By James Brooke

By James Brooke

🔵 Russia’s naval deployments in the Black and Azov Seas threaten to “block important trade routes in international waters,” Ukraine’s Defense Minister Andriy Taran warned the European Parliament’s subcommittee on Security and Defense on Wednesday. The bulk of Ukraine’s $103 billion in foreign trade last year moved by ship. Taran has predicted: “The total number of Russian […]

Ukraine gets a lucky break

Ukraine gets a lucky break

Ukraine’s position is improving noticeably even if it is being threatened by Russian troop movements and I’m beginning to get more optimistic as it has had a run of luck. Ukrainian president Volodymyr Zelenskiy was just in Qatar where he did a string of deals and big investment projects into ports, rail, construction and trade […]

IMF Raises GDP Growth

IMF Raises GDP Growth

🔵 The IMF has raised its Ukraine GDP growth to 4% this year, up from its forecast of 3% made six months ago. World GDP is to increase by 6% this year, “reflecting additional fiscal support in a few large economies and the anticipated vaccine-powered recovery in the second half of the year,” the IMF wrote in […]

IMF Windfall

By James Brooke 🔵 Ukraine may receive $2.7 billion from the IMF this summer under a plan by the International Monetary Fund Managing Director, Kristalina Georgieva, to allocate $650 billion from international reserves to restore the world economy after the coronavirus crisis. Unlike the conventional IMF programs this money would not have to be paid back. The […]

New Europe Security Deal – BNE Intellinews

New Europe Security Deal – BNE Intellinews

New European security deal   Talk of war is dominating the conversation in Eastern Europe the moment and tensions are high. Follow us on Twitter @bneintellinews or me personally @bneeditor for the latest. As we keep saying we don’t think it will come to blows but yesterday there were reports that Russia has moved up […]

Ukraine Business News – Investments in Ukraine

Ukraine Business News – Investments in Ukraine

Investments in Ukraine 1. Country’s anti-investment year An unprecedented lockdown for Ukraine and other countries, border closure, and a massive panic over COVID-19 pandemic, minimized already weak investment inflow to the country’s economy. By the end of 2020, capital investment in Ukraine shrunk by 38.2% hitting Kherson, Zakarpattya, Kyiv, Lviv and Mykolaiv oblasts the most, […]

BNE IntelliNews – Ukraine Poised for Take Off

BNE IntelliNews – Ukraine Poised for Take Off

BNE IntelliNews https://www.intellinews.com/ukraine-poised-for-take-off-206242/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Edpicks Ukraine poised for take off When Ukrainian President Volodymyr Zelenskiy took over in April 2019 there was a huge wave of optimism that the country would finally start on the “catch up” growth that had been put off for almost three decades. Pretty much every other country in the Commonwealth of Independent […]

Huge Amount of New Mortgages!

Huge Amount of New Mortgages!

   🤝 Kyivans concluded 135 mortgage agreements! (sorry for the click bait). NBU stated that in the regional context, Kyiv is the leader in the number of issued mortgages. These agreements’ total amount is 130.6 million UAH ($4.7mln, $34,800/mortgage) or 40% of the total amount throughout Ukraine. After Kyiv, more mortgage agreements were concluded in […]

Ukraine’s economy continues its strong post-Covid recovery

Ukraine’s economy continues its strong post-Covid recovery

🔵 Ukraine’s economy continues its strong post-Covid recovery. The NBU said in a major online press release that “the 2020 GDP fall (by 4.2%) turned out to be less pronounced than expected at the onset of the coronavirus crisis (by 6%). The adverse impact of the stricter quarantine restrictions imposed in January on the economy was only […]