Section: Latest news
Ukraine refuses to buy Russian gas at price offered by Gazprom
Ukraine will not buy natural gas from Russia`s energy giant Gazprom at a price of $177 per 1,000 cubic meters because such price is too high even compared with that offered by the European suppliers, Business Development Director of Naftogaz of Ukraine Yuriy Vitrenko wrote on Facebook.”Russian Energy Minister says Gazprom will sell gas at $177 in...
NBU mulls further rate cuts following slowdown in inflation
Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Solohub says the central bank plans to further reduce its refinancing rate in line with the slowdown in headline inflation.”If it keeps going that way, we will continue to ease our monetary policy,” Solohub said during the presentation of the regulator`s financial stability report,...
Ukroboronprom sets up Ukrainian Aircraft Corporation based on Antonov
Ukraine`s major state-owned arms manufacturer Ukroboronprom has created the Ukrainian Aircraft Corporation within its structure, thereby combining all aircraft manufacturing enterprises of the country into a single cluster, according to the concern`s press service.As noted, the State Enterprise Antonov will be the corporation`s core enterprise....
White House: Minsk deal may be implemented by end of Obama`s administration
The White House is pushing hard to have a Russia-Ukraine peace deal implemented by the time U.S. President Barack Obama leaves office, top national security adviser Susan Rice said on Thursday, according to Reuters.Rice, who coordinates foreign policy at the White House, said she saw potential for resolution in the Ukraine crisis by the end of...
Russian political scientist says when Kremlin to face serious internal problems
An independent Russian political scientist Dmitry Oreshkin believes that the Kremlin will face serious problems during the next presidential elections in 2018.The gloomy forecast is due to the fact that there are no prerequisites for economic growth in the Russian Federation, he said in an interview with ONLINE.UA.Asked whether the elections in...
Ukraine awaits WTO response on Russia`s restrictions of farm produce transit
A Ukrainian delegation at a meeting of the World Trade Organization`s Committee on Agriculture has once again raised an issue concerning the limitation by Russia of the transit of farm produce to Kazakhstan, according to the Ukrainian Ministry of Economic Development and Trade`s press service.It is reported that the Russian delegation did not...
Fiscal Service recovers almost UAH 500 bln during procurement inspections
The State Fiscal Service of Ukraine (SFS) has recovered UAH 499.3 million to the state budget based on the results of inspections in a public procurement sector, according to a posting on the SFS website.It is reported that a total of 191 criminal proceedings have been registered in the Unified Register of pre-trial investigations for violations...
First clashes at EURO-2016 in Marseille
First clashes reported at the EURO-2016 football tournament in Marseille, France, according to TSN news service.English football fans scuffled with their French ”rivals” at one of the local pubs, TSN reports.While details of how the altercation started remain unknown, the ensuing fight involved chairs being thrown and punches exchanged.Police...
Ukraine`s visa-free travel to EU delayed – WSJ
Bloc`s biggest member states raise new concerns over the issue of granting Ukraine, Georgia and Kosovo the visa-free regime, pushing the approval to September at the earliest, The Wall Street Journal reports.On Wednesday, the ambassadors from the EU`s 28 nations failed to gather enough support to back the move toward the visa lift, according to...
Toughest period of crisis over – NBU Governor
Ukraine`s banking system has overcome the hardest period of the crisis but it remains vulnerable to external shocks and internal risks, said Governor of the National Bank of Ukraine (NBU) Valeria Gontareva when presenting the regulator`s financial stability report.Gontareva noted that the resumption of lending is curbed by significant debt burden...