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.
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.
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.
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).
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.
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.
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.
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.
Bill forbids oligarchs to make contributions in support of political parties or to participate in large-scale privatisations.
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.
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.
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’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.
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 held its most successful Gay Pride march on September 19, with an estimated 8,000 people in attendance including foreign diplomats.
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.
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%.
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.
The three emerging Europe countries bucked the overall trend of declining Long-Term Foreign-Currency Issuer Default Ratings seen across emerging markets.
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.