Ukraine agrees new provisional $3.9mn programme with IMF

bne IntelliNews October 22, 2018

Ukraine has agreed a 14-month Stand-By Arrangement (SBA) with access to Special Drawing Rights of SDR2.8bn (equivalent to $3.9bn) from its main donor, the International Monetary Fund (IMF).

Ukraine's cabinet hikes domestic gas tariffs 23% to meet IMF demands

bne IntelliNews October 19, 2018

Ukraine’s cabinet agreed to increase domestic as tariffs by 23% at a meeting on October 19, fulfilling a key International Monetary Fund (IMF) demand that may release a badly needed $1.9bn tranche before the end of the year, local media reports.

Tourists head off the beaten track in CEE and Eurasia

Clare Nuttall in Bucharest October 19, 2018

Exotic destinations in Central Asia and the Caucasus saw the region’s sharpest increase in tourist spend in the last seven years, a report from the WNWTO shows.

Ukraine’s renewable rush still faces uncertainties

Fabrice Deprez in Nikopol October 19, 2018

Ukrainian energy companies are rushing into new renewable power projects to take advantage of "green tariffs," and the country is ideal for wind and solar power, but experts worry the momentum may be lost later this year when regulations change

IMF ranks Ukraine as Europe's poorest country

bne IntelliNews October 16, 2018

With per capita GDP in current prices in US dollar terms of $2,964.193 Ukraine is Europe's poorest country

Ukrainian Orthodox church wins approval to break away from the Moscow Church

bne IntelliNews October 12, 2018

Ruling by the patriarch in Istanbul creates a schism that deepens the rifts between Ukraine and Russia and could end in violence.

Ukraine hopes to close IMF deal this month, but expects downgrade from EFF to stand-by agreement

bne IntelliNews October 11, 2018

Kyiv hopes to strike a new deal with its biggest donor that will release the badly needed financial support after its $17.5bn extended fund facility programme was effectively frozen.

Third rate hike on the cards after Ukraine's consumer prices jump 1.9% m/m in September

bne IntelliNews October 10, 2018

Ukraine’s central bank is likely to raise interest rates for the third time this year at its monetary policy meeting later this month after consumer price inflation jumped by 1.9% m/m in September.

EBRD launches a new five year strategy for Ukraine

bne IntelliNews October 10, 2018

Ukraine is now the development bank's biggest single investment destination in the former Soviet Union.

Ukraine launches solar power plant next to Chernobyl as renewables take off

bne IntelliNews October 9, 2018

Ukraine has installed a 1MW solar power plant in the contaminated area adjacent to the decommissioned nuclear power station in Chernobyl.

Ukraine’s international reserves continue to shrink slowly in September

bne IntelliNews October 8, 2018

On October 1 reserves amounted to $16.638bn, below the $17bn level for the first time since March 2017 and below the three months of import cover considered necessary to guarantee the stability of the currency.

KYIV BLOG: Vested interests threaten to capture Centrenergo privatisation

Sergei Kuznetsov in Kyiv October 5, 2018

The Ukrainian authorities will attempt to privatise the country's leading power generating company Centrenergo in late November but observers worry that the biggest privatisation deal of the year has already been captured by insiders.

Ukrainian politicians pledge to collect Russia's natural gas debts

Sergei Kuznetsov in Kyiv October 3, 2018

Former premier and Batkivshchyna Party leader Yulia Tymoshenko says Gazprom must pay "up to the last kopeck", nine months after Stockholm arbitration court ruled the Russian gas giant must pay $2.6bn to Naftogaz.

KRUK REPORT: Civil activism in Ukraine is deadly dangerous

Kateryna Kruk September 28, 2018

In less than one year, 55 regional activists have been beaten, attacked with knives or acid and even shot. Why is being an activist in Ukraine dangerous again?

Ukraine’s presidential election polls vary widely on candidates' popularity

Ben Aris in Berlin September 26, 2018

Concorde Capital suggests President Petro Poroshenko is funding some polls that downplay the lead opposition Batkivshchyna party head and former prime minister Yulia Tymoshenko has over him.

Ukraine industrial output drops 0.5% y/y in August

bne IntelliNews September 24, 2018

Ukraine's industrial output dropped 0.5% year-on-year in August following a 2.9% y/y growth in July, the Ukrstat state statistics service reported on September 21.

Poroshenko regains public support ahead of Ukraine presidential election

bne IntelliNews September 24, 2018

Ukrainian President Petro Poroshenko is winning back some of the ground he lost in Ukraine’s presidential election polls and is back in the top three, according to the latest results. Poroshenko is still behind former two-time PM Tymoshenko