Section: Latest news

      Visa-free travel for Ukraine at final decision stage – EU Commissioner Hahn
      Sep14

      Visa-free travel for Ukraine at final decision stage – EU Commissioner Hahn

      EU Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn has assured Ukrainian Parliament Speaker Andriy Parubiy that EU visa-free travel for Ukraine is at the stage of final decision. ”European Commissioner Hahn has assured that the issue of granting Ukraine visa-free regime is at the stage of final decision,”...

      Germany`s Foreign Minister Steinmeier brings pledge from Moscow: Donbas separatists will cease fire at midnight
      Sep14

      Germany`s Foreign Minister Steinmeier brings pledge from Moscow: Donbas separatists will cease fire at midnight

      Germany`s Minister for Foreign Affairs Frank-Walter Steinmeier says he has arrived in Kyiv with the pledge from Moscow – Donbas separatists will cease fire at midnight on September 15 and the ceasefire will last for at least seven days, according to an UNIAN correspondent. ”We came to Kyiv with the pledge from Moscow that the separatists` weapons...

      Ukrainian Government asks Rada to OK bill on recovering $1.5 bln of assets stolen by Yanukovych team
      Sep14

      Ukrainian Government asks Rada to OK bill on recovering $1.5 bln of assets stolen by Yanukovych team

      The Cabinet of Ministers of Ukraine has submitted for consideration of the Verkhovna Rada a draft law on special confiscation, which, if adopted, will help return to the state budget $1.5 billion of assets seized from the criminals from the previous government. The corresponding decision was taken at a government meeting on Wednesday, September...

      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...

      Culture Under Threat: Odesa Philharmonic Orchestra as Case Study
      Sep14

      Culture Under Threat: Odesa Philharmonic Orchestra as Case Study

      In the last two years, it has become routine to acknowledge that the Maidan revolution unleashed torrents of creative energy in Ukraine. Myriad articles have been written about the ferment of cultural activity taking place across every discipline. Yet classic cultural institutions and performing arts groups continue to face many of the same...

      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...

      Why the West Ignores Russia’s Wars
      Sep14

      Why the West Ignores Russia’s Wars

      This month will mark one year since the beginning of Russia’s intervention in Syria and two and a half years since its invasion of Ukraine’s Donbas region. In Syria, Russia has indiscriminately bombed inhabited areas using virtually every type of conventional munition in its arsenal—thermobaric, cluster, and incendiary—killing around...