La presente informativa è resa, anche ai sensi dell’art. 13 del D. Lgs. 196/2003 “Codice in materia di protezione dei dati personali” (“Codice Privacy”) 
e degli artt. 13 e 14 del Regolamento (UE) 2016/679 (“GDPR”), a coloro che si collegano alla presente edizione online del giornale Tribuna Economica di proprietà di AFC Editore Soc. Coop. 

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The new President, Parliament and Government of Ukraine have all stated their commitment to the continued implementation of the EU-Ukraine Association Agreement. A report published by the EU finds that, over the past year,

Ukraine has adopted important legislation and strengthened institutions, as demanded by the Ukrainian citizens, but that further work is needed, particularly to improve the business and investment climate.

The Association Implementation Report on Ukraine looks at the implementation of the commitments under the EU-Ukraine Association Agreement, in the context of the revised European Neighbourhood Policy. It covers the period since the publication of the last report in November 2018 until the publication of this report and feeds into the EU-Ukraine Association Council, which will take place in Brussels on 28 January 2020.

The report highlights a number of areas where Ukraine has made rapid progress in its reforms and others where reforms remain incomplete or in need of higher attention.

In the area of the fight against corruption, the High Anti-Corruption Court (HACC) began operating on 5 September. Its work is particularly important as no high-level officials have so far been convicted for corruption. Illicit enrichment was re-criminalised, while laws on the relaunching of the National Agency for Prevention of Corruption and on the protection of whistle-blowers were adopted. The perpetrators of the PrivatBank fraud are yet to be prosecuted, while the recovery of funds allegedly embezzled remains incomplete

Concerning energy, the unbundling of Naftogaz is due to be completed by the end of 2019. However, the implementation of the electricity sector reform remains challenging in the current oligopolistic market structure. The Energy Efficiency Fund, created with the support of €104 million from the EU, started operations.

Ukraine's trade with the EU continued to increase and the EU maintained its position as Ukraine's first export market. The Ukrainian economy continued to grow and its finances and banking sector have stabilised. However, the report highlights a need to improve the business climate and encourage investment, in particular by enforcing the rule of law and supporting the fight against corruption, if living standards are to be raised.

Economic and sectoral reforms have delivered notable achievements such as the budget law, customs, market deregulation, public procurement and health, though the latter has advanced more slowly. Reforms remained limited in the sphere of intellectual property rights.

Since 2014, the EU, together with European financial institutions, has mobilised an unprecedented support package of over €15 billion in grants and loans to support reforms in Ukraine.