(Business New Europe – bne.eu – Ben Aris in Moscow – January 21, 2015) “Ukraine 2015 investment case depends on peace, aid and unity,” says Chris Weafer, CEO of Macro Advisory, but of the three at the moment aid is probably the most important. Ukraine has only five weeks left of hard currency reserves in terms of import cover and […]
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(Bloomberg – bloomberg.com – Leonid Bershidsky – January 8, 2015) The case President Petro Poroshenko’s government has made for international financial support got a boost from the financier and philanthropist George Soros, who urged Europe to put together a $50 billion rescue package for Ukraine. Both Soros’s detailed plan and the government’s fundraising efforts face an uphill struggle: The government […]
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(Business New Europe – bne.eu – IntelliNews – January 9, 2015) The EU will provide €1.8bn in macroeconomic assistance to default-threatened Ukraine, the European Commission announced on February 8. But the move might not be enough to save Ukraine from a sovereign default. The loan comes one day after a call by veteran financier George Soros for the EU to find €50bn for […]
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(Business New Europe – bne.eu – bne IntelliNews – January 8, 2015) George Soros, the 84-year old financier and philanthropist, has called for the EU to pump $50bn into Ukraine, while predicting a Russian default. “Europe needs to wake up and recognise that it is under attack from Russia. Assisting Ukraine should also be considered as a defense expenditure by the EU […]
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[“In Ukraine’s Donetsk, the ‘death clutch’ of a forgotten war: Both Russian and Ukrainian economies in tatters, half a million people displaced” – CBC.ca – Don Murray – January 5, 2015] The CBC and free-lance reporter Don Murray examine the conflict in Ukraine, some of its underlying issues and its human costs: * * * Tens of thousands more Ukrainians are still trapped in […]
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(opendemocracy.net – Andrii Ianitskyi – January 5, 2015) Andrii Ianitskyi was born in Sevastopol in 1983 and since 2007 has been living in Kyiv, the Ukrainian capital. He graduated from the Sevastopol branch of Moscow State University in 2007 and became a qualified journalist before working as a journalist and editor in the business media, for companies including Ukrainian News, […]
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(Bloomberg – bloomberg.com – Agnes Lovasz, Daryna Krasnolutska – October 2, 2014) The bloody conflict in Ukraine’s east is severing the arteries that connect the nation’s economy. The effects are being felt hundreds of miles from the unrest in industries as different as electricity and food processing. Power plants at the other end of the country are being starved of […]
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