Danilo Hetmantsev
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Ukraine's parliament backs 50% bank profit tax for 2027
Ukraine's Verkhovna Rada supported a bill in first reading extending the 50% tax on bank profits through 2027 and restricting banks' ability to offset current taxable income with losses from previous periods. The proposal must pass a second reading before becoming law.
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Ukraine's finance minister tells Rada country is in liquidity crisis, blames $29.5bn shortfall in partner aid
Finance Minister Serhiy Marchenko told the Verkhovna Rada on 12 October that Ukraine's state budget has fallen roughly 50 billion hryvnia short of planned revenues over nine months of 2026, with 39 billion hryvnia in payments deferred to year's end and capital expenditures blocked. He attributed the squeeze to a $29.5 billion shortfall in expected partner support tied to delayed reforms under IMF, EU and World Bank programs. Marchenko said military pay and social programs remain fully funded, but the Rada must now pass dozens of reform-related bills to unlock the rest.
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Ukraine’s Prosecutor General announces suspicion against NABU director, then leaves the country; Zelensky moves to dismiss him
Prosecutor General Ruslan Kravchenko, who had resigned a week earlier amid the NABU/SAPO “Carthage” operation against his own office, announced on 14 September that he had signed a notice of suspicion against NABU director Semen Kryvonos. The same night he left Ukraine. President Zelensky publicly called for his immediate dismissal, submitted the motion to the Verkhovna Rada, and signed a decree suspending him under martial-law provisions. The European Commission said it was aware of the events and stressed that independent anti-corruption bodies are a cornerstone of the rule of law in Ukraine.