Ukraine`s state debt 1.8% down in dollars, 10.7% up in hryvnias in two months
The total sum of Ukraine`s state and government-guaranteed debt by the end of February 2016 was estimated at $64.35 billion, which was 1.8%, or $1.16 billion, down on the beginning of the year, according to the Ukrainian Finance Ministry.At the same time, the total sum of state and government-guaranteed debt in the hryvnia equivalent as of the...
Ukraine agricultural sector sees almost 40% increase in revenue
Ukrainian agricultural producers report a 37% increase in dollar terms in their revenues last year to $4.1 billion as compared to the previous year, and a growth by 2.5 times in hryvnia terms to UAH 89.5 billion, Ukrainian Minister of Agrarian Policy and Food Oleksiy Pavlenko wrote on Facebook.”In 2015, agricultural producers posted record net...
Russia`s VEB may leave Ukrainian market in the long run
Russia`s state-run Vnesheconombank (VEB) announces it may leave the Ukrainian market in the long run, and the decision will be taken after a new strategy has been hammered out, according to Russian business news agency PRIME.”In the long-term outlook, we`ll be considering possibilities of leaving their [Ukrainian] market. We haven`t held any...
ICU Group rejects ties with Russian official after Panama Paper leak
ICU Group, which was owned by Valeriya Gontareva prior to her appointment as Governor of the National Bank of Ukraine (NBU), says it does not have any business relations with First Deputy President of Russian state-owned VTB Bank Yuri Soloviev.This statement was issued in response to accusations that have appeared in the media following the...
Parties to Nagorno-Karabakh conflict agree to cease hostilities
The parties to the Nagorno-Karabakh conflict have reached an agreement to cease hostilities starting 12:00 local time (11:00 Moscow time) on Tuesday, the Armenian Defense Ministry told TASS.Talks are currently underway on the details of the truce, according to TASS.The press service of the Azerbaijani Defense Ministry has confirmed...
Obama doesn`t think Trump to become U.S. President
U.S. President Barack Obama does not think that Republican presidential candidate Donald Trump will win the elections, White House press secretary Josh Earnest said at a daily press briefing on Monday.”The President has said in public is he is not particularly concerned about Mr. Trump becoming President of the United States. He doesn`t think...
EU to give EUR 97mln to Ukraine for support of local governance
Head of the Delegation of the European Union to Ukraine Jan Tombinski says that the European Union will provide EUR 97 million to support local governance in Ukraine.Tombinski said at a press conference in UNIAN that the European Union had developed a large-scale program to support local governance in Ukraine with a budget of EUR 97 million to be...
ISIS used mustard gas during attack on Syrian military airbase in Deir Ezzor
The Islamic State group, also known as ISIS, used mustard gas to attack Syrian troops during an offensive against a military airport in the eastern province of Deir Ezzor, state media reported late Monday, according to International Business Times (IBT).The number of casualties from the attack remains unclear, Syrian state media reported, adding...
Two Ukrainian soldiers killed, 10 wounded in Donbas in last day
Two Ukrainian soldiers were killed and another 10 were wounded in the Donbas conflict zone in the last 24 hours, presidential administration spokesman for the Anti-Terrorist Operation Colonel Andriy Lysenko said at a briefing in Kyiv on Tuesday, according to an UaPosition correspondent.”In the last day, we lost two Ukrainian soldiers, and another...
Artyomsol to open logistics centers in Bulgaria, Romania
Acting Director of Ukraine`s state-owned salt producer Artyomsol Volodymyr Dolia says that the enterprise plans to set up logistic centers in Europe to enter new markets and boost sales.”We plan to open logistics centers in Ukraine and Europe. This will help solve a problem with delivering products from the producer to the consumer within the...