: :inin Kyiv (EET)

Section: News & Summaries

    Ryanair says to cut fares sharply as competition goes fierce in Europe
    May24

    Ryanair says to cut fares sharply as competition goes fierce in Europe

    Ryanair, Europe`s largest low-cost airline, is prepared for a fare war to break out later this year and will cut its own fares sharply to increase its market share to sustain profits, it said on Monday, according to Reuters.The Irish airline, Europe`s largest by passenger numbers, also reported a 43% increase in net profits to EUR 1.24 billion...

    Major shareholder sells stake in Bank Mykhailivsky before bank declared insolvent
    May24

    Major shareholder sells stake in Bank Mykhailivsky before bank declared insolvent

    Ukrainian businessman Viktor Polischuk, who owns the Eldorado consumer electronics retail chain, a few days before Bank Mykhailivsky was declared insolvent, sold his stake in the amount of 92.501% of Ekosipan LLC, which owns the bank, to a group of individual investors, according to the website of the bank.”On May 19, 2016, there were changes in...

    Defense Ministry plans to build about 30 warships, boats by 2020
    May24

    Defense Ministry plans to build about 30 warships, boats by 2020

    The Ministry of Defense of Ukraine plans to radically update the Naval Forces and build about 30 warships and boats by 2020, head of the Ukrainian Defense Ministry`s Communications and Press Department Lt.Col. Oksana Havryliuk said on Tuesday, according to an UNIAN correspondent.”In accordance with the provisions of strategic documents in the...

    Washington maintains warnings about ”risks” of doing business with Russia
    May24

    Washington maintains warnings about ”risks” of doing business with Russia

    U.S. State Department Deputy Spokesman Mark Toner says that the U.S. position on doing business with Russia as usual has not changed… it bears risks while sanctions related to the situation in Ukraine are enforced, RIA Novosti reported.”We continue to be clear in our engagements with U.S. companies that we believe there are risks—both...

    EU referendum poll: pensioners, Tory voters, men deserting Brexit campaign – The Telegraph
    May24

    EU referendum poll: pensioners, Tory voters, men deserting Brexit campaign – The Telegraph

    The majority of older voters, Conservative supporters and men are now backing the campaign to stay in the EU following a collapse in support for Brexit, a new exclusive poll for the Telegraph shows.The poll finds that the Remain campaign now has a 13-point lead with just one month until the referendum, according to the Telegraph.The latest ORB...

    Docudays UA film festival postponed in Greece due to ”Donbas friends” radicals
    May24

    Docudays UA film festival postponed in Greece due to ”Donbas friends” radicals

    Ukrainian travelling festival ”See Ukraine: Docudays UA on Tour” was planned to start in Greek capital, Athens on May 13. However, shortly before the opening, several radical groups threatened to organize protests against the event, the festival`s PR coordinator Olha Birzul has told Ukraine Today.”These radicals called themselves anti-fascists...

    Searches underway in house of Deputy Chairman of Kyiv regional council
    May24

    Searches underway in house of Deputy Chairman of Kyiv regional council

    The investigators of the Prosecutor General`s Office (PGO) are conducting a search in the house of a deputy head of the Kyiv Regional Council, Mykola Starychenko, the leader of the Radical Party Oleh Liashko wrote on Facebook.”The PGO investigators are conducting a search in the house of Deputy Chairman of the Kyiv Regional Council from the...

    Groysman: government focus remains on structural and systemic reforms
    May24

    Groysman: government focus remains on structural and systemic reforms

    Prime Minister of Ukraine Volodymyr Groysman says his government will continue cooperation with the International Monetary Fund (IMF) and make every effort to ensure that Ukraine fulfills its commitments, the government`s press service reported.”The Ukrainian government is set to conduct structural and systemic reforms in the country, and we are...

    Ukraine`s ”new Shevchenko” has big boots to fill – Eurosport
    May24

    Ukraine`s ”new Shevchenko” has big boots to fill – Eurosport

    Andriy Shevchenko`s retirement after Euro 2012 left a huge void in Ukrainian football and it has taken time for the younger generation to throw up a new leader, according to Eurosport.Step forward Andriy Yarmolenko, whose 22 goals have established him as the player most likely to fill the role a full decade after he was saddled with the tag of...

    Russia starts competition of military pilots in occupied Crimea
    May24

    Russia starts competition of military pilots in occupied Crimea

    A Su-25M bomber and two Mi- 8AMTSh Terminator helicopters were relocated from the Central Military District of the Russian Federation to the territory of the occupied Crimea to participate in the All-Russian stage of a flight proficiency competition Aviadarts 2016.”To participate [in a competition], flight crews and aircraft were deployed in...

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