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What's a FOP, and why are the IMF and Ukraine fighting over it?
Business

What's a FOP, and why are the IMF and Ukraine fighting over it?

by Liliane Bivings

Editor's note: A version of this article first appeared in the Ukraine Business Roundup, our weekly newsletter on what's shaping Ukraine's businesses and economy. Sign up here. After months of failing to pass a range of measures needed to unlock billions in stalled donor funding, Ukraine’s parliament made a small dent in the long list of reforms this week. But there was one piece of regulation conspicuously absent from the agenda. As part of a new $8.1 billion International Monetary Fund loan

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News from occupied Ukraine: Treason accusations in Crimea, doctor shortages, Tor missile system destroyed

This weekly update from the Kyiv Independent aims to shed light on the situation facing Ukrainians living under Russian occupation and the ever-tightening control of information imposed by the Kremlin.   Key news as of April 11: * More than 580,000 Ukrainian children forced to study in schools under Russian occupation * Crimean woman accused of treason, sent for psychiatric examination * Occupied part of Luhansk Oblast faces acute shortage of doctors, teachers, civil servants * Ukraine dis

All you need to know about Hungary's election

As Hungarians are heading to the polls on April 12, the prospect that the 16-year rule of Hungarian Prime Minister Viktor Orban and his Fidesz party might come to an end will have far-reaching consequences for Ukraine, Europe, and maybe the world. A lot is at stake for Ukraine in this election. Orban has blocked a €90 billion EU loan for Kyiv, and used its veto power to prevent the EU from opening accession negotiations with Ukraine — and Moldova — for almost a year. Facing down Fidesz, and mo

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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