Section: News & Summaries

      Ukraine dollar-bonds jump after government nationalizes PrivatBank – Reuters
      Dec19

      Ukraine dollar-bonds jump after government nationalizes PrivatBank – Reuters

      Ukraine`s dollar-denominated bonds jumped by more than 1 cent on Monday after the government said it would nationalize the country`s biggest lender, PrivatBank, according to Reuters. Longer-dated maturities chalked up the biggest gains, with the 2027 and the 2026 issues jumping more than 1.3 cents, according to Tradeweb data, Reuters reports....

      European market`s share in Ukrainian exports of agricultural products at about 32%
      Dec19

      European market`s share in Ukrainian exports of agricultural products at about 32%

      The share of the European market in the total volume of Ukrainian agri-exports amounts to some 32%, the press service of the Ministry of Agrarian Policy and Food of Ukraine reported, with reference to Deputy Minister Olha Trofimtseva. ”The European Union is the second largest trading partner of Ukraine in the field of agriculture. The share of EU...

      Hryvnia weakens to UAH 26.50 to dollar on interbank market
      Dec19

      Hryvnia weakens to UAH 26.50 to dollar on interbank market

      Hryvnia quotations against the dollar on the interbank currency market on Monday fell to UAH 26.32/26.50 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent. Hryvnia quotes against the euro have settled at UAH 27.10/27.28, while those against the Russian ruble have settled at UAH 0.4323/0.4343....

      President Poroshenko: PrivatBank clients guaranteed safety and integrity of their funds. Video
      Dec19

      President Poroshenko: PrivatBank clients guaranteed safety and integrity of their funds. Video

      Ukrainian President Petro Poroshenko said in a comment relating to the transition of PrivatBank to 100% state ownership that the State assumes responsibility and guarantees safety and integrity of funds to the clients of PrivatBank. ”Despite the fact that the case is related to the private banking institution, these decisions are not a private...

      Verkhovna Rada intends to adopt state budget on December 22
      Dec19

      Verkhovna Rada intends to adopt state budget on December 22

      The Verkhovna Rada plans on Thursday, December 22, to hold a second reading vote of a bill on state budget 2017, according to the parliament`s draft schedule for December 20-23. Among other things, Tuesday, December 20, the deputies plan to consider a number of bills related to the budget approval. In particular, these are the questions of...

      European Commission to allocate EUR 104 mln for public administration reform
      Dec19

      European Commission to allocate EUR 104 mln for public administration reform

      Ukraine has signed an agreement with the European Commission (EC) on the financing of public service reform in the amount of EUR 104 million for the period from 2016 to 2020, according to the Ministry of Economic Development and Trade. ”Before the meeting of the [Ukraine-EU] Association Council, Ivanna Klympush-Tsintsadze [Ukraine`s Deputy Prime...

      German expert comments on EU failure to keep its promises of visa liberalisation for Ukraine
      Dec19

      German expert comments on EU failure to keep its promises of visa liberalisation for Ukraine

      Head of Eastern European, Russian, and Central Asian programs at Germany`s Foreign Policy Council Stefan Meister commented on the situation around visa liberalization for Ukraine. According to the expert, if the decision fails to pass shortly, the frustration with the EU actions will be increasing and the support of Ukraine`s European integration...

      Ukraine has 12.7bcm of gas left in reserves
      Dec19

      Ukraine has 12.7bcm of gas left in reserves

      Ukraine`s natural gas reserves in its underground storage facilities between Dec 9 and Dec 16 shrunk by 2.7%, or 355 million cubic meters – from 13.082 billion cubic meters down to 12.727 bcm, according to the national gas transport system operator Ukrtransgaz. According to the company data, 62.4 million cubic meters of gas was pumped out...

      National Bank of Ukraine on PrivatBank nationalization: Services for legal entities suspended for 24 hours, no other payment restrictions to come
      Dec19

      National Bank of Ukraine on PrivatBank nationalization: Services for legal entities suspended for 24 hours, no other payment restrictions to come

      The Cabinet of Ministers of Ukraine at its Sunday meeting supported the offer of the National Bank to transfer PJSC PrivatBank to 100% state ownership. PrivatBank suspends services for legal entities for just one day, December 19. No other restrictions of payments will be introduced, according to NBU Governor Valeria Gontareva. Gontareva noted...

      Ukraine-EU Association Council to meet in Brussels December 19
      Dec19

      Ukraine-EU Association Council to meet in Brussels December 19

      Ukraine-EU Association Council will host a meeting in Brussels on Monday, December 19, according to an UNIAN correspondent. The meeting will be chaired by High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini and First Vice Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan...