Ukrainian inflation back into double digits as rate hits 10.2% in July y/y

bne IntelliNews August 10, 2021

Ukraine’s inflation exceeded double digits for the first time since November 2018 rising to 10.2%, according to Ukrstat, as the central bank prepares for another interest rate hike in September.

Exiled Belarusian House activist who disappeared found hanged in woods in Kyiv

bne IntelliNews August 3, 2021

Belarusian opposition activist and head of Belarusian House Vitaliy Shishov, who disappeared in Kyiv on August 2, after an extensive search by police has been found hanged in a Kyiv park not far from his home.

bneGREEN: EU takes carbon pricing initiative with CBAM

bne IntelliNews July 27, 2021

The EU on 14 July unveiled the details of its proposed Carbon Border Adjustment Mechanism, which aims to protect EU CO2 emitters from carbon leakage by making exporters to the EU market pay for the CO2 they produce.

RenCap raises year-end interest rate forecasts for Ukraine, Belarus and Armenia

bne IntelliNews July 27, 2021

Investment bank Renaissance Capital says central banks in the region have been more hawkish than expected, following a series of rate hikes.

Ukraine bans Russian e-commerce giant Wildberries

bne IntelliNews July 26, 2021

Wildberries' assets to be blocked in Ukraine and it will be prevented from moving goods through the country.

Ukraine makes surprise policy rate hike to 8% to fight inflation

bne IntelliNews July 23, 2021

NBU governor Kyrylo Shevchenko says further rate increase to 8.5% is planned with inflation expected to pass 10% soon.

bneGREEN: Global investors turn to green energy and away from fossil fuels

Richard Lockhart in Edinburgh July 21, 2021

The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis said.

HOMANS: Putin's Epistle to the Ukrainians

Robert Homans in Washington DC July 20, 2021

On July 12, Vladimir Putin, President of the Russian Federation, released an epistle entitled "On the Historical Unity of Russians and Ukrainians" that has set the cat amongst the pigeons

Inflation in Ukraine stabilises at 9.5% y/y in June, NBU rates "hold" decision vindicated

bne IntelliNews July 19, 2021

Consumer prices in Ukraine increased by 0.2% m/m this June, the same as in June last year. As a result, annual inflation remained at 9.5% y/y. However, core inflation accelerated to 7.3% y/y from 6.9% in May.

MOSCOW BLOG: Merkel goes to Washington

Ben Aris in Berlin July 18, 2021

German Chancellor Angela Merkel went on her last foreign trip, to see US President Joe Biden, but on the face of it, it seems that the meeting didn't go as well as planned. Or did it?

Biden and Merkel fail to find common ground over Nord Stream 2 pipeline at Washington summit

bne IntelliNews July 16, 2021

US President Joe Biden and German Chancellor Angela Merkel have failed to find a common position on the issue of the Nord Stream 2 gas pipeline that will allow Russia to bypass Ukraine during a meeting of the two leaders on July 15.

DATACRUNCH: demographic disaster in Russia, but a catastrophe in Ukraine

Ben Aris in Berlin July 15, 2021

Russia is facing two decades of stagnation thanks to its shrinking population caused by the collapse of the Soviet Union. But in Ukraine the problem is far worse, as the population has shrunk to levels last seen in the '50s.

John Kerry in Moscow to start climate change co-operation, Putin writes essay on Russia and Ukraine

bne IntelliNews July 13, 2021

All on one day, US Special Presidential Envoy for Climate John Kerry was in Moscow to meet with Russian Foreign Minister Sergei Lavrov, President Vladimir Putin penned an essay on Ukraine and Ukrainian President Volodymyr Zelenskiy met Angela Merkel.

bneGREEN: EU carbon pricing set for radical reforms

Richard Lockhart in Edinburgh July 13, 2021

The European Commission is to publish legislation on July 14 that will detail the EU’s plans, dubbed “Fit for 55,” to reduce greenhouse gas emissions by 55% from 1990 levels by 2030 as part of wider reforms to European energy and climate laws.

Ukraine gross reserves increase 2% in June to $28.36bn

bne IntelliNews July 9, 2021

Ukraine’s gross international reserves increased by $0.52bn, or 1.9%, to $28.36bn to 4.3 months of import cover in June, the National Bank of Ukraine (NBU) reported on July 6.

bneGREEN: CEE surfs the green bond wave

Robert Anderson, and bne IntelliNews reporters July 9, 2021

Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.

wiiw raises its GDP forecast for 20 out of 23 countries in CEE

bne IntelliNews July 8, 2021

The Vienna Institute for International Economic Studies has raised its GDP growth forecasts for 20 out of 23 countries in Central and Eastern Europe as the coronavirus (COVID-19) pandemic starts to recede.

Huge secret bonuses paid to top Naftogaz executives exposed

Ben Aris in Berlin July 7, 2021

When Naftogaz CEO Andriy Kobolev was fired in April he pocketed $12.7mn in bonuses as part of his contract, the Kyiv Post reported in an investigation into pay and bonuses at the state-owned gas company on June 6.

bneGREEN: What is green?

bne IntelliNews July 6, 2021

Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.

FSUOGM: Gazprom sends record volumes to Europe

bne IntelliNews July 6, 2021

Russia’s Gazprom exported record volumes of gas to Europe during the first half of the year, despite recent claims in the press that the company has been withholding supply to jack up prices.