Section: News & Summaries

      Ukraine gets European Union`s second tranche of financial aid worth EUR 55 mln
      Dec27

      Ukraine gets European Union`s second tranche of financial aid worth EUR 55 mln

      Ukraine has received the second tranche of the financial assistance of the European Union in the amount of EUR 55.125 million in the framework of a financing agreement signed between the Government of Ukraine and the European Commission in 2014. As reported on the website of the Ministry of Finance, these funds represent the second and final...

      NBU cuts official exchange rate to UAH 26.65 to dollar
      Dec27

      NBU cuts official exchange rate to UAH 26.65 to dollar

      The National Bank of Ukraine on Tuesday evening lowered the official hryvnia exchange rate by 29 kopiykas, bringing the national currency to UAH 26.65 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for December 28: $100 costs UAH 2,665.0670 (on December 27, it was UAH...

      Ukraine fulfills all obligations to cooperate with IMF – Ukrainian Minister of Economic Development and Trade
      Dec27

      Ukraine fulfills all obligations to cooperate with IMF – Ukrainian Minister of Economic Development and Trade

      Ukraine has fulfilled all its obligations to continue cooperation with the key creditor of the country, the International Monetary Fund, which opens the way to get the fourth tranche of $1.3 billion, Ukrainian Minister of Economic Development and Trade Stepan Kubiv said at a press conference in Kyiv. ”As of today, Ukraine has fulfilled all...

      4 former Soviet states almost ready to recognize Crimea Russian territory – Head of the Crimean Tatars Mejlis
      Dec27

      4 former Soviet states almost ready to recognize Crimea Russian territory – Head of the Crimean Tatars Mejlis

      Head of the Mejlis of the Crimean Tatars and Ukrainian MP Refat Chubarov has said that four states of the former Soviet Union are almost ready to recognize that Crimea is not the Ukrainian territory anymore, 112.ua reports. ”It is painful to me that four states of the former Soviet Union (Armenia, Belarus, Kazakhstan, and Uzbekistan), these four...

      Trump calls UN club for people to `have a good time`
      Dec27

      Trump calls UN club for people to `have a good time`

      U.S. President-elect Donald Trump lashed out at the United Nations on Monday days after the Security Council voted to condemn Israeli settlements in the West Bank and east Jerusalem, according to Fox News. Taking to Twitter, he said the U.N. has ”such great potential,” but has become ”just a club for people to get together, talk and have a good...

      Stratfor released forecast of Ukraine-Russia relations in 2017
      Dec27

      Stratfor released forecast of Ukraine-Russia relations in 2017

      Moscow will continue to influence the processes in the European Union and the United States in order to undermine Western unity by cyberattacks, propaganda campaigns, and political manipulation. Moreover, Moscow will step up these efforts in 2017 to achieve its objectives, which include the lifting of sanctions by the EU and the U.S., which means...

      Moldova`s new pro-Russian president fires Defense Minister for ”flirting with NATO”
      Dec27

      Moldova`s new pro-Russian president fires Defense Minister for ”flirting with NATO”

      Newly elected President of Moldova Igor Dodon has signed a decree on the dismissal of the country`s Defense Minister Anatolie Salaru, explaining the move with the official`s ”poor reputation”. ”We should recall that this minister is the one who flirted with NATO, knowing for sure that we are a neutral country, according to the Constitution of the...

      Fate of Odesa Portside Chemical Plant to be decided this week – Groysman
      Dec27

      Fate of Odesa Portside Chemical Plant to be decided this week – Groysman

      A decision on the further operations of Odesa Portside Chemical Plant, which failed to be sold, will be made in the coming days, Prime Minister Volodymyr Groysman said Tuesday. ”I have given relevant instructions, now it`s First Deputy Prime minister Stepan Kubiv who is dealing with this issue. They held several meetings of the working group. I...

      Head of the EU Delegation in Ukraine comments on terms of visa liberalization, ratification of Association deal
      Dec27

      Head of the EU Delegation in Ukraine comments on terms of visa liberalization, ratification of Association deal

      Head of the EU Delegation in Ukraine Hugues Mingarelli has told Realist Online he hopes that in the first half of 2017, a visa-free regime for Ukraine will enter into force and the Ukraine-EU Association Agreement will be ratified. The EU Council adopted a decision, which is legally binding both for Ukraine and the EU, according to Mingarelli,...

      Ukraine`s international reserves amounts to $15.7 bln – National Bank of Ukraine
      Dec27

      Ukraine`s international reserves amounts to $15.7 bln – National Bank of Ukraine

      The volume of Ukraine`s international reserves to date is about $15.7 billion, and this amount is sufficient for National Bank to carry out interventions in order to smooth down currency fluctuations and fulfill the government`s obligations, according to the regulator`s comments on the situation in the currency market. ”The National Bank has...