The lockdown measures have hurt both the Polish and the Ukrainian economy, but the strength of the impact is not the same. The long-term effects in the two countries will also be different. Unemployment may turn out to be the...
In July 2020, the former governor of the Ukrainian central bank NBU Jakiv Smoliy resigned from his position. The new head of the central bank, Kyrylo Shevchenko, has announced the continuation of the monetary policy pursued by...
The recent political events forced the German Chancellor Angela Merkel to face increased political pressure within Germany and within her own Christian Democratic Union (CDU) ruling party — to end her support for the Nord...
In spite of the pandemic, the commercial banks operating in Ukraine have achieved sound profits. However, according to the Ukrainian central bank NBU, this may soon change because the conditions for the functioning of the...
In May, the Ukrainian government preliminarily approved the text of a memorandum on the prospects for importing liquefied natural gas (LNG) from the US. The agreement envisages supplies of 5.5 billion cubic meters (bcm) of...
Ukrainian small and medium-sized entrepreneurs (SME) are complaining that government does not see them as the foundation of a healthy economy and favors big business. The lockdown have hurt SMEs the most, which could negatively...
A sandstorm in Kiev, deserts in locations which have been covered with lush grass — this is the harsh reality in Ukraine, which has been affected by the biggest drought in 120 years. Experts are pointing out that Ukraine’s...
The Ukrainian central bank (NBU) announced that its reserves had reached a record level. In February, it forecast that they could rise up to the USD32bn by the end of 2022. But the pandemic raises a question whether the NBU will...
There are many reasons why Central and Southeast Europe (CSE) is not attractive to foreign investors, most notably high levels of corruption, legal restrictions that prevent or restrict Venture Capital (VC) investment, unsettled...
The US is considering imposing new sanctions on the Nord Stream 2 natural gas pipeline from Russia to Germany. The expanded sanctions would impact all pipeline laying activities and companies that provide insurance, port...