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    National Bank of Ukraine estimates Ukraine`s losses from blockade of trade with Russia-occupied Donbas at $2 bln
    Feb28

    National Bank of Ukraine estimates Ukraine`s losses from blockade of trade with Russia-occupied Donbas at $2 bln

    The National Bank of Ukraine (NBU) estimates the country may lose up to US$ 2 billion in forex revenue if the blockade of trade, including in coal, with occupied Donbas continues. ”Some 2 billion [US dollars] is the most pessimistic forecast. But it can become reality. We must not forget that [it is related to] metallurgy, one of the key...

    Russian militant in leaders Luhansk and Donetsk People`s Republics threaten to seize Akhmetov’s factories if blockade continues
    Feb28

    Russian militant in leaders Luhansk and Donetsk People`s Republics threaten to seize Akhmetov’s factories if blockade continues

    Russian-backed leaders of the so-called ”LPR/DPR” (the self-proclaimed Luhansk and Donetsk People`s Republics) demand that the Ukrainian authorities stop by early March the transport blockade of the occupied areas of Donbas. Otherwise, the terrorists threaten to introduce external management at the enterprises under Ukrainian jurisdiction (mainly...

    Ukrainian central banker edging toward exit unnerves markets – Bloomberg
    Feb28

    Ukrainian central banker edging toward exit unnerves markets – Bloomberg

    The possible departure of Ukraine`s central bank governor unnerved bond investors as questions arose over the fate of vital economic overhauls should she step down, according to Bloomberg. Disappointed by a lack of government reforms, Valeriya Gontareva has told President Petro Poroshenko of her intention to resign, a person familiar with the...

    Russia warns about ”possibility of new tragedies” if U.S. supplies lethal weapon to Ukraine
    Feb28

    Russia warns about ”possibility of new tragedies” if U.S. supplies lethal weapon to Ukraine

    Russian Foreign Ministry has stated the possibility of ”new tragedies” in case Washington moves to supply lethal aid to Ukraine, according to an UNIAN news agency correspondent in Russia citing Deputy Foreign Minister Sergei Ryabkov as saying. The Russian side will ”explain” to the new U.S. administration ”the history and status of the conflict...

    Russia`s Foreign Ministry accuses U.S. Congress in preparing economic blockade of Russia
    Feb28

    Russia`s Foreign Ministry accuses U.S. Congress in preparing economic blockade of Russia

    Washington must make its own decision on the prospects for the lifting of sanctions against Russia, as Moscow did not ask and does not intend to ask for that, said Russian Deputy Foreign Minister Sergey Ryabkov, the BBC Russian Service reported. ”If we talk about sanctions, due to which the U.S. turnover dipped by almost a third – from $29...

    Yatsenyuk not willing to become National Bank of Ukraine Governor
    Feb28

    Yatsenyuk not willing to become National Bank of Ukraine Governor

    Former Ukrainian Prime Minister Arseniy Yatsenyuk does not apply for the post of a governor of the National Bank of Ukraine (NBU), believing Valeria Gontareva`s successor should not be affiliated with any political forces. ”I`m not going to become the NBU governor. I believe that an absolutely apolitical figure should be heading the NBU,”...

    Russia`s VTB Bank finds buyers for Ukrainian subsidiary
    Feb28

    Russia`s VTB Bank finds buyers for Ukrainian subsidiary

    President and Chairman of VTB Bank Management Board, Member of the Supervisory Council Andrey Kostin says the Group has found four buyers for its Ukrainian-based subsidiary, BM Bank, and the situation will clarify by the end of March, according to the Russian news agency RIA Novosti. ”We`ve got four buyers for BM Bank, they are now undergoing due...

    Gazprom violates contractual terms, reducing gas pressure at entrance to Ukraine`s gas transport system
    Feb28

    Gazprom violates contractual terms, reducing gas pressure at entrance to Ukraine`s gas transport system

    Russian gas monopoly Gazprom has once again violated the terms of the contract on ensuring required levels of gas pressure in the Ukrainian gas transport system (GTS), which undermines stable gas transit to the European Union, National Joint Stock Company Naftogaz of Ukraine reported. As of 08:00 on Tuesday, the pressure on Sudzha gas-measuring...

    Russia`s recognition of ”DPR-LPR” travel documents to complicate Donbas settlement – UN official
    Feb28

    Russia`s recognition of ”DPR-LPR” travel documents to complicate Donbas settlement – UN official

    The fact that the Russian Federation has moved to recognize the so-called passports issued by self-proclaimed authorities of the occupied areas in Donetsk and Luhansk regions of Ukraine can complicate the process of the conflict settlement in eastern Ukraine, UN High Commissioner for Refugees Filippo Grandi said in an interview with Kommersant....

    Russia`s crawling advance: ”LPR” to recognize ruble official currency from March 1
    Feb28

    Russia`s crawling advance: ”LPR” to recognize ruble official currency from March 1

    The self-proclaimed Luhansk People`s Republic will adopt the Russian ruble as its official currency on March 1, according to The Moscow Times. The so-called Luhansk government, which currently uses rubles unofficially alongside the Ukrainian hryvnia, claimed that the change would help stabilize the occupied territory`s volatile economy, MT...

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