Essential - Kiev, Ukraine

Ukraine to join World Trade Organisation

Thursday, January 31st, 2008

Ukraine will become a full member of the World Trade Organisation (WTO) on February 7 2008. Membership of the WTO, an international organisation promoting free trade and the lowering of trade barriers, has long been a key foreign policy objective of the Ukrainian government.


Almost one third of Ukrainians pay bribes

Friday, December 7th, 2007

Thirty percent of Ukrainians pay bribes to officials according to a survey released yesterday by Transparency International, the global organisation dedicated to fight corruption. The Global Corruption Barometer placed Ukraine in the second quintile of countries most affected by bribery, along with Lithuania, Moldova, and Serbia. The most corrupt European countries were Albania, Macedonia, Kosovo and Romania.

In the Ukraine, most bribes were paid for educational qualifications, health services, to police and legislators, and to the tax authorities. The survey also revealed that 82 percent of respondents thought corruption in Ukraine would increase or stay the same.


Diplomat hospitalised

Saturday, December 1st, 2007

The Ambassador of China to Ukraine was hospitalised yesterday after a Range Rover coming off the pavement smashed into his car near Shota Rustaveli. Kiev’s pavements are commonly viewed as an extra lane by many drivers, particularly those with expensive cars.


Salaries to rise, but so will inflation

Tuesday, November 27th, 2007

Mercer, the consulting arm of Marsh & McLennan, forecasts a 10 percent increase in Ukrainian salaries for 2008. They will however be matched by similar increase in inflation, resulting in no net gain in wealth for workers. The figures were released in the company’s Annual Worldwide Pay Survey, published yesterday.


Don’t say we didn’t warn you

Wednesday, October 3rd, 2007

Those planning a visit to Kiev in the near future should pack extra clothing as the temperature of their hotel room may possibly match that outside. On Tuesday Russian energy giant Gazprom said it will cut gas supplies to Ukraine if it fails to pay $1 billion it owes for supplies. Things could get a little chilly.


40 percent of economy in the black market

Wednesday, August 1st, 2007

The Ukrainian Ministry of Economy has published a report revealing that 39 percent of the country’s economy is operating in the black market. In 2007 it is estimated that a staggering 227 billion dollars of economic activity will be declared and hence not subject to taxation. The report reveals that unrecorded payments of salaries in cash are widespread in businesses of all sizes.


EU introduces new visa regulations

Friday, June 29th, 2007

The EU has relaxed visa regulations for Ukrainians, allowing students, children and senior citizens to obtain visas free of charge. The Ukraine dropped visa requirements for European Union citizens in 2005.


City is one of the most expensive in the world

Wednesday, June 27th, 2007

Kiev has been ranked the 28th most expensive city in the world for expatriate workers according to a survey released by Mercer, the consulting arm of Marsh & McLennan. Last year the Ukrainian capital was ranked 21st in its Worldwide Cost of Living Survey. Moscow retained its place as the most expensive city in the world.


Victory Day celebrations

Monday, May 7th, 2007

Ukrainians will celebrate the end of World War II, ‘The Great Patriotic War’, on Wednesday May 9. As is traditional on this public holiday, veterans will march down Khreschatyk watched by thousands of onlookers. Ukraine saw some of the fiercest fighting of the war, with over 7 million Ukrainians losing their lives.


City centre alcohol ban

Thursday, April 12th, 2007

Kiev’s mayor Leonid Chernivitsky has banned the sale of alcohol in city centre shops for the rest of this month. The move comes as a result of drunken behaviour that is occurring in and around the current political demonstrations in the city.