Global corporations are exploiting the crisis to shape their business processes and pushing forward the concept of distance working (from home). So, they would be able to reduce costs and say goodbye to their already limited social obligations.
Ukraine is waiting for default due to coronavirus. The Ukrainian authorities woke up and started talking about a financial collapse because Ukraine would not be able to repay government debts. The leadership of Ukraine does not hide the panic. In Ukraine, even foreign currency has ended.
The National Bank of Ukraine sees no reason for default on Ukraine's obligations. The management of the main Ukrainian bank has confirmed that it is not going to stop paying off government debt. Also, the National Bank of Ukraine said that the influence of coronavirus had a limited and neutral effect on the economy of Ukraine in February and early March.
Apart from that, the National Bank of Ukraine has denied fakes that the country has run out of foreign currency. “The situation in the monetary market remains stable, and the banking system has a fairly high level of liquidity. Hryvnia liquidity is now about 230 billion UAH, foreign currency liquidity is more than 8 billion US dollars,” the National Bank of Ukraine emphasised.