Ukraine: Ryanair to open representative office

Irish low-cost airline Ryanair launches routes from Kyiv and Lviv in October. If its activity is successful, the airline will open a representative office in Ukraine. According to a source close to the negotiation process, Ryanair will launch European routes from Kyiv and Lviv in October. As noted, the new agreement “gives the carrier the…

Kazakhstan: Kazkommertsbank and Halyk Bank merger to be completed in H2 2018

S&P Global Ratings kept their “B+” long-term global scale issuer credit rating and “kzBBB-” long-term Kazakhstan national scale rating on Kazkommertsbank (KKB) on CreditWatch with positive implications, where it was placed on December 22, 2017, the press office of the international rating agency reported. At the same time, the rating agency affirmed the “B” short-term…

Ukraine: economy up in 2017

Prime Minister of Ukraine Volodymyr Groysman stated that the Ukrainian economy grew by 2.5% in 2017. “Ukraine’s economy grew by 2.5% in 2017. When I became the prime minister, the main task of our government was to stop the decline. We did it and the Ukrainian economy began to grow. I understand that such indicators…