: :inin Kyiv (EET)

Section: News & Summaries

    Russia has huge sum losses because of maritime sanctions for illegally annexed Crimea
    Nov29

    Russia has huge sum losses because of maritime sanctions for illegally annexed Crimea

    Due to dramatic decrease of public and freight sea transportation to occupied Crimea Kremlin have to fill the gap in up to 200 vessels, Ukraine Today reports citing BlackSeaNews and Maidan of Foreign Affairs. Although Kremlin keeps telling that foreign naval vessels ignore the sanctions and sail to Crimea, the majority of vessels that carry...

    Ukraine cancels obligatory state registration of investment
    Nov29

    Ukraine cancels obligatory state registration of investment

    The Ukrainian government has abolished the obligatory state registration and re-registration of investment, which has been effective since 2013, according to government resolution No. 661, which was published on its website. The relevant decision has been made pursuant to current legislation and is believed to significantly facilitate investment....

    Oil prices fell over 1 percent before OPEC official meeting on Wednesday
    Nov29

    Oil prices fell over 1 percent before OPEC official meeting on Wednesday

    Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices, according to Reuters. Non-OPEC oil production giant Russia confirmed on Tuesday that it would not...

    Ukraine condemns extension of Sushchenko`s arrest in Russia
    Nov29

    Ukraine condemns extension of Sushchenko`s arrest in Russia

    Ukraine`s Ministry of Foreign Affairs has expressed protest against the ruling by Moscow`s Lefortovo district court to extend Ukrainian journalist Roman Sushchenko`s arrest. ”The case is politically motivated. Another hostage of Russian aggression. We express protest and demand the release of Roman Sushchenko,” spokesperson for the Ukrainian...

    We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk
    Nov29

    We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk

    During his visit to Brussels on Monday, November 28, leader of the Popular Front Party, Ukraine`s former Prime Minister Arseniy Yatsenyuk met with Vice-President of the European Commission Maros Sefcovic. After the meeting, the leader of the Popular Front said that the issues were discussed in particular on energy security. He recalled that the...

    Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln
    Nov29

    Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln

    The average savings in tenders was at 13%, while the average number of bidders was 2.5 for each tender. Budget savings due to the use of the system of electronic public procurement Prozorro, extended to all state customers from August 1, was UAH 7.03 billion as of November 28. Relevant information was published in Prozorro business analytics...

    Corporatization of five enterprises of Ukroboronprom, agreed, including Antonov
    Nov28

    Corporatization of five enterprises of Ukroboronprom, agreed, including Antonov

    Corporatization procedure is already underway in two companies of Ukroboronprom: 2nd Repair Plant of Communication Devices and Kherson Factory of Ship Equipment and Ship Fittings. State Concern Ukroboronprom, which unites Ukraine`s main defense enterprises, and the Ministry of Economic Development and Trade agreed on a possibility of...

    Ukraine`s consolidated budget sees UAH 27 bln deficit in 10 months
    Nov28

    Ukraine`s consolidated budget sees UAH 27 bln deficit in 10 months

    The deficit of Ukraine`s consolidated budget in January-October 2016 amounted to UAH 26.866 billion (US$1.044 billion), against a surplus of UAH 26.792 billion ($1.042 billion) registered in the same period of 2015, according to Ukraine`s State Treasury Service. The deficit of the national budget in the ten months of 2016 was estimated at UAH...

    Lutsenko: Azarov next to be charged with high treason
    Nov28

    Lutsenko: Azarov next to be charged with high treason

    Prosecutor General of Ukraine Yuriy Lutsenko does not rule out that former Ukrainian Prime Minister Mykola Azarov may soon be served with charges of high treason and encroachment on Ukraine`s territorial integrity and inviolability, according to an UNIAN correspondent. ”I do not rule out that former Ukrainian Prime Minister Mykola Azarov will be...

    Yanukovych`s testimony void, he was caught lying many times – prosecutor
    Nov28

    Yanukovych`s testimony void, he was caught lying many times – prosecutor

    Prosecution was not satisfied with the fact that, given the limited time of the interrogation, it was unable to ask Yanukovych most questions. PGO prosecutor Oleksiy Donskoy said that the questioning of ex-president Viktor Yanukovych has shown that his testimony was void and that he had lied repeatedly, an UNIAN correspondent reported from a...

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