: :inin Kyiv (EET)

Section: News & Summaries

    Rozenko estimates shadow wage market at UAH 200 billion
    Dec23

    Rozenko estimates shadow wage market at UAH 200 billion

    Social Policy Minister Pavlo Rozenko says that the shadow wage market is about UAH 200 billion today. He said in his speech at the Verkhovna Rada Tuesday. Rozenko also added that next year subsidies to the Pension Fund budget will make up UAH 90 billion. According to him, this amount is necessary for payment of pensions “in misery amounts.” If...

    Moody’s predicts 6% drop in Ukrainian economy
    Dec23

    Moody’s predicts 6% drop in Ukrainian economy

    Moody’s international rating agency has predicted a slowdown in the fall of Ukraine’s GDP in 2015 to 6%, according to statement posted on Moody’s website. “Moody’s expects Ukraine’s economy to contract by 7.5% in 2014 and by a further 6% in 2015, although the latter is subject to a high level of uncertainty...

    VERKHOVNA RADA CANCELS UKRAINE’S NON-BLOC STATUS
    Dec23

    VERKHOVNA RADA CANCELS UKRAINE’S NON-BLOC STATUS

    The Verkhovna Rada has adopted as a basis and as a whole presidential bill No. 1014-3 introducing amendments to certain laws of Ukraine on Ukraine’s refusal to implement non-alignment policy. A total of 303 MPs voted for this decision at a parliament meeting on Tuesday.

    Rada fails amendments to law on NSDC
    Dec23

    Rada fails amendments to law on NSDC

    People’s deputies did not accept the second reading of the presidential amendments to the bill No.1343 “On Amendments to the Law of Ukraine “On the National Security and Defense Council of Ukraine,” which improves coordination and monitoring of national security and defense. 223 deputies voted for this decision. Then the...

    President sees no alternative to Ukraine’s Euro-Atlantic course
    Dec23

    President sees no alternative to Ukraine’s Euro-Atlantic course

    Ukraine’s membership of the EU and NATO is the road that has no alternatives. Ukrainian President Petro Poroshenko said this during a traditional pre-New Year diplomatic reception for the heads of diplomatic missions and representatives of foreign states, the presidential press service reported. “Being part of Europe is the only...

    Draft budget. Main macroeconomic indicators
    Dec23

    Draft budget. Main macroeconomic indicators

    A forecast of economic and social development of Ukraine for 2015 provides for two scenarios. This is stated in the draft state budget, which is published on the Verkhovna Rada website. The conservative scenario, which was taken as the basis for calculation of the budget, involves reducing GDP by 4.3%. At the same time, nominal GDP is projected...

    Medvedev says Ukraine is Russia’s potential military adversary
    Dec23

    Medvedev says Ukraine is Russia’s potential military adversary

    Russian Prime Minister Dmitry Medvedev has said that Russia will respond to the cancellation by Ukraine of its non-aligned status. He wrote this on his Facebook page. “The U.S. president signed the anti-Russian law that gives any U.S. president the right to use sanctions against our country at any time. As in the case of the Jackson-Vanik...

    Rada wants Hontareva’s report today
    Dec23

    Rada wants Hontareva’s report today

    The Radical Party of Liashko faction demands that NBU governor Valeria Hontareva reported to the Verkhovna Rada today on how she is going to stabilize the currency rate. Faction leader Oleh Liashko said in his speech in the Verkhovna Rada, an Ukrinform correspondent reports. “We demanded yesterday that Hontareva was in Rada today, however, she is...

    EU ready to allocate third package of financial assistance to Ukraine early next year
    Dec23

    EU ready to allocate third package of financial assistance to Ukraine early next year

    Ukrainian President Petro Poroshenko and European Commission President Jean-Claude Junckerhave discussed economic and financial cooperation between Ukraine, the EU and international financial organizations. The presidential press service reported this, citing a telephone conversation between Poroshenko and Juncker. The Ukrainian president thanked...

    Yatseniuk wants to increase taxes for oligarchs
    Dec23

    Yatseniuk wants to increase taxes for oligarchs

    The Cabinet of Ministers will submit to the Verkhovna Rada of Ukraine the bills envisaging an increase in taxes for oligarchs. Ukrainian Prime Minister Arseniy Yatseniuk said this, while opening a government meeting on Monday, an Ukrinform correspondent reported. “As part of tax fairness we are introducing new approaches to the taxation of...

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