Section: Latest news

      Fomenko officially resigns as coach of Ukraine`s national football team
      Jun23

      Fomenko officially resigns as coach of Ukraine`s national football team

      Mykhailo Fomenko has said that he is resigning from his post as the head coach of the Ukrainian national football team after its poor performance at Euro 2016 in France, the Football Federation of Ukraine`s press service reported.”What sense does it make to continue after failing with the task that was set for the tournament?” Fomenko said.”I...

      Social Ministry plans subsidy system transformation in 2017
      Jun23

      Social Ministry plans subsidy system transformation in 2017

      Vice Prime Minister Pavlo Rozenko says the national subsidy system introduced by the government in 2015 has achieved its main objectives, and therefore it must be transformed as early as in 2017.”The system of subsidies has fulfilled its main task set for 2015-2016. The size of a subsidy at the peak of the heating season reached about UAH 1,400...

      Gazprom offers ”good” price of gas to Ukraine
      Jun23

      Gazprom offers ”good” price of gas to Ukraine

      Russia has offered Ukraine a ”good” price for gas in the third quarter of 2016, Russian news agency RBC reported citing Deputy Chairman of the Management Board at Gazprom Alexander Medvedev.As known, NJSC Naftogaz of Ukraine has refused to buy Russian gas at a price proposed by Russia`s energy giant Gazprom, arguing that it was not...

      NBU governor expects disbursement of $1 bln from IMF in mid-July
      Jun23

      NBU governor expects disbursement of $1 bln from IMF in mid-July

      The International Monetary Fund`s Executive Directors will decide on the disbursement of the next loan tranche to Ukraine at their July meeting and its amount will reportedly reach $1 billion, Governor of the National Bank of Ukraine (NBU) Valeria Gontareva told reporters on June 23.”The meeting of the IMF Executive Directors will be held in...

      One Ukrainian soldier killed, 11 wounded in Donbas in last day
      Jun23

      One Ukrainian soldier killed, 11 wounded in Donbas in last day

      One Ukrainian soldier was killed and another 11 were wounded in the Donbas conflict zone in the last 24 hours, head of the press center of the Anti-Terrorist Operation headquarters, Colonel Oleksandr Motuzianyk said at a briefing on Thursday, according to an UNIAN correspondent.”In the last day, we lost one Ukrainian soldier, and another 11 were...

      Groysman: Energy Efficiency Fund to be launched in 2017
      Jun23

      Groysman: Energy Efficiency Fund to be launched in 2017

      Ukrainian Prime Minister Volodymyr Groysman expects that the Energy Efficiency Fund will start working in Ukraine as early as 2017, and in this regard it is necessary to take the whole regulatory framework before the end of this year.”I`d really like that we decide to set up an Energy Efficiency Fund, to create it before the end of 2016 and...

      Russia`s capital outflow to amount to $25 bln in 2016
      Jun23

      Russia`s capital outflow to amount to $25 bln in 2016

      Net capital outflow from Russia will amount to about $25 billion in 2016, Russian Economic Development Minister Alexey Ulyukayev told journalists, according to RIA Novosti.”I agree with the chairman of the Bank of Russia that the capital outflow may be reduced to $25 billion. It is very close to our expectations,” he said.On June 17, the Bank of...

      NATO-agreed large-scale reform of Def. Ministry to be completed by year-end
      Jun23

      NATO-agreed large-scale reform of Def. Ministry to be completed by year-end

      The Ministry of Defense of Ukraine plans to complete transformation before the end of the year, Ukraine`s Deputy Defense Minister Ihor Dolhov told journalists at Ivan Cherniakhovskiy National Defense in Kyiv, according to an UNIAN correspondent.”A large-scale reform of the Ministry of Defense has begun. This reform will be mostly completed before...

      NBU cuts key policy rate to 16.5%
      Jun23

      NBU cuts key policy rate to 16.5%

      The Board of the National Bank of Ukraine (NBU) has decided to cut the key policy rate to 16.5%, effective June 24, 2016. Further easing of monetary policy fully complies with inflation target for 2016 and 2017 and takes place under conditions of steady inflationary pressure reduction, improved inflation expectations and stable foreign exchange...

      Groysman: Tymoshenko`s gas contract ”betrayal of national interests”
      Jun23

      Groysman: Tymoshenko`s gas contract ”betrayal of national interests”

      Ukrainian Prime Minister Volodymyr Groysman has said that the gas contract with Russia signed by the government of Yulia Tymoshenko in 2009, fixing the price at $450 per 1,000 cubic meters, resulted in tens of billions of dollars in Russian claims, adding that it was in fact a betrayal of national interests.”There is a clear view in the expert...