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Section: Latest news

    Naftogaz deficit may be UAH 31.5 billion
    Dec24

    Naftogaz deficit may be UAH 31.5 billion

    The Finance Ministry expects that Naftogaz of Ukraine deficit will be UAH 31.5 billion next year. Deputy Finance Minister Ihor Umansky told a briefing Wednesday, an Ukrinform correspondent reports. “UAH 31.5 billion is in the draft budget to compensate a difference to Naftogaz for the purchase of imported gas, which is used by communal heating...

    West has allowed Russia to start war in Ukraine – Estonian president
    Dec24

    West has allowed Russia to start war in Ukraine – Estonian president

    Estonian President Toomas Ilves believes that the West has not adequately responded to Russian occupation of Crimea and Russian aggression in Donbas. He said this in an interview with the American Interest online news site. “Since the invasion and annexation of Crimea, we’ve seen the collapse of the Transatlantic security environment as...

    Contact Group on Ukraine meets in Minsk
    Dec24

    Contact Group on Ukraine meets in Minsk

    A meeting of the Contact Group on Ukraine, involving representatives of the OSCE, Kyiv and the self-proclaimed Donetsk and Luhansk “people’s republics,” has begun in Minsk, according to Interfax. The meeting of the trilateral contact group is being held in the center of Minsk at Dipservice Hall (Reception House). “It is...

    Finance Ministry expects gas price at $345
    Dec24

    Finance Ministry expects gas price at $345

    The Finance Ministry of Ukraine expects the average price for imported gas in 2015 to be $345 per thousand cubic meters. Deputy Finance Minister Ihor Umansky said this at a briefing on Wednesday, an Ukrinform correspondent reported. “The price is $345. This is the price calculated by NJSC Naftogaz of Ukraine in the current conditions in...

    Presidential Administration hopes holidays will not prevent agreement with IMF
    Dec24

    Presidential Administration hopes holidays will not prevent agreement with IMF

    The next macro-financial assistance package from the EU and the next IMF tranche are expected in late January 2015. Deputy Head of Ukraine’s Presidential Administration Valeriy Chaly said this at a briefing in Kyiv on Wednesday, an Ukrinform correspondent reported. “There is a political decision regarding IMF and EU assistance. Now,...

    Ukraine in talks on electricity imports from Moldova and Belarus
    Dec24

    Ukraine in talks on electricity imports from Moldova and Belarus

    The Ukrainian Energy and Coal Industry Ministry is holding talks on electricity supply not only with Russia, but also with Moldova and Belarus. Energy and Coal Industry Minister Volodymyr Demchyshyn said this at a Cabinet of Ministers meeting on Wednesday, an Ukrinform correspondent reported. “The Ukrainian side has held negotiations with...

    Ukraine to benefit from ban on trade with Donbas and Crimea – Semenchenko
    Dec24

    Ukraine to benefit from ban on trade with Donbas and Crimea – Semenchenko

    The ban for Ukrainian producers to trade with Donbas and Crimea will benefit Ukraine. MP from Samopomich Semen Semenchenko said this, while answering a question about which party would lose from such a ban, in an interview with the Ukrainska Pravda online news website. “I think who will benefit from this, and Ukraine, indeed, will benefit...

    NBU will revise inflation outlook for 2015
    Dec24

    NBU will revise inflation outlook for 2015

    The National Bank of Ukraine makes revision of own outlook of the inflation rate for 2015. A letter of NBU governor Valeria Hontareva reads, addressed to head of the Parliamentary Budget Committee Andriy Pavelko, the regulator’s press service informs. “Now, we are making a revision of the inflation outlook for 2015 due to the expected...

    Talks in Minsk may continue in Normandy format
    Dec24

    Talks in Minsk may continue in Normandy format

    A meeting in the Normandy format could be held after a meeting of the trilateral contact group in Minsk. Deputy Head of Ukraine’s Presidential Administration Valeriy Chaly said this at a briefing in Kyiv on Wednesday, an Ukrinform correspondent reports. “The trilateral group resolves only operational and tactical issues, but there are...

    Yatseniuk orders energy ministry to tackle power outages more quickly
    Dec24

    Yatseniuk orders energy ministry to tackle power outages more quickly

    Ukraine’s Ministry of Energy and Coal Industry should accelerate the resolution of problems with energy supply and the provision of Ukrainian power plants with coal. Ukrainian Prime Minister Arseniy Yatseniuk made this request at a cabinet meeting on Wednesday, an Ukrinform correspondent reported. “Mr. Minister, I’m asking you...

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