: :inin Kyiv (EET)

Section: Economy

    Ukrainian budget-funded structures are served by Russian accounting systems – Ministry of Finance of Ukraine
    Jan10

    Ukrainian budget-funded structures are served by Russian accounting systems – Ministry of Finance of Ukraine

    Ministry of Finance of Ukraine in its report of 2016 on facebook admitted the strange fact that 10% of e-cabinets on the official public finances portal of Ukraine E-Data are registered from Russian domains. “Russian capital, Russian IT solutions are actively presented on the Ukrainian market,” states the report. Ukraine’s...

    U.S. Senator McCain to join with Democrats in pushing for “comprehensive” sanctions on Russia
    Jan10

    U.S. Senator McCain to join with Democrats in pushing for “comprehensive” sanctions on Russia

    John McCain, the chairman of the Senate Armed Services Committee, U.S. Senate Republican said on January 9, 2017, that he would join Democratic Senators Ben Cardin and Robert Menendez in introducing the legislation for “comprehensive” sanctions on Russia because of its alleged attempts to influence the 2016 Presidential election....

    EU company has to be involved in Ukrainian gas transit – Naftogaz
    Jan08

    EU company has to be involved in Ukrainian gas transit – Naftogaz

    The head of the oil and gas company National Joint-Stock Company (NJSC) Naftogaz of Ukraine, Andriy Kobolyev states that Ukraine needs to get a European company to manage its natural gas transportation system to keep its status as a transit country . “The ultimate goal of the process of creating a separate GTS operator is to involve a...

    Ukraine’s international reserves increased by $2.2 billion (17%) – the National Bank
    Jan06

    Ukraine’s international reserves increased by $2.2 billion (17%) – the National Bank

    The National Bank of Ukraine (NBU) suggests that as of 1 January 2017, Ukraine’s international reserves amounted to the equivalent of USD 15.539 billion. For today the amount of Ukraine’s international reserves is sufficient to cover 3.7 months of future imports and enable the Government and the NBU to settle their foreign debt obligations...

    EU complains about the weakening economy because of sanctions against Russia
    Jan06

    EU complains about the weakening economy because of sanctions against Russia

    The Austrian Institute of Economic Research (WIFO) sates that the European Union (EU) economy in 2015 lost in economic activity EUR 17.6 billion ($18.6 billion) including because of sanctions against the Russian Federation. In particularly in Austria 36% of the negative impact on economic activity with Russia could be attributed to the sanctions....

    Prime Minister of Ukraine calls the establishment of a land market in Ukraine a controversial idea
    Jan06

    Prime Minister of Ukraine calls the establishment of a land market in Ukraine a controversial idea

    Prime Minister Volodymyr Hroisman calls the establishment of a land market in Ukraine a controversial issue.He said it in interview with Ukrinform, Censor.NET reports. “Many people argue about whether a land market is necessary or not. This is a controversial issue… Has anyone explained how this land market should look like? No one...

    Expected IMF tranche to Ukraine may be cut to $1 billion
    Jan05

    Expected IMF tranche to Ukraine may be cut to $1 billion

    The fourth tranche of the International Monetary Fund (IMF) to Ukraine is expected in February 2017 after the meeting of the Ukraine’s President Petro Poroshenko with the Head of the IMF Christine Lagarde at the World Economic Forum in Davos, Switzerland, on January 17-20, 2017. In November 2016, the parties discussed the possibility of 1.8...

    Ukrainian PJSC UkrTransNafta to tranship Urals crude oil
    Jan05

    Ukrainian PJSC UkrTransNafta to tranship Urals crude oil

    Ukrainian public joint-stock company Ukrtransnafta (PJSC UkrTransNafta), the national operator that provides services on oil transportation by pipelines to the Ukrainian refineries and its transit to the countries of Central and Eastern Europe, has made arrangements with public joint-stock company Ukrtatnafta (Kremenchuk oil refinery) on the...

    Seaports in Ukraine cut cargo handling in 2016
    Jan05

    Seaports in Ukraine cut cargo handling in 2016

    State Enterprise “Ukrainian Sea Ports Authority” reports that Ukraine’s seaports in 2016 handled 131.99 million tonnes of cargo. This data is 8.9% less than in 2015. Transshipment of exported cargo reduced by 3.3%, to 100.395 million tonnes. Transshipment of imported cargo decreased by 10.8%, to 16.013 million tonnes. Transshipment of...

    Gas consumption in Ukraine reduced in 2016
    Jan05

    Gas consumption in Ukraine reduced in 2016

    The Ministry of Energy and Coal Industry reports that Ukraine in 11 months of 2016 cut natural gas consumption by 6.2% or by 1.825 billion cubic meters. This data is compared to 27.596 billion cubic meters that were consumed during the period January-November 2015. Industry consumed 8.538 billion cubic meters. That is 17.2% down compared to...

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