The Ukrainian authorities are constantly promoting their country’s “good investment climate” among foreign investors. However, Ukraine still is not a place where regular investors from the West could bring their resources to pursue business ventures in a safe and lawful way.
Russian Prosecutor General, Yuri Chaika, said that the Russian government lost USD692m as a result of corruption in 2018. According to Ministry of Internal Affairs in 2018, the average bribe was worth RUB451,000 (USD6,485).
The country finished in 38th place, Slovak Business Alliance (PAS) executive director Peter Kremský told the TASR newswire on June 28th. Despite a slight annual increase in Slovakia’s latest tally – by 0.12 points to 78.4 points – its overall position worsened by three places when compared...
Thanks to the far-reaching reduction of taxes, Romania has a chance to become a new regional power, able to attract foreign investors. However, the unresolved problem of corruption at a level unprecedented in the European Union could spoil even the most favorable economic solutions.
The EU cannot leave Ukraine alone and stop pushing for further reforms, because Kiev has already wasted a lot of time. There has been no breakthrough, says Gustav Gressel, an analyst at the European Council on Foreign Relations.
Ukraine is entering the winter season with virtually no coal stocks. Instead of becoming independent from supplies of strategic anthracite and the decisions of the Kremlin, the government decided to acquire the raw material from the occupied Donbas region.
An appraisal of the last quarter of a century is currently under way in Ukraine celebrating 25th anniversary of its independence. Unfortunately, it has squandered the major part of its potential, so one of the potentially richest countries in Europe still is in trouble.