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Ukraine outlook bolstered by renewed IMF cooperation, EBRD says

Ukraine outlook bolstered by renewed IMF cooperation, EBRD says

New agreement would help to address financing needs and maintain macroeconomic stability The Ukrainian economy has continued to pull out of sharp recession and the outlook has been bolstered by the prospect of renewed cooperation with the International Monetary Fund (IMF), the European Bank for Reconstruction and Development (EBRD) said. In its latest Regional Economic ... Read More
 
IMF calls for changes to anti-corruption court law, 2 other steps to restart lending in Ukraine

IMF calls for changes to anti-corruption court law, 2 other steps to restart lending in Ukraine

The International Monetary Fund called on Ukraine’s parliament to “quickly approve” a supplementary law submitted by President Petro Poroshenko to establish a High Anti-Corruption Court that will “adjudicate all cases under its jurisdiction, including all appeals of relevant first instance court decisions.” The requirement that the High Anti-Corruption Court hears appeals of lower court decisions ... Read More
 
How 2018 Currency Champ Is Dodging the Emerging-Market Rout (Bloomberg)

How 2018 Currency Champ Is Dodging the Emerging-Market Rout (Bloomberg)

 On the surface, Ukraine doesn’t look much like a country with a world-beating currency. An international bailout has been frozen for more than a year, its finance minister was fired last week and a Kremlin-backed war continues to simmer in its eastern climes. But almost halfway through 2018, the hryvnia is the No. 1 performer ... Read More
 
Experts look for economic positives, worried over losing IMF support

Experts look for economic positives, worried over losing IMF support

By Natalia Datskevych. Published April 24. Updated April 24 at 3:39 pm An employee works on the field on April 13 in Kyiv Oblast. Agriculture has been one of the most successful sectors in Ukraine in attracting investment.Photo by Oleg Petrasiuk Although Ukraine’s economy is still struggling, leading experts predict economic growth in 2018. All ... Read More
 
IMF technical mission begins its work in Ukraine

IMF technical mission begins its work in Ukraine

Volodymyr Groysman, the Prime Minister of Ukraine met Ron van Rooden, the Head of the IMF mission on February 12 as the press service of the Ukrainian government reported. ‘The technical mission of the International Monetary Fund began its work in Ukraine. The aim of the mission is the discussion of the practical issues connected ... Read More
 
Ukraine Is Back

Ukraine Is Back

For the first time in five years, Ukraine sold its bonds on the international market. On September 18, the Ukrainian government sold $3 billion of fifteen-year Eurobonds with a 7.375 percent annual yield. The bond issue was oversubscribed by more than three times. Initial statements mentioned a planned sale of $2.5 billion, so the Ukrainian ... Read More
 
Bitfury Signs Blockchain Partnership with Ukrainian Government

Bitfury Signs Blockchain Partnership with Ukrainian Government

Thursday, April 13, Bitfury Group has announced its partnership with the government of Ukraine, to bring a range of Blockchain solutions to the electronic services of the latter. In an interview with Reuters, Valery Vavilov, CEO of Bitfury, has pointed out that the newly announced initiative is a sign of growing interest in the Blockchain ... Read More
 
Ukraine Is Silently Leading A Digital Currency Revolution

Ukraine Is Silently Leading A Digital Currency Revolution

There’s a witticism sometimes used among Ukrainians: “may you be forced to survive only on your official salary.” The quip is both a tongue-in-cheek nod to the endemic corruption that is a daily, often necessary, reality of life in Ukraine and also emblematic of a certain self-effacing, survivalist mentality constituent to the national character. In ... Read More