The volume of shadow economy in Ukraine last year amounted to 1.1 trillion hryvnia. These are the findings of a study by the international Association of chartered certified accountants, referred to by the author of the publication DT.UA Sergey Slezi. He reminded that GDP in the same year amounted to 2.38 trillion UAH, and the revenues of the state budget was determined by the amount of 595 billion. From the amount of 1.1 trillion hryvnias of taxes and contributions to […]

The President of Ukraine Petro Poroshenko has signed the law “On amendments to the Law of Ukraine “On accounting and financial reporting in Ukraine” (concerning improvement of certain provisions). About this in Facebook wrote the Chairman of the Verkhovna Rada Committee on taxation and customs policy Nina Southerner. See also: The NBU has updated the forecasts worsened the growth and stability of the discount rate “The adoption and entry into force of this law is another step towards the creation […]

International rating Agency Fitch Ratings affirmed the long-term Issuer default rating of Ukraine in foreign and national currency at level “B-” with a stable Outlook. This is stated on the official website of Fitch. “The rating reflects the limited possibility of borrowings on foreign markets, a large public debt and slow structural reforms, and the underdeveloped banking sector and political risks”, – said the Agency. See also: Groisman considers possible economic growth to 7% in 2018 In turn, Fitch noted […]

German electricity producers in the weekend can start paying consumers for electricity. It is expected that this Sunday the production of wind power will reach a new record and production will be larger than the country needs. Because of this, the price of electricity drops below zero, according to Bloomberg. Manufacturers will have to either close the plant to reduce the production (but unprofitable), or to pay consumers for electricity. See also: “Green energy”. In the Lviv region promise to […]

The Prosecutor’s office of Kyiv passed a helipad on Park, better known as the “helipad of Yanukovych” – the state company “Financing infrastructure projects”. This was reported by press Secretary of the Prosecutor General of Ukraine Larisa Sargan. According to her, the investigators of the Prosecutor’s office received the decision of Appellate court of Kiev about the seizure of the helicopter pad and transfer it to the aforementioned state-owned companies. “Financing infrastructure projects” shall organize the protection of this property, […]