Business news from Ukraine

EXPERT: UKRAINE SHOULD ALLOW IMPORT, SALE OF FUEL OF EURO-4 QUALITY

During the period of Russian military aggression, Ukraine should allow the import and sale of fuel of the Euro-4 ecological standard, director of the A-95 consulting group Serhiy Kuyun said.
“It is necessary to temporarily allow the use of fuel of Euro-4 standards. The equipment of the Armed Forces of Ukraine will not notice this at all. Tanks, ZILs, diesel locomotives and others will go easily – this equipment is not new for the most part,” he wrote on his Facebook page.
“Civilian transport will also survive. Strict European fuel requirements are mainly for environmental purposes. Now there are much more serious threats to our life and health than the exhaust in traffic jams from refugees’ cars,” Kuyun said.
According to him, there are interesting price offers for Euro-4 on the foreign market, which will increase the filling of the Ukrainian market with fuel.

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EXPERT: DECISION ON MIXING COVID VACCINES TO BE MADE BY DOCTOR

The decision to mix vaccines against COVID-19 will be made exclusively by the doctor who directs the person to vaccination, said Deputy Minister of Health, Chief State Sanitary Doctor Ihor Kuzin.
“The main recommendation was that, in fact, mixing of vaccines is allowed, but subject to the algorithm. Mixing one or another vaccine is not the choice of the patient, it is solely the decision of the doctor who directs for vaccination,” he said in an interview with the Ukrayinska Pravda publication.
According to Kuzin, the doctor can make such a decision only in a few cases: if after the first dose the patient had a severe adverse reaction; due to humanitarian problems. For example, if a person abroad received the first Moderna vaccination and, having returned to Ukraine, does not have the opportunity to be vaccinated with it for the second time.
The deputy minister added that it is possible to combine either mRNA vaccines (Moderna and Pfizer), or the first dose of AstraZeneca, and the second with mRNA vaccines. Mixing of other types of vaccines is not envisaged yet.

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THE EXPERTS CLUB PROJECT LAUNCHES SERIES OF VIDEO REVIEWS ABOUT ECONOMY

The Macroeconomic Review section has been launched on a monthly basis within the framework of the Experts Club. In the first video, the co-founder of the project, PhD in Economics, Maksim Urakin, analyzed the main macro indicators.

“The goal of our Macroeconomic Review project is to provide the viewer with the key statistics and information in the most convenient form, to do it succinctly and clearly, replacing cumbersome tables and lengthy reasoning with graphic analysis,” research organizer Maksim Urakin said.

In the block on the population of Ukraine, the latest data of the State Statistics Service on the number of residents of our country were presented, a comparison was made between the statistics of state bodies and the indicators of the so-called “electronic census” of January 2020. In addition, the latest data on unemployment and wages in the regions were studied.

In the economic block, the indicators of GDP, the volume of foreign trade, the main trade partners of Ukraine, the national debt, the indicators and sources of investment and industrial production are analyzed.

All data is presented in the form of graphs and diagrams that complement the visual backdrop.

In the future, the Experts Club will analyze and present both the current statistics of Ukraine and compare the latest data with the previous periods, as well as with the indicators of other countries.

In addition, a series of thematic programs are planned, which will be devoted to the state of various sectors of the Ukrainian economy and their characteristics over the period of 30 years of independence.

The full video can be found on the Experts Club YouTube channel at the link:

https://www.youtube.com/watch?v=tCKGn3uGR_Y

You can subscribe to the Experts Club channel here.

 

