Ukraine will vote the debt relief deal
Bulgaria’s Central Bank is producing noise
Stagnation in Hungary’s construction sector
Ukraine received debt relief.
Romanian Post not to be privatised (again).
An agricultural aid of HUF 2.9 bln for Hungary.
Czech, Slovaks and Lithuanians are leaders in buying new cars.
As a result of the Russian occupation of Crimea, Ukraine lost four cargo sea ports: in Sevastopol, Yevpatoria, Theodosia and Kerch. And it will soon lose the possibility to use ports on the Sea of Azov.
As public money flows into venture capital funds in Poland, the supply of available financing is larger than the pool of projects fit for investment. One solution to this problem would be to engage start-ups from east of the Polish border.
One day of war in Ukraine may cost even up to 14 million euro, says Ukrainian economist, Oleksandr Zholud. In an exclusive interview Zholud talks about Ukrainian economy in difficult times.
Ukraine could be firmly back on its legs within a few years with a reasonable support of the West, despite all its current problems. But this requires a change of the mindset of the ruling class – a challenge far greater than obtaining the funds.
The landing force of foreign specialists, known in Ukraine as “the Varangian team”, are appointed to successive positions in the state administration. Are Varangians the last hope of Ukraine or just a fig leaf used by the new government?
This Spot On Magazine issue top CEE writers look at how to measure the region's development and how to spur innovation.
Ukraine's Maidan revolution, the seizure of Crimea by Russia, war against Russian-backed separatists in the east of the country and a deep economic recession have sent a torrent of Ukrainians either seeking shelter elsewhere in Ukraine or escaping east to Russia or west to the EU in search of a better and safer life. The figures are devastating: over 850,000 internally displaced persons and many more who have fled abroad.
Reform is on the agenda in Kiev. After over twenty years deformed by corruption and incomplete reforms, the demand for “European standards” – an umbrella term for values such as greater transparency and rule-of-law – is stronger than ever. But with Ukraine facing a dramatic recession and a drawn-out conflict in the country’s east, many fear the government will again fail to seize the opportunity to take the painful steps needed to modernise.