: :inin Kyiv (EET)

Section: Latest news

    Russia prepares for deep budget cuts that may even hit defence
    Nov02

    Russia prepares for deep budget cuts that may even hit defence

    Russia is preparing to slash government spending across the board over the next three years as it struggles to bring down a budget deficit swollen by lower oil prices and recession, according to The Financial Times. Deep cuts are looming for health, education and even defense — which is slated for a swingeing 27% reduction in expenditure next...

    Major bank fraud scheme participant arrested in Kyiv
    Nov02

    Major bank fraud scheme participant arrested in Kyiv

    Kyiv law enforcers have detained a head of one of the departments of Standard Bank, complicit in an illegal withdrawal of UAH 900 million from depositors` accounts, according to the press service of the SBU Security Service of Ukraine. ”The SBU along with the fiscal service revealed that the official in 2013-2015 withdrew more than UAH 900...

    Ukrainians shocked as politicians declare vast wealth
    Nov02

    Ukrainians shocked as politicians declare vast wealth

    An anti-corruption reform requiring senior Ukrainian officials to declare their wealth online has exposed a vast difference between the fortunes of politicians and those they represent, according to Reuters. Some declared millions of dollars in cash. Others said they owned fleets of luxury cars, expensive Swiss watches, diamond jewelry and large...

    EU Delegation gives feedback on first e-declaration stage in Ukraine
    Nov01

    EU Delegation gives feedback on first e-declaration stage in Ukraine

    The Delegation of the European Union to Ukraine says that the completion of the first round of electronic asset declarations marks an important milestone in Ukraine`s anti-corruption reforms. ”The completion of the first round of electronic asset declarations, whereby we have seen a very high level of turn-out among declarants, marks an important...

    Russia outlaws Ukrainian salt
    Nov01

    Russia outlaws Ukrainian salt

    The Russian government has banned imports of Ukrainian salt to its territory, according to Ukraine Today. The same goes for the salt produced in the United States, European Union, Canada, Australia, Norway, Albania, Montenegro, Iceland and Liechtenstein, Ukraine Today reports. Before Russia had started its crackdown on western food products,...

    Traffic controller not asked to threaten Belavia plane with interception – Security Service of Ukraine
    Nov01

    Traffic controller not asked to threaten Belavia plane with interception – Security Service of Ukraine

    The SBU Security Service of Ukraine claims that the Ukrainian air traffic controllers were told to U-turn a Belarussian Belavia passenger plane, but no instructions to threaten the pilots with scrambling jet fighters in case of disobedience were given. ”We once again emphasize that we did not give any instructions regarding the scrambling of the...

    Ukraine`s trade envoy: French investors interested in Ukrainian assets
    Nov01

    Ukraine`s trade envoy: French investors interested in Ukrainian assets

    Ukrainian Trade Representative Nataliya Mykolska says French companies show interest in the acquisition of a number of the Ukrainian assets the Ukrainian government plans to put up for sale soon. ”It is important that there is interest in a number of the facilities selected for privatization. It is extremely important French companies have...

    Kremlin: The Times knows nothing about Putin`s plans in Syria
    Nov01

    Kremlin: The Times knows nothing about Putin`s plans in Syria

    Russian presidential spokesman Dmitry Peskov has dismissed speculations by the British daily The Times Russia is allegedly getting ready for a major offensive on Aleppo, Russian news agency TASS has reported. ”If the The Times has any evidence the militants are about to launch a major offensive, it should have said so,” Peskov told the media...

    Russian Alfa Group completes acquisition of Ukraine’s Ukrsotsbank from UniCredit Group
    Nov01

    Russian Alfa Group completes acquisition of Ukraine’s Ukrsotsbank from UniCredit Group

    ABH Holdings SA, owner of Alfa-Bank, and UniCredit Group (UCG) have announced the completion of the transfer of 99.9% of shares in Ukrsotsbank, which is a UCG asset in Ukraine, in exchange for a minority 9.9% stake in ABHH, the press service of Alfa-Bank reported. ?Head of Strategy, Business Development and M&A at UniCredit Andrea Maffezzoni...

    Russian shipborne air task force arrives in Mediterranean
    Nov01

    Russian shipborne air task force arrives in Mediterranean

    The Russian shipborne air strike force led by the missile cruiser Pyotr Veliky has arrived in the Mediterranean Sea, Russia`s Defense Minister Army General Sergey Shoigu said on Tuesday, according to Russian news agency TASS. ”Last week, our shipborne air strike force led by the missile cruisier Pyotr Veliky made a passage through the eastern...

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