: :inin Kyiv (EET)

Section: News & Summaries

    Top U.S. official: U.S. would block sale of Russian Su-30 aircraft to Iran
    Apr05

    Top U.S. official: U.S. would block sale of Russian Su-30 aircraft to Iran

    Thomas Shannon, the U.S. Under Secretary of State for Political Affairs, said on Tuesday the United States would use its veto power in the UN Security Council to block any sale of Su-30 fighter aircraft to Iran, Reuters reports.”We would block the approval of fighter aircraft,” he told a U.S. Senate Foreign Relations Committee hearing, noting...

    Panamapapers claim first scalp as Iceland PM resigns
    Apr05

    Panamapapers claim first scalp as Iceland PM resigns

    The Panama secrecy leak claimed its first victim after Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned following revelations about his personal finances, Bloomberg reports.The move was announced in parliament after thousands of Icelanders took  to the streets angered by the alleged tax evasion of their leader, according to...

    Ukraine`s intl reserves down by $768 mln in March
    Apr05

    Ukraine`s intl reserves down by $768 mln in March

    Ukraine`s international reserves as of April 1, 2016, amounted to $12.722 billion, according to preliminary data, which is $768 million, or 5.7%, less than the on March 1 ($13.490 billion), the NBU reported. The decline of reserves in March was primarily due to the government`s repayment and maintenance of public and publicly guaranteed debt in...

    Dutch MP says postponement of ratification of Ukraine-EU Association pre-scheduled
    Apr05

    Dutch MP says postponement of ratification of Ukraine-EU Association pre-scheduled

    Ratification of the Ukraine-EU Association Agreement was postponed at the request of the initiators of the referendum in order to avoid possible legislative controversy of the vote regarding Ukraine, according to Dutch MP from the Socialist Party of the Netherlands Harry van Bommel, TSN reported.According to the parliamentarian, it was a...

    Large Kyiv bank goes bankrupt
    Apr05

    Large Kyiv bank goes bankrupt

    Vice-Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova announces that the NBU decided on April 5, 2016, to include Kyiv-based Khreschatyk Bank in the group of insolvent banks. ”Late last week, the situation with the bank`s liquidity sharply worsened. Experiencing lack of funds, the bank made transfers with delays, and was unable to...

    Ukraine`s state debt 1.8% down in dollars, 10.7% up in hryvnias in two months
    Apr05

    Ukraine`s state debt 1.8% down in dollars, 10.7% up in hryvnias in two months

    The total sum of Ukraine`s state and government-guaranteed debt by the end of February 2016 was estimated at $64.35 billion, which was 1.8%, or $1.16 billion, down on the beginning of the year, according to the Ukrainian Finance Ministry.At the same time, the total sum of state and government-guaranteed debt in the hryvnia equivalent as of the...

    Ukraine agricultural sector sees almost 40% increase in revenue
    Apr05

    Ukraine agricultural sector sees almost 40% increase in revenue

    Ukrainian agricultural producers report a 37% increase in dollar terms in their revenues last year to $4.1 billion as compared to the previous year, and a growth by 2.5 times in hryvnia terms to UAH 89.5 billion, Ukrainian Minister of Agrarian Policy and Food Oleksiy Pavlenko wrote on Facebook.”In 2015, agricultural producers posted record net...

    Russia`s VEB may leave Ukrainian market in the long run
    Apr05

    Russia`s VEB may leave Ukrainian market in the long run

    Russia`s state-run Vnesheconombank (VEB) announces it may leave the Ukrainian market in the long run, and the decision will be taken after a new strategy has been hammered out, according to Russian business news agency PRIME.”In the long-term outlook, we`ll be considering possibilities of leaving their [Ukrainian] market. We haven`t held any...

    ICU Group rejects ties with Russian official after Panama Paper leak
    Apr05

    ICU Group rejects ties with Russian official after Panama Paper leak

    ICU Group, which was owned by Valeriya Gontareva prior to her appointment as Governor of the National Bank of Ukraine (NBU), says it does not have any business relations with First Deputy President of Russian state-owned VTB Bank Yuri Soloviev.This statement was issued in response to accusations that have appeared in the media following the...

    Parties to Nagorno-Karabakh conflict agree to cease hostilities
    Apr05

    Parties to Nagorno-Karabakh conflict agree to cease hostilities

    The parties to the Nagorno-Karabakh conflict have reached an agreement to cease hostilities starting 12:00 local time (11:00 Moscow time) on Tuesday, the Armenian Defense Ministry told TASS.Talks are currently underway on the details of the truce, according to TASS.The press service of the Azerbaijani Defense Ministry has confirmed...

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