News

12 February 2015

Increase In Business Confidence in Ukraine Despite War In The East

A quarterly survey by EBA of business confidence in Ukraine has shown an increase from 2.17 out of 5 to 2.7 for the second quarter, 2014.

Only 4% of the negative changes are related to the outflow of Russian investment and the sharp reduction of economic ties with Russia. The business community is more influenced by the appointment of a new president and government and by the signing of the Association agreement with the EU. 40% of respondents considered these factors positive.

There is still concern about government actions to reform, reduce corruption and improve the business environment, with 19% of respondents believing that not enough action has been taken. However, 60% of respondents understood that the war in the East constrains reform and is destabilising the country.

If the conflict in the East can be ended, or at least subdued, it is likely that there will be a sharp further increase in business confidence and increase of investment into Ukraine.

  • 4 September 2020

    Covid-19 Travel Update for Foreign Visitors to Ukraine

    The Ukrainian Government has recently announced that the country's borders will remain closed temporarily to foreign visitors until September 28th. Certain visitors are exempt from the restrictions and please check on the official Government website prior
  • 24 August 2020

    Positive News for Ukrainian Real Estate Market during Pandemic

    Over the past twelve months the Ukrainian property market has had to contend with some serious hurdles including an election, collapse of one of the largest construction firms and a global pandemic. Prior to this, the country's real estate market had prog
  • 8 July 2020

    Annual land taxes due for properties in Ukraine

    Many municipalities in Ukraine have been delayed in sending out this year's land tax bills to owners due to Covid-19 so many properties have not received their statement. We have received updates from a number of municipalities that they are now in the pr