: :inin Kyiv (EET)

Section: Economy

    Big Japanese companies began economic activities in Ukraine – Japanese Ambassador
    Jan12

    Big Japanese companies began economic activities in Ukraine – Japanese Ambassador

    On January 11, 2017, Japanese Ambassador to Kyiv Shigeki Sumi held a meeting with Ukrainian President Petro Poroshenko. A decree on celebrating the Year of Japan in Ukraine was signed and the President of Ukraine expressed his gratitude to Japan in support the independence and territorial integrity of Ukraine, according to the presidential press...

    Ukrainian gas reserves would be enough to meet all needs until the end of the heating season
    Jan12

    Ukrainian gas reserves would be enough to meet all needs until the end of the heating season

    Ukraine has sufficient gas reserves in underground storages until the end of the heating season even if low temperatures remain till the end of the heating period, states Press Service of Vice Prime Minister of Ukraine on the official website. Vice Prime Minister of Ukraine Volodymyr Kistion said that since the beginning of the heating season in...

    Oil prices rose for the first time in 3 days on January 11, 2017
    Jan11

    Oil prices rose for the first time in 3 days on January 11, 2017

    Oil prices rose for the 1st time in three days on January 11, 2017, despite the U.S. government data showing a huge weekly build in U.S. crude and fuel inventories. Oil prices edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, and an early Wall Street rally ahead of a news conference by U.S. President-elect Donald Trump,...

    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...

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