Business

UNIAN: Hryvnia weakens to Hr 27.22 to US dollar on April 16

The National Bank of Ukraine (NBU) on April 15 set the official forex rate for April 16 at Hr 27.22 to the U.S. dollar, which let the country’s …
UNIAN

DTEK halts biggest mine complex, endangers 30,000 jobs

Ukraine’s largest private power company DTEK plans to suspend operations at one of its largest coal mining complexes, potentially leaving 30,000 …
Alexander Query

Business Update: April 15 – Land market reform opposition, forest fire fines increased

Ending quarantine measures in Ukraine is not feasible until after a steady reduction in cases of COVID-19, Health Minister Maksym Stepanov said. …
Jack Laurenson

Business Lockdown: For hotel owner, government ‘needs to step up’

Editor’s Note: Ukraine’s businesses are struggling after the country introduced nationwide restrictions on movement and travel starting on March 12. …
Alexander Query
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Oleg Petrasiuk

UNIAN: Ukraine announces refinanced loans to businesses at zero rate

Ukraine’s Finance Minister Serhiy Marchenko says the Cabinet of Ministers has increased the maximum loan amount under the program, titled “Affordable …
UNIAN

Justice minister: No court decision on Surkis’ recovering $250 million from PrivatBank

There is no court decision on recovering $250 million from PrivatBank by the Surkis brothers, “everything is a bit more complicated,” Ukrainian …
Interfax-Ukraine

Reuters: Oil in the age of coronavirus

Oil fields from Texas and New Mexico to Oklahoma and North Dakota are going quiet as drilling is halted and tens of thousands of oil workers lose …
Reuters

UNIAN: Trade envoy says Ukraine can afford to boost agri-exports

Ukraine’s Deputy Minister of Economic Development, Trade and Agriculture, Trade Envoy Taras Kachka has said Ukraine can afford to boost exports of …
UNIAN

Ukraine exports 48 million tonnes of grain since start of the marketing year

Ukraine since the beginning of the marketing year 2019/2020 (MY, July-June) and as of April 15, 2020 had exported 48.14 million tonnes of grain and …
Interfax-Ukraine

UkrInform: IMF’s European Department recommends continuing cooperation with Ukraine

The European Department of the International Monetary Fund (IMF) has good reason to recommend that the IMF Executive Board continue cooperation with …
UkrInform

Reuters: Ukraine’s DTEK to send debt restructuring proposals to creditors

Ukraine’s largest private power producer, DTEK, which recently suspended its debt payments, is ready to submit proposals on debt restructuring to …
Reuters

UNIAN: Ukraine’s electricity imports down by 19.7% in March

The state-owned operator of Ukraine’s integrated power grids, Ukrenergo, says the share of imported electricity in the country’s power grids in March …
UNIAN

Reuters: Ukraine ready to ban wheat exports if necessary

Ukraine, one of world’s top grain exporters, is ready to ban wheat exports if sales exceed limits agreed with traders, the deputy economy minister in …
Reuters

UNIAN: Ukraine central bank reports on economy after month-long quarantine

The National Bank of Ukraine (NBU) has reported that the country’s economy and the banking system in particular have quite smoothly passed the first …
UNIAN

Business Lockdown: Dream Town CEO Yemets advises business to ‘stay calm’

Editor’s Note: Ukraine’s businesses are struggling after the country introduced nationwide restrictions on movement and travel starting on March 12. …
Alexander Query

Business Update: April 14 – IMF says Ukraine’s economy will shrink, bounce back in 2021

Ukraine’s GDP may shrink by 7.7% in 2020, but bounce back with growth of 3.6% in 2021, the International Monetary Fund has stated. The prediction is …
Jack Laurenson

IMF: Ukraine’s GDP could fall by 7.7% in 2020, grow by 3.6% in 2021

The International Monetary Fund (IMF) expects that Ukraine’s GDP would fall by 7.7% in 2020 and grow by 3.6% in 2021, according to the World Economic …
Interfax-Ukraine

Associated Press: IMF – Global economy will suffer worst year since Depression

Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the …
Associated Press
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