Section: Latest news

      Ukraine MFA: Russia does not need Donbas
      Aug31

      Ukraine MFA: Russia does not need Donbas

      Ukrainian Foreign Minister Pavlo Klimkin recently pointed out that Russia does not need Donbas, noting that everything happening in the region was an attempt to destabilize the situation in Ukraine. ”I believe we are witnessing a situation of classical, hybrid hot war, which began with the occupation of Crimea, through the actual occupation of...

      Ukraine to spend almost US$1 bln on reform of state coal mines by 2020
      Aug30

      Ukraine to spend almost US$1 bln on reform of state coal mines by 2020

      Ukraine`s Energy and Coal Industry Ministry plans to spend UAH 25.287 billion, or $US 0.99 billion at the current forex rate, on the reform of state-owned coal mines until 2020, according to the ministry`s coal industry reform program. Of the funds, UAH 10.572 billion, or $0.41 billion, will be allocated from the national budget. The ministry...

      Russia blocks Normandy meeting at G20 summit, separate meetings scheduled
      Aug30

      Russia blocks Normandy meeting at G20 summit, separate meetings scheduled

      Russian presidential aide Yury Ushakov has announced that no meeting in the Normandy format between the presidents of Germany, France and Russia is scheduled on the sidelines of the G20 summit in China, the leaders will have separate meetings, according to Russian news agency RIA Novosti. Russian President Vladimir Putin is scheduled to meet with...

      Ukraine extradites Moldovan businessman accused of money laundering
      Aug30

      Ukraine extradites Moldovan businessman accused of money laundering

      Ukrainian authorities have extradited businessman Veaceslav Platon, a citizen of Moldova and the Russian Federation, to Moldova, the Moldovan prosecutor general`s office reported on its website. ”Businessman Veaceslav Platon, who was arrested by the Ukrainian authorities at the request of the Moldovan prosecutors, was extradited to the Republic...

      Ukrainian banks` operating losses reduce by more than threefold
      Aug30

      Ukrainian banks` operating losses reduce by more than threefold

      Losses at Ukraine`s operating banks decreased by more than threefold in January-July 2016 to UAH 9.3 billion compared with the same period last year, according to a post on the National Bank of Ukraine`s (NBU`s) website. ”The drop in losses was solely due to the reduction in transfers to reserves under the banks` asset-side operations, since...

      France`s Hollande says real risk of escalation in Ukraine – Reuters
      Aug30

      France`s Hollande says real risk of escalation in Ukraine – Reuters

      French President Francois Hollande warned on Tuesday that tensions in Ukraine had worsened in recent months and were at risk of further deteriorating, according to Reuters. ”This summer, the situation has become much worse. The risks of escalation are high,” Hollande told an annual gathering of French ambassadors, as reported by Reuters. Hollande...

      Ukraine reports 1 killed and 9 wounded in actions in past 24 hours
      Aug30

      Ukraine reports 1 killed and 9 wounded in actions in past 24 hours

      One Ukrainian soldier was killed and nine others were wounded in fighting in eastern Ukraine in the past 24 hours, according to a spokesman for the Ukrainian Presidential Administration. ”There was one killed in action (KIA), nine wounded in action (WIA) and two cases of concussion,” Andriy Lysenko, administration spokesman for Anti-Terrorist...

      Ukraine government expands list of state entities subject to privatization
      Aug30

      Ukraine government expands list of state entities subject to privatization

      The government committee on economic, financial and legal policy; development of petroleum and energy complexes; and infrastructure, defense and law enforcement has approved the expansion of a list of state enterprises subject to privatization in 2016-2017 to 330 entities, First Deputy Economy Minister Yulia Kovaliv wrote on Facebook. The...

      Ukraine Agrarian Ministry seeks UAH 3 bln in state support for farmers in 2017
      Aug30

      Ukraine Agrarian Ministry seeks UAH 3 bln in state support for farmers in 2017

      Ukraine`s Ministry of Agrarian Policy and Food has proposed spending UAH 3 billion in state funds in 2017 to support small and medium-sized agricultural producers cultivating up to 500 ha of land or to provide tax breaks for them, according to the ministry`s press service. ”At least UAH 3 billion is required for direct financial support of small...

      Dzhemilev: West may pay dearly for flexibility in matters of Crimean occupation
      Aug30

      Dzhemilev: West may pay dearly for flexibility in matters of Crimean occupation

      The Ukrainian president`s envoy to the Crimean Tatar people and leader of the Crimean Tatar people, Ukrainian MP Mustafa Dzhemilev, believes that Western countries may pay dearly for their flexibility toward Russia in matters related to the occupation of Crimea. In an interview with Polish newspaper Gazeta Wyborcza, Dzhemilev said that Western...