Section: News & Summaries
Tight monetary policy leads to slower inflation – National Bank of Ukraine
Tight monetary policy of the National Bank of Ukraine (NBU) in 2015 has helped to reduce inflation in the country, and the arguments about the negative impact of this policy on the economy were no more than value judgments, NBU Deputy Governor Dmytro Solohub said on 3S.TV. ”Let us remember the inflation at 61% at the end of May 2015. As of today,...
OSCE police mission in Donbas is problematic at this moment – representative of Ukraine in Minsk process
The representative of Ukraine in the sub-working group on political issues of the Tripartite Liaison Group in Minsk, Roman Bezsmertniy, has said that it will be possible to talk of the prospects of the deployment of the OSCE police mission in Donbas in three to five years. He said that another meeting of the Tripartite Liaison Group would be held...
Aide to the deputy of the Polish Sejm caught smuggling cigarettes, amber
An aide to the deputy of the Polish Sejm attempted to smuggle across the border checkpoint Krakivets 2,430 packs of cigarettes with Ukrainian excise stamps and 11.8 kg of raw amber, according to the State Border Guard Service press secretary Oleh Slobodyan. On October 24, at about 23:00, a Chrysler vehicle with Polish registration plates was...
No holdups this time for Ukrainian minister eyeing next IMF cash
Ukraine`s finance minister foresees no delays in receiving the next slice of aid from a $17.5 billion bailout, predicting the government can smooth out differences with the International Monetary Fund over pay increases for state employees in next year`s budget, Bloomberg reports. The $1.3 billion tranche, the fourth from the rescue loan, will...
”Sharp reversal” by Ukraine`s Prosecutor General on Investigating Yanukovych crimes and Maidan killings
Ukraine`s recently appointed Prosecutor General Yuriy Lutsenko looks set to destroy an investigative body which has finally made progress on investigating crimes linked with Euromaidan, and the families of Maidan victims and lawyers representing them are outraged, Kharkiv Human Rights Protection Group wrote. Lutsenko announced the...
Transfer of National Bank of Ukraine`s UAH 38 bln to budget-2016 won`t affect hryvnia exchange rate – Ukrainian PM
The transfer of UAH 38 billion of profit of the National Bank of Ukraine (NBU) to the state budget-2016 will not have a significant impact on the hryvnia exchange rate, and the currency will remain in the previously forecasted corridor at the end of the year and for 2017, Ukrainian Prime Minister Volodymyr Groysman said in a television broadcast....
President of Ukraine presents new chief of military intelligence
Ukrainian President Petro Poroshenko introduced a new head of the Chief Directorate of Intelligence of the Ministry of Defense of Ukraine, Vasyl Burba, to the staff, the president`s press service reported Monday. ”I have no doubt that this appointment will give a new impetus to the activity of military intelligence of Ukraine,” Petro Poroshenko...
Night shelling in Donbas: Ukraine reports 4 wounded
Four Ukrainian soldiers were wounded in the zone of the Anti-Terrorist Operation in Donbas overnight, Ukrainian TSN news service has reported, citing its own sources. All wounded soldiers sustained fragmentation wounds and taken to hospitals. It is noted that their lives are not threatened. According to the press service of the Anti-Terrorist...
Italian citizen was trying to leave Ukraine with USD one million in shoe boxes
A solid amount of money was seized by Ukrainian customs service at Zhuliany airport as an Italian citizen was trying to leave Ukraine with several kilos of cash, Ukraine Today reported Monday. Border guards became suspicious after x-raying a passenger`s baggage. A woman, who said she had a diplomatic passport, refused to show her bags and...
”Extremely challenging” for new “Ukrainian Railways” CEO, Poland`s Wojciech Balczun and his team – Minister of Infrastructure
The process of adaptation of the new Ukrzaliznytsia CEO, Poland`s Wojciech Balczun and his team has been dragging, according to Minister of Infrastructure of Ukraine Volodymyr Omelyan, TSN reports. ”I can`t say that the new team is an epic fail but it is very challenging for them to work there,” the minister said in an interview. ”I expected that...