Ukraine leaders condemn attack on Polish Consulate in Lutsk
Ukrainian President Petro Poroshenko on Wednesday strongly condemned the attack on the Consulate General of Poland in Lutsk, while the country`s Foreign Minister Pavlo Klimkin expressed outrage over the act which he called ”provocation.” ”The president strongly condemned the shelling of the Consulate General of Poland in Lutsk,” Poroshenko`s...
Toshiba to declare nuclear service company Westinghouse bankrupt
Japanese Toshiba`s subsidiary company Toshiba Westinghouse Electric, the American-Japanese company servicing nuclear power plants, will be declared bankrupt due to losses reaching $7 billion with another $2 billion to be lost due to the bankruptcy procedure, according to Reuters. Toshiba plans to file for Westinghouse Electric`s bankruptcy on...
NBU streamlines requirements for eligible collateral against emergency liquidity assistance loans
The NBU expanded the list of eligible collateral for ELA and simplified the procedural formalities, according to the central bank`s website. The new Emergency liquidity assistance (ELA) facility was put in place in December 2016. ELA loans are intended to cover temporary liquidity shortages experienced by a bank, which is provided in the event of...
Ukraine apple exports to EU soar by 347 times over past 3 years
Ukrainian farmers increased exports of apples to the European Union by 347 times compared to 2013, while those to Asian countries rose by 55 times, according to the Ukrainian Agrarian Policy and Food Ministry`s press service. ”The shipments of apples from Ukraine to the EU countries grew by 347 times, to 1,130 tonnes in 2016 against 2013. Apple...
Occupation of Donbas, Crimea makes Ukrainian exports lose almost $14 bln – economy ministry
Export losses due to the occupation of Donbas and Crimea amounted to US$12.9 billion, while total export losses of Ukraine amounted to $25.2 billion over the past years, that`s according to a draft export strategy, published on the website of the Ministry of Economic Development and Trade. ”The cost of export losses at the expense of these areas...
Ukrainian army Geneneral Nazarov sentenced to 7 years in prison in Il-76 case
Ukrainian army Gen. Viktor Nazarov has been sentenced to seven years in prison on charges of neglect of duty and inaction in the case of an Il-76 transport aircraft downed in Luhansk in 2014, which resulted in the death of 40 Ukrainian paratroopers, according to the media outlet InfoResist. ”Viktor Mykolayovych Nazarov is found guilty and...
EU could enforce tourist visa liberalization for Ukraine as early as June 11
The European Union`s visa liberalization decision regarding Ukraine can enter into force on June 11, 2017, Brussels-based RFE/RL journalist Rikard Jozwiak wrote on Twitter. ”For Ukraine, the plenary meeting of the EP [European Parliament] to vote for visa lib will be held April 6 and the EU will likely to endorse it on April 26. Signing will take...
EU top court upholds sanctions against Russia`s Rosneft
Europe`s top court on Tuesday upheld European Union sanctions on Russia over the Ukraine conflict, including on its largest oil group Rosneft, in a ruling that asserts the court`s jurisdiction over the bloc`s foreign policy, according to Reuters. The European Court of Justice (ECJ) said ”restrictive measures … in response to the crisis in...
Ukraine`s state debt hikes to $71.76 bln in Feb
Ukraine`s state and government-guaranteed debt, estimated in U.S. dollars, rose by 0.78%, to $71.76 billion, as of February 28, according to the Ukrainian Finance Ministry`s website. The debt in the hryvnia equivalent is estimated at UAH 1.941 trillion. The ministry claims that the main reason for the growth of the national debt in February was...
Russian aggression against neighbors may come from Belarusian soil – Speaker of Ukrainian Parliament
Russian-Belarusian military exercises ”West-2017,” scheduled to be held this fall, can be used to launch direct aggression against neighboring countries, including Ukraine, Verkhovna Rada Speaker Andriy Parubiy said, addressing the participants of the Ukraine – Poland – Lithuania Interparliamentary Assembly on Monday, the press...
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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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