Section: News & Summaries

      Ukraine`s chief prosecutor may probe into some provisions of 2017 budget
      Dec21

      Ukraine`s chief prosecutor may probe into some provisions of 2017 budget

      Ukraine`s chief prosecutor Yuriy Lutsenko has announced that his office will analyze some provisions of the national budget for 2017, which was passed by the Verkhovna Rada in the early hours of Wednesday, December 21. ”Unfortunately, what was passed yesterday has some challenges that the Prosecutor General`s Office should deal with. The bill [on...

      US-Romania Ties in Need of an Upgrade
      Dec21

      US-Romania Ties in Need of an Upgrade

      There are several reasons why Donald Trump’s administration must upgrade the relationship with Romania—an important US partner in Eastern Europe. Romania is an enduring friend and ally—from a cultural, security, and military standpoint—and offers a wealth of economic opportunities. It aspires to be more present on Washington’s...

      Mykhailivsky Bank`s depositors blocking Khreschatyk in Kyiv demand ”bank must return the deposits!”
      Dec21

      Mykhailivsky Bank`s depositors blocking Khreschatyk in Kyiv demand ”bank must return the deposits!”

      About a hundred depositors of the Mykhailivsky Bank have blocked the roadway of Khreshchatyk Street near the Maidan Square, according to an UaPosition correspondent. People do not let driving a single car, and some drivers have to turn back toward the European Square. People are holding flags ”Mykhailivsky Bank: return of deposits!” They are also...

      Ex-deputy head of Naftogaz shoots himself as law enforcers try to arrest him
      Dec21

      Ex-deputy head of Naftogaz shoots himself as law enforcers try to arrest him

      Former deputy head of Naftogaz of Ukraine energy holding, who had been in office at the time of Viktor Yanukovych presidency, Hennady Yuriev, has committed suicide in his home in Vinnytsia region, according to the press secretary of Prosecutor General Yuriy Lutsenko. It is noted that today, December 21, military prosecutors have come to his house...

      Key figures of Ukraine budget 2017: UAH 27.2 per dollar, inflation at 8%
      Dec21

      Key figures of Ukraine budget 2017: UAH 27.2 per dollar, inflation at 8%

      The Verkhovna Rada in the early hours of Wednesday adopted as a whole the government-proposed draft state budget for 2017, providing for a 3% deficit and economic growth laid down at 3%. Budget revenues are set at the level of UAH 721.4 billion, expenses – at UAH 790.4 billion. The deficit ceiling is set at UAH 77.5 billion. Macroeconomic...

      Onyshchenko`s ”gas schemes”: fugitive MP says will testify to National Anti Corruption Bureau of ukraine via Skype Dec 22
      Dec21

      Onyshchenko`s ”gas schemes”: fugitive MP says will testify to National Anti Corruption Bureau of ukraine via Skype Dec 22

      Ukraine`s fugitive legislator Oleksandr Onyshchenko has said he will testify to the National Anti-Corruption Bureau via a video conference on December 22, according to an UaPosition correspondent. ”They [NABU] have agreed on my Skype conference [interrogation] tomorrow,” Onyshchenko told reporters at a Skype press conference. At the same time, he...

      New law on guarantees of retail deposits in state banks adopted by Ukrainian Parliament
      Dec21

      New law on guarantees of retail deposits in state banks adopted by Ukrainian Parliament

      The Verkhovna Rada of Ukraine has adopted as a basis and as a whole the draft law submitted by Ukrainian President Petro Poroshenko on amendments to the Law of Ukraine ”On banks and banking activity”, involving state guarantee of individuals` deposits in state banks. The relevant decision was supported by 276 MPs with a minimum of 226 votes...

      Two Chechen battalions to be deployed in Syria
      Dec21

      Two Chechen battalions to be deployed in Syria

      Russian authorities have ordered the Chechen leaders to form two new combat battalions to be deployed in Syria for Russia`s boots-on-the-ground operation, the Novaya Gazeta outlet has learned, according to Ukraine Today. The authorities of the Russia`s autonomous republic of Chechnya will form two battalions of 600 persons, the newspaper says,...

      Russia`s hybrid war against Ukraine ongoing for 25 years – U.S. Ambassador
      Dec21

      Russia`s hybrid war against Ukraine ongoing for 25 years – U.S. Ambassador

      Ambassador of the United States to Ukraine Marie L. Yovanovitch has said that the so-called ”hybrid war” of the Russian Federation against Ukraine began even before this term emerged. At a Kyiv presentation of the Foreign Policy Audit study, Yovanovitch said that over the 25 years since Ukraine had gained independence, the country remained in a...

      Ukrainian Parliament approves establishment of export-credit agency
      Dec21

      Ukrainian Parliament approves establishment of export-credit agency

      The Verkhovna Rada of Ukraine has approved the establishment of an Export-Credit Agency with the main task of supporting large-scale expansion and doubling the volume of exports by 2019. The bill on ensuring the large-scale export expansion of Ukrainian producers through insuring, guaranteeing, and reducing the cost of export lending (No.2142a)...