: :inin Kyiv (EET)

Section: Economy

    Russia cancels economic forum with Croatia holding grudge for Plenkovic Kyiv visit
    Dec01

    Russia cancels economic forum with Croatia holding grudge for Plenkovic Kyiv visit

    Ambassador of the Russian Federation in Croatia Anvar Azimov confirmed on Monday that the Croatian-Russian economic forum had been canceled, according to Total Croatia News citing N1. ”I have a very difficult task. I love Croatia and I deeply respect Croatia, and we will not forget that for more than 50 years Russia and the Soviet Union were one...

    Ukraine`s state debt shrinks by 0.4% in Oct, to $68.35 bln
    Dec01

    Ukraine`s state debt shrinks by 0.4% in Oct, to $68.35 bln

    The total amount of Ukraine`s state and state-guaranteed debt at the end of October 2016 was US$68.35 billion, which was 0.4% less than at the beginning of the month, according to the Ukrainian Finance Ministry`s website. The total sum of the Ukraine`s state and state-guaranteed debt in the hryvnia equivalent at the end of October amounted to UAH...

    Ukraine reports outbreak of bird flu after 8-year break
    Dec01

    Ukraine reports outbreak of bird flu after 8-year break

    Ukraine has reported an outbreak of a highly contagious bird flu virus among backyard birds in households in southern Kherson region for the first time after an eight-year break, according to the Ukrainian government. Samples taken by veterinary services from the dead birds in the village of Novo-Oleksandrivka in Kalanchatsky district after an...

    Oil prices surge, smash trading volume records as OPEC and Russia agree output cut
    Dec01

    Oil prices surge, smash trading volume records as OPEC and Russia agree output cut

    Oil prices shot up 13%, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned they could remain modest by historical comparison as other producers fill the gap, according to Reuters. The Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday its...

    European Court annuls part of sanctions against Putin`s friend Rotenberg. Document
    Dec01

    European Court annuls part of sanctions against Putin`s friend Rotenberg. Document

    The General Court of the European Union on November 30 declared unfounded EU sanctions against Russian businessman and President Putin`s friend Arkady Rotenberg, which were in force from July 2014 to March 2015. General Court of the European Union from Hanna Minenko ”By today`s judgement, the General Court partly upholds the action for annulment...

    Cabinet approves EIB project worth EUR 400 mln to support small and medium-sized businesses
    Dec01

    Cabinet approves EIB project worth EUR 400 mln to support small and medium-sized businesses

    The Cabinet of Ministers of Ukraine has approved the implementation of the joint project with the European Investment Bank (EIB) to support small and medium-sized businesses and companies with average capitalization levels, the loan for the implementation of which amounts to EUR 400 million. According to the website of the Ministry of Finance, it...

    Naftogaz gets state guarantees for $500 mln loan for gas purchase
    Dec01

    Naftogaz gets state guarantees for $500 mln loan for gas purchase

    The Cabinet of Ministers of Ukraine has approved the granting of state guarantees in the amount of about $500 million to Ukraine`s oil and gas giant NJSC Naftogaz of Ukraine in order to attract a World Bank loan for the purchase and pumping of natural gas in the autumn-winter period. Presenting the need for the provision of guarantees, First Vice...

    Real wages decrease in Ukraine
    Nov30

    Real wages decrease in Ukraine

    Real wages of Ukrainians dropped 3% in October to the previous month, according to the State Statistics Service. Compared with October 2015, real wages increased by 6.2% though. The average monthly nominal wage of full-time employees decreased by 0.2% in October compared with September, amounting to UAH 5,350. This is 3.7 times higher than the...

    France says lifting sanctions on Russia would be counterproductive
    Nov30

    France says lifting sanctions on Russia would be counterproductive

    French Foreign Minister Jean-Marc Ayrault said on Tuesday that lifting European Union sanctions on Russia would weaken efforts to resolve the Ukraine crisis and hand a victory to Moscow, Reuters reported. ”It would weaken the objective of resolving this conflict and would be a victory to those who endangered the security of a country,” Ayrault...

    Hryvnia strengthens to UAH 25.60 to dollar on interbank market
    Nov29

    Hryvnia strengthens to UAH 25.60 to dollar on interbank market

    Hryvnia quotations against the dollar on the interbank currency market on Tuesday strengthened to UAH 25.57/25.60 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 27.29/27.35, while those against the Russian ruble have settled at UAH...

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