Section: Latest news

      Official hryvnia exchange rate weakens again
      Dec22

      Official hryvnia exchange rate weakens again

      The National Bank of Ukraine (NBU) on Monday, December 22, lowered the official exchange rate of the hryvnia against the U.S. dollar by eight kopecks compared to December 19, to UAH 15.8544 per U.S. dollar, according to the official website of the central bank. The official exchange rate of the hryvnia against the euro is UAH 19.4676/EUR 1 (UAH...

      Defense Ministry to be reformed under volunteers’ concept – president’s advisor
      Dec22

      Defense Ministry to be reformed under volunteers’ concept – president’s advisor

      A presidential advisor, assistant to the defense minister and coordinator of the Wings of the Phoenix volunteer project, Yuriy Biriukov, reported on Monday, December 22, that a Defense Ministry reform concept proposed by a group of volunteers has been approved. He wrote this on his Facebook page. “Our reform concept has been adopted as a...

      Ukraine to help Kazakhstan strengthen its defense capability
      Dec22

      Ukraine to help Kazakhstan strengthen its defense capability

      Ukraine and Kazakhstan are fully restoring military-technical cooperation. Ukrainian President Petro Poroshenko said this after a meeting with President of Kazakhstan Nursultan Nazarbayev, an Ukrinform correspondent reported. “I am pleased to say that we are fully restoring military-technical cooperation. The experience and potential of the...

      Nazarbayev describes events in Donbas as ‘organized civil war’
      Dec22

      Nazarbayev describes events in Donbas as ‘organized civil war’

      Kazakh President Nursultan Nazarbayev, who is currently on an official visit to Kyiv, has said that the situation in eastern Ukraine is an “organized civil war.” He said this at a joint press conference with Ukrainian President Petro Poroshenko in Kyiv on Monday, an Ukrinform correspondent reported. “Ukraine is our close friend...

      Poroshenko agrees on cheap coal supplies from Kazakhstan
      Dec22

      Poroshenko agrees on cheap coal supplies from Kazakhstan

      Ukraine and Kazakhstan have agreed on supplies of cheap coal from the Ekibastuz coal deposit. Kazakh President Nursultan Nazarbayev said this at a joint press conference with Ukrainian President Petro Poroshenko in Kyiv on Monday, an Ukrinform correspondent reports. “We have agreed on supplies of coal from the Ekibastuz deposit, the...

      EBRD allocates additional $80 million for trade facilitation program in Ukraine
      Dec22

      EBRD allocates additional $80 million for trade facilitation program in Ukraine

      The European Bank for Reconstruction and Development (EBRD) is directing an additional $80 million to support Ukrainian exporters and importers, the EBRD’s press service has reported. “The European Bank for Reconstruction and Development (EBRD) is stepping up its support to Ukrainian exporters and importers by increasing financing...

      Savchenko left under arrest, pilot goes on indefinite hunger strike
      Dec22

      Savchenko left under arrest, pilot goes on indefinite hunger strike

      The Moscow City Court has upheld the decision to extend the arrest of Ukrainian pilot Nadia Savchenko and left her behind bars until February 13, 2015. Such a decision was taken at a court meeting on Monday, an Ukrinform correspondent reported. Savchenko was not taken to the courtroom, so she had to use a video conference and interpreter. She...

      Yatseniuk: Ukraine’s foreign debt has not increased this year
      Dec22

      Yatseniuk: Ukraine’s foreign debt has not increased this year

      The Ukrainian government has managed to keep foreign debt at a sustainable level of $72 billion. Prime Minister Arseniy Yatseniuk said this during the ceremony of signing credit agreements with the European Investment Bank in Kyiv on Monday. “The government has managed to retain the amount of Ukraine’s external debt to foreign...

      Verkhovna Rada to consider budget and non-aligned status tomorrow
      Dec22

      Verkhovna Rada to consider budget and non-aligned status tomorrow

      The Verkhovna Rada will consider on Tuesday, December 23, bills on the cancellation of Ukraine’s non-bloc status, the draft law on the state budget for 2015 and amendments to the law on the National Security and Defense Council. This is stated in the agenda released before a meeting of the parliament’s conciliatory council on Monday,...

      Yatseniuk explains why Ukraine needs military aid
      Dec22

      Yatseniuk explains why Ukraine needs military aid

      Ukraine needs more financial aid from the West, and “arms supplies have central value for Kyiv.” Ukrainian Prime Minister Arseniy Yatseniuk said this in an interview with German magazine Der Spiegel. When asked by a journalist to comment on the statement that NATO clearly said that there will be no military solution to the conflict in...