On March 11, the government privatization agency State Property Fund (SPF) signed documents selling 92.8 percent of the fixed-line operator Ukrtelecom shares to ESU, the Ukrainian daughter of the Austrian company EPIC (European Privatization and Investment Corporation). This is the biggest privatization deal since 2005,... MORE

It is clear that problems with democracy and slow reforms in Ukraine under President Viktor Yanukovych have not prevented the European Union from developing closer ties with Kyiv. German Foreign Minister, Guido Westerwelle, and EU chief free trade negotiator, Philippe Cuisson, confirmed recently that the... MORE

The mission of the International Monetary Fund (IMF) completed its work in Kyiv on February 14, but more difficult talks are ahead. Ukraine still has to prove that it qualifies for the next $1.6 billion IMF loan tranche. The government of President Viktor Yanukovych like... MORE

Ukraine is once again in difficult talks with the International Monetary Fund (IMF) to secure a much needed third tranche of the IMF’s $15 billion stand-by loan which was approved last July. This is another test for the ability of Prime Minister, Mykola Azarov, to... MORE

Russia’s ambassador to Moldova, Valery Kuzmin, insinuated via Chisinau media on February 1 that Moscow can grant Moldova a price discount on Russian gas, as it granted one to Ukraine, in return for military basing rights.Kuzmin said: “Moldovan authorities must execute the conditions of the... MORE

A $550 million contract for Kyiv to deliver 420 BTR-4 armored personnel carriers and six An-32 light military transport planes to Iraq, which was concluded in 2009, faces a crisis. Ukrspecexport, the Ukrainian state-controlled arms exporter, hoped that the first BTR-4’s shipped under the contract... MORE

The Russian Navy plans to increase its presence on Ukrainian territory by adding urban infrastructure and civilian manpower to its naval assets in Sevastopol. The command of Russia’s Black Sea Fleet intends to build a housing estate (“mikrorayon”) for 20,000 personnel of the fleet, their... MORE

Several former top officials who served in the 2008-2009 government of the then Ukrainian Prime Minister, Yulia Tymoshenko, have been arrested on corruption charges since her arch rival Viktor Yanukovych was elected president in February 2010. Tymoshenko herself has to spend several hours almost weekly... MORE

Ukrainian President, Viktor Yanukovych, has launched a reform of public administration. This is the second major reform related to the economy undertaken by his government after the tax reform, which was rubberstamped by parliament in early December. Next will be pension, housing and customs service... MORE

Unlike in the case of several regional neighbors, including Russia, the recent WikiLeaks transcripts hardly carry the potential of spoiling relations between Washington and the current administration in Kyiv. However, WikiLeaks has shed new light on the role of energy businessman, Dmytro Firtash, as a... MORE