Other Topics of Interest
Should Ukraine Tax Banks’ Windfall Profits?
Lawmakers reach for the easiest lever – a higher tax on bank profits – rather than push structural reforms. The result? Another round in the Hetmantsev-central bank feud.
“Also, implementing measures for the city’s energy sustainability, the Kyiv City Council will be forced to redistribute some items of the capital’s budget. And our transport is subsidized (Hr.12 billion [$268 million] for this year, for example),” he added.The Kyiv City State Administration argued that realistic prices in 2026 would be Hr.64.60 ($1.6) per metro trip and Hr.44.14 ($1.09) based on “calculations by transport enterprises,” according to a May report by the New Voice of Ukraine.The outlet cited a petition submitted to the city administration calling for the fare increase to be postponed until the end of martial law, which it said gathered 6,000 signatures within its first day.“Under martial law, when a significant share of Kyiv residents have unstable incomes, many families support the military, displaced people or those affected by the war, and the minimum wage in Ukraine remains at a level where transport costs after the proposed increase could become a significant share of a person’s monthly income,” the petition’s author said.Read more about the average salary in Ukraine by region and by profession as of December 2025 in this Kyiv Post report.
