Ukraine economy | Promote Ukraine - Media and expert platform for Ukraine and the EU - Part 14

Ukraine’s parliament (Verkhovna Rada) voted to dismiss Central Bank (National Bank of Ukraine, NBU) Governor Yakiv Smoliy on Friday, 3 July. The draft resolution was supported by 286 members of parliament. Before the vote took place […]

[caption id="attachment_7246" align="alignright" width="200"] Anna Gubanova[/caption] The cafe at the square of ancient kings in Rome has an unstoppable flow of people who are casually chatting with vendors and strangers. Warm colors, loud voices, traditional […]

There are dozens of settlements along the frontline in Donbas - cities, villages and towns, where hundreds of thousands of people continue to live despite the war. They have been living under military conflict for six […]

Grain Alliance Group in Ukraine will receive financial support, thanks to a new agreement with the European Bank for Reconstruction and Development (EBRD). According to the bank report, a €7 million working capital loan will […]

The announcement of the resignation of the Governor of the National Bank of Ukraine, Yakiv Smolii, against the backdrop of alleged political pressure sends a worrying signal, said Peter Stano, the Spokesperson of the European […]

The undermining of the National Bank of Ukraine's independence could be a huge step backward and lay down the credibility of reforms in Ukraine, putting their support at stake. The "Big Seven" ambassadors' message, published […]

In the seventh year of the war in Ukraine, about one and a half million internally displaced persons (IDPs) left the occupied territories. Last year only, 1,376,517 people were officially registered as IDPs. There is […]

The President of Ukraine Volodymyr Zelensky submitted to the Verkhovna Rada a bill "on state support of investment projects with significant investments." This was announced by Deputy Head of the Presidential Office Yulia Kovaliv. The […]

During a meeting with the faithful, Pope Francis wished that the people affected by the floods in western Ukraine would feel "the Lord's consolation and fraternal help," according to the Holy See's information system Vatican […]

The World Bank will provide $ 350 million to Ukraine for the economic reforms and the state budget support. The funds are allocated under the first loan for development policy in the field of economic […]

There has been a real revolution in the fashion world lately. According to experts, it will last for several more years, after which the market will change dramatically and will never be the same as […]

The severe flood that occurred this week in the western regions of Ukraine gave impetus to serious reflection by both government officials and experts, and civil society. All Ukrainians were particularly struck by the scale […]

The first-ever concession project in Ukraine, structured in line with best international practice, was signed today. The consortium of RISOIL, Ukraine’s leading stevedoring and agro-industrial company, and the Georgian Industrial Group, the largest industrial holding in Georgia, was awarded a 30-year concession for the seaport of Kherson following […]

The gas market is planned to be opened for the population on July 1. This step towards the gas market liberalization is the next stage in the Third Energy Package (a set of European Union […]

As the crisis result through the coronavirus pandemic, the world's tourism and hospitality industry expect more than a billion tourists to cancel their planned trips this year. This will cause an 80% decline in industry […]

[embed]https://www.youtube.com/watch?v=4c-STh5zrvE&t=108s[/embed] Some of the often discussed benefits of digital payments are decreased time of the transaction, cost reduction on operating expenses, money processing, and money circulation maintenance, protection against robbery and counterfeiting, and increased transparency […]

3D printers for artificial lung ventilation, a device that converts ordinary water into a disinfectant, corn and reed box-like workpiece for a sanitizer ... Ukrainians are fighting against the pandemic together with the whole world. […]

Ukraine has launched the Program for Accelerating Private Investment in Agriculture. The loan agreement within the relevant project was concluded on August 27, 2019, with the International Bank for Reconstruction and Development. In the amount […]

On 10 June 2020 the Cabinet of Ministers of Ukraine approved the Memorandum on fixing problematic issues in the renewable energy sector of Ukraine (the "Memorandum"). The Memorandum was developed within the mediation procedure between […]

The International Monetary Fund has published a memorandum which defined the terms of cooperation with Ukraine under the approved Stand-by program. The document, in particular, contains the basic conditions and steps for Kyiv to receive […]