Section: Economy
Ukrainian Government not to raise retirement age – Deputy Prime Minister of Ukraine
Deputy Prime Minister of Ukraine Pavlo Rozenko says the question of raising the retirement age in Ukraine has been withdrawn from the agenda of the government and the IMF, Espreso.TV reports. ”The government has withdrawn the retirement age issue for now, clearly stating its position. It will not make any proposals to increase the retirement age...
India top buyer of Ukrainian wheat this season
Ukraine`s January wheat exports fell by around 14% to 1.2 million tonnes and most of it went to India, UkrAgroConsult reported on Wednesday. India, a major importer of Ukrainian wheat this season, consumed 780,000 tonnes or 64% of Ukraine`s wheat exports last month, according to UkrAgroConsult. ”Taking into account wheat cargoes intended for...
The U.S. Treasury Department eases sanctions against Russia
The USA Treasury Department announces the easing of sanctions on Russia and allowed the U.S companies to interact the Federal Security Service of the Russian Federation (FSB) The U.S. Treasury Department published Cyber-related General License (GL) 1 and said that sanctions were adjusted to gain approval to import information technology products...
Hungarian government promises Putin to lift sanctions on Russia and hopes Trump won’t provide pressure
On February 2, 2017, the President of the Russian Federation Vladimir Putin has come with the official visit to Hungary and met with Hungarian Prime Minister Viktor Orban. This is the second Putin’s official visit to Budapest in two years since the introduction of sanctions against the Russia Federation because of its illegal annexation of Crimea...
EU three-year anti-corruption program to be launched in Ukraine on February
Foreign Minister of Denmark Anders Samuelsen announces that Denmark will begin implementing the anti-corruption scheme of the European Union (EU) in Ukraine from February 1, 2017. Denmark as the Europe’s least corrupt country will officially head the EU anti-corruption program in Ukraine. “As Europe’s least corrupt country, we come to...
German Minister-President of Bavaria calls to lift sanctions against Russia in 2017
Minister-President of Bavaria , Germany, the head of Germany’s Christian Social Union in Bavaria party, Horst Seehofer, stated that sanctions imposed against the Russian Federation by the EU and the USA for Russian illegal annexation of Crimea and Russian military actions in Ukraine had to be lifted in 2017, according to Bild am Sonntag. Horst...
The President of PACE calls for the lifting sanctions against Russia
President of the Parliamentary Assembly of the Council of Europe (PACE), Pedro Agramunt, stated that all political sanctions against Russia imposed as a result of the illegal annexation of Crimea by the Russian Federation should be lifted and the Assembly should make everything possible to return Russian delegation. During his visit to Moscow...
Ukrainian President and a lot of parliament members to ignore the Davos Ukrainian Lunch organized by pro-Russian oligarch Pinchuk
President of Ukraine Petro Poroshenko and a number of other officials who take part in the World Economic Forum (WEF) in Davos, Switzerland, will not join the Ukrainian Lunch organized by pro-Russian billionaire, media mogul and founder of Yalta European Strategy Victor Pinchuk after the publication of Pinchuk’s commentary on December 29,...
IMF demands Ukraine to implement a pension reform, reduce the number of state employees, abolish the simplified tax system and open a land market
The recent version of the Memorandum of Cooperation between Ukraine and the International Monetary Fund (IMF) states that Ukraine should implement a pension reform, reduce the number of state employees, abolish the simplified tax system and open a land market, in total for 12 structural points. The Cabinet of Ministers of Ukraine should make a...
Ukraine will defend its position in English High Court against Russia’s suit on Yanukovych’s $3 bln debt
On Tuesday, January 17, 2017, in the High Court of England starts the first hearing in consideration of the claim of Russia against Ukraine on $ 3 billion debt, according to the official the website of the court. Kyiv authorities consider a $3 billion loan from Russia negotiated between then-President of Ukraine Viktor Yanukovych and Russian...