Section: News & Summaries
Ex-top managers of PrivatBank comment on ”148 bln hole”, accuse National Bank chief of information attacks on bank
The former Board of PrivatBank issued a statement on the reasons for the nationalization of one of Ukraine`s largest banks. According to a statement, the bank had lost its right to take into account UAH 142.8 billion worth of collateral because of the NBU policy, while the government had initiated a number of information attacks, which led to...
Ukraine to allocate UAH 5.5 bln from the national budget to prop up agriculture in 2017
Some UAH 5.5 billion, or about US$210 million, will be allocated from the national budget in 2017 to support Ukraine`s agriculture. Ukrainian Agriculture Minister Taras Kutoviy says that the budget funds will be conductive to the stable development of the agricultural sector. ”The Verkhovna Rada has supported the amendment put forth by the...
Lithuania found Russian spyware on its government computers
The Baltic state of Lithuania, on the frontline of growing tensions between the West and Russia, says the Kremlin is responsible for cyber attacks that have hit government computers over the last two years, according to Reuters. The head of cyber security told Reuters three cases of Russian spyware on its government computers had been discovered...
Russia plans to boost military presence at Ukraine borders – Russian Ministry of Defense
Russian Defense Minister Sergey Shoigu has announced that Russia will take measures to strengthen its military grouping at the borders of Ukraine, according to an UaPosition correspondent in Russia. ”In 2017, the Ministry of Defense will have to deal with a number of priorities. First of all, to continue strengthening combat capabilities of the...
Ukrainian governmen extends restrictions on Russian imports for 2017
The Ukrainian government has extended import duties until December 31, 2017, on goods originating in the Russian Federation, according to the press service of Ukraine`s Ministry of Economic Development and Trade. The decision was taken at a government meeting on Wednesday, December 21. ”The decision was made in response to the introduction by the...
Verkhovna Rada of Ukraine adopts bill on amnesty in 2016 with president`s proposals
The Verkhovna Rada of Ukraine has adopted the law ”On amnesty in 2016” with the proposals by Ukrainian President Petro Poroshenko (No. 4255), according to an UaPosition correspondent. After many attempts, the law was voted by 226 MPs out of 308 registered in the session hall (with the required minimum of 226). President`s envoy in the Verkhovna...
PrivatBank to resume all services by close of business – new Chairman of the Board of PrivatBank
PrivatBank will fully resume all of its services and transactions by close of business, new Chairman of the Board of PrivatBank Oleksandr Shlapak told a press conference Thursday. ”Over the last three days, the interim administration has been working in the bank, and a number of operations have been blocked. However, today, according to the Board...
After assassination of the Russian ambassador, Turkey and Russia are only getting closer
The assassination of Russia`s ambassador to Turkey on Monday might have been expected to derail a fragile detente between the regimes of Vladimir Putin and Recep Tayyip Erdogan. Instead, it has served to underline a budding alliance that could have the effect of excluding the United States from the endgame of Syria`s civil war and critically...
Rada approves development of transport corridor bypassing Russia
The Verkhovna Rada of Ukraine has ratified the Protocol amending the multilateral agreement on international transport on the development of the Europe-Caucasus-Asia corridor bypassing Russia. The adoption of bill No. 0118 ”On ratification of the Protocol on Amendments to the Basic Multilateral Agreement on International Transportation for...
Ukrainian Parliament dismisses Nadia Savchenko from PACE delegation
The Verkhovna Rada of Ukraine has abolished the beyond-quota election of MP Nadia Savchenko to its delegation to the Parliamentary Assembly of the Council of Europe (PACE), according to an UaPosition correspondent. Resolution No. 5572 on amending the decree ”On the appeal of the Verkhovna Rada of Ukraine to international organizations and...