreement.

Ljungman did not say that Ukraine is in violation of the IMF agreement. Ljungman did not say that Ukraine is in violation of the IMF agreement. He also did not put forward any name for a successor to Smoliy. The Rada breaks Friday evening for a 6-week recess. It is unclea...

With Smoliy and his deputy, Oleh Churiy, out, the 7-member central bank board now risks losing its free market majority

With Smoliy and his deputy, Oleh Churiy, out, the 7-member central bank board now risks losing its free market majority With Smoliy and his deputy, Oleh Churiy, out, the 7-member central bank board now risks losing its free market majority The Zelenskiy “administration’s plan [is] to remove all current members of the N...

As part of Zelenskiy’s push to drive down interest rates, the new state program « Affordable Loans 5-7-9% » has received applications from entrepreneurs for loans totaling $300 million

As part of Zelenskiy’s push to drive down interest rates, the new state program « Affordable Loans 5-7-9% » has received applications from entrepreneurs for loans totaling $300 million As part of Zelenskiy’s push to drive down interest rates, the new state program « Affordable Loans 5-7-9% » has received applications from entrepreneurs for loans totaling $300 million. Zelenskiy said...

Public opinion polls show majorities of Ukrainians are skeptical or hostile to IMF programs.

Public opinion polls show majorities of Ukrainians are skeptical or hostile to IMF programs. Public opinion polls show majorities of Ukrainians are skeptical or hostile to IMF programs. Anti-IMF feeling is whipped up by pro-Russian TV stations – about half of Ukraine’s media market. Ihor Kolo...

No cash please, we’re Ukrainian.

No cash please, we’re Ukrainian. No cash please, we’re Ukrainian. Non-cash payments during the quarantine jumped to 87% in May, from 82% in January, National Bank of Ukraine reports on its Facebook page. In terms of volumes of money,...

Deflating these statistics

Deflating these statistics Deflating these statistics, Smoliy, the former central bank governor, said in an interview last week with LB.ua: “According to the Ministry of Economy, 30% of businesses are in the shadows. I think it...

As the Rada prepares to debate this week two bills offering tax breaks for the production of electric cars,

As the Rada prepares to debate this week two bills offering tax breaks for the production of electric cars, As the Rada prepares to debate this week two bills offering tax breaks for the production of electric cars, Robert Horvat, a deputy representing the Zakarpattia district with Eurocar, says the plant p...

Four months after the corona quarantine started, Ukrzaliznytsia is running only one third of its suburban and long distance trains

Four months after the corona quarantine started, Ukrzaliznytsia is running only one third of its suburban and long distance trains Four months after the corona quarantine started, Ukrzaliznytsia is running only one third of its suburban and long distance trains, Ivan Yurik, acting CEO of the state railroad says. If the corona pan...

UIA restarts its North America flights this Sunday with a weekly B767-300(ER) flight between Kyiv Boryspil and Toronto Pearson

UIA restarts its North America flights this Sunday with a weekly B767-300(ER) flight between Kyiv Boryspil and Toronto Pearson UIA restarts its North America flights this Sunday with a weekly B767-300(ER) flight between Kyiv Boryspil and Toronto Pearson. UIA has not announced plans to restart service between Kyiv and New York...

The EBRD is extending a €25 million loan to UkSATSE to help the air traffic control agency survive the collapse in air traffic.

The EBRD is extending a €25 million loan to UkSATSE to help the air traffic control agency survive the collapse in air traffic. The EBRD is extending a €25 million loan to UkSATSE to help the air traffic control agency survive the collapse in air traffic. The agency earns its money by guiding planes through Ukraine’s air space...

Some of the money is to help Ukraine enter the EU open skies agreement.

Some of the money is to help Ukraine enter the EU open skies agreement. Some of the money is to help Ukraine enter the EU open skies agreement. Ukraine hopes to finally sign the common aviation area agreement on Oct.1, at the upcoming EU-Ukraine summit. Ukraine’s admissio...

Ukraine must preserve the independence of the central bank under the next governor as part of the $5 billion IMF deal,

Ukraine must preserve the independence of the central bank under the next governor as part of the $5 billion IMF deal, Ukraine must preserve the independence of the central bank under the next governor as part of the $5 billion IMF deal, the IMF’s country representative said in the first public comments since Na...

Human error was behind the Jan. 9 missile strike that down the UIA flight shortly after it left Tehran airport, killing all 176 aboard.

Human error was behind the Jan. 9 missile strike that down the UIA flight shortly after it left Tehran airport, killing all 176 aboard. Human error was behind the Jan. 9 missile strike that down the UIA flight shortly after it left Tehran airport, killing all 176 aboard. At an air defense unit, an operator foorgot re-adjust the north ...

The interview echoed last weekend through the western press

The interview echoed last weekend through the western press The interview echoed last weekend through the western press, including the Financial Times, The New York Times, and The Washington Post. The Post version headlined: “Ukraine’s bank chief quit and rece...

The day after President Zelenskiy called for an 11% devaluation of the hryvnia, the IMF representative said:

The day after President Zelenskiy called for an 11% devaluation of the hryvnia, the IMF representative said: The day after President Zelenskiy called for an 11% devaluation of the hryvnia, the IMF representative said: “The current Stand-By Arrangement is premised on…a continuation of the economic polic...

As nervous investors pushed down the price of Ukraine’s government Eurobonds on Friday

As nervous investors pushed down the price of Ukraine’s government Eurobonds on Friday As nervous investors pushed down the price of Ukraine’s government Eurobonds on Friday, Ljungman, a Swedish economist with a decade of IMF work, gave a primer in classical economics: “We know that pru...

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