: :inin Kyiv (EET)

Section: Economy

    Euro drops to 20-month low as Renzi concedes referendum defeat
    Dec05

    Euro drops to 20-month low as Renzi concedes referendum defeat

    The euro fell to the weakest level since March 2015 as Italian Prime Minister Matteo Renzi said he would resign after conceding defeat in the nation`s constitutional referendum, according to Bloomberg. The single currency dropped against all its 16 major counterparts as the referendum on Renzi`s plans to rein in the power of the Senate was...

    Antonov needs about $700 mln for serial production of aircraft
    Dec05

    Antonov needs about $700 mln for serial production of aircraft

    Ukraine`s state-owned enterprise Antonov, the only Ukrainian designer and manufacturer of cargo and passenger planes, needs to raise $703.2 million to launch full-scale production of aircraft, according to news portal LІGA.net. This issue was on the agenda of a meeting on the aviation industry, which was chaired by Ukrainian Prime Minister...

    National Bank of Ukraine reveals 32 illegal exchange offices in Kyiv
    Dec05

    National Bank of Ukraine reveals 32 illegal exchange offices in Kyiv

    The National Bank of Ukraine (NBU) revealed 32 illegal foreign exchange booths in Kyiv in the course of October inspections. According to the report, the National Bank is not a body authorized to deal with the illegal exchange offices, as it is the responsibility of the Ministry of Internal Affairs, the SBU Security Service, and the State Fiscal...

    Ukraine expects grain harvest of over 64 mln tonnes
    Dec05

    Ukraine expects grain harvest of over 64 mln tonnes

    The Ministry of Agrarian Policy and Food expects that the Ukrainian agrarians in the current year will collect some 64.2 million tonnes of grain, which is 4 million tonnes more than in 2015, with the average yield of 44.8 c/ha, according to the ministry press service. According to the report, 26.1 million tonnes of wheat will be harvested, which...

    Kyiv Commercial Court obliges Gazprom to pay UAH 171 bln in fines and penalties on ACU`s claim
    Dec05

    Kyiv Commercial Court obliges Gazprom to pay UAH 171 bln in fines and penalties on ACU`s claim

    The Commercial Court of Kyiv has fully satisfied the claim of the Antimonopoly Committee of Ukraine (ACU) to the Russian gas monopoly Gazprom, brought for violation of Ukrainian competition law, and obliged Gazprom to pay UAH 171 billion fines and penalties on the claim, according to the ACU`s statement, which is at the disposal at UNIAN. ”Today,...

    NBU Council to consider monetary policy for 2017 on December 21
    Dec05

    NBU Council to consider monetary policy for 2017 on December 21

    The Board of the National Bank of Ukraine (NBU) has submitted to the NBU Council its proposals for basic principles of monetary policy for 2017 and the medium term, which the Council plans to consider at its meeting on December 21, the NBU`s press service told UNIAN. As noted in the draft, the medium-term inflation target is set at 5%, including...

    World Bank temporarily takes away $220 mln from Ukravtodor
    Dec05

    World Bank temporarily takes away $220 mln from Ukravtodor

    The World Bank has decided to temporarily take about $220 million from the loan portfolio of the State Agency of Automobile Roads (Ukravtodor), the World Bank Country Director for Belarus, Moldova, and Ukraine Satu Kahkonen said during a meeting with Ukravtodor CEO Slawomir Nowak, the press-service of the agency said. ”With respect to funding, in...

    Finance Ministry changes rules of registration, filing complaints by taxpayers
    Dec04

    Finance Ministry changes rules of registration, filing complaints by taxpayers

    The Ministry of Finance has improved with an order enforced Nov 25 the process of drafting and filing complaints by taxpayers and their review by the authorities of the State Fiscal Service, according to a report on the ministry website. In particular, the taxpayers can now file petitions for the public consideration of the complaint, with media...

    Russian central bank loses $31 million in cyber attack
    Dec04

    Russian central bank loses $31 million in cyber attack

    Hackers stole more than RUB 2 billion ($31 million) from correspondent accounts at the Russian central bank, the bank said on Friday, the latest example of an escalation of cyber attacks on financial institutions around the globe. Central bank official Artyom Sychyov discussed the losses at a briefing, saying that the hackers had attempted to...

    Forum in Tel-Aviv to kick off Israeli-Ukrainian business Alliance
    Dec04

    Forum in Tel-Aviv to kick off Israeli-Ukrainian business Alliance

    An Israeli-Ukrainian Entrepreneurship Forum will take place in in Tel Aviv on 14-15 December 2016. The Forum offers a new focus for research on the challenges of meeting Israeli-Ukrainian business demands for the sustainable development, according to EuromaidanPress. The purpose of the Forum is to create conditions for a potential partnership in...

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