NBU says 37 banks should raise charter capital to $7.4 mln by July 11
Mar24

NBU says 37 banks should raise charter capital to $7.4 mln by July 11

The National Bank of Ukraine (NBU) says that 37 Ukrainian banks should increase their charter capital to at least UAH 200 million, or US$7.4 million, by July 11, 2017, according to the NBU`s website. The newly adopted law on simplification of bank capitalization and reorganization, passed by the Verkhovna Rada on March 23, 2017, deals mainly with...

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Ukraine`s Deputy PM: Broadcast of Samoilova`s performance on Ukrainian TV ”violation of law”
Mar24

Ukraine`s Deputy PM: Broadcast of Samoilova`s performance on Ukrainian TV ”violation of law”

Deputy Prime Minister of Ukraine Viacheslav Kyrylenko says that the European Broadcasting Union, which is the organizer of the Eurovision Song Contest, must take into account that the broadcast of the Russian entrant Julia Samoilova`s performance by Ukrainian TV channels is a violation of Ukrainian laws. ”The broadcast of Samoilova`s performance...

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Ukraine`s economy ministry reports 4.6% decline in exports in 2016
Mar24

Ukraine`s economy ministry reports 4.6% decline in exports in 2016

The Ukrainian Economic Development and Trade Ministry says the country`s exports in 2016 fell by 4.6%, or US$1.8 billion, from 2015, which coincides with the State Statistics Service`s estimates, according to the ministry`s press service. ”Negative trends [in exports] are due to the unstable political and economic situation in certain regions of...

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Russian paratroopers to hold drills in Belarus – Russian Ministry of Defense
Mar24

Russian paratroopers to hold drills in Belarus – Russian Ministry of Defense

Personnel of Ivanovo-based Airborne Troops group will take part in the joint Belarusian-Russian brigade tactical training involving landing and combat shooting, to be held March 28 – April 6 at one of the training grounds in Belarus, according to the Russian Ministry of Defense. Currently, part of Russian forces scheduled to take part in...

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European Broadcasting Union offers Russian singer opportunity to perform via satellite
Mar24

European Broadcasting Union offers Russian singer opportunity to perform via satellite

The European Broadcasting Union in its statement issued March 23 offered that the Russian entrant to the Eurovision Song Contest, Julia Samoylova, perform via satellite broadcast. Eurovision Song Contest Executive Supervisor, Jon Ola Sand said: ”We are continuing our dialogue with the Ukrainian authorities with the ambition to have all artists...

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Industrial output in Ukraine drops 4.6% following January growth
Mar24

Industrial output in Ukraine drops 4.6% following January growth

Ukraine`s industrial output in February 2017 fell by 4.6% in annual terms, without taking into account the adjustment for the calendar days effect, after rising 5.6% a month earlier, according to the State Statistics Service. Taking into account the calendar days effect adjustment, the fall in industrial output in February was 1.7% in annual...

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IMF technical mission arrives in Ukraine – Finance Ministry
Mar24

IMF technical mission arrives in Ukraine – Finance Ministry

Technical mission of the International Monetary Fund has started its work in Ukraine, according to the Ministry of Finance of Ukraine. According to the Finance Ministry, among the key issues on the agenda is the assessment and recommendations on the concept of development of the State Fiscal Service, which was developed by the ministry together...

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NATO`s supreme commander wants more weapons to combat Russian threat
Mar24

NATO`s supreme commander wants more weapons to combat Russian threat

NATO`s supreme commander on Thursday called for an escalated military buildup in Europe to deter Russia as senators from both sides of the aisle questioned whether U.S. President Donald Trump would confront or cooperate with President Vladimir Putin, according to Military.com. ”His intent is to fracture NATO,” Army Gen. Curtis M. Scaparrotti said...

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Reuters: Oil edges up as Saudis cut supplies to U.S., but global glut remains
Mar24

Reuters: Oil edges up as Saudis cut supplies to U.S., but global glut remains

Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the back of a world market awash with fuel, according to Reuters. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were at $50.63 per barrel at 0343 GMT, up 7 cents from...

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Manafort had plan to benefit Putin government
Mar23

Manafort had plan to benefit Putin government

President Donald Trump`s former campaign chairman, Paul Manafort, secretly worked for a Russian billionaire to advance the interests of Russian President Vladimir Putin a decade ago and proposed an ambitious political strategy to undermine anti-Russian opposition across former Soviet republics, The Associated Press has learned. The work appears...

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