Section: Latest news
EU visa suspension mechanism to be considered in Jan
The official website of the European Parliament (EP) has announced a preliminary date for consideration of a European Union visa suspension mechanism, which visa waivers for Ukraine depend on. The consideration is preliminarily scheduled for January 18, 2017, the EU services said. MEPs plan to consider relevant regulation 2016/0142 (COD) in first...
Yanukovych summoned for questioning as suspect in treason case
The Prosecutor General`s Office (PGO) of Ukraine has summoned former Ukrainian President Viktor Yanukovych, who now resides in Russia, for questioning in Ukraine as a suspect in the treason case. Summonses for interrogation have been posted on the PGO`s official website. Yanukovych was invited to appear at 10:00 local time on December 5 and...
Ukraine`s budget saves $3 mln due to UNDP drug procurement in first two weeks
Ukraine has already saved US$3 million in budget funds due to medicine procurements through the United Nations Development Programme (UNDP) in the first two weeks. ”Few weeks in UNDP`s renewed medicine procurement cycle for 2016, amounts contracted so far already show savings of US$3 million compared to prices from 2015, which are immediately...
Anti-Corruption Bureau of Ukraine reacted on journalists’ investigation about President`s Spanish villa
National Anti-Corruption Bureau of Ukraine has changed its position on whether President Petro Poroshenko should have declared ownership of a Spanish seaside villa, raising questions about the state agency`s independence from the presidential administration, RFE/RL reports. Poroshenko`s ownership of the multimillion-dollar luxury villa...
Norway resumes high-level trade talks with Russia after two-year break
Norway has resumed high-level talks with Russia on trade and economic cooperation that were broken off after Moscow annexed Crimea in 2014, according to Reuters. ”This is the first time Norway and Russia hold bilateral meetings at the ministerial level since 2014,” the Norwegian Ministry of Trade, Industry and Fisheries said in a statement on...
Ukraine`s international reserves shrink first time in 7 months
Foreign reserves of Ukraine decreased by 1.9%, to $ 15.2 billion in November, according to the National Bank of Ukraine. The current level of international reserves of Ukraine amounted to $15.2 billion, the NBU has told UNIAN. Thus, compared with the beginning of November, the reserves fell by $0.3 billion, or 1.9%. As UaPosition reported...
NBU strengthens official exchange rate to UAH 25.65 to dollar
The National Bank of Ukraine on Monday evening strengthened the official hryvnia exchange rate by seven kopiykas, bringing the national currency to UAH 25.65 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for November 29: $100 costs UAH 2,565.9521 (on November 28, it was...
Russia has huge sum losses because of maritime sanctions for illegally annexed Crimea
Due to dramatic decrease of public and freight sea transportation to occupied Crimea Kremlin have to fill the gap in up to 200 vessels, Ukraine Today reports citing BlackSeaNews and Maidan of Foreign Affairs. Although Kremlin keeps telling that foreign naval vessels ignore the sanctions and sail to Crimea, the majority of vessels that carry...
Ukraine cancels obligatory state registration of investment
The Ukrainian government has abolished the obligatory state registration and re-registration of investment, which has been effective since 2013, according to government resolution No. 661, which was published on its website. The relevant decision has been made pursuant to current legislation and is believed to significantly facilitate investment....
Oil prices fell over 1 percent before OPEC official meeting on Wednesday
Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices, according to Reuters. Non-OPEC oil production giant Russia confirmed on Tuesday that it would not...