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Tymoshenko’s arrest, bad for Ukraine

Ukraine, a vast emerging market economy on the European Union’s eastern border, has been hit in recent days with a double whammy. The nation’s small and relatively illiquid stock market plunged by more...

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Cash-strapped Kiev turns to China

Ukrainian President Viktor Yanukovych’s administration may be increasingly isolated from the west due to alleged persecutions of political rivals. And the nation may still be cut off from International...

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Ukraine: heading into recession on eve of parliamentary election

In the runup to Ukraine’s October 28 parliamentary election, polls show that the majority of Ukrainians want change, a break from the autocratic rule of President Viktor Yanukovich. They aren’t alone....

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Ukraine’s balancing act

It’s too early to call the result of Ukraine’s parliamentary election on Sunday but if exit polls are any guide the country is set for a delicate balancing act between government and opposition in...

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Ukraine: Yanukovich clings to power as economic storm clouds gather

Ukrainian president Viktor Yanukovich (pictured) and his ruling Party of Regions may be jubilant after Sunday’s election. Preliminary results show they are likely to retain control over parliament,...

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Ukraine: reserves plunge in post-election gloom

There’s bad economic news on Wednesday from Ukraine, where political tensions are high with opposition politicians accusing President Viktor Yanukovich’s ruling Party of Regions of falsifying last...

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Guest post: after the elections, Ukraine is losing room for manoeuver

Kiev: Communist rally By Andrew Wilson of ECFR The Ukrainian parliamentary elections are still not over – the Central Election Commission has sanctioned a rerun in five contested constituencies, and...

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Ukraine cuts dependence on Gazprom

Ignoring predictions of waning European gas demand, Russia’s Gazprom is pressing ahead with plans to build costly new pipelines to bypass Ukraine. Moscow wants to squeeze Kiev by funnelling EU-bound...

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Kiev: goodbye Azarov, hello eurobond?

It’s not common for news about a government’s resignation to be seen as positive, let alone an opportune moment for a country to tap the Eurobond market. But Ukraine is not your average country. With a...

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Ukraine: “Shame, shame”

So, after two days of brawling in parliament, Mykola Azarov has been re-instated as prime minister of Ukraine among vociferous and physical protests from a newly-emboldened opposition. There were...

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Play it again, Viktor: Ukraine votes (twice) to appoint central bank governor

We can't vote like this President Viktor Yanukovich’s majority in parliament on Friday voted in a loyalist to head the country’s central bank in what is expected to be a fiscally challenging year, but...

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Pinchuk: giving away fortune can help to build a fair Ukraine

How hard is it for a multi-billionaire to donate half of his fortune to charity? Most of us will never know. But if more rich people took this step, the world could become a “fairer” place, according...

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Yanukovich on tv: guessing games

Sometimes, you shouldn’t read too much into what a politician says on television with voters watching closely. A televised question-answer session with citizens held on Friday by Ukrainian President...

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Ukraine’s backward-looking car tax

In slapping fresh import duties on car imports, Kiev may achieve its short-term goal of partially reducing Ukraine’s trade deficit while simultaneously providing a boost to slumping domestic car...

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Ukraine: less cash, more cards and bank transfers, please

Many Ukrainians may be in for a rude shock when they return from this year’s summer holidays – thanks to a new central bank rule revealed this week. As of September 1, all cash transactions will be...

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Guest post: Kiev must get off the fence

By Jacek Saryusz-Wolski MEP Ukraine must get off the fence when it comes to its relations with Russia and the European Union. Hopes that an EU-Ukraine association agreement, including a deep and...

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Ukraine: will new tax law hit the oligarchs?

There's an oligarch in there somewhere With economic challenges piling up fast, you would think Ukraine’s government would move fast to clean up things at home. Cracking down on tax evasion in a...

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Ukraine: burying gas – and investors?

Ukraine appears to be shooting itself in the foot again. The stated goal of Viktor Yanukovich, president since 2010, has been to diversify away from increasingly expensive Russian gas imports, partly...

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Putin piles pressure on Ukraine

Russian President Vladimir Putin may have physically left Ukraine on Sunday, after wrapping up a two-day visit during which he pressured Kiev to choose Moscow over the EU as a closer economic partner....

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Ukraine: funny business in Yanukovich’s backyard

It’s not often that a multimillionaire moves into a president’s backyard. But something along those lines is happening in Ukraine. On Tuesday, Serhiy Klyuyev, a multimillionaire pro-presidential...

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