Section: News & Summaries

      Timeframe to sell 25% stake in 7 energy companies extended till December
      Jul22

      Timeframe to sell 25% stake in 7 energy companies extended till December

      The Cabinet of Ministers has extended the timeframe to sell through the stock exchanges 25% blocking stake in energy companies – Donbasenergo, DTEK Dniproenergo, DTEK Zakhidenergo and DTEK Dniprooblenergo, as well as DTEK Donetskoblenergo, Kyivenergo, and Odesaoblenergo – until November 30, 2016.This follows the expiration of a previously set...

      Poroshenko comments on Polish Sejm labeling Volyn tragedy ”genocide”
      Jul22

      Poroshenko comments on Polish Sejm labeling Volyn tragedy ”genocide”

      President of Ukraine Petro Poroshenko regrets the decision of the Polish Sejm on the recognition of the events in Volyn region in 1943-1945 ”genocide” and calls for a return to the reconciliation and unity.”I`m sorry to hear about the decision of the Polish Sejm. I know that many will seek to use it for political speculations,” Poroshenko wrote...

      Ukraine`s operating banks post loss of over UAH9 bln in H1
      Jul22

      Ukraine`s operating banks post loss of over UAH9 bln in H1

      The aggregate loss of Ukraine`s operating banks, excluding the insolvent ones, amounted to UAH9.18 billion in the first half of 2016, according to a post on the National Bank of Ukraine`s (NBU) website.Operating banks in Ukraine, in June, posted profits totaling UAH50 million, for the second consecutive month, the report said.The regulator also...

      CCTV footage shows female suspect planting explosives under Sheremet`s car
      Jul22

      CCTV footage shows female suspect planting explosives under Sheremet`s car

      The footage recorded by surveillance cameras was published by Obozrevatel media outlet showing the events around a parked car, hours before it was blown up as a prominent journalist Pavlo Sheremet was driving it on the morning of Wednesday, July 20.The explosive device was planted on the bottom of the the Subaru, which Pavlo Sheremet drove July...

      Polish Sejm labels Volyn killings ”genocide”
      Jul22

      Polish Sejm labels Volyn killings ”genocide”

      The Polish Sejm passed a resolution on Friday, July 22, to commemorate July 11 as a National Day of Remembrance for the Poles and remember the victims of the genocide committed by the Ukrainian Insurgent Army (UPA), according to Radio Poland. The resolution notes that the organized and massive nature of the violent crime in Volyn and Eastern...

      Ukraine estimates potential losses in first two days of full-scale war with Russia
      Jul22

      Ukraine estimates potential losses in first two days of full-scale war with Russia

      Chief of the General Staff of the Armed Forces of Ukraine Viktor Muzhenko assumes Ukraine`s losses in the event of a full-scale war with the Russian Federation may reach 10,000-12,000 people within the first two days of an open confrontation, journalist Roman Bochkala wrote on his Facebook page.Muzhenko has noted Ukraine faces no such threat at...

      Ukraine mulls retaliatory measures in response to Turkey`s stand on road freight transport liberalization
      Jul22

      Ukraine mulls retaliatory measures in response to Turkey`s stand on road freight transport liberalization

      Ukraine may be compelled to introduce retaliatory measures in connection with Turkey`s refusal to increase road freight transport from Ukraine, the Infrastructure Ministry of Ukraine, citing Deputy Minister Yuriy Lavrenyuk`s statement, reported on its website.Lavrenyuk headed the Ukrainian delegation at a meeting of the joint Ukrainian-Turkish...

      Poland`s antimonopoly watchdog rejects objects construction of Nord Stream 2
      Jul22

      Poland`s antimonopoly watchdog rejects objects construction of Nord Stream 2

      The Office of Competition and Customer Protection of Poland (UOKiK) has issued objections to a concentration in which six firms would form a joint venture responsible for construction and operation of the Nord Stream 2 gas pipeline, according to the Office`s website.”The Office found that the concentration might lead to restriction of...

      Cabinet allocates UAH 17 million on Prozorro public procurement web portal
      Jul22

      Cabinet allocates UAH 17 million on Prozorro public procurement web portal

      The Cabinet of Ministers of Ukraine has allocated UAH 17 million to support and modernize Prozorro public procurement web portal that will help prepare the system for a full-fledged launch for all customers from August 1.”This is a provision of financial support for the functioning of the web portal for public procurement in the amount of UAH 17...

      EU enlargement fatigue dampens Ukrainian hopes of membership – The Guardian
      Jul22

      EU enlargement fatigue dampens Ukrainian hopes of membership – The Guardian

      Despite a statement by EU commissioner for European neighbourhood policy and enlargement negotiations Johannes Hahn during his last week`s visit to Kyiv that Brexit would not have any influence on EU-Ukraine relationship, the European Union`s enlargement fatigue in fact worsens Ukraine`s chances to achieve long-awaited membership, according to...