The last fare increase was in 2018, with Kyiv’s mayor attributing the price hike to a “colossal subsidy” amounting to billions of hryvnas.

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.

The last fare increase was in 2018, with Kyiv’s mayor attributing the price hike to a “colossal subsidy” amounting to billions of hryvnas.