Section: Latest news

      Parubiy closes parliament`s meeting due to blocking of rostrum
      Jul05

      Parubiy closes parliament`s meeting due to blocking of rostrum

      Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy opened the evening parliamentary session late, but had to immediately close it because of a blocked rostrum and presidium by MPs from Batkivshchyna and Radical Party, an UNIAN correspondent reported.Parubiy said it was necessary to hold political consultations ”to enable the Verkhovna Rada...

      Informal economic sector accounts for 40% of Ukraine GDP – Economy Ministry
      Jul05

      Informal economic sector accounts for 40% of Ukraine GDP – Economy Ministry

      The shadow economy is estimated to account for 40% of Ukraine`s GDP in 2015, as stated in a special report of the Ministry of Economic Development and Trade.”On the one hand, the informal sector revenues of all economic entities becomes a source of unequal distribution of income between different population groups and economic sectors, leading to...

      Ukraine posts UAH 341 mln in revenues from pension taxation in Jan-June
      Jul05

      Ukraine posts UAH 341 mln in revenues from pension taxation in Jan-June

      The state budget of Ukraine received UAH 341.1 million in revenues from pension taxation in January-June, the press service of the State Fiscal Service (SFS) reported.The amount of the tax paid in 2015 was estimated at UAH 1.08 billion, according to the report.The SFS recalled that from July 1 this year, pensions are exempt from taxation that do...

      ”1st combat test”: Poroshenko links liberation of Slaviansk with revival of Ukrainian army
      Jul05

      ”1st combat test”: Poroshenko links liberation of Slaviansk with revival of Ukrainian army

      The liberation of the town of Slaviansk form the Russian-backed militants became a turning point in the revival of the Armed Forces of Ukraine, Ukrainian President Petro Poroshenko said during celebrations in Slaviansk on the occasion of the second anniversary of the liberation of the northern towns of Donetsk region from the Russian-backed...

      Reuters: Russia to exhaust Reserve Fund in 2017 – Finance Ministry proposal
      Jul05

      Reuters: Russia to exhaust Reserve Fund in 2017 – Finance Ministry proposal

      Russia will exhaust one of its sovereign funds next year to cover the budget deficit, according to a finance ministry proposal submitted to the government, according to Reuters.It will also spend about a sixth of another of its funds on covering the budget shortfall, the proposal stated, even though that fund was originally intended to cover...

      Rada greenlights arrest of MP Onyshchenko after he flees Ukraine
      Jul05

      Rada greenlights arrest of MP Onyshchenko after he flees Ukraine

      The Verkhovna Rada of Ukraine at its meeting July 5 supported the proposal of Prosecutor General Yuriy Lutsenko to prosecute, detain, and arrest MP from the Volia Narodu [Will of the People] faction Oleksandr Onyshchenko, who has already fled Ukraine, reportedly to Austria.The Parliament voted separately for each of the three motions.Thus, 275...

      Ukraine PM sees $12 bln aid lift as pension revamp looms – Bloomberg
      Jul05

      Ukraine PM sees $12 bln aid lift as pension revamp looms – Bloomberg

      Ukraine`s prime minister sees the country receiving $12 billion of international aid this year and said his cabinet is gearing up to tackle the controversial issue of pension reform, according to Bloomberg.The figure includes more than $4 billion in transfers from the International Monetary Fund, as well as bilateral assistance from allies such...

      Ukraine seeks to set up joint production of lethal weapons with U.S. – Ambassador
      Jul05

      Ukraine seeks to set up joint production of lethal weapons with U.S. – Ambassador

      The Ukrainian side is ready to deepen cooperation with the U.S. in the military-industrial sphere to set up a joint production of lethal weapons, Ambassador of Ukraine to the United States Valeriy Chaly said in an interview with Ukrainian TV Channel 5, ZN.ua reports.According to the diplomat, in such a way Kyiv can compensate for Western...

      Polish presidents, intellectuals, public figures ask Ukraine to forgive historical crimes
      Jul05

      Polish presidents, intellectuals, public figures ask Ukraine to forgive historical crimes

      Polish media published an open letter from three former Polish presidents, intellectuals, journalists, community and religious leaders addressing the Ukrainian nation: ”Thank you for your letter, and please forgive the wrongdoings committed by the Polish against their brothers – Ukrainian people,” according to Ukraine Today.This is a...

      Three Ukrainian soldiers killed, 13 wounded in Donbas in last day
      Jul05

      Three Ukrainian soldiers killed, 13 wounded in Donbas in last day

      Three Ukrainian soldiers were killed and another 13 were wounded in the Donbas conflict zone in the last 24 hours, presidential administration spokesman for the Anti-Terrorist Operation Colonel Andriy Lysenko said at a briefing in Kyiv on Tuesday, according to an UNIAN correspondent.”In the last day, we lost three Ukrainian soldiers, and another...