: :inin Kyiv (EET)

Section: News & Summaries

    NATO-agreed large-scale reform of Def. Ministry to be completed by year-end
    Jun23

    NATO-agreed large-scale reform of Def. Ministry to be completed by year-end

    The Ministry of Defense of Ukraine plans to complete transformation before the end of the year, Ukraine`s Deputy Defense Minister Ihor Dolhov told journalists at Ivan Cherniakhovskiy National Defense in Kyiv, according to an UNIAN correspondent.”A large-scale reform of the Ministry of Defense has begun. This reform will be mostly completed before...

    NBU cuts key policy rate to 16.5%
    Jun23

    NBU cuts key policy rate to 16.5%

    The Board of the National Bank of Ukraine (NBU) has decided to cut the key policy rate to 16.5%, effective June 24, 2016. Further easing of monetary policy fully complies with inflation target for 2016 and 2017 and takes place under conditions of steady inflationary pressure reduction, improved inflation expectations and stable foreign exchange...

    Groysman: Tymoshenko`s gas contract ”betrayal of national interests”
    Jun23

    Groysman: Tymoshenko`s gas contract ”betrayal of national interests”

    Ukrainian Prime Minister Volodymyr Groysman has said that the gas contract with Russia signed by the government of Yulia Tymoshenko in 2009, fixing the price at $450 per 1,000 cubic meters, resulted in tens of billions of dollars in Russian claims, adding that it was in fact a betrayal of national interests.”There is a clear view in the expert...

    Erdogan threatens EU with UK-style referendum on stalled EU bid: Hurriyet
    Jun23

    Erdogan threatens EU with UK-style referendum on stalled EU bid: Hurriyet

    Turkish President Recep Tayyip Erdogan has suggested Turkey could hold a referendum over whether to continue its long-stalled accession process to join the European Union, Hurriyet reported.Angrily lashing out at the bloc`s treatment of Ankara, Erdogan said Turkey could hold a referendum along the lines of that in Britain, where voters are...

    Danylyuk: Ukraine, IMF to sign updated Memo of Cooperation before Board of Directors meeting
    Jun23

    Danylyuk: Ukraine, IMF to sign updated Memo of Cooperation before Board of Directors meeting

    Ukraine and the International Monetary Fund will sign an updated Memorandum of Cooperation before the meeting of the Board of Directors on the allocation of the third tranche of aid, which will take place in mid-July, Ukrainian Finance Minister Oleksandr Danylyuk told journalists at the Forum on Energy Efficiency in Kyiv.”It has not been signed...

    Italy`s demand delays extension of EU sanctions against Russia: RFE/RL
    Jun23

    Italy`s demand delays extension of EU sanctions against Russia: RFE/RL

    Italy has once again delayed an attempt to extend the European Union`s economic sanctions against the Russian Federation, despite an accord reached by EU diplomats earlier this week for sanctions to be prolonged by another six months, according to RFE/RL.EU sources tell RFE/RL that Rome wants special language to be included in the conclusions of...

    Ukraine expects IMF Board of Directors meeting in 1st half of July – source
    Jun23

    Ukraine expects IMF Board of Directors meeting in 1st half of July – source

    Ukraine expects that the Board of Directors of the country`s key creditor – the International Monetary Fund – will hold a meeting in the first half of July on the second revision of the reform program, will approve the Memorandum on the implementation of the program and adopt a plan of action, a government source close to negotiations told an...

    Ukravtodor orders regional road services to switch to e-procurement
    Jun23

    Ukravtodor orders regional road services to switch to e-procurement

    The State Agency of Automobile Roads (Ukravtodor) has obliged regional road services to engage in procurement of material and technical resources exclusively via ProZorro e-procurement system, the press service of Ukravtodor has reported.The state agency is confident that through the use of open online platforms, the purchase of necessary...

    Nuland, Poroshenko hold unscheduled meeting in Kyiv June 22
    Jun23

    Nuland, Poroshenko hold unscheduled meeting in Kyiv June 22

    Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland and NSC Senior Directors Charles Kupchan and Celeste Wallander met on June 22 with senior Ukrainian officials, including President Poroshenko, Speaker of Parliament Parubiy, Deputy Head of the Presidential Administration for Foreign Policy Yelisieiev, and Foreign...

    Poltorak names greatest strategic mistake of Def. Ministry, Gen. Staff
    Jun23

    Poltorak names greatest strategic mistake of Def. Ministry, Gen. Staff

    Ukrainian Defense Minister Stepan Poltorak said that the greatest strategic mistake in regard to the Ukrainian army had been made before 2014.”The biggest strategic mistake was made before 2014, when everything was done for the army to be not combat-ready and significantly limited in the ability to perform combat missions. The army was not...

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