Section: News & Summaries

      Customs reform to consider positive results of national police reforms – Finance Minister
      Jul18

      Customs reform to consider positive results of national police reforms – Finance Minister

      Ukraine`s Finance Minister Oleksandr Danylyuk has said customs reform in Ukraine should follow the approach applied while reforming the national police.In an interview with one of the country`s leading TV channels, Danylyuk stated it was the only effective way to combat corruption, attract new people and alter the officers` attitude toward...

      3 wounded as militants shoot at peaceful protesters in occupied Donbas: Intel
      Jul18

      3 wounded as militants shoot at peaceful protesters in occupied Donbas: Intel

      A shooting broke up a peaceful rally in the militant-occupied town of Komsomolsk, as Russian proxies attempted to disperse protesters, wounding at least three, according to a report by Ukraine`s military intelligence.Discontent is growing about the presence of Russian occupation troops among residents of the temporarily occupied areas in eastern...

      1 KIA, 5 WIAs among Ukraine forces in Donbas in last 24 hrs – ATO HQ
      Jul18

      1 KIA, 5 WIAs among Ukraine forces in Donbas in last 24 hrs – ATO HQ

      One Ukrainian soldier was killed and another five were wounded over the past day in the zone of the Anti-Terrorist Operation in eastern Ukraine, according to the ATO HQ.The information was reported at a Kyiv briefing by Andriy Lysenko, the spokesman for the Presidential Administration for ATO issues on Monday.As UNIAN reported earlier, over the...

      President signs law allowing companies to restructure debts owed to banks
      Jul18

      President signs law allowing companies to restructure debts owed to banks

      President of Ukraine Petro Poroshenko has signed the law on financial restructuring, which regulates the procedure for restructuring operating businesses` debts owed to banks, according to a post on the Ukrainian parliament`s website.Notably, adoption of the law will allow Ukraine to fulfill its obligations outlined in the memorandum [of...

      Oil prices largely unchanged as market shrugs off Turkey coup bid
      Jul18

      Oil prices largely unchanged as market shrugs off Turkey coup bid

      Oil prices were virtually unchanged in choppy Asian trade on Monday following gains last week as traders shrugged off the impact of Friday`s attempted coup in Turkey, while upbeat economic data from the United States lent price support, Reuters reported.Brent crude futures rose 2 cents at $47.63 a barrel as of 0653 GMT after closing up 24 cents...

      Sea Breeze 2016 exercises begin in Black sea
      Jul18

      Sea Breeze 2016 exercises begin in Black sea

      U.S. Navy has joined their Ukrainian counterparts to conduct a multinational operation on security in a crisis region, according to Ukraine Today.The exercises will be conducted in Odesa and Mykolaiv regions as well as in the north-western part of the Black sea, Ukraine Today reports.The training includes conducting landing operations and their...

      Ukraine resumes gas imports from Poland
      Jul18

      Ukraine resumes gas imports from Poland

      Ukraine has resumed gas deliveries from Poland, totaling 0.3 million cubic meters per day, according to a spokesman for the country`s gas transportation system (GTS) operator Ukrtransgaz.To replenish its gas stocks ahead of the heating season, from July 16, Ukraine has increased gas imports from Slovakia fourfold, up to 8.8 million cubic meters,...

      SBU chief on ”cross procession”: Anti-Ukrainian forces need their Franz Ferdinand
      Jul18

      SBU chief on ”cross procession”: Anti-Ukrainian forces need their Franz Ferdinand

      Chairman of Ukraine`s SBU Security Service Vasyl Hrytsak warned of the risk of destabilization in Ukraine in connection with the ”cross procession” organized by the Ukrainian Orthodox Church of the Moscow Patriarchate.”The risk [of destabilization in connection with the `cross procession`] exists, frankly speaking,” Hrytsak said at a joint...

      Finance Ministry, supported by PwC, to get internal reform underway
      Jul18

      Finance Ministry, supported by PwC, to get internal reform underway

      Ukraine`s Finance Ministry, with support from Pricewaterhouse Coopers, one of the world`s largest consulting companies, will begin implementation of a project on internal transformation to improve the ministry`s performance.The project is expected to streamline internal processes, improve internal communication and enhance staff accountability,...

      Ukraine seeks investors for its biggest ammonia maker – Bloomberg
      Jul18

      Ukraine seeks investors for its biggest ammonia maker – Bloomberg

      Ukraine is seeking investors for a majority stake in Odesa Portside Chemical Plant (OPP), the country`s biggest ammonia factory, in an effort to fill its dwindling coffers, according to Bloomberg.The government is expecting bids for a 99.567% stake in the OPP with a starting price of UAH 13.2 billion ($532 million) by 18:00 Kyiv time on July 18,...