: :inin Kyiv (EET)

Section: News & Summaries

    Law allowing companies to restructure debts owed to banks becomes effective Oct 19
    Jul19

    Law allowing companies to restructure debts owed to banks becomes effective Oct 19

    The law on financial restructuring, regulating the procedure for restructuring operating businesses` debts owed to banks, the adoption of which allows Ukraine to fulfill its obligations outlined in the Memorandum of Cooperation with the International Monetary Fund (IMF), will become effective on October 19, 2016, three months after its...

    Turkey`s ex-air force chief denies role in coup plot
    Jul19

    Turkey`s ex-air force chief denies role in coup plot

    General Akin Ozturk has denied being a ringleader of Friday`s attempted military coup in Turkey, BBC News reported.Gen Akin Ozturk and 26 senior officers were charged with treason and remanded in custody by a court on Monday, the state-run Anadolu news agency said, according to BBC News.But in a statement to prosecutors, the general insisted: ”I...

    Israeli President to attend 75th anniversary of Babi Yar tragedy in Kyiv
    Jul19

    Israeli President to attend 75th anniversary of Babi Yar tragedy in Kyiv

    Israeli President Reuven Rivlin is expected to visit Kyiv in September 2016 to participate in the 75th commemoration of the Babi Yar tragedy, the Ukrainian parliament`s press service reported, referring to a statement made by Ambassador Extraordinary and Plenipotentiary of Israel to Ukraine Eliav Belotserkovsky.The Israeli president is expected...

    Over 90% ballots counted in Ukraine`s mid-term Rada elections
    Jul19

    Over 90% ballots counted in Ukraine`s mid-term Rada elections

    The Central Election Commission as of 08:46 Kyiv time on July 19 had counted 91.33% of the ballots in by-elections leading up to the Verkhovna Rada of Ukraine in seven constituencies.A total of 370 candidates are contesting seven Parliament seats, vacated after some MPs were stripped of their mandate, left Parliament for government jobs, or...

    Ukraine faces $800 mln loss as Brazil pulls out of `Cyclone` project: Yuzhnoye Design Office
    Jul19

    Ukraine faces $800 mln loss as Brazil pulls out of `Cyclone` project: Yuzhnoye Design Office

    Ukraine faces a loss of $800 million following Brazil`s decision to exit a project on a joint Cyclone-4 carrier rocket production, according to a press release issued by Ukraine`s Yuzhnoye State Design Office.On July 16, 2015, the ambassador of Ukraine in Brazil was given a notice of denunciation of a long-term cooperation agreement regarding the...

    Liechtenstein unfreezes assets of Ukrainian judge suspected of corruption
    Jul19

    Liechtenstein unfreezes assets of Ukrainian judge suspected of corruption

    CHF 13 million in bank accounts that were frozen on July 23, 2015 will become accessible to the Ukrainian judge charged with money laundering, Ukraine Today reported citing Deutsche Welle.Robert Wallner, Prosecutor General of Liechtenstein July 18 said that the court decided to lift the freeze on Ukrainian judge`s accounts, because Ukrainian law...

    Afghani man attacks train commuters  in Germany with axe
    Jul19

    Afghani man attacks train commuters in Germany with axe

    A teenage Afghan refugee armed with an axe and knife injured four people on a train in southern Germany before being shot dead by police, officials say, according to BBC News.Three people in a group from Hong Kong were seriously hurt and one slightly injured in the attack in Wurzburg. Another 14 were treated for shock, BBC News reports.Bavarian...

    Oil prices fall on oversupply concerns despite output cuts
    Jul19

    Oil prices fall on oversupply concerns despite output cuts

    Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further draw in U.S. crude inventories, Reuters reported. Crude prices fell more than 1% in the previous session after worries about potential supply disruptions stemming from an attempted coup in Turkey...

    Russian Troops in Donbas: Ukrainian soldiers find new proof
    Jul19

    Russian Troops in Donbas: Ukrainian soldiers find new proof

    Ukraine claims one more evidence of Russia`s presence in Donbas as the soldiers from the 54th Brigade captured a Russian militant, lieutenant Alexei Sedikov, who had confirmed Russian-backed separatist forces practice shelling their own positions in order to blame the Ukrainians, according to Ukraine Today.A 36-year-old reservist officer born in...

    No visa-free travel for Turkey in 2016 despite deal: EU Commissioner
    Jul19

    No visa-free travel for Turkey in 2016 despite deal: EU Commissioner

    European Commissioner Guenther Oettinger has said he did not see the European Union granting Turks visa-free travel this year – as agreed in a migration deal – due to Ankara`s crackdown after a failed military coup, according to Reuters.”The draft law (on ending visa requirements for Turks) is being debated in the European Parliament...

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