Ukraine’s inflation rate topped 26% in March, propelled by surging food prices and the government’s largesse. Although high food and energy price inflation are global phenomena, Ukraine’s situation is being made worse by budgetary policy. Why nothing is being done to fight inflation in Ukraine?

Ukraine’s Supreme Court struck down on April 8 a controversial debt for equity deal from last summer that yielded a $500 million plus stake in a leading Ukrainian electricity producer to a company controlled by Rinat Akhmetov, Ukraine’s top businessman.

The World Bank is warning that the countries of Eastern Europe and the former Soviet Union could experience a slowdown in economic growth as a result of the downturns in financial markets in the United States and Western Europe.

Ukraine grain exports may fall victim in the 2008/09 season to the government`s fight against the highest inflation rates in a decade, despite projections of a recovery in the harvest after last year`s severe drought...

One of the most hopeful signs in February was the establishment by Prime Minister Yulia Tymoshenko of a new Council of Investors (COI) to be headed by First Vice President Oleksandr Turchynov and Hryhoriy Nemyria, a vice prime minister...