Ukraine

Zelenskiy launches his e-government concept "country in a smartphone"

bne IntelliNews May 24, 2019

Ukrainian President Volodymyr Zelenskiy says the "country in a smartphone" concept will make up for Ukraine's lag in e-government development.

New Ukraine president under fire for proposal of referendum on peace with Russia

bne IntelliNews May 23, 2019

The team of Ukrainian President Volodymyr Zelenskiy is considering holding a referendum on concluding agreements with Russia to bring peace in the Donbas war, head of the presidential staff Andriy Bohdan said on May 21.

Ukraine's PrivatBank launches legal battle against its former owners in US court

bne IntelliNews May 23, 2019

Ukraine's PrivatBank, nationalised in late 2016, has instituted legal proceedings against its former owners, Ihor Kolomoisky and Gennadiy Bogolyubov, as well as "other individuals and companies", before a Court in Delaware in the US

KYIV BLOG: Zelenskiy is fashioning a cudgel of authority from the wisps of legitimacy

Ben Aris in Kyiv May 22, 2019

After only minutes on the job and with no formal party structure behind him, nor any representation in either the parliament or state organs, Ukrainian President Volodymyr Zelenskiy's first act was to dismiss the Verkhovna Rada.

Clearstream to link Ukraine to global financial system on May 27

Ben Aris in Berlin May 22, 2019

Ukraine’s capital markets will be hooked up to the global financial system when it joins the Clearstream international payments and settlements system in a move that could revolutionise the government's ability to fund itself.

Ukraine constitutional crisis snowballs as parliament challenges president's announcement of snap elections

bne IntelliNews May 22, 2019

Ukrainian President Volodymyr Zelenskiy's decree on the Verkhovna Rada's dissolution and call for early parliamentary elections could trigger a constitutional crisis in the country, the chairman of the nation's parliament's Andriy Parubiy says

Ukraine's retail trade growth accelerates to 9.1% y/y in April

bne IntelliNews May 22, 2019

Retail trade increased 9.1% y/y in real terms in April, slightly accelerating from 8.9% y/y in March

Ukraine faces political crisis as newly sworn-in President Zelenskiy dissolves parliament

bne IntelliNews May 20, 2019

Volodymyr Zelenskiy announced the dissolution of the nation's parliament immediately after he was sworn in on May 20.

Mirror, mirror, on the wall, who is the biggest grain exporter of them all?

bne IntelliNews May 18, 2019

The race is on between Ukraine and Russia for the title of “world’s biggest grain exporter” and the two rivals are running neck and neck.

Ukraine's parliamentary coalition collapses, making snap elections impossible

bne IntelliNews May 17, 2019

President-elect Volodymyr Zelenskiy was mulling calling a snap election after he is sworn in on May 20, but this was thwarted by the People's Front faction's decision to quit the ruling coalition.

Ukraine parliament schedules Zelenskiy's inauguration ceremony for May 20

bne IntelliNews May 17, 2019

The inauguration of Ukrainian President-elect Volodymyr Zelenskiy will take place on May 20, according to a special draft resolution greenlighted by the nation's parliament on May 16, which in theory allows the new president to dissolve parliament

Ukraine central bank loses appeal in PrivatBank nationalisation court battle

bne IntelliNews May 14, 2019

The National Bank of Ukraine has lost its appeal to the courts to overturn a decision to de-nationalise Privatbank.

Ukraine's president-elect insists on May 19 inauguration

bne IntelliNews May 14, 2019

Volodymyr Zelenskiy accuses outgoing President Petro Poroshenko of deliberately delaying handover of power while he attempts to install his people in the army, Supreme Court and National Television and Radio Broadcasting Council.

Poland overtakes Russia to become Ukraine’s biggest trade partner in February

Ben Aris in Berlin May 12, 2019

Russia has long been Ukraine’s main trade partner, but relations have crumbled since the annexation of the Crimea in 2014 and trade has fallen thanks to numerous embargoes as the two countries are fighting an undeclared war.

Ukraine’s banks are back in profit, provisions made bad debt non-toxic

Ben Aris in Berlin May 9, 2019

Ukraine’s banking sector has returned to profit, and while non-performing loans remain extremely high, those profits have allowed the banks to make provisions for their bad debt, which is no longer regarded as “toxic” by analysts.

COLCHIS: Zelenskiy faces tough choices amidst high expectations

Maryna Vorotnyuk of the Eurasia Democratic Security Network May 8, 2019

Zelenskiy is allegedly supported by powerful Ukrainian oligarch and Poroshenko’s arch-rival Igor Kolomoyskiy. Ukrainian voters obviously believed that Zelenskiy was the lesser of two evils. What went into making that choice?

Ukraine foreign reserves decrease by 0.5% m/m in April to $20.5bn

bne IntelliNews May 8, 2019

Ukraine's international reserves decreased by 0.5% month-on-month to $20.5bn in April following a 2.1% m/m growth in March, the National Bank of Ukraine (NBU).

Ukraine lifts trade restrictions for Moldovan steel company in Transnistria

Iulian Ernst in Bucharest May 7, 2019

Sanctions on steel plant in rebel republic reportedly lifted after appeal from Moldovan PM Pavel Filip.

GAS WARS: Ukraine faces a bleak winter as Russia prepares to cut it off

Ben Aris in Berlin May 5, 2019

Winter is coming and it promises to be bleak for Ukraine as Russia is clearly preparing to cut its neighbour out of its gas transit system completely. bne IntelliNews talks exclusively with executive director of Ukraine’s gas company Naftogaz

Naftogaz triples gas imports, races to build up reserves before Russia’s Gazprom cuts off supplies

Ben Aris in Berlin May 5, 2019

Ukraine’s national gas company Naftogaz believes that Russia will cut off its gas supplies completely on January 1, 2020 and is rushing to build up reserves as high as possible so that Ukraine can get through the freezing winter.

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