: :inin Kyiv (EET)

Section: News & Summaries

    Donbas to ”never” see ceasefire until ”political settlement” reached – Lavrov
    May31

    Donbas to ”never” see ceasefire until ”political settlement” reached – Lavrov

    Russian Foreign Minister Sergei Lavrov said that there would never be a ceasefire in Donbas until the ”political settlement,” adding that control over the entire territory of Donbas by international forces is not provided for by the Minsk agreements, according to an UNIAN correspondent in Russia. ”It`s very simple — once again, there are...

    Paulo Fonseca new manager of Shakhtar Donetsk
    May31

    Paulo Fonseca new manager of Shakhtar Donetsk

    Portugal`s Paulo Fonseca is now officially the new head coach of FC Shakhtar, according to the football club`s official website.A Portuguese specialist has signed a two-year contract with the ”miners,” the team originally from Donetsk but now playing their home games in the western Ukrainian city of Lviv.The financial terms of the contract with...

    Official: Ukraine presents squad for UEFA EURO 2016
    May31

    Official: Ukraine presents squad for UEFA EURO 2016

    Head coach of the Ukrainian national football team Mykhailo Fomenko has announced his final decision regarding the composition of his team to represent the country at Euro 2016 in France.The team included eight players of Shakhtar Donetsk, five players of Dynamo Kyiv, and three representatives of Dnipro. Four Ukrainians playing in foreign leagues...

    Moody`s forecast for Ukrainian banks improves
    May31

    Moody`s forecast for Ukrainian banks improves

    Moody`s Investors Service has today changed the outlook for Ukraine`s banking system to stable from negative.”The change in outlook reflects our view that the economy will begin to emerge from a deep recession in the coming 12-18 months , which will help contain further asset quality deterioration,” reads the agency`s announcement published May...

    Ukraine simplifies access of western medications to national pharmaceutical market
    May31

    Ukraine simplifies access of western medications to national pharmaceutical market

    The Verkhovna Rada adopted the law, which shortens the period of registration of medicines to 10 days and provides for a simplified procedure for medicines that are already registered in the EU, the U.S., Switzerland, Australia, and Canada.Draft law No.4484 ”On Amendments to Art. 9 of the Law `On Medicines`(with respect to the state registration...

    Rada lowers excise duty on import of used cars: popular models to become up to EUR 4,000 cheaper
    May31

    Rada lowers excise duty on import of used cars: popular models to become up to EUR 4,000 cheaper

    The Verkhovna Rada of Ukraine on Tuesday adopted the bill on amendments to the Tax Code to encourage the development of the market for used vehicles, which assumes a significant reduction in the excise tax on import of used vehicles.The bill will come into force from the first day of the month following its publication according to a separate...

    Gazprom demands payment from Ukraine for $600 mln worth of gas supplied to occupied Donbas
    May31

    Gazprom demands payment from Ukraine for $600 mln worth of gas supplied to occupied Donbas

    Russian gas monopoly Gazprom has delivered to the occupied Donbas natural gas worth $600 million, but it demands that Ukraine pay for these supplies, an UNIAN correspondent in Rusia reported from a Moscow press conference held by deputy head of Gazrpom Alexander Medvedev in Moscow.”We have a single contract for the supply of gas to Ukraine,...

    Ukraine cancels mandatory registration of foreign investment
    May31

    Ukraine cancels mandatory registration of foreign investment

    Ukraine`s Verkhovna Rada has adopted a bill which cancels mandatory state registration of foreign investments.The bill on amendments to some legislative acts of Ukraine concerning the abolition of mandatory state registration of foreign investments was supported by 259 votes with the required minimum of 226 votes.Chief of the Verkhovna Rada...

    Deficit of Ukraine`s foreign trade in goods rises by almost 30%
    May31

    Deficit of Ukraine`s foreign trade in goods rises by almost 30%

    The deficit of Ukraine`s foreign trade in goods in January through April 2016 amounted to $1.706 billion, which was higher by 28.9% on a deficit of $1.324 billion in January-April 2015, according to the National Bank of Ukraine.Exports of goods from Ukraine in the period under review amounted to $9.915 billion, which is lower by 15% compared to...

    Study: Nearly 46 mln people in modern slavery – DW
    May31

    Study: Nearly 46 mln people in modern slavery – DW

    Nearly 46 million people around the world are forced into labor, sex work, debt bondage or other slave-like conditions, according to a study released Tuesday by the Australia-based Walk Free Foundation, Deutsche Welle reports.The 2016 Global Slavery Index found there to be many more ”modern slaves” than previously recognized, with nearly...

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