Economic blogger Alexander Okhrimenko

The Ukrainian media have information that Natalia Yaresko will be the new prime minister of Ukraine. This is unofficial information. But it is being actively discussed and even have unofficial lists of future ministers in the future government of Ukraine.  In Ukraine, there is no uniform opinion that Yaresko Prime Minister is good or bad. While working as head of the Ministry of Finance Natalya Yaresko showed that it incompetent and ineffective leader, who does not know what the economy of Ukraine. But it was incompetence Yaresko is its main advantage over other candidates for prime minister of Ukraine.  Ukrainian President Poroshenko and the Ukrainian oligarchs at the Ukrainian government with a weak and incompetent Prime Minister. This will allow both the President and the oligarchs Ukraine to form a government with their personal ministers who will not be controlled by Yaresko. Having a government for themselves, that's the main goal of the new government of ...

The results of export of IT services in Ukraine in 2015 showed that the main consumers of these services are the US and Russia. As a positive factor is the growth of export of Ukrainian IT services in the United States in 2015, compared with 2014. Ukrainian companies that represent IT services exports have found new customers in Israel, Sweden and the Czech Republic in 2015.  This success of Ukrainian IT services business. Ukrainian IT business to hope for the growth of new orders from the EU in connection with the signing of an agreement on association with EU. Ukraine has high hopes for the development of export of IT services.

Regulatory capital of Ukrainian banks fell to a critical level. The amount of regulatory capital banks in Ukraine decreased by 5.6 times in 2016 compared with 2013. And that after the largest banks of Ukraine increased the capital from the words of head of the NBU. Most of the bank does not comply with regulations, but the NBU turns a blind eye. What will happen to banks in Ukraine, no one knows the future. It is not possible forecast in the chaos.

D espite the trade war between Russia and Ukraine, Russia remains the main trading partner of Ukraine. Russia's share in the total exports of Ukraine was 12.7% in 2015. Export of Ukraine in Russia fell by 50% in 2015 compared to 2014 year. This deadlock. Ukraine can not find a replacement for Russia at the same time in a trade war Ukraine reduced exports..  The Association Agreement between Ukraine and the EU has not provided Ukraine the growth of exports to the EU. Export of Ukraine in the EU fell by 23% in 2015 compared to 2014. The problem is that Russia remains the largest importer of Ukraine. Russia's share in the total imports in Ukraine amounted to almost 20% in 2015. Imports from Russia dropped by 60% in Ukraine in 2015 compared to 2014. Falling imports from Russia to Ukraine was the result of what is now Ukraine buys Russian natural gas through the European offshore. Formally, Ukraine buys Russian gas to the EU. Although Ukraine in this case pays 20-25% ...

Ukrainian hryvnia to a bad start this year. Hryvnia depreciated against the US dollar by 12.9% in the incomplete first two months of this year.  The head of the NBU Valery Gontareva and Finance Minister Natalia Yaresko can not accurately explain the reason for the devaluation of the hryvnia. From time to time they called the guilty in the devaluation of the hryvnia, or pensioners or citizens of Russia or exporters. But they never say what it is they are guilty of the devaluation of the hryvnia. In fact, the main reason for the devaluation of the hryvnia is a big problem of the Ukrainian financial market that stimulates the devaluation of the hryvnia.  The head of the NBU Valery Gontareva illegally closed a large number of banks in Ukraine, and as a result of the banking system collapsing. Finance Minister Natalia Yaresko destroyed public finances and public debt are growing every day. Under these conditions, the business and the people are more prone to currency specul...

The total amount of foreign investment in Ukraine amounted to $ 51.2 billion. In 2015, which is 12% less than it was in 2013. Foreign investments go to Ukraine after the Maidan.   But not all foreign investors have decided to leave Ukraine. Investments from the Netherlands and Switzerland to Ukraine have increased in 2015 in comparison with 2013 year. At the same time a very large outflow of foreign investment in Ukraine has been fixed for Cyprus, England and the Virgin Islands.  It is connected to the fact that Ukrainian oligarchs were quick to pick up the money from the Ukraine after the Maidan. Traditionally Ukrainian oligarchs keep their money in Cyprus and other offshore and is why these investments were withdrawn from Ukraine.

Ukraine's real GDP dropped by 10.1% in 2015 compared to 2014. This is the worst performance of GDP Ukraine over the past twenty years. The Government of Ukraine Yatsenyuk Ukraine's economy has turned into a wreck. At the same time Yatsenyuk calls it "reform"