Economics
Top News
Russia’s Economy has been on a temporary “sugar high,” but now the high is coming down to reality, economist Volodymyr Lugovskyy tells Kyiv Post’s Jason Smart.
Jul. 17
US
Ukraine should prepare for money to become more expensive until the war ends. Partners should slam Russia with sanctions without giving Moscow time to adapt, economist Yuriy Gorodnichenko says.
Jul. 16
War in Ukraine
As the continuing shortages of light and heat caused by Russian strikes threaten to extend into the winter, Ukrainians turn to both traditional and modern energy-efficient solutions.
Jul. 15
War in Ukraine
New debt conditions set by Eurobond holders aren’t appropriate for a country at war – analysts suggest bonds backed by Western guarantees or proposals mirroring the EU Facility Program as alternatives
Jul. 12
Saudi Arabia
Aramco reported record profits in 2022 – after Russia's invasion of Ukraine sent oil prices soaring, allowing Saudi Arabia to record its first budget surplus in nearly a decade.
Jul. 10
Business
Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
Jul. 10
EU
Ukrainian oligarch Igor Kolomoisky’s partner, Gennady Bogolyubov, allegedly fled the country to avoid potential prosecution in the Privatbank criminal embezzlement case – spokesperson denies this.
Jul. 10
EU
In the first deal for Ukraine’s banking sector after the invasion, the Dutch invested €4.5 million in capital to purchase shares of a Ukrainian Swiss and Iceland-owned bank operating in Ukraine.
Jul. 9
EU
Entrepreneurs in Ukraine can now manage their licenses online and complain in cases of license law violations, pay for administrative services and report on occupational health in the workplace.
Jul. 9
Business
Ukraine’s most successful companies announced they will help rebuild the destroyed Okhmadyt Children’s Hospital, and are now providing food, water and transportation for patients and staff.
Jul. 9
For months, US envoys warned Austria’s Raiffeisen Bank to cut ties with a Russian oligarch. In May, Washington threatened to limit Raiffeisen's dollar access, jeopardizing its operations in Russia.
Jul. 5
EU
Ukraine is in a default situation, but (as yet) without a default credit rating – creditors, the Ministry of Finance, and the IMF are willing to progress negotiations.
Jul. 5
Ukraine
Despite an agreement between Ukraine and the EU allowing freight transport without extra permits, Poland suspended Ukrainian trucks from crossing the border due to a bureacratic delay.
Jul. 1
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Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
Jul. 10