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EXPERTS: COST OF HOUSING IN UKRAINE TO GROW BY 20%

The cost of square meter of housing in new buildings in Ukraine in January-June 2021 grew by 10-20% depending on the readiness of the facility and the region, Director General of the Financial and Investment Management Association (FIMA) Viktoria Volkovska has told Interfax-Ukraine.
“We have analyzed dozens of housing facilities throughout Ukraine that work with construction financing funds. The overwhelming majority indicate an increase in the cost of square meter. At the same time, we have a situation where the cost of housing is growing faster than the price,” she said.
According to a survey conducted by FIMA, 76.9% of respondents reported an increase in the cost of square meter by 10-20%, and 7.7% told about an increase of more than 20%. Only 15.4% of respondents said that the cost of housing has not changed significantly.
In addition, only 10% of respondents reported a decrease in the volume of construction work, while 40% reported an increase of more than 20%, 10% – a 20% increase, and 20% – a 10% increase.
The FIMA study is based on an online survey of construction finance fund managers conducted following the results of the first half of 2021.
The Financial and Investment Management Association (FIMA) was established in May 2020 in connection with the entry into force of the law on amendments to certain legislative acts concerning improving the functions of public administration of financial services markets. It unites 41 financial companies that manage FFS funds in Kyiv, Lviv, Odesa, Dnipropetrovsk and Kharkiv.

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SYSTEMIC CONFLICT BETWEEN THE STATE AND LOCAL GOVERNMENTS TAKES PLACE IN UKRAINE – EXPERT

Decentralization in Ukraine is far from completion, considers the local government expert, director of the Practical Policy Program of the Institute of Political Education, Alexander Solontay.

“Today we are far from having a decentralized country, we have done only the first basic steps, but we are moving towards this”, – Solontay claimed in comments on features and problems of the decentralization process in Ukraine
on the Youtube channel “Club of Experts“.

In the expert’s opinion, now has arisen a situation in which the implemented reforms had led to greater autonomy of urban and rural communities. At the national level, however, politicians are chosen by a paternalistic population. These policies support communities’ autonomy on the one hand and, on the other, want the Centre to continue to provide guidance locally.

“From above, the mechanisms for interaction with autonomous communities have not yet been worked out. The politicians act in the old way – to pass laws, to direct an order, to allocate funds, and so on. It’s vertical management. How to manage in a new system, where the bottom is independent and the top has limited possibilities, authorities have not yet learned», – says the expert.

Solontay noted that in our environment, where the shadow economy and corruption have not been overcome, the law enforcement agencies are under-reformed and the local power is increasingly independent, a systemic crisis has arisen in interaction of Center and regions.

«Whatever situation would appear in the country, we are always condemned to conflict between authorities and local self-government», – the expert summarized.

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THE TENSE SITUATION IN THE WORLD MAY LEAD TO A NEW “IRON CURTAIN” – EXPERT

According to political scientist Daniil Bogatyriov, in recent weeks, international relations are characterized by an escalation in confrontation between various centers of power.
According to the expert in international affairs, the beginning of not one, but two cold wars is characteristic of the current geopolitical situation in the world: between Russia and the United States in Eastern Europe and between China and the United States in Southeast Asia.
“For example, a recent meeting of the representatives of the U.S. Department State and the Chinese Foreign Ministry in Alaska only exacerbated contradictions between the countries. At the end of the meeting, unambiguous confrontational statements were made. The American side expressed to the Chinese one claims about the violation of human rights in Hong Kong and Xinjiang Uygur Autonomous Region, the increasing pressure in Taiwan. The Chinese, in turn, pointed to the facts of human rights violations in the United States during the suppression of the BLM protest movement,” Bogatyriov said.
According to the political scientist, a similar level of confrontation has also been achieved between the United States and the Russian Federation.
“Today we see attempts to eliminate internal opposition in Russia and Belarus. Thus, the Russian authorities have launched a process to recognize the structure of Alexei Navalny (the Anti-Corruption Foundation) an extremist organization. It is no coincidence that the so-called conspiracy of the opposition intelligentsia has been uncovered in Belarus just now,” the expert said.
He noted that all these processes in the future may lead to the formation of the phenomenon of “large spaces” in various regions of the world, which will in fact be zones of direct influence of one or another large state.
“We are entering the world of “large spaces,” the world of zones of influence, where a cold war will flare up between them and in the future serious restrictions on the movement of citizens and any other cross-border activities are not ruled out. Such things will be possible only within the framework of their large space, that is, this will lead to the lowering of the very real “iron curtain,” as it was in the last cold war,” Bogatyriov summed up.
You can watch the full video on the Experts’ Club YouTube channel.
You can subscribe to the Experts’ Club channel here

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