Ukraine: further economic success depending on machine-building industry

Ukrainian government considers machine-building one of the most important integrated industries on which Ukraine’s further economic success depends, Prime Minister Volodymyr Groysman said in his greeting address on the occasion of Machine Engineers Day, the government press service reports. “Ukraine’s considerably experienced machine engineers develop and design complex systems and devices: home appliances and radio…

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Ukraine: shadow economy down in Q1 2017

Shadow economy in Ukraine fell by 6% YoY in the first quarter of 2017, to 37% of GDP, according to the analytical report published on the Ukrainian Economic Development and Trade Ministry’s website. The ministry noted that the de-shadowing stemmed directly from ensuring macroeconomic stabilization and economic growth, wage growth against the backdrop of reducing…

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