Ukraine: 2016 the year of economic recovery

Ukrainian Prime Minister Volodymyr Groysman stated that 2016 was the year of economic recovery, and industry, construction sector, and agriculture showed the best growth rates. “I would like to emphasize that 2016 marked the resumption of growth of Ukrainian economy. We observed progress in all the economy sectors,” Groysman said. He noted that industry, construction…

Ukraine: air traffic up in January 2017

In January the volume of air operations carried out by Ukrainian airline companies increased by 57.5% in contrast to the same period last year and came to 676.5 thousand passengers. In particular, the volume of international air operations increased by 60.6%, totaling 608.2 thousand passengers, the press service of the Ukrainian State Aviation Administration reports…

Ukraine: NBU divides banks into three groups

The National Bank of Ukraine (NBU) in 2017 divided banks into three groups – state-run banks, banks of foreign bank groups and banks with private capital, the NBU has reported on its website. According to NBU Board decision No. 76-sh dated February 10, the state-run banks group includes banks where the state directly or indirectly…