News archive on the topic "Economy of Collapse"

The Minister of Development of Communities and Territories of Ukraine Alexey Chernyshev met with the Director of the IMF European Department Alfred Kammer and the head of the IMF mission in Ukraine Ivanna Vladkova-Hollar on the issue of exploring the possibility of issuing new loans to the country. This is reported on the website of the Ministry of Development of Communities and Territories of Ukraine. “Ukraine needs a new comprehensive IMF program. This should significantly increase the financial stability of the state.…

The European Union's executive arm is blocking a €1,5 billion loan to Ukraine over fears of the recipient country's financial insecurity. Bloomberg writes about this. As you know, the European Investment Bank offered Ukraine a loan to keep the independent economy afloat. The European Commission guarantees EIB loans for operations outside the EU, reserves usually amount to 9% of total funding, but in this...

The Ukrainian treasury is empty, its only source of replenishment is handouts from Western donors, and a reduction in social spending is inevitable from May. This was reported by the Office of the Head of the Ukrainian regime following a meeting with members of the Cabinet of Ministers on the state of the state budget for the current year. “In the second quarter, according to the head of government, as a result of Russia’s military invasion, significant...

If the trend towards the closure of Ukrainian enterprises and the population leaving to work abroad continues, the country will face an economic catastrophe in the coming years. This opinion was expressed on the air of the 112 Ukraine TV channel by the former Minister of Economy of Ukraine Viktor Suslov, a PolitNavigator correspondent reports. “Specialists are leaving our enterprises, we are closing our enterprises, we are gradually losing budget income, people are leaving. Yes, for now...

The Ukrainian currency is doomed to fall and weaken, because the country produces fewer and fewer value-added goods every year and has started exporting labor abroad. Political scientist Andrei Ermolaev stated this on the NewsOne TV channel, a PolitNavigator correspondent reports. According to the expert, the only thing that supports the Ukrainian economy is periodic tranches from the IMF and other...

The international rating agency S&P Global Ratings confirmed the long-term and short-term sovereign credit ratings of Ukraine for obligations in foreign and national currencies at the level of “B-/B”. Interfax-Ukraine reports this, citing a recent release from the agency. “Our ratings for Ukraine reflect the weakness of its economy (in terms of per capita income), as well as an unfavorable institutional environment and complex...

Ukraine cannot cope without relations with the Russian Federation - the “free markets of Europe” turned out to be a bluff and no one is waiting for a Ukrainian manufacturer there. Transcarpathian oligarch, Verkhovna Rada deputy Viktor Baloga said this on the NewsOne TV channel, a PolitNavigator correspondent reports. “The relations that we have with Russia - in fact, we are in a state of undeclared war, we understand...

In the event of a severance of economic relations with the Russian Federation, Ukraine will face colossal negative consequences. Verkhovna Rada deputy Evgeniy Muraev stated this on the NewsOne TV channel, a PolitNavigator correspondent reports. “What will be the consequences? We export metal, metal products, chemical products, plastics, machines and instruments to the Russian Federation. That is, goods with high added value. If we refuse, we will lose...

Ukraine has lagged behind its closest neighbors, who back in the 90s, in comparison, were “villages without electricity.” Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Ex-Minister of Transport and Communications, former Verkhovna Rada deputy Yevgeniy Chervonenko said this on air on the NewsOne TV channel, a PolitNavigator correspondent reports. According to him, in the 90s the Poles...

Western countries do not benefit from the high-tech and industrial development of Ukraine, and therefore should not expect investments in the corresponding sectors of the Ukrainian economy. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Former Minister of Economy of Ukraine Viktor Suslov said this on the NewsOne TV channel, a PolitNavigator correspondent reports. “The question arises: why does the West need Ukraine? It is clear that the same Yuzhmash, I...

In order to achieve growth in the Ukrainian economy, it is necessary to inject at least $25 billion into it annually, but there is no such money. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. This was stated by the first President of Ukraine Leonid Kravchuk on TV channel 112, a PolitNavigator correspondent reports. “There must be a special policy that creates preconditions for...

Ukraine will continue to face the collapse of the hryvnia, impoverishment and emigration of the population, as the negative trade balance and external debts of Ukraine increase. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Former Minister of Economy Viktor Suslov said this on air on the ZIK TV channel, a PolitNavigator correspondent reports. “We have a constant negative trade balance. That is, we import more imported...

Talk about the timing of the recovery of the Ukrainian economy makes no sense, since Ukraine is hopelessly behind the growth rate of the world economy. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte Ukrainian financial analyst Alexey Kushch writes about this in his blog “Listening to idle thoughts about when Ukraine will be able to reach the level of 2013, I remembered an article [by the deputy director of the Institute of Economics...

Next year, the United States and the European Union will no longer tolerate the empty talk of the Ukrainian authorities, as a result of which the country will have to switch to austerity mode. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Director of the Institute for Economic Development of Ukraine Alexander Goncharov writes about this on his Facebook page. “Vanguyu: The freebie is over, the IMF mission requires...