: :inin Kyiv (EET)

Section: Economy

    NBU forecasts international reserves at $15.5 bln by year-end
    Dec14

    NBU forecasts international reserves at $15.5 bln by year-end

    The National Bank of Ukraine predicts the volume of international reserves at the end of the year to amount to $15.5 billion, Valeria Gontareva, the NBU Governor, told a Kyiv conference Wednesday. ”At the end of last year, we had reserves at $13.3 billion, and at the end of this [year] they will be at $15.5 billion,” said Gontareva. According to...

    Hryvnia weakens to UAH 26.40 to dollar on interbank market
    Dec14

    Hryvnia weakens to UAH 26.40 to dollar on interbank market

    Hryvnia quotations against the dollar on the interbank currency market on Wednesday fell to UAH 26.30/26.40 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 26.95/27.05, while those against the Russian ruble have settled at UAH 0.4323/0.4343....

    Ukrainian gas giant Naftogaz forecasts $805 mln in profit in 2016
    Dec14

    Ukrainian gas giant Naftogaz forecasts $805 mln in profit in 2016

    Ukraine`s oil and gas giant NJSC Naftogaz of Ukraine expects to earn UAH 21 billion, or about US$805 million, in profit in 2016, according to the company`s CEO. ”It`s about UAH 21 billion,” Naftogaz CEO Andriy Kobolev said on TV. As UNIAN reported earlier, Naftogaz in 2015 posted UAH 25 billion in net loss, whereas in 2014 its net loss was...

    Naftogaz CEO assesses Ukraine`s gas transport system at 30 bln USD
    Dec14

    Naftogaz CEO assesses Ukraine`s gas transport system at 30 bln USD

    Andriy Kobolev, CEO of Ukraine`s oil and gas giant JSC Naftogaz of Ukraine, assesses the value of Ukraine`s gas transport system at US$30 billion. ”We assess it at a figure close to $30 billion,” he said on TV. Kobolev earlier said that the construction of such gas pipelines as the Turkish Stream and Nord Stream 2 – the latter is actively lobbied...

    Putin complains to Merkel of Ukraine`s ”reluctance” to agree on gas purchases
    Dec14

    Putin complains to Merkel of Ukraine`s ”reluctance” to agree on gas purchases

    Russian President Vladimir Putin has complained to German Chancellor Angela Merkel of Ukraine`s ”reluctance” to coordinate an agreement on Russian gas purchases, according to the Kremlin. ”The two leaders continued to discuss the situation around Russian gas deliveries to European consumers via Ukrainian territory. Vladimir Putin again expressed...

    Ukrainians should shrink gas consumption at least threefold – Ukraine PM
    Dec14

    Ukrainians should shrink gas consumption at least threefold – Ukraine PM

    Ukraine in 2017 plans to increase own gas production by 500 million cubic meters and by 2020 to cover all of its fuel needs, Prime Minister Volodymyr Groysman reported via Twitter. ”This year we have increased our own [gas] production by 50 million cubic meters. Next year we will increase it by 500 million cubic meters,” wrote Groysman. ”By 2020,...

    Sanctions against Russia over Ukraine must be extended – Merkel
    Dec13

    Sanctions against Russia over Ukraine must be extended – Merkel

    German Chancellor Angela Merkel said on Tuesday sanctions against Russia over the crisis in eastern Ukraine would have to be extended because of a lack of progress in implementing the Minsk ceasefire agreement, according to Reuters. ”It will be necessary to extend the sanctions against Russia again – although we would have wished for better...

    Ukraine`s 3 biggest state companies owe US$2.45 bln to banks
    Dec13

    Ukraine`s 3 biggest state companies owe US$2.45 bln to banks

    Ukraine`s three biggest state-owned companies – NJSC Naftogaz of Ukraine, JSC Ukrzaliznytsia and NAEC Energoatom – account for 74%, or UAH 64 billion ($2.45 billion), of the total debt all the state-run companies owe to Ukrainian banks, according to the National Bank of Ukraine (NBU). The total debt is estimated at UAH 87 billion, or $3.32...

    Hryvnia strengthens to UAH 26.11 to dollar on interbank market
    Dec13

    Hryvnia strengthens to UAH 26.11 to dollar on interbank market

    Hryvnia quotations against the dollar on the interbank currency market on Tuesday strengthened to UAH 26.07/26.11 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 27.6915/27.7340, while those against the Russian ruble have settled at UAH...

    SWIFT confirms new cyber attacks, hacking tactics
    Dec13

    SWIFT confirms new cyber attacks, hacking tactics

    Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February`s heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and a previously undisclosed letter the organization sent to banks worldwide, Reuters reported....

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