The moratorium is intended to "protect businesses from any pressure by unscrupulous individuals in various government positions," the president said at the State and Business Forum in Kyiv on June 27.
The country's Finance Ministry announced last week it would skip a $665 million government debt payment after failing to agree on restructuring terms with creditors.
Ukraine will skip a $665 million government debt payment after failing to agree on restructuring terms with creditors, Bloomberg reported.
The revision was connected to global trade upheavals, which only aggravate Ukraine's economic challenges stemming from Russia's full-scale invasion.
Standing beside a sleepy village in Ukraine’s central Kirovohrad Oblast, the Zavalivskiy mine lies beneath layers of brown and pink earth, holding some 7.5 million metric tons of graphite ore — the second largest flake graphite mine in Europe. Like many mining companies in Ukraine, Zavalivskiy Graphite has lost
"Our priority is the abolition of duties, not escalation," Deputy Economy Minister and Trade Representative Taras Kachka said.
The prolonged negotiations over a minerals deal, which have already tested relations between Kyiv and Washington, follow an effort to finalize a framework agreement earlier this year.
U.S. President Donald Trump on April 2 unleashed what he has dubbed "Liberation Day," imposing tariffs on nearly every country in the world — including war-torn Ukraine. Kyiv got off lighter than most with only a 10% tariff on all Ukrainian goods, compared to 20% on the EU, and 54%
Ukraine's international bonds fell to their lowest point in over a month on March 3 after a heated exchange between Ukrainian President Volodymyr Zelensky and U.S. President Donald Trump last week, Reuters reported.
Delegations from Saudi Arabia and Ukraine met on Feb. 16 to discuss increased economic ties, ahead of a planned visit by President Volodymyr Zelensky.
Ukraine’s inflation rate is expected to peak at 15% by mid-2025 before dropping to 8.4% by year's end, Ukraine’s Central Bank said on Jan. 31.
After the country's tax service sent out requests to Ukrainian citizens who earn money on the platform, 451 people sent in declarations totaling Hr 326.1 million ($7.76 million) for the period of 2020-2022, Ekonomichna Pravda reported on Jan. 22, citing information requested from the country's tax service.
Ukraine's National Securities and Stock Market Commission announced on Dec. 23 that it will prohibit the withdrawal of foreign issuer securities, with the ban taking effect on Jan. 1.
Editor’s Note: This is issue 158 of Ukrainian State-Owned Enterprises Weekly, covering events from Dec. 9-14, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs The Cabinet of Ministers completes the composition of Ukrenergo’s new supervisory board. On Dec. 10, the Cabinet of Ministers
Ukraine’s new eSupport program received over 2.1 million applications on its first day of operation, including nearly half a million for children, President Volodymyr Zelensky announced on Dec. 1.
Ukraine’s parliament voted to approve a tax hike for the first time since the full-scale war broke out, turning to a politically unpopular move as the country continually struggles to find new sources of funding for its growing wartime budget. The bill passed in parliament as part of a
Ukraine's parliament, the Verkhovna Rada, voted on Sept. 18 in support of increasing the state budget by Hr 500 billion ($12 billion) to spend on defense and military needs.
Ukraine's parliament ratified the agreement on political cooperation, free trade, and strategic partnership between Ukraine and the U.K., the parliament’s press center reported on Aug. 22.
Around 32% of Ukrainian families have enough income only to buy food, according to a survey published by the ZN.ua media outlet on July 25.
"Due to the high adaptability to difficult conditions and experience in responding to such challenges, the Ukrainian economy continued to grow" in June, said Economy Minister Yulia Svyrydenko.
"Despite attacks by Russia on Ukraine's energy infrastructure, it is likely that Ukraine will see real economic growth of around 3 percent in 2024," the ministry said.
According to Vysotskyi, 87% of all agricultural products are being exported from Odesa and adjacent ports.
Last month, Ukraine's government decided to exempt from conscription employees at Favbet, Glovo, and the American-owned payment corporation Visa for six months.
More than 8 million passengers traveled on Ukrainian Railways' trains between January and April 2024, indicating a 25% person increase compared to 2023, the company reported on May 2.
Seventy-four percent of surveyed companies in Ukraine are experiencing a personnel shortage, according to a new study published by the European Business Association (EBA) on April 24.
The International Monetary Fund (IMF) predicts that Ukraine's gross domestic product (GDP) will grow by 3.2% in 2024 and by up to 6.5% in 2025 even as the country continues to grapple with the full-scale invasion.
Switzerland plans to allocate 5 billion Swiss francs ($5.5 billion) to support Ukraine's economic development and reconstruction by 2036, the Swiss Federal Council announced on April 10.
In its brutal war of conquest in Ukraine, Russia has been destroying everything in its path since its full-scale invasion began on Feb. 24. In addition to the immense human toll Russia’s war has taken on Ukraine, the country’s businesses – from small сozy cafes, cinemas, and supermarkets to
After Ukraine ended 2021 with a historically high gross domestic product (GDP) of $195 billion, top officials issued optimistic forecasts for the coming year. Then the war began, killing all of the country's economic plans. As of late April, the Russian military has destroyed 30% of Ukraine’s infrastructure, causing
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