Section: Main news

      Ukrainian Naftogaz expects to receive World Bank loan for gas purchase by late Nov
      Nov09

      Ukrainian Naftogaz expects to receive World Bank loan for gas purchase by late Nov

      National Joint Stock Company Naftogaz of Ukraine expects by the end of this month to sign loan guarantees worth $500 million with the World Bank for the purchase of natural gas for the passage of the 2016-2017 heating season, Chief Commercial Officer of NJSC Naftogaz of Ukraine Yuriy Vitrenko said during the parliamentary hearings, which were...

      ”World will become a crazier place”: reaction of world leaders on Trump`s victory
      Nov09

      ”World will become a crazier place”: reaction of world leaders on Trump`s victory

      As the Republican candidate, Donald Trump, has won the presidential elections in the United States, world leaders responded to the news. Trump got the required 270 electoral votes. In turn, his opponent Democrat Hillary Clinton called him and conceded the elections. World leaders have already responded to the victory of Donald Trump. In...

      Does Saakashvili’s Resignation Mark the End of Reform in Ukraine?
      Nov09

      Does Saakashvili’s Resignation Mark the End of Reform in Ukraine?

      Mikheil Saakashvili’s resignation this week does not mark the failure of reform efforts in Ukraine. It opens a new chapter.“Odesa can only develop once Kyiv will be freed from these bribe takers, who directly patronize organized crime and lawlessness,” he bluntly told journalists when he announced he was quitting on November 7.This opinion...

      One-third of Ukrainian banks incur loss since 2016
      Nov09

      One-third of Ukrainian banks incur loss since 2016

      A total of 35 out of 100 operating banks in Ukraine in January-September this year have incurred a loss worth UAH 20.375 billion, according to the National Bank of Ukraine. According to the data on the financial results of Ukrainian banks at the end of the third quarter, other 65 banks made a profit in the total amount of UAH 8.750 billion, and,...

      Cabinet accepts Saakashvili`s resignation
      Nov09

      Cabinet accepts Saakashvili`s resignation

      The Cabinet of Ministers at its meeting on Wednesday accepted the resignation of Head of the Odesa Regional State Administration Mikheil Saakashvili. The government has taken such a decision, considering the staffing issues, according to Ukrainska Pravda. According to one of the ministers, the issue on the approval of Saakashvili`s resignation...

      Russian troops attacked Ukraine 54 times in last day, fired artillery in Luhansk region
      Nov09

      Russian troops attacked Ukraine 54 times in last day, fired artillery in Luhansk region

      Combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 54 times in the past 24 hours, including 32 in the Mariupol sector, 16 barrages in the Luhansk sector, and eight in the Donetsk sector, according to the press service of the Anti-Terrorist Operation (ATO) Headquarters. View map in full size In the Mariupol...

      Putin congratulates Trump
      Nov09

      Putin congratulates Trump

      In a telegram to U.S. President-Elect Donald Trump, Vladimir Putin has expressed hope for joint work to steer Russia-US relations out of crisis, TASS reported. Russian President Vladimir Putin has sent a message of greeting to Donald Trump upon his victory in the U.S. presidential election, according to the Kremlin`s press service, TASS wrote....

      Ukraine, Not Syria, Should Be Top Priority for President Trump
      Nov09

      Ukraine, Not Syria, Should Be Top Priority for President Trump

      Resolving the conflict in Ukraine should be a higher priority for the United States and Europe than addressing the civil war in Syria, said Archbishop Zoria Yevstratiy, representative of the Ukrainian Orthodox Church Kyiv Patriarchate, during a visit to Washington, DC. “I’m very sorry about the Syrian people, but Ukraine can’t be...

      Ukraine`s draft budget assumes minimum wage at UAH 3,200, additional costs at UAH 28 bln
      Nov09

      Ukraine`s draft budget assumes minimum wage at UAH 3,200, additional costs at UAH 28 bln

      Ukraine`s draft state budget for 2017, submitted by the Cabinet of Ministers to the Parliament for a second reading on Wednesday, assumes a twofold increase from January 1 of the minimum wage to UAH 3,200. ”To set in 2017 the minimum wage: a monthly amount: from January 1 – UAH 3,200, an hourly rate: from January 1 – UAH 19.34,” reads the updated...

      Nerve-Racking November: Ukraine’s Energy Subsidies Leave Some in the Cold
      Nov09

      Nerve-Racking November: Ukraine’s Energy Subsidies Leave Some in the Cold

      “The first week of November is so nerve-racking. Until I get the bill, I don’t know if my subsidy has been extended for this heating season and what amount will it cover,” my friend’s mother, a 69-year old pensioner in Kyiv, said when I called to check on her. “With these high utility prices—if the subsidy is lowered or denied, my...