The French flag carrier Air France will resume direct regular flights to Ukraine from July 13. The airline will operate flights on the Paris-Kyiv route, which will connect Paris Charles de Gaulle Airport and Boryspil International Airport. First, flights will be performed twice a week – on Tuesdays and Fridays. Starting from August 24, Air…
Ukraine’s budget deficit of 7.5% is not a problem, according to the Prime Minister Denys Shmyhal. He said this during a virtual roundtable meeting entitled “Ukraine Reforms: What Next?” organized by Chatham House. “This is a much smaller deficit than in many European countries, where the deficit can fluctuate at 10%. That is, 7.5% is…
New harvest onion prices in Ukraine have dropped by almost 60%. Today, one can buy quality onions from farmers in the country’s southern regions for UAH 2.5 ($0.09) per kilogram. The price of the vegetable in retail is a third higher. At the same time, the average wholesale prices of onions in Ukraine this season…
There was a net outflow of foreign direct investment (FDI) from Ukraine in the first quarter of this year of $1,451 million, reversing the trend of inflows of the last several years, according to data from State Statistics Agency. Ukraine has been attracting foreign investment but at disappointingly low levels. New FDI in 2019 was…
The Hungarian low cost airline Wizz Air has opened the second base in Ukraine at Lviv International Airport. According to the press service of the Infrastructure Ministry of Ukraine, in July the company will operate five new flights from western Ukraine, in particular, from Lviv to Billund (Denmark), Tallinn (Estonia), Lisbon (Portugal), Hamburg (Germany) and…
The Business Activity Outlook Index (BAOI) calculated by the National Bank of Ukraine (NBU) grew by 9.6 points in June, to 45.5 points. This is lower than the neutral index reading of about 50 and means that pessimistic expectations of business prevail, the regulator said on its website. “Ukrainian business is gradually recovering from the…
Motor Sich Airlines has announced it cancels flights between Zaporizhzhia and Minsk from July 17 till July 31 due to the difficult epidemiological situation. “Due to the continuing complicated epidemiological situation caused by the spread of acute respiratory disease COVID 19/SARS-CoV-2 coronavirus, Motor Sich Airlines changed the flights schedule. Flights between Zaporizhzhia and Minsk were…