You're reading: Ukraine Digest: March 5

What we’re watching 

  • Friday, March 5 at 5 p.m. Kyiv time: Atlantic Council – What should West do about Ukraine? Register here
  • Thursday, March 11 at 4:30 p.m. Kyiv time: U.S.-Ukraine Business Council – A conversation with Anders Aslund – Register here

Top news

Coronavirus

Video: Explore Kyiv’s underground with local ‘Diggers’

Discover a new side of Kyiv with the city’s Urbex community. Yaroslav, an experienced explorer of Kyiv’s dark underground and member of the local “Digger” community, spends his days giving tours of Kyiv’s hidden tunnel systems and secret underground passages. He shares his expert understanding of the history of Kyiv’s unique underground as a member of the community of “Diggers” that continue to search for new discoveries buried deep beneath the city.

Read more here

Business

$1 = Hr 27.8

Central bank rate hike

Interfax: NBU raises key policy rate to 6.5%, seeks to dampen inflation.

National Bank Deputy Governor Yurii Heletii explains fed policy

NBU: Consumers continue shift to non-cash payments

Bloomberg: Ukraine unexpectedly hikes rates to combat inflation surge

Other business news

Interfax: Shmyhal announces 5 key issues in talks with IMF

Interfax: Export of grain through Ukrainian seaports decreased by 13.8% in 2020 – Stark Shipping analysis

Interfax: Shmyhal denies reasons for the resignation of Naftogaz boards’ head

Interfax: Government expects to attract billions of hryvnias through tax amnesty 

Business Wire

Ukraine should prove to be an agricultural superpower in a post-COVID world

Cyprus immigration guide for non-EU citizensLaw firm AVELLUM promotes new counsel in dispute resolution practice

Flower delivery Bloom.ua offers to send bouquets to employees, co-workersIndia in the 21st Century

GOLAW: Guilt and intent as conditions for tax liability from January 2021

Avellum: How to protect international investors in an unsettled tax world

Opinion

Iuliia Mendel: Zelensky aims to end Ukraine’s oligarch eraHalya Coynash: 5 years in prison for insisting that Crimea is Ukraine

Joshua Huminski: How to think about Russia

Roman Leshchenko: Ukraine can feed the world

E.J. Dionne Jr: The crisis Biden can’t duckSteven Pifer: How to solve the Nord Stream 2 dilemma

Brian Whitmore: Spring showdown looms in Belarus

Editorial: Oligarch TV

Editorial: Soft sanctions

Jennifer Rubin: It is not hard to figure out why freedom is in decline

From the archives: No Revolution Here: News Media In Ukraine Remain In Same Hands

To go with today’s cover story, a look back more than five years ago at media ownership in Ukraine. Some things never change.

Read the Jan. 14, 2016, edition