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

Investing in Ukraine’s Future: Removing Barriers to Open Opportunities

Improvement of the investment climate is of the utmost importance both for Ukraine and for all the companies which have chosen this country as one of their investment destinations.

Mission Unaccomplished

Many circumstances have contributed to transnational corporations failing to become the driving forces of Ukraine’s economy. How could this change?

Investment Ultimatum

EBRD`s André Küüsvek on why foreign investors are fleeing Ukraine and what could make them stay

Import Duty as Geopolitics

Raising car import tax is reminiscent of the implementation of luxury tax and may signal that the government is making a choice in favour of the Customs Union with Russia

The Third Gas Revolution

After the first two gas revolutions – natural gas in the 20th century and unconventional fuels in the early 21st century – the world seems to be on the eve of a methane hydrate era

Unconventional Prospects

Shell’s Vice President on Ukraine Graham Tiley talks to The Ukrainian Week about Shell’s Ukrainian partners and inflated fears of the damage shale gas production could do to the environment

Pills for the Greedy

Pretending to care for consumers, officials have pushed through a potentially corrupt scheme that will help them monopolize the pharmaceutical market

Ukraine's Monetary Security

In December 2012, The Ukrainian Week initiated a series of panel discussions focusing on priority socio-political and economic issues with opposition MPs and independent experts. At the first discussion on 19 December, representatives from Batkivshchyna and Svoboda talked of the extent to which the oligarch-controlled economy is obstructing the creation of a successful state project. At the latest discussion, politicians and independent analysts tried to answer The Ukrainian Week’s questions concerning Ukraine’s monetary security and forecasts for 2013

Aspirations to Control the Gas Market

The main groups of influence within the conglomerate in power are trying to use the gas confrontation with Russia to achieve their own ends

Special Offer 2013

Society and business that is not connected to the government will be forced to tighten their belts

Bank Reserves Diminishing

Economic crisis coupled with an ill-advised monetary and credit policy have created an explosive mixture that may lead to the collapse of Ukraine’s banking system

High Risk Zone

The investment climate in Ukraine in 2013 will not intimidate Russia alone

Between a Rock and a Hard Place

Business not owned by oligarchs will find itself in a much more difficult position in 2013, under the influence of the growing appetites of the government and the sluggish economy.

Deficit Looming Large

The Ukrainian government is likely to take radical steps to close the budget gap