Section: Emerging Europe (UK)
Ukraine to Make New Privatisation Push
Ukraine’s Deputy Minister of Economic Development and Trade Maksym Nefyodov has warned potential investors in a number of state-owned enterprises that few are ‘gold mines’ and that potential investors should be prepared to for a long haul. Talking to the UNIAN news agency, Mr Nefyodov said that of 900 enterprises slated for sale in...
Czechs Hold Emerging Europe’s Most Powerful Passport
The Czech passport is the most powerful of those issued by the 23 countries of emerging Europe. According to the most recent Passport Index, it is ranked eighth globally and allows its holders to travel visa-free to 152 countries around the world. The Hungarian passport is the second most powerful in the region, the only difference to the Czech...
Ukraine’s Finance Ministry Wants Urgent Tax Reform
Ukraine has a 13 billion US dollar shortage in tax revenues, the country’s Ministry of Finance says. In 2016 the country collected 26.5 billion US dollars in taxes, much less than it should have done. According to the ministry, fiscal reform is needed to make the current system more transparent, corruption-free and more efficient. For...
GSA Names Ukraine as UK’s Offshoring Destination of the Year
Ukraine is the UK’s offshoring destination of the year according to the Global Sourcing Association (GSA) UK. The GSA looked at the outsourcing market from the perspective of the United Kingdom, the world’s second-largest outsourcing market. “This is a significant achievement for Ukraine, as the Award has been judged by their industry...
Ukraine Returns to the Fold
Oleksandr Danylyuk, Ukraine’s minister of finance, Francis Malige, managing director, Eastern Europe and the Caucasus, EBRD, and Ivan Mikloš, chief economic advisor to the prime minister of Ukraine and chairman of the Strategic Advisory Group for Support of Ukrainian Reforms, tell Emerging Europe what progress Ukraine’s economy has...
Georgia Still on the World Bank’s Mind
As the World Bank racks up 25 years in Georgia, Mercy Tembon, the bank’s regional director for the South Caucasus, Europe and Central Asia tells Andrew Wrobel that her organisation is as committed to the country’s future as ever. Let’s start with the anniversary. What has the World Bank been doing here for the last quarter of a...
Is the CEE Region About to Steal the Outsourcing Crown From India?
Earlier this month I had the pleasure of chairing a panel of thought leaders and industry experts at the European Bank for Reconstruction and Development (EBRD) in London. The subject matter was centred on the ICT industry in the Ukraine specifically, and the broader Central and Eastern European (CEE) region in general. The consensus of the panel...
Poles Still Keen on German Jobs
Germany remains the primary destination for Poles looking to work abroad. According to Poland’s Centre for Public Opinion Research (CBOS), in 2016, 41 per cent of Poles working abroad chose the country’s Western neighbour, although there have been years when as many as 48 per cent of Poles abroad worked in Germany. There are two...
Belarusian Journalists Still Face Huge Problems
Belarus came in a lowly 153rd place (of 180) in Reporters Without Borders 2017 World Press Freedom Index. Other media freedom watchdogs and international organisations have reached similar conclusions: Belarus is ranked amongst the ten least free countries by Freedom House, although – credit where it’s due – it did move up from 194th last...
Doing Business Across Euasia Could Be Easier
Can a single economic space spanning from Lisbon to Vladivostok exist? Is a closer collaboration between the European Union (EU) and the Eurasian Economic Union (EEU) possible? The time will show but the idea has already been developed and has been included in the Berlin Memorandum. “This initiative is the result of practical needs of enterprises...
