Section: Economy

      Program for installation of heat meters in houses fails – Ukrainian Vice Prime Minister
      Nov23

      Program for installation of heat meters in houses fails – Ukrainian Vice Prime Minister

      The program for the installation of meters for heat has been failed by the local authorities and heat suppliers, Ukrainian Vice Prime Minister Pavlo Rozenko said on 112 Ukraine TV channel. ”I can say that the plans, which have been provided to local authorities and heat supplier enterprises to install meters in every household, failed. Local...

      Fitch upgrades 7 Ukrainian banks on sovereign rating change
      Nov23

      Fitch upgrades 7 Ukrainian banks on sovereign rating change

      Fitch Ratings has upgraded the Long-Term Foreign Currency Issuer Default Ratings (IDRs) of seven Ukrainian banks to `B-` from `CCC`, Fitch Ratings said in its press release. The Outlooks on six of the banks` Long-Term IDRs are Stable, the Outlook on PJSCCB Pravex-Bank (Pravex) is Negative, according to Fitch. The banks are JSC The State...

      Reuters says Russia smuggling jet fuel into Syria despite EU sanctions
      Nov23

      Reuters says Russia smuggling jet fuel into Syria despite EU sanctions

      Russian tankers have smuggled jet fuel to Syria through EU waters, bolstering military supplies to a war-torn country where Moscow is carrying out air strikes in support of the government, according to sources with knowledge of the matter, Reuters reports. At least two Russian-flagged ships made deliveries – which contravene EU sanctions...

      EU thinking about pre-Trump Russia sanctions
      Nov21

      EU thinking about pre-Trump Russia sanctions

      The future of the bloc`s sanctions against Russia will hang over an EU-Ukraine summit in Brussels on Nov. 24 as Donald Trump makes inroads with his Russian counterpart, Vladimir Putin, and puts in place a new American foreign-policy team, according to Bloomberg. With the penalties due to expire on January 31 2016, EU governments are likely to...

      Switzerland extends sanctions against Russian MPs
      Nov18

      Switzerland extends sanctions against Russian MPs

      Switzerland has added more persons to the watchlist, aimed to prevent bypassing sanctions of the United States and the European Union, implemented because of Russian aggression in Ukraine, according to Ukraine Today. Six persons whose names are now added were elected in Crimea and the city of Sevastopol as new Duma (Russian parliament) deputies,...

      Lithuanian Parliament urges EU to extend sanctions against Russia
      Nov18

      Lithuanian Parliament urges EU to extend sanctions against Russia

      Lithuania`s Seimas has passed a resolution regarding Russian aggression in Ukraine, urging the EU to prolong its economic sanctions against the Russian Federation, according to Delfi. The resolution was supported in a unanimous vote of 105 deputies, Delfi reports. ”The Seimas calls on EU Member States to extend sanctions against the Russian...

      Obama, Merkel discuss maintaining Russia sanctions until full implementation of Minsk
      Nov18

      Obama, Merkel discuss maintaining Russia sanctions until full implementation of Minsk

      U.S. President Barack Obama and German Chancellor Angela Merkel discussed the issue of maintaining economic sanctions against the Russian Federation until Moscow fully implements the Minsk agreements, Mr Obama said during the two leaders` joint press conference in Berlin Thursday. ”Of course, we discussed our commitment to meet our shared...

      European leaders, Obama to discuss Russia sanctions in Berlin
      Nov17

      European leaders, Obama to discuss Russia sanctions in Berlin

      European leaders and President Barack Obama on Friday will discuss extending sanctions imposed on Russia for its intervention in Ukraine, and possible new sanctions for its bombing in Syria, sources familiar with the plans said, according to Reuters. The meeting in Berlin, hosted by German Chancellor Angela Merkel and including the leaders of...

      House reauthorizes Iran sanctions bill, sets Syria sanctions
      Nov16

      House reauthorizes Iran sanctions bill, sets Syria sanctions

      U.S. lawmakers passed bills on Tuesday renewing sanctions on Iran for 10 years and imposing new sanctions on Syria, underscoring their determination to play a strong role in Middle East policy no matter who occupies the White House, according to Reuters. The House of Representatives voted 419 to one for a 10-year reauthorization of the Iran...

      Speaker of Sweden`s Riksdag stands for rolling over anti-Russia sanctions
      Nov16

      Speaker of Sweden`s Riksdag stands for rolling over anti-Russia sanctions

      Speaker of Sweden`s Riksdag Urban Ahlin has spoken out for rolling over sanctions against Russia during negotiations with Ukrainian President Petro Poroshenko, who is on an official visit to that country, according to the president`s press service. ”The Speaker of the Riksdag emphasized the importance of rolling over sanctions against Russia...