Economy

17 December 2020

16 December 2020

MPs ratify protocol on avoidance of double taxation between Ukraine and Austria

MPs ratify protocol on avoidance of double taxation between Ukraine and Austria

The Verkhovna Rada, Ukraine's parliament, has ratified the Protocol on Amendments to the Convention between the Government of Ukraine and the Government of Austria on Avoidance of Double Taxation and Prevention of Tax Evasion with respect to Taxes on Income and Capital Gains, the Ukrainian Finance Ministry's press service has reported.

15 December 2020

Ukraine, Qatar double bilateral trade to almost $100M - Petrashko

Ukraine, Qatar double bilateral trade to almost $100M - Petrashko

Trade and economic relations between Ukraine and Qatar since the beginning of 2020 have shown positive dynamics and reached the highest volume in the history of diplomatic relations between the two countries, with trade doubling to $99.15 million in the first nine months of the year, the press service of the Ministry for Economic Development, Trade and Agriculture of Ukraine has reported.

NBU declares Misto Bank insolvent

NBU declares Misto Bank insolvent

The Board of the National Bank of Ukraine (NBU) has decided to classify JSC Misto Bank as insolvent due to the reduction of capital ratios by 50% and more of the minimum established level, the central bank’s press service reports.

UkSATSE received new EASA certificate

UkSATSE received new EASA certificate

The Ukrainian State Air Traffic Services Enterprise (UkSATSE) has received a new certificate from the European Aviation Safety Agency (EASA), according to the enterprise’s press service.

14 December 2020

Ukraine's state banks write off UAH 111B worth of NPLs - NBU

Ukraine's state banks write off UAH 111B worth of NPLs - NBU

Ukraine's state-owned banks wrote off UAH 111 billion worth of bad debts in January-November 2020, which allowed them to reduce the share of NPLs in their portfolios below 60% for the first time in a long time, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has written on his Facebook page.

12 December 2020

11 December 2020

10 December 2020

NBU keeps discount rate at 6%

NBU keeps discount rate at 6%

The National Bank of Ukraine (NBU) has decided not to change the discount rate and leave it at the level of 6%, NBU Governor Kyrylo Shevchenko says.

Government hopes to attract UAH 12B from privatization in 2021 - Shmyhal

Government hopes to attract UAH 12B from privatization in 2021 - Shmyhal

Ukraine did not conduct large-scale privatization this year due to the pandemic, the economic crisis and the government's fears that prices for privatization facilities will fall, but UAH 12 billion is to be raised from privatization next year, Prime Minister Denys Shmyhal has said in an interview with the Ukrayinska Pravda online news site.

09 December 2020

08 December 2020

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