Section: Latest news

      Heating tariffs in Ukraine rise by 75-90%
      May05

      Heating tariffs in Ukraine rise by 75-90%

      The National energy and utility regulator increased central heating tariffs in Ukraine by an average of 75-90% by a corresponding decision taken at the agency`s meeting on May 5.The rates have been increased against the backdrop of of the establishment from May 1 of a single gas price for the households at UAH 6,879 per 1,000 cubic meters.”The...

      Poland bans Russian propaganda journalist from entering Schengen zone – media
      May05

      Poland bans Russian propaganda journalist from entering Schengen zone – media

      Polish authorities have banned RIA Novosti ”Rossiya Segodnya” journalist Leonid Sviridov from entering Poland and all other member states of the Schengen zone until December 2020, says the Russian journalist`s lawyer Yaroslav Helstovsky, Latvia-based Meduza.io reported citing RIA Novosti.Poland`s Foreign Office has ruled that Leonid Sviridov`s...

      Ukraine`s state debt hits 80% of GDP by end of 2015
      May05

      Ukraine`s state debt hits 80% of GDP by end of 2015

      Ukraine`s state and government-guaranteed debt estimated in U.S. dollars decreased by 6.2% to $65.5 billion in 2015, accounting for 80% of the country`s GDP, according to an annual report by the Financial Stability Council, posted on the National Bank of Ukraine (NBU) website.The Financial Stability Council was set up in March 2015 under a...

      OSCE drones spot large concentration of weaponry near Svitlodarsk in Donbas
      May05

      OSCE drones spot large concentration of weaponry near Svitlodarsk in Donbas

      Principal Deputy Chief Monitor of the OSCE Special Monitoring Mission (SMM) to Ukraine Alexander Hug says that OSCE drones have spotted a large concentration of weapons near government-controlled Svitlodarsk in Donbas, Ukraine`s east. ”South-east of government-controlled Svitlodarsk, our unmanned aerial vehicles have been recording a large...

      Bangladesh Bank officials say to meet NY Fed, SWIFT; seek to recover stolen money
      May05

      Bangladesh Bank officials say to meet NY Fed, SWIFT; seek to recover stolen money

      Bangladesh`s central bank chief will meet the head of the Federal Reserve Bank of New York and a senior executive from global financial messaging service SWIFT next week to seek the recovery of about $81 million stolen by hackers, officials in Dhaka said, according to Reuters.Two Bangladesh Bank officials said the bank believed both the New York...

      NBU okays anti-corruption program
      May05

      NBU okays anti-corruption program

      The National Bank of Ukraine (NBU) has approved an anti-corruption program for 2016-2017, according to a posting on the regulator`s website.The program is designed to provide an effective system for preventing and combating corruption based on new principles of development and implementation of the anti-corruption policy, as defined by the Law of...

      Bloomberg: Ukraine wheat outlook perks up with `marvelous` crop weather
      May05

      Bloomberg: Ukraine wheat outlook perks up with `marvelous` crop weather

      Things are looking better for Ukraine`s once-beleaguered wheat crop, according to Bloomberg.Timely rains and moderate temperatures mean crops are in better shape than at this time last year – a big change from a few months ago, when fields were planted under drought, said Tetiana Adamenko, head of the agriculture department at the National...

      Miklos: More reforms in past two years than two decades before Maidan
      May05

      Miklos: More reforms in past two years than two decades before Maidan

      Co-chair of the group of strategic advisors on support of reform in Ukraine Ivan Miklos says that greater progress is seen in the past two years after the Revolution of Dignity than over the two decades before it, according to an UNIAN correspondent.”More reforms have been done in the past two years after the Maidan event, than over 20 years...

      Balcerowicz: Ukraine seeing beginning of economic growth
      May05

      Balcerowicz: Ukraine seeing beginning of economic growth

      Leszek Balcerowicz, the president`s representative in the Cabinet of Ministers and the co-chair of the group of strategic advisors on reform support in Ukraine, says that the economic growth has started in Ukraine, but it can be sustained provided further implementation of reforms.”The economic growth has started, and it will continue if the...

      Ex-USAID officer: Inviting Kyiv to join NATO not in American national interests
      May05

      Ex-USAID officer: Inviting Kyiv to join NATO not in American national interests

      Former USAID project officer Josh Cohen, who was involved in managing economic reform projects in the former Soviet Union, claims that inviting Kyiv to join NATO is not in American national interests, according to his commentary published by Reuters on Thursday. ”Located astride a giant neighbor, Ukraine is a classic victim of Robert Kaplan`s...