: :inin Kyiv (EET)

Section: Economy

    Finance Ministry introduces new Head of PrivatBank, forms Supervisory Board
    Dec22

    Finance Ministry introduces new Head of PrivatBank, forms Supervisory Board

    Minister of Finance of Ukraine Oleksandr Danyliuk presented to the staff of the state-owned Privatbank the new head of the Board, former Finance Minister Oleksandr Shlapak. The ministry has set the task before the new head of the Board to further develop the bank, Danyliuk told a press conference Thursday. ”The Bank should become an example of...

    Gazprom suggests exchanging letters of guarantee with Naftogaz instead of additional accords
    Dec22

    Gazprom suggests exchanging letters of guarantee with Naftogaz instead of additional accords

    Russian gas monopoly Gazprom has offered the National energy holding Naftogaz of Ukraine to exchange letters of guarantee, as well as to resolve the issues of prepayment for gas deliveries, said Russian Energy Minister Alexander Novak, Prime business news agency reported. ”Gazprom is proposing Naftogaz an exchange of letters, which would answer...

    Ukraine strikes deal with world`s leading port network to develop container facilities at Chornomorsk port
    Dec22

    Ukraine strikes deal with world`s leading port network to develop container facilities at Chornomorsk port

    Hong Kong`s Hutchison Ports has made greater inroads into the Black Sea region, signing a Memorandum of Understanding (MOU) with the government of Ukraine for the development of container terminal facilities at the key Chornomorsk Port, one of the largest ports in the Black Sea, according to Seatrade Maritime. The port handles a range of cargo...

    Rada lifts pension fee in foreign currency purchases
    Dec21

    Rada lifts pension fee in foreign currency purchases

    The Verkhovna Rada of Ukraine on December 20 canceled a 2% pension fee when buying foreign currency by individuals. The provision was included in budget bill No.5132 ”On Amendments to the Tax Code.” The document amends the law ”On a fee for obligatory state pension insurance.” The MPs excluded from the revenues of the general budget fund a fee...

    Ukraine`s chief prosecutor may probe into some provisions of 2017 budget
    Dec21

    Ukraine`s chief prosecutor may probe into some provisions of 2017 budget

    Ukraine`s chief prosecutor Yuriy Lutsenko has announced that his office will analyze some provisions of the national budget for 2017, which was passed by the Verkhovna Rada in the early hours of Wednesday, December 21. ”Unfortunately, what was passed yesterday has some challenges that the Prosecutor General`s Office should deal with. The bill [on...

    Mykhailivsky Bank`s depositors blocking Khreschatyk in Kyiv demand ”bank must return the deposits!”
    Dec21

    Mykhailivsky Bank`s depositors blocking Khreschatyk in Kyiv demand ”bank must return the deposits!”

    About a hundred depositors of the Mykhailivsky Bank have blocked the roadway of Khreshchatyk Street near the Maidan Square, according to an UNIAN correspondent. People do not let driving a single car, and some drivers have to turn back toward the European Square. People are holding flags ”Mykhailivsky Bank: return of deposits!” They are also...

    Ex-deputy head of Naftogaz shoots himself as law enforcers try to arrest him
    Dec21

    Ex-deputy head of Naftogaz shoots himself as law enforcers try to arrest him

    Former deputy head of Naftogaz of Ukraine energy holding, who had been in office at the time of Viktor Yanukovych presidency, Hennady Yuriev, has committed suicide in his home in Vinnytsia region, according to the press secretary of Prosecutor General Yuriy Lutsenko. It is noted that today, December 21, military prosecutors have come to his house...

    Key figures of Ukraine budget 2017: UAH 27.2 per dollar, inflation at 8%
    Dec21

    Key figures of Ukraine budget 2017: UAH 27.2 per dollar, inflation at 8%

    The Verkhovna Rada in the early hours of Wednesday adopted as a whole the government-proposed draft state budget for 2017, providing for a 3% deficit and economic growth laid down at 3%. Budget revenues are set at the level of UAH 721.4 billion, expenses – at UAH 790.4 billion. The deficit ceiling is set at UAH 77.5 billion. Macroeconomic...

    New law on guarantees of retail deposits in state banks adopted by Ukrainian Parliament
    Dec21

    New law on guarantees of retail deposits in state banks adopted by Ukrainian Parliament

    The Verkhovna Rada of Ukraine has adopted as a basis and as a whole the draft law submitted by Ukrainian President Petro Poroshenko on amendments to the Law of Ukraine ”On banks and banking activity”, involving state guarantee of individuals` deposits in state banks. The relevant decision was supported by 276 MPs with a minimum of 226 votes...

    Ukrainian Parliament approves establishment of export-credit agency
    Dec21

    Ukrainian Parliament approves establishment of export-credit agency

    The Verkhovna Rada of Ukraine has approved the establishment of an Export-Credit Agency with the main task of supporting large-scale expansion and doubling the volume of exports by 2019. The bill on ensuring the large-scale export expansion of Ukrainian producers through insuring, guaranteeing, and reducing the cost of export lending (No.2142a)...

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