Money of the Donbas

The unrest in Donetsk and Luhansk Oblasts has deep underlying causes. Unless removed, they make a prospering Donbas as part of Ukraine a mission impossible

Resuscitating Ukraine’s Moribund Economy

Ukraine is currently the bottom of an economic cycle, but some indicators suggest the first signs of growth. The government’s ambitious reform plan gives hope that the country will bounce back

The Revolution in Banking

With the new administration of Ukraine’s National Bank in place, Ukrainian banks appear to be waking up from lethargic sleep. Countless financial repressions imposed by the Viktor Yanukovych regime are gone, and the banking system is free to develop and grow

Tycoon Wars: Elusive Hope

Economic changes should be deep. Otherwise there will be no change

Business in Greece: Outrageous Fortune

Survivors of the crisis are those that move fast and think creatively

Business Buzz on the Association Agreement

The Ukrainian Week holds a mini-survey of business associations and executives on how the Association Agreement can affect their life in Ukraine

Great Opportunities, Great Flaws

A failed Association Agreement: German economy is striving towards investing in Ukraine, but faces many obstacles

Who Says Bankers Can Relax?

Having survived a harsh liquidity crunch last year, the Ukrainian banking system now seems fairly stable. This impression is misleading

Oleksandr Suhoniako: “We’ve passed the critical point and have reached the super-high instability zone”

President of the Association of Ukrainian Banks on why foreign banks are leaving Ukraine, local ones are in danger and the NBU is turning a blind eye to all this

The Gated Globe

Governments are putting up impediments to globalisation. It is time for a fresh wave of liberalisation

A Burden on the Economy

While tycoons pay most of their taxes offshore, the budget crisis is escalating along with increasing tax pressure on non-oligarch businesses

Unnerving Business

Ukrainian entrepreneurs take a break from business

Capital Outflow

Emerging economies have enjoyed a steady inflow of capital in recent years. It boosted their development and stock markets. This flow is now reversing, hitting many of them hard. Ukraine is one of the first to suffer

After Gas

Heavy dependence on exports of fuels has brought Russian economy to the verge of a deep recession

A Burden on the Economy

While tycoons pay most of their taxes offshore, the budget crisis is escalating along with increasing tax pressure on non-oligarch businesses

The Ukrainian Myth – the Breadbasket of the World

Accelerating grain production in Ukraine may feed politicians and oligarchs, but not the country’s jobless rural population or backward economy

A Road Map for Economic De-Sovietization

A profound reboot of Ukraine’s socio-economic system is the only way to transform it from an uncompetitive Soviet fragment to a modern dynamic economy

Questionable Improvement

Ukraine’s seemingly falling foreign trade deficit hides growing negative trends in the economy

Cure for Poverty

Polish reformer Leszek Balcerowicz on how Ukraine can embark on market reforms

Patchwork Solution

Cash needed to avert Ukraine’s public finance disaster will be pumped out of non-oligarch businesses

Systematic Recession

Why Ukraine’s economy and public finance are in a much worse state today compared to 2012

The Illusion of Big Business

High deposit rates with zero inflation, expensive loans and a production sector underfinanced by banks whose funds are channelled to support the cash-starved budget are all results of the government’s detrimental economic policies

Put in a Good Word for the Poor Oligarchs

Oligarchs continue to imitate business in Ukraine: they redistribute old Soviet industrial assets without creating any new ones and get windfall profits at taxpayers’ expense

Good News, Bad News, New News

Customs Union? Thanks, but no thanks. Free Trade Area with the EU? Yes, but not only.

Only For the Chosen

Instead of supporting the national economy, Ukraine’s banking sector is draining its resources to secure huge profits for the privileged few

The Tycoon Effect

Ukraine’s oligarch-controlled economy has no room for competition. As a result, a handful of oligarchs have monopolized the biggest markets, while a lack of investment leaves the country lagging behind