: :inin Kyiv (EET)

Section: Economy

    Oil prices rise on output cuts, but U.S. stockpiles drag
    Mar09

    Oil prices rise on output cuts, but U.S. stockpiles drag

    Oil prices climbed on Thursday after sharp losses the session before, buoyed by strong compliance with touted international production cuts, although a surge in U.S. crude inventories continued to drag, according to Reuters. The Organization of the Petroleum Exporting Countries (OPEC) and other oil producers reached an agreement last year to cut...

    Ukrainian PM names key IMF recommendations: pension reform, launch of land turnover
    Mar09

    Ukrainian PM names key IMF recommendations: pension reform, launch of land turnover

    Key recommendations of the International Monetary Fund to Ukraine are the implementation of pension reform and the introduction of land turnover, according to Prime Minister Volodymyr Groysman. The prime minister recalled that Ukraine had agreed on an updated Memorandum with the IMF on the cooperation program, and that it includes no provision on...

    Accounting Chamber: Tax debt in Ukraine grows almost fourfold over past 3 years
    Mar08

    Accounting Chamber: Tax debt in Ukraine grows almost fourfold over past 3 years

    Debt on taxes, levies and payments to the state budget of Ukraine increased by 3.8 times in 2014-2016, reaching almost UAH 59 billion, or US$2.18 billion, as of January 1, 2017, according to the website of the Accounting Chamber of Ukraine, referring to the audit report on the effectiveness of tax debt collection, where auditors recognized the...

    National Bank of Ukraine to initiate sanctions against Sberbank subsidiary in Ukraine for servicing holders of separatist ”passports” of ”DPR-LPR”
    Mar08

    National Bank of Ukraine to initiate sanctions against Sberbank subsidiary in Ukraine for servicing holders of separatist ”passports” of ”DPR-LPR”

    The National Bank of Ukraine has told UNIAN that, if Sberbank of Russia accepts ”passports” of the unrecognized ”DPR” and ”LPR”, the issue of introducing sanctions against the bank`s subsidiary in Ukraine will be submitted to the National Security and Defense Council. ”If this information is confirmed, the NBU will initiate a request to the NSDC...

    Ukraine interior minister claim Russia`s Sberbank servicing clients with Donetsk and Luhansk separatist passports
    Mar07

    Ukraine interior minister claim Russia`s Sberbank servicing clients with Donetsk and Luhansk separatist passports

    Minister of the Internal Affairs of Ukraine Arsen Avakov in a harsh statement published on Facebook wrote that Sberbank of Russia in Ukraine has greenlighted services for its clients, owners of non-recognized ”passports” issued by the self-proclaimed Donetsk and Luhansk ”people`s republics.” ”Sberbank of Russia must stop its operations in...

    Ukraine`s nuclear energy generating company Energoatom to launch power exports to Poland, Hungary in 2019
    Mar07

    Ukraine`s nuclear energy generating company Energoatom to launch power exports to Poland, Hungary in 2019

    President of Ukraine`s national nuclear energy generating company Energoatom Yuriy Nedashkovsky has announced Energoatom`s plans to launch electricity exports to Poland and Hungary in 2019; the electricity will be generated by the second Khmelnitsky Nuclear Power Plant (KhNPP) unit, which is now under construction. ”I believe we`ll manage this...

    Oil prices hold steady for third day; eyes on economic data
    Mar07

    Oil prices hold steady for third day; eyes on economic data

    Oil prices were little changed for a third session on Tuesday, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and non-OPEC members, according to Reuters. As of 0545 GMT, brent crude LCOc1 was down 11 cents, or 0.2 percent, at $55.90 a barrel, with a firmer dollar, unchanged against...

    Ukraine`s foreign reserves rise by $15 mln since year-start
    Mar07

    Ukraine`s foreign reserves rise by $15 mln since year-start

    Ukraine`s international reserves increased by 0.1%, to $15.460 billion, in February, the National Bank of Ukraine wrote on its website. ”International reserves of Ukraine as of March 1, 2017, amounted to $15,459,700, (in the dollar equivalent), according to preliminary data. Since the beginning of this year, the volume of international reserves...

    Investment in Ukraine`s agriculture hits record high in 2016 – experts
    Mar06

    Investment in Ukraine`s agriculture hits record high in 2016 – experts

    Capital investment in Ukraine`s agriculture in 2016 was estimated at UAH 44 billion, or about US$1.62 billion, which was a record high level over Ukraine`s independence, and 1.5 times up on the 2015 figure, according to the press service of the National Scientific Center ”Institute of Agrarian Economy.” ”Investment in agriculture in 2016 reached...

    Capital investment in Ukraine`s agro-industrial sector in 2016 hits $2.25 bln
    Mar06

    Capital investment in Ukraine`s agro-industrial sector in 2016 hits $2.25 bln

    Capital investment in the Ukrainian agro-industrial sector totaled UAH 61.1 billion, or US$2.25 billion, last year, accounting for 18.7% of total capital investment injected in the country`s economy, according to the Ukrainian Agrarian Policy and Food Ministry`s press service, which cited State Statistics Service data. ”According to the State...

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