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Section: Latest news

    NBU cuts key policy rate to 18%
    May26

    NBU cuts key policy rate to 18%

    The Board of the National Bank of Ukraine (NBU) has decided to cut the key policy rate to 18%, effective May 27, 2016.The move was made possible due to a steady disinflation trend, which is consistent with the inflation objectives for 2016 and 2017, according to the official website of the regulator.In April 2016, as expected, twelve-month...

    ”Too much violence”: Obama urges G7 to resolve situation in Ukraine
    May26

    ”Too much violence”: Obama urges G7 to resolve situation in Ukraine

    U.S. President Barack Obama said that the G7 member states should continue to seek ways to resolve the situation in Ukraine, where a high level of violence is still being recorded, according to an UNIAN correspondent reporting on Obama`s visit to Japan where he participates in the G7 Summit.”We began to touch on some of the key security issues...

    Ukraine expects to see EU `visa decision` before summer break
    May26

    Ukraine expects to see EU `visa decision` before summer break

    Deputy Prime Minister for European and Euro-Atlantic integration of Ukraine Ivanna Klympush-Tsintsadze says Ukraine has fulfilled all visa-liberalization requirements and will insist on the adoption of a final decision from the European Union on the introduction of a visa-free regime with Ukraine before the summer break. ”We will insist that the...

    Ukraine wants to stop importing gas by 2020 – Energy Ministry
    May26

    Ukraine wants to stop importing gas by 2020 – Energy Ministry

    Ukraine intends to switch completely to the natural gas of own production and to abandon its imports by 2020, Minister of Energy and Coal Industry Ihor Nasalyk said during the Energy Congress.”We are going to escape from this loop. We will put an end to this, we will not import gas in 4.5 years,” the minister said.According to Nasalyk, gas...

    Some 3,044 Ukrainians released from captivity since start of Donbas conflict
    May26

    Some 3,044 Ukrainians released from captivity since start of Donbas conflict

    Some 3,044 Ukrainians have been released from captivity over two years of the armed conflict in Donbas, said Yuriy Tandit, deputy head of the SBU Security Service and chairman of the Joint Coordination Center on the release of the hostages, during the 8th International Conference ”Protection of democratic values and respect for human rights in...

    Klitschko resigns as BPP Solidarnist chairman
    May26

    Klitschko resigns as BPP Solidarnist chairman

    Kyiv Mayor Vitaliy Klitschko wrote a letter of resignation as chairman of the Poroshenko Party Bloc ”Solidarnist,” the press service of the mayor said.During the meeting of Kyiv City Council, Klitschko said that initially, as soon as the new law on civil service entered into force May 1, he said that he would not break the law and emphasized that...

    Kremlin`s prisoners: Media tell of Ukrainians thrown into Russian dungeons
    May26

    Kremlin`s prisoners: Media tell of Ukrainians thrown into Russian dungeons

    Nine political prisoners from Ukraine still remain in Russia. In addition, 18 Ukrainian citizens have been detained in the occupied territory of Crimea.Charges against Ukrainians are typical – terrorism, extremism and espionage, according to Novoe Vremya.A 39-year-old Ukrainian film director Oleh Sentsov was sentenced to 20 years in a penal...

    Putin: Russia, EU should draw conclusions from events in Ukraine
    May26

    Putin: Russia, EU should draw conclusions from events in Ukraine

    Russian President Vladimir Putin said the ”necessary conclusions” should be drawn from the events in Ukraine and a single zone of economic and humanitarian cooperation must be built in a vast area between the Atlantic and Pacific oceans, that`s according to his article published in the Greek newspaper Kathimerini titled ”Russia and Greece:...

    Rozenko clarifies earlier statement on alternative energy resources for rural areas
    May26

    Rozenko clarifies earlier statement on alternative energy resources for rural areas

    Vice Prime Minister Pavlo Rozenko argues that apart from criticism stirred up by his earlier call for rural residents to consider the possibility of using alternative energy sources instead of natural gas, it [proposal] has found enormous support from those people who have a clue about energy efficiency.Some regions of Ukraine can boast good...

    NBU supports lifting 2% forex tax
    May26

    NBU supports lifting 2% forex tax

    The National Bank of Ukraine (NBU) plans further easing of foreign currency restrictions and supports the abolition of a 2% deduction to the Pension Fund on foreign currency exchange transactions, according to the regulator`s posting on Facebook referring to the chief of the NBU`s open market op`s dept Serhiy Ponomarenko.According to Ponomarenko,...

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