: :inin Kyiv (EET)

Section: Economy

      We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk
      Nov29

      We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk

      During his visit to Brussels on Monday, November 28, leader of the Popular Front Party, Ukraine`s former Prime Minister Arseniy Yatsenyuk met with Vice-President of the European Commission Maros Sefcovic. After the meeting, the leader of the Popular Front said that the issues were discussed in particular on energy security. He recalled that the...

      Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln
      Nov29

      Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln

      The average savings in tenders was at 13%, while the average number of bidders was 2.5 for each tender. Budget savings due to the use of the system of electronic public procurement Prozorro, extended to all state customers from August 1, was UAH 7.03 billion as of November 28. Relevant information was published in Prozorro business analytics...

      Ukraine`s consolidated budget sees UAH 27 bln deficit in 10 months
      Nov28

      Ukraine`s consolidated budget sees UAH 27 bln deficit in 10 months

      The deficit of Ukraine`s consolidated budget in January-October 2016 amounted to UAH 26.866 billion (US$1.044 billion), against a surplus of UAH 26.792 billion ($1.042 billion) registered in the same period of 2015, according to Ukraine`s State Treasury Service. The deficit of the national budget in the ten months of 2016 was estimated at UAH...

      Hryvnia strengthens to UAH 25.68 to dollar on interbank market
      Nov28

      Hryvnia strengthens to UAH 25.68 to dollar on interbank market

      Hryvnia quotations against the dollar on the interbank currency market on Monday strengthened to UAH 25.65/25.68 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent. Hryvnia quotes against the euro have settled at UAH 27.29/27.35, while those against the Russian ruble have settled at UAH...

      Liquidation of bank belonging to Yanukovych`s son extended until 2020
      Nov28

      Liquidation of bank belonging to Yanukovych`s son extended until 2020

      Ukraine`s Deposit Guarantee Fund has extended the period of the liquidation of National Bank for Development (VBR) belonging to Oleksandr Yanukovych, the son of former Ukrainian President Viktor Yanukovych, until 2020, according to a posting on the Fund`s website. The Fund also prolonged the authority of the bank`s liquidator, Serhiy Mykhno. As...

      Oil prices fall over doubts of planned crude output cut
      Nov28

      Oil prices fall over doubts of planned crude output cut

      Oil prices fell on Monday, adding to Friday`s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday aimed at reining in global oversupply, according to Reuters. Brent crude futures LCOc1 fell 2 percent at one point, but regained ground to trade down 35 cents, or 0.74 percent,...

      European Commission President Juncker sees no ”argument” for lifting anti-Russian sanctions
      Nov28

      European Commission President Juncker sees no ”argument” for lifting anti-Russian sanctions

      European Commission President Jean-Claude Juncker says he sees no argument for lifting sanctions against Russia, according to Euronews. ”Up until now, I have seen no argument for the sanctions against Russia being immediately lifted,” Juncker said in an interview with Euronews. ”I would like to have an agreement with Russia that goes beyond the...

      Fitch affirms biggest Ukraine`s PrivatBank at `CCC`
      Nov28

      Fitch affirms biggest Ukraine`s PrivatBank at `CCC`

      Fitch Ratings has affirmed PJSC CB PrivatBank`s (Privat) and Bank Pivdennyi`s (PB) Long-Term Foreign Currency Issuer Default Ratings (IDR) at `CCC`, Fitch Ratings said in its press release. The IDRs are driven by the banks` respective standalone creditworthiness, as expressed by the `ccc` Viability Ratings (VRs). The VRs reflect weak asset...

      Public-private cooperation to make Ukraine`s information policy proactive
      Nov27

      Public-private cooperation to make Ukraine`s information policy proactive

      Key speakers at the panel discussion on the new communication strategies revealed to Ukraine Today how Ukraine should informationally respond to the Russian hybrid war. For the past 3 years, Russia`s been actively exploiting the means of a hybrid warfare to gain the lead not only at the front but also in the information field. Fake news,...

      EBRD, Ukraine agree to cooperate in transformation of Oschadbank
      Nov26

      EBRD, Ukraine agree to cooperate in transformation of Oschadbank

      Ukraine and the European Bank for Reconstruction and Development (EBRD) have agreed on measures to support and reform PJSC State Savings Bank of Ukraine Oschadbank and signed a memorandum of understanding. The memorandum was signed off by Ukrainian Finance Minister Oleksandr Danyliuk, Managing Director for Eastern Europe and the Caucasus for the...

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