Logo

New Finance Minister

15 June 2018

Ukraine-watchers were head scratching again last week trying to find a balanced way to report on news that there had been a change of Finance Minister. Gone is Mr Danilyuk and in his stead – Oksana Markarova.
While some of the hot takes decided this must be bad news, as Danilyuk is generally respected by Ukraine’s international partners, this is perhaps a little dismissive of Ms. Markarova before she’s even got her feet under the table. According to the gossip, Markorova is a reformist and is keen to continue the policy of working together with groups like the IMF and World Bank. She is also talking about accelerating reform of the tax and customs administrations.
Now that’s not a bad replacement should the busy baba network turn out to have the right info. Of course we’ll be watching.

Share on FacebookTweet about this on TwitterShare on LinkedInShare on TumblrEmail this to someone


Read More

Ukraine recently sold 270 million USD worth of short-term bonds, adding much-needed liquidity to the nation’s coffers. The big deal here is that these short-term bonds were placed at a price of just 5.52% annualised return for the three-month bonds, and 5.89% for the six-month version. If we go back just a few years, international […]

In the days between writing this news and it being published, there exists a very real possibility that Oleg Sentsov will die. At the time of writing, Sensov has been on a hunger strike in a Russian jail for 90 days. In public statements, relatives of Sentsov have said his time is nearly at an […]

An impressive feat was accomplished in the skies above Kharkiv, eastern Ukraine, recently. A group of women from 19 different countries descended on the country (see what we did there?) to pull off a world record attempt, and they succeeded! In order to beat the previous world record for a female synchronised dive, which included […]

In recent years many Ukrainians have sought work overseas. There are many reasons why they have done so, but the biggest motivator is simply financial. Wages for fruit pickers or building site labourers are higher in Poland than they are in Ukraine and working conditions (which are protected by the EU) are no doubt also […]

X