Ukraine: first official flight from Mykolaiv to Kyiv rescheduled due to low demandUkraine: first official flight from Mykolaiv to Kyiv rescheduled due to low demand

The first official fight from the city of Mykolaiv in the south of Ukraine to the capital city of Kyiv, which was scheduled for December 22, was postponed due to low demand. “The first flight was rescheduled for December 26 over the low percentage of sold tickets. There was not enough time for people to…



Ukraine: flour exports down in 2018

The Ministry of Agrarian Policy and Food of Ukraine reports that Ukraine has exported 112 thousand tons of flour by December 19, down by 101.7 thousand tons YoY. Since the start of MY2018-2019, wheat flour shipments have amounted to 111.5 thousand tons, whereas other types of flour – 0.6 thousand tons. In MY2017-2018, flour exports…

Ukraine: shadow economy down in H1 2018

The share of Ukraine’s shadow economy totaled 32% of GDP in the first half of 2018, down by 3% YoY, the press service of the Economic Development Ministry reports. According to the ministry, the shadow economy in Ukraine declined due to maintaining macroeconomic stability, creating favorable conditions for doing business in Ukraine and preserving the…

Ukraine: NBU decides to liquidate VTB Bank

The National Bank of Ukraine on December 18 made a decision to terminate the banking license of Kyiv’s VTB Bank, a subsidiary of the eponymous Russian lender, the press service of the Individuals’ Deposit Guarantee Fund reported. “The Deposit Guarantee Fund made the corresponding decision based on the National Bank decision on December 18 on…