: :inin Kyiv (EET)

Section: News & Summaries

    Stockholm arbitration completes oral hearings of Naftogaz-Gazprom case
    Oct17

    Stockholm arbitration completes oral hearings of Naftogaz-Gazprom case

    The Arbitration Institute of the Stockholm Chamber of Commerce has completed oral hearings of the proceedings over mutual claims by NJSC Naftogaz of Ukraine and Russian gas monopoly Gazprom, Naftogaz`s press service reported. The court also heard experts and witnesses of the proceedings. ”Oral hearings of the consolidated case with mutual claims...

    NBU to seek to minimize its presence on forex market
    Oct17

    NBU to seek to minimize its presence on forex market

    The National Bank of Ukraine (NBU) intends to minimize its presence on the foreign exchange market, which is linked to the achievement of target levels of the NBU international reserves, Chief of the NBU`s Open Markets Department Serhiy Ponomarenko said at a briefing when presenting a strategy on foreign exchange interventions developed by the...

    EU to allocate EUR 104 mln to support Ukraine`s Public Administration Reform
    Oct17

    EU to allocate EUR 104 mln to support Ukraine`s Public Administration Reform

    The European Union will launch a program to support Ukraine in implementing a comprehensive Public Administration Reform (PAR) Strategy before the end of 2016, with funding of EUR 104 million for the period 2016-2020, the European Bank for Reconstruction and Development (EBRD) has reported. ”A large EU program aiming at supporting Ukraine in...

    EU envoy urges Ukrainian Parliament to speed up process of implementing reforms in Ukraine
    Oct17

    EU envoy urges Ukrainian Parliament to speed up process of implementing reforms in Ukraine

    Head of the EU Delegation to Ukraine Hughes Mingarelli calls on the Verkhovna Rada to speed up the process of implementation of reforms, according to a UNIAN correspondent. Speaking at a panel discussion titled: ”Parliaments and comprehensive democratic reform” in Kyiv on Monday, he said that Ukraine was set for the implementation of an ambitious...

    Brave investors wanted as Ukraine exits recession period
    Oct17

    Brave investors wanted as Ukraine exits recession period

    Luring investment into a war-torn and recession-battered country can be hard work. Yet, in Lviv, more than 1,300km away from a smouldering war with Russian-backed separatists over the industrial far-eastern regions, Japan`s Fujikura has opened a car parts factory, Ukraine Today reports referring to The Financial Times. A 22-year-old blue-collar...

    Ukrainian Parliament to consider draft budget for 2017 this week – Speaker
    Oct17

    Ukrainian Parliament to consider draft budget for 2017 this week – Speaker

    The Verkhovna Rada of Ukraine intends to consider the draft state budget for 2017 in the first reading this week, Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy wrote on Twitter. ”We will promptly consider the budget this week. In accordance with the regulations, the Verkhovna Rada should do this by October 20,” he tweeted. As UNIAN...

    Gazprom-Naftogaz contract implies no gas discount: Russian Energy Minister
    Oct17

    Gazprom-Naftogaz contract implies no gas discount: Russian Energy Minister

    The gas price stipulated by the contract involving Russia`s Gazprom and Ukraine`s Naftogaz is lower than that on the European market, so there is no ground for a discount, Russia`s Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Monday, according to Russian news agency TASS. ”As for the discount,...

    BRICS urges Europe to cede two chairs in IMF to African states
    Oct17

    BRICS urges Europe to cede two chairs in IMF to African states

    The leaders of the BRICS (Brazil, Russia, India, China and South Africa) have called on European countries to cede two chairs on the Executive Board of the International Monetary Fund in favor of the least developed countries, including those in Africa. ”We call for the advanced European economies to meet their commitment to cede two chairs on...

    EU not considering Russia sanctions over Syria – Mogherini
    Oct17

    EU not considering Russia sanctions over Syria – Mogherini

    The EU is not considering sanctions against Russia for its role in Syria but further measures against its ally Damascus are possible, the bloc`s foreign affairs head Federica Mogherini said Monday, according to The Daily Mail. ”This has not been proposed by any member state,” Mogherini said as she arrived for a meeting of EU foreign ministers...

    Russia Today bank accounts `frozen in UK` – media
    Oct17

    Russia Today bank accounts `frozen in UK` – media

    Britain has blocked Russian broadcaster RT`s bank accounts, RT Editor-in-Chief Margarita Simonyan said on Monday via social media, according to The Telegraph. ”Our accounts have been blocked in Britain. All of our accounts. `The decision cannot be appealed`. Long live freedom of speech!” Simonyan wrote. She did not say why the accounts had been...

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