: :inin Kyiv (EET)

Section: News & Summaries

    Ukraine more than triples cranberry, blueberry exports in 2016
    Mar29

    Ukraine more than triples cranberry, blueberry exports in 2016

    Ukrainian agri-businesses exported 2,900 tonnes of cranberries and blueberries last year, which was 3.3 times more than in 2015, according to the press service of Ukraine`s Ministry of Agrarian Policy and Food. The shipments in monetary terms amounted to $6.9 million, it said. Poland, the Netherlands and Belarus were the biggest importers of...

    Russian Sberbank`s Ukrainian subsidiary to be sold for about $130 mln
    Mar29

    Russian Sberbank`s Ukrainian subsidiary to be sold for about $130 mln

    The sum is comparable to the capital of Russia`s Sberbank subsidiary in Ukraine PJSC Sberbank, which is estimated at $144 million, according to international accounts for January-September 2016, Kommersant publication reports citing its sources. All funds will be transferred immediately after the purchase and sale contract comes into force, the...

    Donetsk militants open fire as OSCE monitors try to enter occupied village of Kozatske
    Mar29

    Donetsk militants open fire as OSCE monitors try to enter occupied village of Kozatske

    Russian-controlled militants of the ”DPR” terrorist organization have opened fire to force the Special Monitoring Mission`s patrol out of the eastern part of the occupied Kozatske in Donetsk region, according to the OSCE spot report. ”At 11:07 on 28 March, an SMM patrol composed of six members and two armored vehicles approached a compound where...

    London Court greenlights expedited consideration of ”Yanukovych debt” case; Ukraine to appeal
    Mar29

    London Court greenlights expedited consideration of ”Yanukovych debt” case; Ukraine to appeal

    The High Court of Justice in England on Wednesday, March 29, approved a motion for expedited consideration of Russia`s lawsuit against Ukraine regarding the so-called ”$3 billion Yanukovych debt,” having not recognized the validity of Ukraine`s arguments in this case, Finance Minister Oleksandr Danyliuk told a Kyiv briefing. ”We just received a...

    IMF technical mission on tax policy completes work in Ukraine
    Mar29

    IMF technical mission on tax policy completes work in Ukraine

    A technical mission of the International Monetary Fund (IMF) on tax policy has completed its work in Ukraine as part of a two-week visit, according to the Ukrainian Finance Ministry. ”The Ministry of Finance has been advised, in particular, on regulations on funds transfer pricing, an improvement in the simplified tax system and the introduction...

    Ukraine leaders condemn attack on Polish Consulate in Lutsk
    Mar29

    Ukraine leaders condemn attack on Polish Consulate in Lutsk

    Ukrainian President Petro Poroshenko on Wednesday strongly condemned the attack on the Consulate General of Poland in Lutsk, while the country`s Foreign Minister Pavlo Klimkin expressed outrage over the act which he called ”provocation.” ”The president strongly condemned the shelling of the Consulate General of Poland in Lutsk,” Poroshenko`s...

    Toshiba to declare nuclear service company Westinghouse bankrupt
    Mar29

    Toshiba to declare nuclear service company Westinghouse bankrupt

    Japanese Toshiba`s subsidiary company Toshiba Westinghouse Electric, the American-Japanese company servicing nuclear power plants, will be declared bankrupt due to losses reaching $7 billion with another $2 billion to be lost due to the bankruptcy procedure, according to Reuters. Toshiba plans to file for Westinghouse Electric`s bankruptcy on...

    NBU streamlines requirements for eligible collateral against emergency liquidity assistance loans
    Mar29

    NBU streamlines requirements for eligible collateral against emergency liquidity assistance loans

    The NBU expanded the list of eligible collateral for ELA and simplified the procedural formalities, according to the central bank`s website. The new Emergency liquidity assistance (ELA) facility was put in place in December 2016. ELA loans are intended to cover temporary liquidity shortages experienced by a bank, which is provided in the event of...

    Ukraine apple exports to EU soar by 347 times over past 3 years
    Mar29

    Ukraine apple exports to EU soar by 347 times over past 3 years

    Ukrainian farmers increased exports of apples to the European Union by 347 times compared to 2013, while those to Asian countries rose by 55 times, according to the Ukrainian Agrarian Policy and Food Ministry`s press service. ”The shipments of apples from Ukraine to the EU countries grew by 347 times, to 1,130 tonnes in 2016 against 2013. Apple...

    Occupation of Donbas, Crimea makes Ukrainian exports lose almost $14 bln – economy ministry
    Mar28

    Occupation of Donbas, Crimea makes Ukrainian exports lose almost $14 bln – economy ministry

    Export losses due to the occupation of Donbas and Crimea amounted to US$12.9 billion, while total export losses of Ukraine amounted to $25.2 billion over the past years, that`s according to a draft export strategy, published on the website of the Ministry of Economic Development and Trade. ”The cost of export losses at the expense of these areas...

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