Section: Latest news

      Reduction of hryvnia loan rates below 10% possible in 5 yrs – NBU Deputy Governor
      May16

      Reduction of hryvnia loan rates below 10% possible in 5 yrs – NBU Deputy Governor

      Deputy chief of the National Bank of Ukraine Dmytro Solohub said that the rates on bank loans in the national currency can fall under 10% in the next five years, provided that the deposit rates are at around 5%, as well as Ukraine`s judicial and tax systems are reformed.”If we are talking about inflation falling down to 5% in 2-3 years, and there...

      BPP faction elects new chairman
      May16

      BPP faction elects new chairman

      The Bloc of Petro Poroshenko faction unanimously elected chairman of the faction Ihor Hryniv, according to an UNIAN correspondent citing his sources in the faction.As UNIAN reported earlier, former chairman of the Bloc of Petro Poroshenko faction, Yuriy Lutsenko, on May 12 was appointed a Prosecutor General of Ukraine.The Bloc of Petro Poroshenko...

      Jamala’s Triumph at Eurovision Reminds Ukraine to Take Cultural Diplomacy Seriously
      May16

      Jamala’s Triumph at Eurovision Reminds Ukraine to Take Cultural Diplomacy Seriously

      The 2016 Eurovision Song Contest has energized Ukrainians, whose spirits had been low due to “Ukraine fatigue,” continuous political feuds, and lack of reforms. Jamala’s win and her powerful song about persecution and the abuse of Crimean Tatars has filled our hearts with pride and solidarity. It also reminds us that culture is a powerful...

      Ukraine GDP shows slight rise in 1Q – State Statistics Service
      May16

      Ukraine GDP shows slight rise in 1Q – State Statistics Service

      Ukraine`s GDP grew by 0.1% in the first quarter of 2016 in annual terms, compared with the first quarter of 2015, as reported on the website of the State Statistics Service of Ukraine, referring to operative data.The gross domestic product of Ukraine in the first quarter of 2016 compared with the fourth quarter of 2015 decreased by 0.7%, taking...

      Impossible to have meaningful reforms in Ukraine when borders unstable: U.S. State Department
      May16

      Impossible to have meaningful reforms in Ukraine when borders unstable: U.S. State Department

      U.S. Deputy Assistant Secretary of State Benjamin Ziff was critical of Russia`s failure to implement the Minsk agreements in Donbas in an interview with Lithuania`s LNK TV.”Our position on Minsk Agreements is very clear: they have to be fully implemented before any sanction relief on Russia can be contemplated,” said Ziff.”It is impossible to...

      Trump says unlikely to have good relationship with British PM Cameron
      May16

      Trump says unlikely to have good relationship with British PM Cameron

      Donald Trump has said he is unlikely to have a good relationship with David Cameron because the British prime minister cast the U.S. presidential candidate as ”divisive, stupid and wrong” for proposing a temporary ban on Muslims entering the United States, according to Reuters.After Trump`s call for an entry ban on Muslims, Cameron criticized...

      USDA projects Ukraine`s share in global sunflowerseed oil trade at 56%
      May16

      USDA projects Ukraine`s share in global sunflowerseed oil trade at 56%

      The United States Department of Agriculture (USDA) projects Ukraine will retain its leading position in global trade in sunflowerseed oil in the 2016-2017 marketing year (September 2016 through August 2017), accounting for 56%.During the current 2015-2016 marketing year, Ukraine`s share in global sunflowerseed oil trade is estimated at 54%, the...

      One Ukrainian soldier killed, one wounded in Donbas in last day
      May16

      One Ukrainian soldier killed, one wounded in Donbas in last day

      One Ukrainian soldier was killed and another one was wounded in the Donbas conflict zone in the last 24 hours, presidential administration spokesman for the Anti-Terrorist Operation Colonel Andriy Lysenko said at a briefing in Kyiv on Monday, according to an UNIAN correspondent.”In the last day, we lost one Ukrainian soldier, and another one was...

      After one year of talks, leaders pledge to solve Cyprus problem in 2016
      May16

      After one year of talks, leaders pledge to solve Cyprus problem in 2016

      President of Cyprus Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci on Sunday expressed their determination to overcome outstanding issues to reach a settlement of the Cyprus problem within the year, according to Cyprus Mail.In a joint statement, Anastasiades and Akinci said ”today marks the first anniversary of our talks as the two...

      Cabinet posts endorsement of Zguladze`s resignation
      May16

      Cabinet posts endorsement of Zguladze`s resignation

      Ukraine`s Cabinet of Ministers has issued a resolution to endorse First Deputy Interior Minister Eka Zguladze`s resignation.Document registered under No. 353-r dated May 11 was posted on the government`s portal.The government also greenlit Andriy Gevko`s resignation from the post of Deputy Minister of Education and Science.As UNIAN reported...