Ukraine suspended foreign economic activities with 18 Russian sanctioned companies: details
Ukraine's Economic Development and Trade Ministry has introduced sanctions against 18 Russian companies. The sanctions will take effect on December 9, 2017.
Ukraine's government sends 2018 budget to parliament: Key benchmarks
Ukraine's Cabinet of Ministers has approved a draft national budget for 2018, which has been tabled in parliament, according to an UNIAN correspondent.
President met with EBRD President Suma Chakrabarti
President of Ukraine Petro Poroshenko held a meeting with President of the European Bank for Reconstruction and Development Suma Chakrabarti.
President: Dozens of law enforcement agencies cannot break open business doors
In the course of the meeting with the representatives of national and foreign business, President Petro Poroshenko emphasized that the protection and support for the middle class in Ukraine is a priority of the government.
FT: Ukraine eyes first dollar bond sale since Crimea annexation
Ukraine is preparing to issue its first dollar-denominated debt since the 2014 Russian annexation of Crimea in the latest test of investors' appetite for riskier but higher-yielding sovereign debt, according to The Financial Times (FT).
Ukraine sees exports growth by almost 24% in H1
Ukraine's exports of goods grew by 24.2%, or US$4.03 billion, in the first half of 2017 (H1) year-over-year (y-o-y), to $20.7 billion, according to the Ukrainian Economic Development and Trade Ministry's press service.
Reuters: Oil rises on U.S. crude stock draw, but prices remain weak
Oil prices recovered some ground on Thursday on strong demand in the United States, but analysts cautioned that oversupply would continue to drag on markets after a steep fall in the previous session, according to Reuters.
Cabinet of Ministers decides to recapitalize PrivatBank for $1.5 billion
The Cabinet of Ministers has decided to recapitalize PrivatBank for $1.5 billion. This was reported by Finance Minister Oleksandr Danylyuk during the press-briefing on Friday, according to Ukrainian News.
Kolomoisky comments on EY audit report on nationalized PrivatBank
Businessman Ihor Kolomoisky has commented on an annual report on PrivatBank, which was audited by Ernst & Young auditors.
Ukraine wants to boost farm produce exports to Hungary – agrarian ministry
Ukrainian Deputy Minister of Agrarian Policy and Food Olha Trofimtseva says that Ukraine plans to intensify trade and economic cooperation with Hungary and increase farm produce exports to that country, according to the ministry's press service.
Cabinet okays budget resolution for three years ahead
Ukraine's Cabinet of Ministers for the first time in the history of budgeting in independent Ukraine has approved a medium-term budget resolution for 2018-2020 with economic growth indicators projected at 3%, 4% and 5% for the next three years, respectively.
G7 leaders stand united in fight against terrorism – Taormina statement
The leaders of the G7 – the United States, the United Kingdom, Canada, France, Italy, Germany, and Japan – stand united in the fight against terrorism, according the G7 Taormina Statement on the fight against terrorism and violent extremism.
Cabinet takes number of measures for business deregulation
The Cabinet of Ministers of Ukraine has adopted a package of resolutions necessary for deregulation and support of doing business in Ukraine.
S&P affirms ratings on Ukraine at 'B-/B' with stable outlook
On May 12, 2017, S&P Global Ratings affirmed its 'B-/B' long- and short-term foreign and local currency sovereign credit ratings on Ukraine with the stable outlook, S&P said in a statement.
Gontareva's farewell letter: "Mission accomplished"
On May 10 was Valeria Gontareva's last working day as head of the National Bank of Ukraine (NBU). From May 11, she is on leave until the Verkhovna Rada accepts her resignation.
Most EBRD shareholders support restriction of bank's projects in Russia
The Russian Federation at a meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) in Cyprus on May 10 unsuccessfully tried to achieve the abolition of restrictions on financing projects in Russia imposed in 2014, Ukrainian Finance Minister Oleksandr Danyliuk has said.
