Section: Latest news
Ukraine`s Agrarian Minister calls for privatization of SFGCU, Agrarian Fund
Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi has spoken in favor of privatization of the State Food and Grain Corporation of Ukraine and the Agrarian Fund, the state-owned enterprise on forward purchases.”I am convinced that such enterprises as the Agrarian Fund and the SFGCU may be more effective, and it makes no sense to keep...
Russian special services force Ukrainian workers in Russia into cooperation: SBU
The Security Service of Ukraine learned that the Russian special services try to recruit seasonal workers from Ukraine, resorting to threats and blackmail.The special services of the Russian Federation tried to force a Ternopil resident, who had moved to work in Russia in his teenage years, into spying for Russia against Ukraine, according to the...
High Time for Privatization in Ukraine
Last year, the Ukrainian government recorded 1,833 operating state-owned companies, and another 1,700 that were standing still. These 3,500 companies do not yield any profits; instead, they cause the government vast losses. Any profit is stolen. Sensibly, the government focused on cutting losses and improving corporate governance in 2015. Now,...
How Ukraine Can Recover Its Stolen Assets from Kleptocrats and Russia
Ukraine has suffered from a negligent and criminal administration, then revolution, war, invasion, annexation, and a situation close to economic collapse. One can argue that turning to legal solutions for recovery of some of the losses that Ukraine has suffered is not realistic or practical. While it is true that Ukraine cannot frogmarch members...
Reduction of hryvnia loan rates below 10% possible in 5 yrs – NBU Deputy Governor
Deputy chief of the National Bank of Ukraine Dmytro Solohub said that the rates on bank loans in the national currency can fall under 10% in the next five years, provided that the deposit rates are at around 5%, as well as Ukraine`s judicial and tax systems are reformed.”If we are talking about inflation falling down to 5% in 2-3 years, and there...
BPP faction elects new chairman
The Bloc of Petro Poroshenko faction unanimously elected chairman of the faction Ihor Hryniv, according to an UaPosition correspondent citing his sources in the faction.As UaPosition reported earlier, former chairman of the Bloc of Petro Poroshenko faction, Yuriy Lutsenko, on May 12 was appointed a Prosecutor General of Ukraine.The Bloc of Petro...
Jamala’s Triumph at Eurovision Reminds Ukraine to Take Cultural Diplomacy Seriously
The 2016 Eurovision Song Contest has energized Ukrainians, whose spirits had been low due to “Ukraine fatigue,” continuous political feuds, and lack of reforms. Jamala’s win and her powerful song about persecution and the abuse of Crimean Tatars has filled our hearts with pride and solidarity. It also reminds us that culture is a powerful...
Ukraine GDP shows slight rise in 1Q – State Statistics Service
Ukraine`s GDP grew by 0.1% in the first quarter of 2016 in annual terms, compared with the first quarter of 2015, as reported on the website of the State Statistics Service of Ukraine, referring to operative data.The gross domestic product of Ukraine in the first quarter of 2016 compared with the fourth quarter of 2015 decreased by 0.7%, taking...
Impossible to have meaningful reforms in Ukraine when borders unstable: U.S. State Department
U.S. Deputy Assistant Secretary of State Benjamin Ziff was critical of Russia`s failure to implement the Minsk agreements in Donbas in an interview with Lithuania`s LNK TV.”Our position on Minsk Agreements is very clear: they have to be fully implemented before any sanction relief on Russia can be contemplated,” said Ziff.”It is impossible to...
Trump says unlikely to have good relationship with British PM Cameron
Donald Trump has said he is unlikely to have a good relationship with David Cameron because the British prime minister cast the U.S. presidential candidate as ”divisive, stupid and wrong” for proposing a temporary ban on Muslims entering the United States, according to Reuters.After Trump`s call for an entry ban on Muslims, Cameron criticized...