Business

Journalists uncover a scheme to harass small business

Ukraine has long hoped to attract foreign investors and improve the standing of its domestic entrepreneurs. On Dec. 17, Prime Minister Denys Shmyhal …
Oleksiy Sorokin

World Bank lends $100 million to rebuild eastern Ukraine

The International Bank for Reconstruction and Development, or EBRD, has signed a $100 million loan to help rebuild eastern Ukraine.  The EBRD, the …
Igor Kossov

UNIAN: Parliament to pass new tax initiatives in 2021

Head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Getmantsev says the parliament will adopt a number of new initiatives …
UNIAN

Government to fine business owners for ignoring mask regime

The Verkhovna Rada, the Ukrainian parliament, has passed a law to fine business owners if their employees or customers don’t wear face masks to …
Liza Semko

Reuters: Bitcoin shatters $20,000 barrier for first time

LONDON/NEW YORK – Bitcoin smashed through $20,000 for the first time on Dec. 16, its highest ever, amid increased institutional and corporate …
Reuters

NABU: DTEK energy giant sought ministerial appointment for Buslavets (UPDATE)

Editor’s Note: This story has been updated to include new information and a comment from DTEK. The DTEK Group is a company often spoken of in …
Anna Myroniuk

Ukraine issues record $1.85 billion of government bonds to fund state budget

Ukraine sold $1.85 billion in government bonds at auction on Dec. 15, according to the Ukrainian Finance Ministry. It is the largest number of bonds …
Daryna Antoniuk

Books in Russian remain bestsellers as Ukrainian publishers struggle to survive

For years, the Ukrainian book industry struggled to thrive in the shadow of Russian publishing houses, who dominated Ukraine’s book market. When the …
Daryna Antoniuk

UNIAN: Hryvnia beefs up to US dollar

The National Bank of Ukraine (NBU) has set the official forex rate for Dec. 16 at Hr 27.76 to the U.S. dollar, which let the country’s national …
UNIAN

Investment attractiveness index of Ukraine unprecedentedly decreases

The investment attractiveness index decreased to 2.40 points out of possible 5 in the second half of 2020, comparable to 2013 estimates, the most …
Interfax-Ukraine

UNIAN: Imports over 11 months down by almost 11%, exports – by 3.5%

Imports of goods to Ukraine over the 11 months of 2020 amounted to $48.4 billion, which is 10.8%, or $5.9 billion, below the figure reported in the …
UNIAN

UNIAN: Finance ministry borrows almost Hr 51.5 billion

The Ministry of Finance of Ukraine at the weekly domestic government loan bonds auction today, Dec. 15, attracted Hr 51.439 billion to the state …
UNIAN

Parliament approves budget, prolongs special status for Donbas

The Verkhovna Rada, Ukraine’s parliament, passed several crucial pieces of legislation on Dec. 15, gearing the country up for the upcoming calendar …
Oleksiy Sorokin

American University to open in Kyiv, advance Ukraine’s higher education

A new American University will open its doors in Kyiv next year to offer U.S.-style education to students from Ukraine and beyond. Initially, those …
Alexander Query

Misto Bank declared insolvent, state estimates recovery of 60% of deposits

Odesa-based Misto Bank has been declared bankrupt.  The National Bank of Ukraine announced on Dec. 14 that Misto Bank’s capital ratio has fallen at …
Igor Kossov

Finance Ministry closes bid book for extra placement of eurobonds 2033 at 6.2%

The Ministry of Finance of Ukraine, in the process of additional placement of eurobonds maturing in 2033, increased its volume from the initial $500 …
Interfax-Ukraine

Demand for Ukrainian 2033 eurobonds tops $1.5 billion

MOSCOW – Demand for a further tranche of Ukrainian 2033 eurobonds exceeds $1.5 billion with yield guidance of 6.2-6.25%, a banking sector source told …
Interfax-Ukraine

Ukrainian company launches venture fund to invest in tech startups

Investment company Quarter Partners has rolled out venture fund QPDigital, promising to invest $100 million in Ukrainian startups or international …
Liza Semko
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