: :inin Kyiv (EET)

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    National Bank of Ukraine: major banks recapitalized by UAH 108 bln
    Sep14

    National Bank of Ukraine: major banks recapitalized by UAH 108 bln

    Based on the results of the diagnostic survey of top 20 banks, conducted by the National Bank of Ukraine (NBU) in 2015, the largest banking institutions had taken measures to implement the program of recapitalization with the total volume of UAH 108 billion as of September 1, 2016. The banks can perform a capitalization program, both through the...

    How money siphoned off from Ukraine ends up in Latvia`s national budget
    Sep14

    How money siphoned off from Ukraine ends up in Latvia`s national budget

    A Latvian court has ruled to seize and transfer to the state budget EUR 50 million of funds siphoned off from Ukraine and laundered through Latvian banks by former high-ranking officials, Ukraine Today reported citing Latvian media. In autumn 2014 then Prosecutor General of Ukraine Vitaliy Yarema announced that $49.3 million of former Deputy...

    Ukraine PM advocates for increasing EU quotas on Ukrainian agri-exports
    Sep14

    Ukraine PM advocates for increasing EU quotas on Ukrainian agri-exports

    Prime Minister of Ukraine Volodymyr Groysman has been advocating during his meetings with European officials for the increase of EU quotas on Ukrainian farm produce, which are set by the Association Agreement between the EU and Ukraine. ”I have discussed this issue with EU Commissioner [Neighbourhood Policy and Enlargement Negotiations] Hahn, the...

    Ukrainian Ex-Finance Minister Kolobov may make plea deal: Lutsenko
    Sep14

    Ukrainian Ex-Finance Minister Kolobov may make plea deal: Lutsenko

    Ukrainian Prosecutor General Yuriy Lutsenko admits that former Ukrainian Finance Minister Yuriy Kolobov, who is now under criminal investigation, will make a plea bargain with the law enforcers. ”Mr. Kolobov has managed to have his name taken off the wanted list through the court. At the moment, his lawyer is in contact with the PGO and the...

    IMF to decide on fate of Ukraine loan tranche today
    Sep14

    IMF to decide on fate of Ukraine loan tranche today

    Ukraine`s key creditor, the International Monetary Fund (IMF) after more than a year`s break will review the country`s implementation of its reform program, which was approved in March 2015, and will decide on the disbursement of a loan tranche to Kyiv worth about $1 billion, according to preliminary estimates. It is reported that the IMF...

    Russian Geneneral Staff orders militants to fully cease fire in Donbas – Ukraine intel
    Sep14

    Russian Geneneral Staff orders militants to fully cease fire in Donbas – Ukraine intel

    The General Staff of the Russian Federation has ordered the militants in the temporarily occupied areas of Donbas to fully cease fire from 00:00 on September 15, the Main Directorate of Intelligence of Ukraine`s Defense Ministry reported on Facebook. The intelligence also says that the command of the 1st (Donetsk) and the 2nd (Luhansk) Army Corps...

    Ukrainian Cabinet`s economic outlook for 2017: 3% growth, 8% inflation
    Sep14

    Ukrainian Cabinet`s economic outlook for 2017: 3% growth, 8% inflation

    The Cabinet of Ministers has kept the economic growth forecast for 2017 at 3%, with the inflation rate of 8.1%, and an 8.7% unemployment, considering these figures as a base for the formation of the budget for 2017, according to First Deputy Prime Minister, Economy Minister Stepan Kubiv. ”GDP growth is projected at 3%, inflation at 8.1%, the...

    NBU to announce decision on restrictions on forex today
    Sep14

    NBU to announce decision on restrictions on forex today

    The National Bank of Ukraine (NBU) will release today, September 14, its decision regarding the extension or cancellation of administrative restrictions on the foreign exchange market, introduced in 2014-2015 to stabilize the national currency. The NBU press service said the regulator has not yet made the decision regarding Resolution No. 342 ”On...

    Ukrainian Prosecutor General`s Office interrogates Orthodox Church Metropolitan Onufriy
    Sep14

    Ukrainian Prosecutor General`s Office interrogates Orthodox Church Metropolitan Onufriy

    The Prosecutor General`s Office has interrogated Ukrainian Orthodox Church of the Moscow Patriarchate Metropolitan Onufriy as a witness in the case of illegal imprisonment of former head of the Ukrainian Orthodox Church Volodymyr and a metropolitan Drabynko, Ukrainian Prosecutor General Yuriy Lutsenko said in an interview with Channel 24....

    Cabinet of Ministers of Ukraine sets up Anti-Money Laundering Council
    Sep14

    Cabinet of Ministers of Ukraine sets up Anti-Money Laundering Council

    The Cabinet of Ministers of Ukraine within the framework of counteracting legalization of proceeds from crime has created a Special Advisory Board headed by the leadership of the State Financial Monitoring Service of Ukraine, whose task will be to coordinate the activities of various authorities in the fight against illegal financial flows and...

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