Section: News & Summaries

      Senior IMF official talks about ”advanced stage” of talks with Ukraine
      Jun09

      Senior IMF official talks about ”advanced stage” of talks with Ukraine

      First Deputy Managing Director of the IMF David Lipton has said in an interview with the Novoye Vremia weekly that the revision of the cooperation program with Ukraine is now at an advanced stage.”The Ukrainian government has taken important steps for the completion of the revision of the program. The discussion on the revision (third tranche...

      NBU eases requirements for purchasing foreign currency under $6,000
      Jun09

      NBU eases requirements for purchasing foreign currency under $6,000

      The National Bank of Ukraine (NBU) has cancelled a requirement for banks to make copies of ID`s with foreign individual exchange operations not exceeding UAH 150,000 ($6,000).Relevant resolution No. 341 will come into effect on June 15.Individuals still need to provide identification documents, but banks will only be required to make copies when...

      Netherlands to discuss referendum`s results on Ukraine Association at EU summit
      Jun09

      Netherlands to discuss referendum`s results on Ukraine Association at EU summit

      Dutch delegation wants to discuss at the upcoming EU summit June 28-29 possible solutions to the situation that has developed over the Ukraine-EU Association Agreement considering a negative stance voiced by of the Dutch voters in the referendum, an UNIAN correspondent in Brussels reports.Foreign Minister of the Netherlands Bert Koenders wrote a...

      Gazprom`s Nord Stream-2 project faces new challenges
      Jun09

      Gazprom`s Nord Stream-2 project faces new challenges

      Germany`s Federal Minister for Economic Affairs and Energy Sigmar Gabriel stated there were three conditions for his country to support the Nord Stream-2 gas pipeline project, Russian newspaper Vedomosti reported.According to Gabriel, the project must meet the requirements of the EU legislation, not threaten the transit of gas from Russia via...

      Kyiv Zhulyany Airport to be named after Ukrainian genius Sikorsky
      Jun09

      Kyiv Zhulyany Airport to be named after Ukrainian genius Sikorsky

      Kyiv International Airport can be renamed after the Ukrainian aircraft designer genius Ihor Sikorsky, the press service of Kyiv City State Administration has reported.On Wednesday meeting, the Commission for names of Kyiv City State Administration decided to bring to the public discussion of the issue of assigning the airport the name of the...

      Chinese, Russian warships sail near disputed East China Sea islands – Reuters
      Jun09

      Chinese, Russian warships sail near disputed East China Sea islands – Reuters

      Japan is concerned over three Russian and one Chinese warship sailing close to what Japan considers its territorial waters in the East China Sea for the first time, increasing tensions over the disputed area, according to Reuters.Japan said a Chinese frigate sailed within 24 miles (38 km) of the contested territory, the islands known as the...

      Russia to set up joint air defense system with ex-Soviet allies
      Jun09

      Russia to set up joint air defense system with ex-Soviet allies

      Russia is working on setting up a joint air defense system with all of its ex-Soviet military allies, a senior official said on Wednesday, according to Channel NewsAsia.”The merger of regional air defense systems will pave the way for creating a common air defense (system) over the entire territory of the Collective Security Treaty Organization,”...

      Russia`s independent media take on state TV
      Jun09

      Russia`s independent media take on state TV

      Russia`s NTV state television channel is facing an unexpected backlash over a bit of its trademark anti-Western rhetoric, RFE/RL reports.After NTV accused a newspaper of doing Washington`s bidding, independent media have rallied to defend their colleagues, launching a nationwide campaign to denounce propaganda on state television, according to...

      Gas price for Ukraine ”absolutely comfortable” – Russian Energy Minister
      Jun09

      Gas price for Ukraine ”absolutely comfortable” – Russian Energy Minister

      Russian Energy Minister Alexander Novak said the contract price of Russian gas for Ukraine in the second quarter of 2016 was ”absolutely comfortable” even without discounts, and Moscow was not willing to discuss lower prices with Kyiv, according to RBC.Novak recalled that the contract price of Russian gas in the second quarter of 2016 is...

      Russian proxies attack Ukraine 43 times in last day amid escalation
      Jun09

      Russian proxies attack Ukraine 43 times in last day amid escalation

      The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 43 times in the past 24 hours, according to the press center of the Anti-Terrorist Operation (ATO) Headquarters.In the Donetsk sector, the Russian-backed mercenaries fired from all types of small arms and mortars of various calibers on the Ukrainian...