Section: Emerging Europe (UK)
Ukrainian Venture Investment Market Is Immature and Needs Growth
The Ukrainian market for venture investment and business innovation has been actively and systematically developing since 2005. That is earlier than in most European countries. Despite the fact that it has seen significant growth, however, it still has not formed a self-sufficient ecosystem. Why? Of course, the main reason is the economy. In the...
Ukraine’s Government Declares Ambitious Privatisation Targets
Ukraine’s privatisation potential is based on more than 350 objects dedicated for sale in 2017, including the most interesting “blue chips” including: the second biggest producer of ammonia and carbamide in Ukraine (PJSC “Odessa Port Plant”), a power generating company that produces eight per cent of the electricity and 18 per cent of the...
Not All Quiet on the Eastern Front
While Belarus will not have its Euromaidan any time soon, recent developments at home and abroad suggest that the country’s political course is not set in stone. In mid-March, Belarus’s President, Alexander Lukashenko, announced that he would suspend his decree introducing the so-called “parasite tax”; a fee charged on the unemployed....
The Dilemmas of Ukraine’s Economic Policy
The vast majority of emerging Europe countries started their transition process into market economies at the beginning of the 1990s. Ukraine became an independent state in August 1991, yet the country’s social and economic development still lags behind its Central European peers. Emerging Europe asked some leading economists how to speed up...
Governmental Support is Vital to Fight Corruption
The public property damage in corruption cases that have been investigated by the National Anti-Corruption Bureau of Ukraine (NABU) only amount to UAH 83 billion (around $3.7 billion), says Artem Sytnyk, the director of the NABU. He also spoke to Jerry Cameron about the origins of corruption, its size and the challenges the NAPU is facing in...
Between the East and West, Geographically and Politically
The story of Ukraine’s 2013-2014 anti-government protests, which started because the then-president Victor Yanukovych declined to sign an Association Agreement with the European Union, is definitely still remembered in Brussels. However, as time passes, the memories of these dramatic events are being increasingly replaced by criticism of...
The Stalled Conflict in Ukraine Will be Formalised
Geopolitical Futures (GPF) forecasts that the frozen conflict in Ukraine will be formalised in some way in 2017. The increased fighting in Ukraine, since 29 January, poses a potential challenge to this forecast and therefore warrants a closer look. At the end of January 2017, Ukrainian president, Petro Poroshenko, cut short his visit to Germany...
Ukraine Is Energy Independent in Some Sectors and Awaiting Change in Others
Ukraine, similar to Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Moldova, Montenegro, and Serbia, is a contracting party of the Energy Community, whose goal is to extend the EU internal energy market beyond the European Union, by attracting investment, creating an integrated energy market, securing supply and enhancing competition. Janez...
There Is a Move Towards Change in Ukraine
Within the last three years the Ukrainian government has introduced more reforms than all the governments of the previous 15 years, says Satu Kahkonen, country director for Belarus, Moldova, and Ukraine at the World Bank. She spoke to Andrew Wrobel about the business climate in Ukraine and the impact of the conflict in the east of the country....
The Voice of European Business Must Be Heard Loud and Clear by Brexit Negotiators
We are now potentially only weeks away from the triggering of Article 50. This all-important section of the Lisbon Treaty sets out the process by which a member country can leave the EU. No country has ever left the EU before and some experts are predicting a ten-year timeframe to negotiate a new trade deal: In this case, the UK Government has...
