: :inin Kyiv (EET)

Section: Economy

    European Parliament mulling more trade preferences for Ukraine – Foreign ministry
    Dec27

    European Parliament mulling more trade preferences for Ukraine – Foreign ministry

    Deputy Foreign Minister for European integration Olena Zerkal says that the European Parliament (EP) is mulling over the possibility of providing more trade preferences to Ukraine, according to Hromadske.TV. ”This is the first year when we in fact used the free trade area from January 1, 2016. This means that the free trade area has been in use...

    President Petro Poroshenko signs 2017 budget with doubled minimum wages
    Dec26

    President Petro Poroshenko signs 2017 budget with doubled minimum wages

    Ukrainian President Petro Poroshenko has signed a bill on the 2017 national budget into law, praising the government for the submission of the document on time. ”Poroshenko emphasized that having ruined previous years` traditions, the government had submitted the state budget to the Verkhovna Rada on time,” the presidential press service said on...

    PrivatBank issues almost $600 mln worth of debt participation notes
    Dec26

    PrivatBank issues almost $600 mln worth of debt participation notes

    Ukraine`s largest bank PrivatBank, which was nationalized in accordance with the decision of the Cabinet of Ministers, has replaced bonded obligations for $595 million to the SPV (UK) for loan participation notes, the NBU said in a notification for PrivatBank noteholders. According to the notification, PrivatBank had the following notes in issue:...

    Bank of Japan Governor says global economy entering new phase
    Dec26

    Bank of Japan Governor says global economy entering new phase

    Bank of Japan Governor Haruhiko Kuroda said on Monday the global economy seems to be entering a new phase and finally putting behind the negative legacy of the global financial crisis, according to Reuters. The BOJ`s new policy framework aimed at keeping long-term interest rates around zero percent will help maximize the benefits of global...

    Ukraine has almost 12.3 bcm of gas reserves left in storage
    Dec26

    Ukraine has almost 12.3 bcm of gas reserves left in storage

    Natural gas reserves in Ukraine`s underground storage facilities (USFs) in the period from Dec 16 and Dec 24 dropped by 3.4%, or 436 million cubic meters – from 12.291 billion cubic meters down to 12.727 bcm, that`s according to the gas transport system operator Ukrtransgaz. According to the state-owned operator, on December 24, some 47.4 million...

    EBRD to finance trolleybus transport and infrastructure upgrade in Ivano-Frankivsk
    Dec26

    EBRD to finance trolleybus transport and infrastructure upgrade in Ivano-Frankivsk

    The European Bank for Reconstruction and Development (EBRD) is extending resources to support the renewal of rolling stock in municipalities across Ukraine under its Ukraine Public Transport Framework facility, according to Agroperspectiva. The latest project under the facility, which was approved in 2015 and designed to help replace ageing...

    SBU Security Service chief says low salaries reason for operatives to consider switching to business activity
    Dec26

    SBU Security Service chief says low salaries reason for operatives to consider switching to business activity

    Chairman of Ukraine`s SBU Security Service Vasyl Hrytsak has said that the next year`s budget allocated less funds for the SBU than the agency actually requires. ”Our budget is what we have been able to defend, which is UAH 6.260 billion. Although our minimum requirements, which we had announced, were at a little more than UAH 7 billion. In...

    Cabinet plans to introduce Mobile ID in Ukraine – Ukrainian Prime Minister
    Dec26

    Cabinet plans to introduce Mobile ID in Ukraine – Ukrainian Prime Minister

    The Cabinet of Ministers intends to develop a legal framework for the implementation of a technology of mobile identity of citizens – Mobile ID in Ukraine at the state level, Ukrainian Prime Minister Volodymyr Groysman said during the meeting with representatives of the largest mobile operators in the country. ”We need to open up opportunities...

    Ukrainian Interior minister says satisfied with ministry`s budget for 2017
    Dec26

    Ukrainian Interior minister says satisfied with ministry`s budget for 2017

    Ukrainian Interior Minister Arsen Avakov has called ”progressive” the Interior Ministry budget for 2017, the press service reported. According to Avakov, cash collateral in the amount of UAH 3.8788 billion is provided for the State Emergency Service of Ukraine, which is UAH 1.4315 billion more than last year. ”These funds will increase the...

    Ukrainian Regional Development Ministry seeks to improve construction industry legislation in 2017
    Dec26

    Ukrainian Regional Development Ministry seeks to improve construction industry legislation in 2017

    The Ukrainian Ministry of Regional Development, Construction and Housing and Utility Services jointly with the Center for Effective Regulation intends to improve legislation concerning 55 markets of the construction industry in 2017, Lev Partskhaladze, the regional development deputy minister, said at a press briefing. ”There are 55 construction...

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