: :inin Kyiv (EET)

Section: News & Summaries

    Ukraine`s Finance Ministry awaits Russia`s next steps on $3 bln debt
    Jul15

    Ukraine`s Finance Ministry awaits Russia`s next steps on $3 bln debt

    The Law Debenture Trust Corporation Plc, acting at the direction and for the benefit of Russia in court proceedings over $3 billion in debt on bonds, says it will be seeking summary judgement in respect of Ukraine soon, according to the Ukrainian Finance Ministry.”With respect to the claim underway before the English Court relating to the $3...

    Famed Ukrainian football player Shevchenko becomes national team head coach
    Jul15

    Famed Ukrainian football player Shevchenko becomes national team head coach

    The top player in Ukrainian football history, Andriy Shevchenko, has been named head coach of the Ukrainian national football team four years after he ended his career, according to the Football Federation of Ukraine.A two-year contract with Shevchenko has been inked, with a possible extension for an additional two years.Meanwhile, two Italians,...

    Centrenergo may buy UAH 1.6 bln of coal from Akhmetov
    Jul15

    Centrenergo may buy UAH 1.6 bln of coal from Akhmetov

    PJSC Centrenergo energy generation company has tentatively agreed to coal purchases of UAH 1.6 billion from DTEK Sverdlovanthracite LLC by the end of the year, according to an online posting from the National Commission on Securities and the Stock Market.The cost of the transaction equals 24.3% of the value of assets owned by Centrenergo,...

    Ukraine sees growth of monetary base
    Jul15

    Ukraine sees growth of monetary base

    The monetary base in Ukraine increased by 4.5% in June, as compared to May, to reach UAH 352.649 billion, according to the National Bank of Ukraine (NBU).Further, since the beginning of the year, the nation`s monetary base has increased by 5%, according to data published by the NBU.Additionally, the monetary aggregate M3 grew by 1.5% in June, and...

    Kovaliv: Naftogaz would pile up more debt without market-level tariffs
    Jul15

    Kovaliv: Naftogaz would pile up more debt without market-level tariffs

    First Deputy Minister of Economic Development and Trade Yuliya Kovaliv said maintaining non-transparent tariffs in Ukraine and spending budget funds to compensate for differences in tariffs would have resulted in the expansion of Naftogaz`s budget deficit.”In 2014, UAH108 billion in budget funds was spent to cover Naftogaz`s deficit. If we had...

    New commander of Canadian army has Ukrainian roots
    Jul15

    New commander of Canadian army has Ukrainian roots

    A newly-appointed commander of the Canadian Army became a military official of the Ukrainian descent, Paul Wynnyk, according to Canadian Ambassador to Ukraine Roman Waschuk.”Lieutenant-General Wynnyk, the grandson of Ukrainian resettlers in Alberta from Stryi, assumed command of the Canadian Army,” wrote Waschuk.Canadian Prime Minister Justin...

    Ukraine boosts gas imports from Slovakia fourfold
    Jul15

    Ukraine boosts gas imports from Slovakia fourfold

    Ukraine has raised the volume of natural gas imports from Slovakia to 2 million cubic meters per day, up from yesterday when imports totaled 0.5 million cubic meters, according to a spokesman for the national gas transportation system operator, the state-owned Ukrtransgaz, Maksym Bilyavskiy.”Ukraine has increased gas imports from Slovakia...

    Russia to deliver S-400 missile system to occupied Crimea
    Jul15

    Russia to deliver S-400 missile system to occupied Crimea

    A new regiment set of the S-400 Triumf anti-aircraft missile system will be delivered to Crimea in August after trials, Russia`s TASS reported quoting Chief of Staff, Deputy Commander of the 18th Air Defense Missile Regiment within the 31st Air Defense Division Lieutenant-Colonel Yevgeny Oleinikov as saying.”Upon completion of initial live-firing...

    Moldova maintains trade restrictions against Ukraine, pledges no extensions
    Jul15

    Moldova maintains trade restrictions against Ukraine, pledges no extensions

    Moldova will maintain trade restrictions on Ukrainian goods, within the quotas for dairy and meat product imports from the country, with higher import duties, until the end of 2016, Moldova`s Economy Minister Octavian Calmic told reporters in Kyiv.Post 2016, he said the restrictive measures would not be renewed.”The trade turnover between Ukraine...

    Ukraine gets by without Russian gas for more than 6 months
    Jul15

    Ukraine gets by without Russian gas for more than 6 months

    Ukraine`s First Deputy Economy Minister Yulia Kovaliv noted that Ukraine had started purchasing gas on the market`s terms rather than under existing political agreements.Within the framework of energy sources diversification, Ukraine has not used direct gas supplies from Russia for more than 230 days, Kovaliv said during the government`s Q&A...

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