: :inin Kyiv (EET)

Section: Economy

    IMF chief Christine Lagarde keeps her job, escapes penalty after negligence conviction in France
    Dec20

    IMF chief Christine Lagarde keeps her job, escapes penalty after negligence conviction in France

    International Monetary Fund chief Christine Lagarde escaped punishment and kept her job on Monday despite a conviction on negligence charges over a state payout made while she served as France`s finance minister in 2008, according to Reuters. The executive board representing the IMF`s 189 member countries reaffirmed its full confidence in...

    PrivatBank freezes funds in corporate accounts as of December 19 in ”temporary measure”
    Dec20

    PrivatBank freezes funds in corporate accounts as of December 19 in ”temporary measure”

    PJSC PrivatBank has frozen funds in corporate accounts as of December 19, according to a message posted on ”Privat24 for business” website. The report says that debit transactions from the accounts and cards are allowed within the amount exceeding the balance on these accounts as of the morning of December 19, 2016, and all the credit limits in...

    Ukraine`s gross foreign debt grows by 0.9% to $116 bln in third quarter
    Dec20

    Ukraine`s gross foreign debt grows by 0.9% to $116 bln in third quarter

    Ukraine`s gross foreign debt in the third quarter of 2016 grew by 0.9%, or $1.053 billion, from the second quarter of 2016, to $116.015 billion, according to the National Bank of Ukraine. At the same time, the gross foreign debt has shrunk by 2.3%, or $2.714 billion, since the beginning of the year. As UNIAN reported earlier, Ukraine`s gross...

    Ukraine and European Investment Bank agree on financing programs worth EUR 600 mln
    Dec20

    Ukraine and European Investment Bank agree on financing programs worth EUR 600 mln

    Ukraine and the European Investment Bank later this afternoon will sign an agreement on granting Ukraine EUR 600 million within a framework of the EU assistance package, Federica Mogherini, EU High Representative for Foreign Affairs and Security Policy, told a joint briefing with Ukraine`s First Prime Minister Stepan Kubiv following the...

    Banking system stable, PrivatBank nationalization poses no threat – National Bank of Ukraine
    Dec19

    Banking system stable, PrivatBank nationalization poses no threat – National Bank of Ukraine

    The Cabinet of Ministers at its extraordinary meeting on Sunday, December 18, decided to transfer Ukraine`s largest bank, PrivatBank, to 100% state ownership. The Ukrainian banking system is stable, while the nationalization of Ukraine`s largest bank, Privatbank, conducted according to the government decision, poses no threat, that`s according to...

    Index of consumer sentiment in Ukraine in November decreased
    Dec19

    Index of consumer sentiment in Ukraine in November decreased

    The index of consumer sentiment in Ukraine in November decreased by 4.1 points to 47.4, compared to October, according to a study carried out by GfK Ukraine market research institute. The index of the expected development of the economy over the next year has decreased by 3.7 points compared to October and amounted to 40.6. The index of expected...

    IMF supports decision of Ukrainian government to nationalize PrivatBank
    Dec19

    IMF supports decision of Ukrainian government to nationalize PrivatBank

    The decision of Ukrainian authorities to nationalize PrivatBank is an important step in their efforts to safeguard financial stability, according to Christine Lagarde, Managing Director of the International Monetary Fund (IMF). ”Today`s decision of Ukrainian authorities to nationalize PrivatBank is an important step in their efforts to safeguard...

    Ukraine dollar-bonds jump after government nationalizes PrivatBank – Reuters
    Dec19

    Ukraine dollar-bonds jump after government nationalizes PrivatBank – Reuters

    Ukraine`s dollar-denominated bonds jumped by more than 1 cent on Monday after the government said it would nationalize the country`s biggest lender, PrivatBank, according to Reuters. Longer-dated maturities chalked up the biggest gains, with the 2027 and the 2026 issues jumping more than 1.3 cents, according to Tradeweb data, Reuters reports....

    European market`s share in Ukrainian exports of agricultural products at about 32%
    Dec19

    European market`s share in Ukrainian exports of agricultural products at about 32%

    The share of the European market in the total volume of Ukrainian agri-exports amounts to some 32%, the press service of the Ministry of Agrarian Policy and Food of Ukraine reported, with reference to Deputy Minister Olha Trofimtseva. ”The European Union is the second largest trading partner of Ukraine in the field of agriculture. The share of EU...

    Hryvnia weakens to UAH 26.50 to dollar on interbank market
    Dec19

    Hryvnia weakens to UAH 26.50 to dollar on interbank market

    Hryvnia quotations against the dollar on the interbank currency market on Monday fell to UAH 26.32/26.50 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent. Hryvnia quotes against the euro have settled at UAH 27.10/27.28, while those against the Russian ruble have settled at UAH 0.4323/0.4343....

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