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Prime Minister: Canadian business should be mainstreaming Ukraine as a market for new opportunities

Prime Minister: Canadian business should be mainstreaming Ukraine as a market for new opportunities

Ukraine is becoming a market of new opportunities and has every chance to join the list of the most dynamic economies in Europe, hence the Canadian business should be mainstreaming our state. This was stated by Prime Minister of Ukraine Volodymyr Groysman during the Ukrainian-Canadian Business Forum held in Toronto. “I discover Canada these days, ... 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
 
World Bank improves forecast for Ukraine’s economic growth in 2018

World Bank improves forecast for Ukraine’s economic growth in 2018

The World Bank has improved its forecast for the growth of Ukraine’s GDP in 2018 to 3.5% from 3%, while the forecast for 2019 has been revised upwards to 4% from 3%, according to previous the projections given in January 2017. “In Ukraine, government stabilization efforts, supported by international financial institutions and a bumper agricultural ... 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
 
Ukraine’s IT boom could speed up EU integration

Ukraine’s IT boom could speed up EU integration

Ukraine has a literacy rate of 99.7 percent, which is higher than most EU states June 2017 will mark the three-year anniversary of the association agreement between the European Union and Ukraine, and while the Eastern European state has taken major steps towards European integration, its progress has been slow. With the signing of the ... Read More
 
Ukrainian IT industry employs 100,000 people

Ukrainian IT industry employs 100,000 people

The Ukrainian IT industry now employs 99,940 people — up from 89,300 last year — according to the latest report of DOU.UA, an authoritative industry resource. The figure includes programmers, QA specialists, project managers and other IT-related professionals. Almost half of these professionals live in Kyiv (Kiev). Others are inhabitants of such other major Ukrainian cities as Kharkiv (Kharkov), Lviv (Lvov), ... Read More
 
2017 Should Be the Year Ukraine’s Economy Takes Off

2017 Should Be the Year Ukraine’s Economy Takes Off

Three years after the Revolution of Dignity, the Ukrainian economy has stabilized and is ready for growth. Will the growth be fast or slow? Dangers lie ahead, but opportunities prevail. Success is easily taken for granted, so it is worth recalling what Ukraine has accomplished in the past three years. An unsustainable budget deficit of ... Read More