NBU Governor Gontareva goes on long vacation instead of resignation – source
The Governor of the National Bank of Ukraine, Valeria Gontareva, who submitted a letter of resignation from May 10 to Ukrainian President Petro Poroshenko, is going on a long-term vacation, according to an UNIAN source in the NBU.
Russia interested in discrediting Normandy format, - Ukraine’s envoy in Minsk group
The Russian Federation is interested in discrediting and delaying the peace negotiations in the ‘Normandy format’. Ukraine’s Deputy Speaker and the envoy of this country in the Minsk talks group Iryna Gerashchenko said this on air of 112 Ukraine TV channel.
Court announces break in preparatory meeting on Yanukovych high treason case until May 18
The presiding judge of the Obolonsky district court of the city of Kyiv Vladyslav Deviatko has announced a break in the preparatory meeting on the case of high treason of former Ukrainian President Viktor Yanukovych until May 18.
PGO investigating embezzlement of over UAH 4 bln by employees, shareholders of Pivdencombank, Terra Bank
Ukrainian Prosecutor General's Office (PGO) is conducting a pretrial investigation in a criminal case relate to facts of embezzlement of funds in the amount of over UAH 4 billion by employees and shareholders of public joint-stock company Pivdencombank (Donetsk) and public joint-stock company Terra Bank (Kyiv) that resulted in declaring these banks insolvent.
No one laid claims to money confiscated from Yanukovych cronies' accounts
Ukrainian President Petro Poroshenko has said that as of Wednesday, there have been no complaints about the court ruling to confiscate the funds of former President Viktor Yanukovych and his entourage.
Oschadbank top managers start executing court decision to seize $1.5 bln from Yanukovych cronies, transfer to national budget
State-owned Oschadbank (Kyiv) has started executing the special confiscation of $1.5 billion of former Ukrainian President Viktor Yanukovych and his team under a court ruling, the press service of the National Security and Defense Council (NSDC) of Ukraine has reported.
Ukraine's state debt in U.S. dollars 0.83% up in March 2017
The total state (direct) and publicly guaranteed debt of Ukraine in March 2017 increased by UAH 10.48 billion ($600 million), to UAH 1.952 trillion ($72.35 billion), the Ministry of Finance reported on its website.
NBU declares Diamantbank insolvent
The National Bank of Ukraine (NBU) on April 24 recognized Diamantbank (Kyiv) insolvent, according to the central bank's website.
Finance Minister Danyliuk: Ukraine to borrow $1 bln abroad in autumn
Ukrainian Finance Minister Oleksandr Danyliuk has announced Ukraine will resume borrowings on foreign markets and expects to raise $1 billion this autumn after the launch of the land and pension reforms, according to the Finance Ministry's press service, which cited the minister's interview with The Wall Street Journal during his recent visit to the United States.
Dniprovahonmash increases wagon sales by almost 6 times in 2016
PJSC Dniprovahonmash (Dnipropetrovsk region), a large car building enterprise in Ukraine controlled by TAS Financial and Industrial Group, in 2016 sold 404 wagons, while in 2015 only 68 wagons were sold.
Kyiv to spend more than $3.4 million on road rehabilitation for Eurovision
Repair of roads for Eurovision will cost Kyiv $3.4 million. This was reported by the department of infrastructure of Kyiv City State Administration in response to 112.UA request.
Ukraine leads in EY EMEIA Fraud Survey 2017
Ukraine tops the fraud rating composed of 41 countries of Europe, the Middle East, India and Africa (EMEIA), according to a 2017 fraud survey conducted at the request of Ernst & Young.
Moody's downgrades PrivatBank's senior unsecured debt rating to 'C' from 'Ca'
Moody's Investors Service has downgraded the long-term foreign-currency senior unsecured debt rating of PrivatBank to C from Ca, reads a report on the rating agency's website.
Head of Ukraine's National Bank resigns
Chairwoman of Ukraine’s National Bank Valeriya Gontareva has officially resigned. She reported this at Monday briefing in Kyiv, thus confirming rumors about her leaving the office, which the media have been widely discussing for more than a month now.
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