Week’s balance: Easing from Cabinet, warnings from National Bank and new portion of promises from EU
The Ukrainian Government canceled 367 regulations, the National Bank has softened a number of foreign exchange restrictions, while the European Union put forward conditions for Ukraine to receive a EUR 600 million assistance package , at the same time failing to resolve the main political issue of the past years - the introduction of a visa-free regime. These are the main economic news of the outgoing week.
Week’s balance: economic growth, skyrocketing utility bills, and productive Rada
The Ukrainian economy continues to grow, the Verkhovna Rada gave a start to a road reform, PM Groysman vowed to investigate inflated bills for central heating - these are the main economic news of this week.
Head of U.S.-Ukraine Business Council: "There is going to be a big battle in Washington but I think that the new U.S. Administration will be inclined to further provide support for Ukraine"
President of the U.S.-Ukraine Business Council (USUBC) Morgan Williams, a lifetime GOP supporter, explains what Donald Trump’s victory means for Ukraine, what changes are to come in bilateral relations between Kyiv and Washington, and why Putin is the evil force the world has to deal with.
Who will pay for mishap of Mykhaylivsky bank depositors
Amid Kyiv protests of defrauded investors of Mykhailivsky bank, President Poroshenko tabled in Parliament a unique bill. It was passed by the Rada and signed by the head of state in a matter of days. Experts have criticized the initiative, noting that it will cause more trouble to the Ukrainian economy than bring any good.
Ukrainian "Bolt" out of the blue
Ukraine has been successfully implementing its Missile Shield project, getting closer to possessing its own modern hi-end strategic missiles. UNIAN took a sneak peek into Ukraine’s latest developments in this area.