Ukraine cannot delay raising effective pension age – IMF
Ukraine cannot afford to delay comprehensive pension reform much longer, including by raising the effective retirement age, the IMF said in a press release following a Monday meeting of the Executive Board on the Ukrainian issue. ”Notwithstanding the large fiscal adjustment, public debt remains high. The urgency of structural fiscal reforms to...
Ukrainian Foreign Minister expresses condolences to families of victims of St. Petersburg subway bombing
Ukrainian Foreign Minister Pavel Klimkin on Twitter has expressed his condolences to the victims of the attack in the St. Petersburg subway earlier on Monday. Klimkin also noted that the Ukrainian diplomats were checking information on possible casualties among the Ukrainian citizens. ”We are checking, whether there are any Ukrainians were hurt...
IMF approves 4th loan tranche for Ukraine
Ukraine`s key creditor, the International Monetary Fund, has completed the third review of its cooperation program with Ukraine involving the Extended Fund Facility and approved for the first time in history the allocation to Ukraine of the fourth loan tranche worth $1 billion, President Petro Poroshenko wrote on Facebook. ”The Executive Board of...
Ukraine and Canada signed military cooperation agreement
Ukraine`s Defense Minister Stepan Poltorak and Canadian Minister of National Defense Kharjit Singh Saijan signed a cooperation agreement on Monday, April 3 2017. At a signing ceremony, broadcast by Canada`s Defense Ministry on Facebook, Minister Poltorak stressed that his visit to Canada was a historic one, being the first official visit of a...
Oil edges up on weaker dollar, Libya output return weighs
Oil prices rose slightly on Tuesday due to a weaker dollar, though a rebound in Libyan production put pressure on the market and rising U.S. drilling signaled the potential for increased supply and capped price gains, according to Reuters. International Brent crude futures were trading up 7 cents at $53.19 a barrel at 04:12 GMT from the previous...
Ukraine sees 8% decline in steel output in three months
Ukraine smelted 5.6 million tonnes of steel in January-March 2017, which was 8% down year-over-year, according to the Ukrmetprom (formerly Metallurgprom) association of Ukrainian steel producers. The total production of metal rolled products over the period under review also decreased by 8%, to 4.9 million tonnes, while pig iron output shrank by...
Ukraine doubles cherry exports in 2016
Ukrainian agrarians exported 1,880 tonnes of cherries and sweet cherries in 2016, which was twice the shipments in 2015, according to the press service of the Ukrainian Agribusiness Club. If in 2013 over 4,000 tonnes of Ukrainian stone fruits, which was 99% of all stone fruits exports, was shipped onto the Russian market, the main consumer of...
Ukrainian President`s 2016 e-declaration: $26 mln in bank accounts, flats, land and jewelry
Ukrainian President Petro Poroshenko has submitted an electronic declaration of income for 2016, the document appeared on the website of the National Agency on Prevention of Corruption two hours before the deadline on Friday, March 31, according to the television news service TSN. The declaration lists a 1,332-square-meter house in the village of...
Poland accuses Russian air traffic controllers over Smolensk air crash
Polish prosecutors said on Monday they would press charges against two Russian air traffic controllers of deliberately causing a 2010 plane crash that killed Poland`s president and 95 other people, according to Reuters. The crash near Smolensk in western Russia killed the Polish President Lech Kaczynski and his wife, as well as the central bank...
NBU buys US$131 mln more than it sells on interbank forex market in 2017
The National Bank of Ukraine (NBU) bought US$ 131 million more than it sold on the Ukrainian interbank market from January 1 to March 31, 2017, as part of its operations to replenish the country`s international reserves, according to the NBU. The situation on the interbank forex market in March remained stable, the NBU said in its macroeconomic...
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Not only Russia. How populists destroy the greatness of the West Wednesday, October 4, 2023 - 06:27 (EEST)
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