: :inin Kyiv (EET)

Section: Economy

    EU explains pressure on Ukraine to lifting of moratorium on round timber export and denies manipulation of visa liberalization
    Dec09

    EU explains pressure on Ukraine to lifting of moratorium on round timber export and denies manipulation of visa liberalization

    The President of Ukraine Petro Poroshenko during the summit Ukraine-EU in Brussels promised to cansel the moratorium on the export of unprocessed timber. It is a condition for the EU to grant 600 million euros and promise of visa liberalization in a short time. A lot of Ukrainians outrage of the EU position and call it “visa...

    Gazprom signs contract to build Turkish Stream`s offshore section
    Dec09

    Gazprom signs contract to build Turkish Stream`s offshore section

    Russian gas monopoly Gazprom has signed a contract to build the first line of the offshore section of the Turkish Stream pipeline bypassing Ukraine in the Black Sea, the information department of Gazprom told UNIAN. ”Today in Amsterdam, the company South Stream Transport B.V. signed a contract with Allseas Group S.A. for the construction of the...

    IMF undecided on date of Board meeting of Ukraine – spokesman
    Dec09

    IMF undecided on date of Board meeting of Ukraine – spokesman

    The Board of Directors of Ukraine`s key creditor, the IMF, has not yet determined the date of its meeting on Ukraine. The Fund does not rule out that the discussion of the reform program and, as a consequence, a decision on the allocation of the fourth tranche in the amount of $1.3 billion, can be held in early 2017. ”There was a mission in...

    ”EUR 22 per parcel limit”: Controversial bill on customs limit withdrawn from Finance Ministry
    Dec09

    ”EUR 22 per parcel limit”: Controversial bill on customs limit withdrawn from Finance Ministry

    The Association of Information Technology Enterprises of Ukraine (AITEU) has recalled from the finance ministry a bill establishing the customs fee-free limit at EUR 22 per parcel sent to Ukraine, said AITEU Chairman Yuri Perohanych, according to Ukrainian newspaper Ekonomichna Pravda. ”The bill will be finalized. Such rules will be introduced in...

    Dutch threaten to sink EU-Ukraine trade and security deal
    Dec09

    Dutch threaten to sink EU-Ukraine trade and security deal

    The Netherlands has threatened to scupper a trade and security deal between the Ukraine and the EU unless it receives legally binding guarantees at a summit of European leaders next week, according to the Financial Times. In an interview with the Financial Times, Mark Rutte, Dutch prime minister, outlined his demands for a decision signed by EU...

    Ukraine position on trilateral gas talks: winter package similar to previous seasons
    Dec09

    Ukraine position on trilateral gas talks: winter package similar to previous seasons

    ”The objective of talks is to find consensus on a new winter package, which would be similar in terms of its content to those that we had in 2014 and 2015, to ensure that this winter Gazprom is able to sell gas, while the Ukrainian side – to buy it. We hope that as the outcome of tomorrow`s debate (I use the word ”hope” because we know that the...

    Kenya shows interest in Ukrainian turbines and transformers – trade envoy
    Dec09

    Kenya shows interest in Ukrainian turbines and transformers – trade envoy

    Ukrainian Deputy Ministry of Economic Development and Trade and Ukraine`s Trade Representative Nataliya Mykolska says Kenya has shown interest in Ukrainian industrial equipment, including turbines, motors, and transformers. ”Kenya interested in Ukrainian exports, namely of turbines, motors, pipes, transformers, PV and hydropower [equipment]....

    Rada votes for spending occupied areas` budgets on coal miners` wages
    Dec08

    Rada votes for spending occupied areas` budgets on coal miners` wages

    Ukraine`s Verkhovna Rada on Thursday passed a bill in first reading to boost budget support of state-owned coal mines in Ukraine in 2017 by UAH 1 billion ($US38.8 million), to UAH 1.25 billion ($48.5 million). Bill No. 4744 on amendments to the 2017 national budget was supported by 244 lawmakers with the required minimum being 226 votes. ”This...

    No IMF tranche for Ukraine by year-end: National Bank of Ukraine expects money in early 2017
    Dec08

    No IMF tranche for Ukraine by year-end: National Bank of Ukraine expects money in early 2017

    The National Bank of Ukraine (NBU) hopes that the Board of Directors of the International Monetary Fund (IMF) will hold another meeting at the beginning of next year, resulting in obtaining the next tranche of the loan from the IMF being also possible at the beginning of the year, NBU Governor Valeria Gontareva said at a briefing. ”We will not...

    National Bank of Ukraine names main risks to price stability
    Dec08

    National Bank of Ukraine names main risks to price stability

    The National Bank of Ukraine (NBU) notes the risks to price stability in raising the minimum wage, political tensions and a high probability of a delay of the next tranche of the International Monetary Fund. ”Since the previous decision on monetary policy, the risks for future inflation dynamics have been increased, which force the National Bank...

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