Section: Latest news

      Kyiv prosecutors launch probe against Energy Minister
      Mar02

      Kyiv prosecutors launch probe against Energy Minister

      Kyiv Prosecutor`s Office has opened a case against Ukraine`s Energy Minister Ihor Nasalyk into possible criminal offenses, according to an official statement by the prosecutor`s office, published by MP Viktoria Voytsitska on Facebook. ”Kyiv Prosecutor`s Office has informed me about the opening of criminal proceedings against the Minister of...

      Stratfor comments on latest Donbas escalation
      Mar02

      Stratfor comments on latest Donbas escalation

      The experts from a private U.S. intelligence company Stratfor have reported on why they believe the conflict in the occupied Donbas escalated following Donald Trump`s inauguration. Strategically, Ukraine is the most important post-Soviet state for both Russia and the West, Ukraine`s Apostrophe wrote, referring to a Stratfor report. Experts point...

      National Bank of Ukraine leaves key policy rate unchanged
      Mar02

      National Bank of Ukraine leaves key policy rate unchanged

      The Board of the National Bank of Ukraine (NBU) has decided to maintain its key policy rate at 14% per annum. This decision was prompted by the need to mitigate risks for the achievement of inflation targets in 2017-2018, according to the NBU`s website. In January 2017, inflation accelerated to 12.6% yoy, which was in line with the NBU forecast...

      European Parliament says ready to grant Ukraine additional trade preferences
      Mar02

      European Parliament says ready to grant Ukraine additional trade preferences

      The European Parliament is ready to take a decision on granting Ukraine the additional trade preferences on the proposal of the European Commission, the Ministry of Economic Development and Trade of Ukraine reported on Twitter, referring to chairman of the INTA committee (International Trade) of the European Parliament Bernd Lange. The comment...

      Ukraine`s imports exceed exports by $236 mln in January
      Mar02

      Ukraine`s imports exceed exports by $236 mln in January

      The balance of foreign trade in goods and services in Ukraine recorded a deficit of $236 million in January 2017, which was 50% down from deficit at $468 million in January 2016, according to the website of the National Bank of Ukraine (NBU). The balance of foreign trade in goods for the month recorded a deficit of $391 million, which was 33.4%...

      Britain should have closer relations with Russia – Foreign Affairs Committee of UK Parliament
      Mar02

      Britain should have closer relations with Russia – Foreign Affairs Committee of UK Parliament

      Britain is not Russia`s enemy, and should stop accusing Vladimir Putin of war crimes in Syria, effectively calling for a reappraisal of relations with Moscow – stated the report of Foreign Affairs Committee. Until this moment UK has been among the strongest advocates of a hard line towards Russia, differentiating itself from Donald Trump,...

      Deadly blast rips through Ukraine coal mine

      Eight miners died Thursday when a methane gas explosion tore through a pit in western Ukraine, in the latest mine disaster in the ex-Soviet state. …read more Source:...

      Naftogaz seeks joining Polish lawsuit over OPAL gas pipeline
      Mar02

      Naftogaz seeks joining Polish lawsuit over OPAL gas pipeline

      National oil and gas holding company Naftogaz of Ukraine has applied to the European Court of Justice with a request to grant it a right to join the claim of the Polish company PGNiG, which challenged the decision of the European Commission on expanded access for the Russia`s gas monopoly Gazprom company to the European gas pipeline OPAL,...

      Moldova is recalling Ambassador to Russia
      Mar02

      Moldova is recalling Ambassador to Russia

      The Moldovan government is recalling Ambassador to Russia, Dmitry Braghis, who was also the head of the country`s diplomatic mission in Tajikistan. A decision on the issue was made at a Cabinet meeting Wednesday, Russian news agency TASS reported. The draft decision was presented by Deputy Minister of Foreign Affairs and European Integration,...

      Ukraine boosts gas consumption by almost 20% in Feb
      Mar02

      Ukraine boosts gas consumption by almost 20% in Feb

      Ukraine increased consumption of natural gas in February 2017 by 19% year-over-year (y-o-y), to 4.5 billion cubic meters (bcm), according to Ukraine`s state-run gas transport system operator Ukrtransgaz. ”In February, Ukrainian consumers of all categories used 4.5 bcm of natural gas, which was 19% up from the same period last year,” Ukrtransgaz`s...