Section: News & Summaries

      NBU mulls further rate cuts following slowdown in inflation
      Jun10

      NBU mulls further rate cuts following slowdown in inflation

      Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Solohub says the central bank plans to further reduce its refinancing rate in line with the slowdown in headline inflation.”If it keeps going that way, we will continue to ease our monetary policy,” Solohub said during the presentation of the regulator`s financial stability report,...

      Ukroboronprom sets up Ukrainian Aircraft Corporation based on Antonov
      Jun10

      Ukroboronprom sets up Ukrainian Aircraft Corporation based on Antonov

      Ukraine`s major state-owned arms manufacturer Ukroboronprom has created the Ukrainian Aircraft Corporation within its structure, thereby combining all aircraft manufacturing enterprises of the country into a single cluster, according to the concern`s press service.As noted, the State Enterprise Antonov will be the corporation`s core enterprise....

      White House: Minsk deal may be implemented by end of Obama`s administration
      Jun10

      White House: Minsk deal may be implemented by end of Obama`s administration

      The White House is pushing hard to have a Russia-Ukraine peace deal implemented by the time U.S. President Barack Obama leaves office, top national security adviser Susan Rice said on Thursday, according to Reuters.Rice, who coordinates foreign policy at the White House, said she saw potential for resolution in the Ukraine crisis by the end of...

      Russian political scientist says when Kremlin to face serious internal problems
      Jun10

      Russian political scientist says when Kremlin to face serious internal problems

      An independent Russian political scientist Dmitry Oreshkin believes that the Kremlin will face serious problems during the next presidential elections in 2018.The gloomy forecast is due to the fact that there are no prerequisites for economic growth in the Russian Federation, he said in an interview with ONLINE.UA.Asked whether the elections in...

      Ukraine awaits WTO response on Russia`s restrictions of farm produce transit
      Jun10

      Ukraine awaits WTO response on Russia`s restrictions of farm produce transit

      A Ukrainian delegation at a meeting of the World Trade Organization`s Committee on Agriculture has once again raised an issue concerning the limitation by Russia of the transit of farm produce to Kazakhstan, according to the Ukrainian Ministry of Economic Development and Trade`s press service.It is reported that the Russian delegation did not...

      Fiscal Service recovers almost UAH 500 bln during procurement inspections
      Jun10

      Fiscal Service recovers almost UAH 500 bln during procurement inspections

      The State Fiscal Service of Ukraine (SFS) has recovered UAH 499.3 million to the state budget based on the results of inspections in a public procurement sector, according to a posting on the SFS website.It is reported that a total of 191 criminal proceedings have been registered in the Unified Register of pre-trial investigations for violations...

      First clashes at EURO-2016 in Marseille
      Jun10

      First clashes at EURO-2016 in Marseille

      First clashes reported at the EURO-2016 football tournament in Marseille, France, according to TSN news service.English football fans scuffled with their French ”rivals” at one of the local pubs, TSN reports.While details of how the altercation started remain unknown, the ensuing fight involved chairs being thrown and punches exchanged.Police...

      Ukraine`s visa-free travel to EU delayed – WSJ
      Jun10

      Ukraine`s visa-free travel to EU delayed – WSJ

      Bloc`s biggest member states raise new concerns over the issue of granting Ukraine, Georgia and Kosovo the visa-free regime, pushing the approval to September at the earliest, The Wall Street Journal reports.On Wednesday, the ambassadors from the EU`s 28 nations failed to gather enough support to back the move toward the visa lift, according to...

      Toughest period of crisis over – NBU Governor
      Jun10

      Toughest period of crisis over – NBU Governor

      Ukraine`s banking system has overcome the hardest period of the crisis but it remains vulnerable to external shocks and internal risks, said Governor of the National Bank of Ukraine (NBU) Valeria Gontareva when presenting the regulator`s financial stability report.Gontareva noted that the resumption of lending is curbed by significant debt burden...

      Russian proxies attack Ukraine 46 times in last day
      Jun10

      Russian proxies attack Ukraine 46 times in last day

      The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 46 times in the past 24 hours, according to the press center of the Anti-Terrorist Operation (ATO) Headquarters.In the Luhansk sector, the enemy fired grenade launchers of various systems on the Ukrainian positions near the villages of Stanytsia Luhanska,...