Ukraine's government to refuse to reinstate Nasirov

bne IntelliNews December 18, 2018

The Ukrainian government will defy a court ruling to reinstate Roman Nasirov as head of Ukraine’s State Fiscal Service, President Petro Poroshenko told a press conference.

Ukraine faces $17bn debt mountain in 2019-2020

bne IntelliNews December 18, 2018

Ukraine faces a two-year debt payment mountain of $17bn in 2019-2020 as the restructured debt deal expires in the next two years, according to a report from the National Bank of Ukraine (NBU)

EU tries to pressurise Putin into prisoner swap for Sentsov

Jason Corcoran in Strasbourg December 14, 2018

The European Parliament is ramping up the pressure on Russian President Vladimir Putin to arrange a prisoner swap for Oleg Sentsov following the Ukrainian film director’s award of the prestigious 2018 Sakharov Prize for human rights.

Ukraine central bank keeps key rate unchanged at 18%

bne IntelliNews December 13, 2018

The National Bank of Ukraine (NBU) has kept its key policy rate at 18% following its increase by 0.5 percentage points (pp), from September 7, the regulator said in a statement on December 13.

COMMENT: Timothy Ash trip notes from Kyiv: elections headed for a Tymoshenko win and no war with Russia

Tim Ash of BlueBay Asset Management December 13, 2018

I visited Kyiv this week, meeting with, politicians, diplomats, journalists and members of the business community. Obviously a large part of the focus was on looming presidential elections.

Tymoshenko keeps leading among Ukraine presidential candidates, new survey says

bne IntelliNews December 12, 2018

Ukraine's opposition leader, former prime minister and leader of the Batkivshchyna (Fatherland) party Yulia Tymoshenko retains her leading position among candidates for the 2019 presidential election poll with 21.2% vs 11% for Petro Poroshenko

Ukrainian court reinstates fiscal service head Nasirov in his old job

bne IntelliNews December 12, 2018

Former Ukrainian fiscal service head Nasirov was the first "big fish" to be arrested on corruption charges.

Ukraine cancels privatisation auction of power company Centrenergo

bne IntelliNews December 12, 2018

The State Property Fund cancelled the auction after throwing out two bids, including one from Ukrdoninvest controlled by a businessman close to President Petro Poroshenko, because of insider ties.

Ukraine reports 1.4% m/m and 10% y/y inflation in November

bne IntelliNews December 11, 2018

Ukraine’s consumer prices increased 1.4% month-on-month and 10% year-on-year in November, driven mostly by food, housing and utilities prices, the nation's state statistics service Ukrstat reports

KYIV BLOG: Is Russia about to invade Ukraine?

Ben Aris in Berlin December 11, 2018

Reports are swirling that Russia is massing troops on the Ukrainian border and is about to invade – again.

US tells Ukraine it could cut Russia off from SWIFT in case of aggression

bne IntelliNews December 11, 2018

The US Special Representative for Ukraine Negotiations, Ambassador Kurt Volker threatened that the United States and its Western allies would take the “nuclear option” of cutting Russia off from the SWIFT international payments system

COMMENT: The state is back in the banking business in Central and Eastern Europe

Gunter Deuber of Raiffeisen Research in Vienna December 10, 2018

For a few years now, foreign banks have been constantly losing market share in many of the larger Central-, Southeastern and Eastern European markets, but there is a shift in the game as state banks are proudly increasing their share in many markets

Ukraine experts warn about negative financial consequences of martial law

bne IntelliNews December 7, 2018

Many Ukrainian financial experts stepped forward this week to warn about the negative impact of the martial law that was introduced in ten regions. Some experts says martial law could cut as much as 3% off Ukraine’s economic growth

Ukraine international reserves up 5.8% m/m in November

bne IntelliNews December 7, 2018

Ukraine's international reserves increased by $974mn, or 5.8% to $17.711bn in November, mainly on the back of a $2bn placement, according to preliminary a statement published by the National Bank of Ukraine (NBU) on December 5.

Will Ukraine’s president follow Erdogan’s emergency powers playbook?

Ben Aris in Berlin, William Conroy in Prague December 6, 2018

Emergency rule in Turkey lasted two long years. The president purged his enemies and reshaped the constitution to give him potent rule. Parts of Ukraine are now under martial law ahead of elections. The Turkish experience could prove instructive.

IRI poll finds Ukraine's presidential race remains wide open as all the candidates are unpopular

bne IntelliNews December 6, 2018

New poll shows none of the prominent candidates has a clear lead and the gaps between them remain relatively small.

UK court removes itself from the fight between oligarch Kolomoisky and Ukraine's financial authorities

bne IntelliNews December 5, 2018

The High Court in London published its ruling on the claims of state-owned Privatbank against its former owners, oligarchs Igor Kolomoisky and Gennadiy Bogolyubov, saying it has no jurisdiction to hear this case.

Ukrainian President Poroshenko promises average wages of over UAH10,000 in 1Q19

bne IntelliNews December 5, 2018

Ukrainian President Petro Poroshenko told voters that he is confident that the average wage in Ukraine will grow to UAH10,000 ($350) in the first quarter of 2019, reports.

Ukrainian opposition leader Tymoshenko massively outspending her rivals in the 2019 presidential race

Ben Aris in Berlin December 4, 2018

Former prime minister Yulia Tymoshenko is spending over seven times as much on advertising as her main rival in the 2019 presidential race, incumbent President Petro Poroshenko.

Russia partially unblocks Sea of Azov ports, Ukraine takes its complaints to international bodies

Ben Aris in Berlin December 4, 2018

Berdyansk and Mariupol ports are partially unblocked, Ukraine’s Infrastructure Minister Volodymyr Omelyan said, as Kyiv plans to take its complaints about Russian aggression to the ECHR and ICJ.