Ukraine

New OCCRP Pandora Papers leak reveals more details of secret financial networks of New Europe’s elite

Ben Aris in Berlin October 4, 2021

A new leak of millions of documents dubbed the Pandora Papers has revealed more details of the use of offshore companies by the elite of New Europe, detailing their ownership of hundreds of millions of dollars of assets.

Ukraine claims Gazprom gas deal with Hungary is “use of gas as a weapon”, demands sanctions

Ben Aris in Berlin October 2, 2021

National gas company Naftogaz and the pipeline operator Gas Transmission System Operator of Ukraine claimed on October 1 that last week’s deal by Russia’s Gazprom to supply Hungary is use of gas as a "weapon" and have called for sanctions.

bneGREEN: SEB puts $4 trillion annual price tag on net zero

By Richard Lockhart in Edinburgh October 1, 2021

SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy transition if the world is to reach net zero by 2050.

Ukraine's real wages increase 11% y/y in August

Cameron Jones in London September 30, 2021

Real wages in Ukraine rose 10.9% year on year in August, accelerating from 10.2% y/y growth in July, the State Statistics Service reported on September 28. The average monthly nominal wage amounted to UAH13,997 ($523).

The Ukrainian government appoints new members to the Naftogaz executive board

bne IntelliNews September 29, 2021

Ukraine’s Cabinet of Ministers of Ukraine has appointed new members to the executive board of Naftogaz of Ukraine after sacking the old members last week, Naftogaz said in a press release on September 28.

Ukrainian banks emerging from crisis healthy and back in good profit in August

bne IntelliNews September 29, 2021

Ukraine’s banks have emerged from the 2020 coronacrisis healthy and in profit thanks to the clean-up of the banking sector in recent years and the recovery of the economy.

Former Ukrainian president Poroshenko defeats High Court claim for $260mn by oligarch Surkis

Ben Aris in Berlin September 24, 2021

The British High Court struck down a $260mn claim made by Ukrainian oligarch Ihor Surkis and his related companies against former President Petro Poroshenko and the former NBU governor Valeriya Gontareva on September 22.

bneGREEN: Green Deal, CBAM poses high risks to poorer African, Eastern European countries

Richard Lockhart in Edinburgh September 23, 2021

The EU’s Green Deal and Carbon Border Adjustment Mechanism will hit the EU’s trading partners in Africa and non-EU Eastern Europe particularly hard.

Ukraine passes anti-oligarch law

Cameron Jones in London September 23, 2021

Bill forbids oligarchs to make contributions in support of political parties or to participate in large-scale privatisations.

Ukraine's industrial output increases 0.6% in August

Cameron Jones in London September 23, 2021

Ukraine’s industrial output increased 0.6% year on year in August, accelerating from 0.2% y/y growth in July, the State Statistics Service reported on September 22. Seasonally adjusted output declined 0.6% month on month in August.

bneGREEN: Greenwashing: regulators flex muscles as the market remains in flux

Richard Lockhart in Edinburgh September 22, 2021

Defining a green investment is crucial to boosting the expansion of renewable energy and preventing the mis-selling of investments by so-called greenwashing, whereby the environmental impact of a product is misrepresented.

Assassination attempt made against Ukrainian president’s top adviser

Cameron Jones in London September 22, 2021

An advisor to Ukrainian President Volodymyr Zelenskiy, Serhiy Shefir, was unharmed in an assassination attempt on the 22 September outside Kyiv. His driver, however, was struck by three bullets and hospitalised in a critical condition.

Ukraine GDP picks up 5.7% in 2Q21, based on revised data

bne IntelliNews September 21, 2021

Ukraine’s real GDP increased 5.7% y/y in 2Q21, the State Statistics Service reported on September 20, improving its preliminary estimate of 5.4% y/y.

Ukraine retail trade slows to 9.6% growth in August

bne IntelliNews September 21, 2021

Ukrainian retail sales increased 9.6% y/y (and 1.1 m/m) in August, slowing from 10.1% y/y growth in the prior month, Ukraine’s State Statistics Service reported on September 20. In 8M21, retail increased 12.9% y/y (vs. 5.7% y/y in 8M20).

Ukraine holds most successful Gay Pride march ever

bne IntelliNews September 20, 2021

Ukraine held its most successful Gay Pride march on September 19, with an estimated 8,000 people in attendance including foreign diplomats.

bneGREEN: Global coal plans collapse by 76%

By Richard Lockhart in Edinburgh September 16, 2021

The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.

bneGreen: Finland’s Betolar develops green cement as construction races to decarbonise

Richard Lockhart in Edinburgh September 15, 2021

Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.

FPRI BMB Ukraine: Trust in Zelenskiy recovers to 50%

FPRI BMB Ukraine September 13, 2021

Heading into the new political season, Volodymyr Zelenskiy and his Servant of the People party are leading the polls in Ukraine, according to the latest socio-political survey conducted by the Rating Group.

Croatia, Serbia and Ukraine were emerging markets with biggest upgrades from Fitch over last five years

bne IntelliNews September 13, 2021

The three emerging Europe countries bucked the overall trend of declining Long-Term Foreign-Currency Issuer Default Ratings seen across emerging markets.

Ukraine’s NBU hikes rates 50bp to 8.5% as expected

bne IntelliNews September 10, 2021

The National Bank of Ukraine hiked interest rates by 50bp to 8.5% on September 9 as expected as it continues to battle soaring inflation.

Dismiss