On the Road to Total Divorce

If current trends in bilateral trade are maintained, by 2016 Ukraine will be ready to survive even a full-scale Russian trade blockade

Budget Code Amendments: In-Depth Reform or a Mere Facelift?

The benefits and concerns of the budget reform

The Shattered Showcase of the Russian World

Crimea’s real economy will shrink further if the Russian occupation continues. Those employed in it will lose income and jobs

Fueling Energy Independence

Russia’s energy war and devaluation of hryvnia will force Ukrainians to use gas and electricity differently

A Plea for Change

Transition from oligarch economy to EU membership for Ukraine

Golden Protection

For the key EU and NATO members to become truly interested in Ukraine, it must act to greatly increase their economic presence inside the country

Seeking Their Place in the Sun

Ukraine has strongly diversified its exports in terms of goods and destinations over the years of independence. But local companies must do more to promote their products in new promising markets

Alan Riley: Ukraine has enough potential to turn itself into the center of gas trading for Central Eastern Europe and Baltic States

The Ukrainian Week speaks to Alan Riley, Professor of Law at the City Law School, City University of London, about Ukraine’s energy potential, its weak spots and the prospects of the South Stream

An Economy under Fire

How the war in Eastern Ukraine is affecting national economy

Gas or No Gas?

Complicated negotiations may result in complete Russian gas cut-off for Ukraine, but they show how vulnerable the Kremlin actually is

Breaking Away From Eurasia

Previous trade rows with Russia have pushed Ukraine to reorient its key exports to the EU and other markets. This should save it from the disastrous effect of a looming trade war from Russia

Feigned Triumph or Concealed Capitulation

Russian leaders are certain their country will easily weather Western sanctions. Business disagrees

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