Petro Izhyk

The aviation/space show “Aviasvit XXI” held at Hostomel attracted over 200 companies from 18 countries and demonstrated that Ukraine can effectively meet the world’s most complicated challenges. Not so long ago our AN-70 project partner said it was pulling out. However, it is absolutely clear...

Plans are afoot to submit the Ukrainian railways corporatization scheme to the Verkhovna Rada in October, said Vasyl Hladkykh, director general of the Ukrainian State Railroad Authority (Ukrzaliznytsia) at a Kyiv press conference. The sale of shares will leave the state with 100-percent-ownership...

Economists are trying to predict the first steps of the new Verkhovna Rada, the economic bills that will be considered top priorities, whether there will be any cardinal changes to tax laws, and whether the ill-starred reprivatization process will be revived. Meanwhile, all the signs indicate that...

Ukraine’s energy strategy until 2030, which was discussed last Thursday with the participation of President Yushchenko, caused quite a ripple. One of the first to assess it was the World Bank. According to Paul Bermingham, World Bank Director for Ukraine, Belarus, and Moldova, this is a...

We are living in a time when intentions can be discussed without any restrictions. The only question is to what extent they are realizable. The Ukrainian Society of Financial Analysts has examined the economic clauses of Ukrainian parties’ (blocs’) election programs and analyzed the likely...

International analysts, who have been studying the specifics of economic growth in the former Soviet republics, the countries of southeastern Europe, and the new EU members after the collapse of the socialist camp have reached the conclusion that economic growth in these countries was facilitated...

During his annual address to parliament, President Yushchenko unveiled plans to create a “Silicon Valley” in five Ukrainian oblasts. “There is already a draft order to support the initiative with the working title ‘Ukrainian Silicon Valley,’ which has been proposed by Ukrainian businessmen,” the...

Ukraine is reckoning that it will join the WTO by the end of this year. This new deadline was announced recently by Deputy Minister of Economics Valeriy Pyatnytsky. Commenting on what this country has already achieved on its way to the WTO, the expert noted the positive changes that have occurred...

The Ukrainian government has introduced licensing for the importation of beef, pork, horned cattle, and pigs in 2006. The Cabinet of Ministers of Ukraine passed a resolution to this effect on Dec. 30, 2005. Experts estimate the annual domestic need for imported meat at 350-400 thousand tons. Meat...

The World Bank has published preliminary estimates of the economic impact of the Ukrainian- Russian agreement on increased gas prices. Whereas previously bank experts predicted Ukraine’s GDP growth at 3.5-5.5 percent in 2006, now the range is down to 1.5- 3.5 percent, meaning growth will drop by 2...