Section: Main news
PM Groysman to Moskal: No ultimatums, let`s do work together
Ukrainian Prime Minister Volodymyr Groysman says he does not plan to meet the request by Zakarpattia Governor Hennadiy Moskal about his resignation request because of the situation in the Zakarpattia customs office.”I won`t let anyone speak to me in the language of ultimatums. Hennadiy Hennadiyovych [Moskal], despite your request, I`m not going...
IMF forecasts 1.5% economic growth, 15.1% inflation in Ukraine in 2016
The International Monetary Fund (IMF) has maintained its economic growth forecast for Ukraine in 2016 at 1.5% and inflation at 15.1%, the Fund said in its Report on Regional Economic Issues covering Central, Eastern, and Southeastern Europe.GDP growth and inflation rate projections for 2017 have also remained unchanged, being 2.5% and 11%,...
How Ukraine Can Solve Its Local Election Conundrum
Even when it is effective, diplomacy can be an unsightly business. Perhaps nothing illustrates this better than that ugly, illegitimate child of Mother Russia’s war in Ukraine: the Minsk agreements. In recent months, Germany and France have been pressing Ukraine to pass a local elections law as the basis for holding elections in the Donetsk...
IMF outlines key tasks for Ukraine
Reforms that are of critical importance to Ukraine include anti-corruption and judicial measures, tax administration reforms, and reforms of state-owned enterprises to improve corporate governance and reduce fiscal risks, according to the International Monetary Fund (IMF).The IMF emphasizes greater reform efforts will have to be made by Ukraine...
Putin walks fiscal tightrope as era of deficits seen to 2020 – Bloomberg
If the Russian government`s in-house forecaster is right that muted oil prices are here to stay, budget deficits will stretch to the end of this decade, according to a Bloomberg survey of analysts.Under the Economy Ministry`s projection that oil will average $40 a barrel through 2019, the books won`t balance until 2020 or later, according to 23...
Ukraine should regulate timber exports under WTO, EU rules
First Deputy Chairperson of the State Forest Resources Agency Khrystyna Yushkevych says Ukraine needs to handle issues related to the moratorium on timber exports as a reliable member of the World Trade Organization (WTO) and a partner committed to fulfilling all the requirements stipulated by agreements with the WTO and the European Union.”The...
No Ukrainian soldiers killed, but one wounded in Donbas in last day
No Ukrainian soldiers were killed in the Anti-Terrorist Operation (ATO) zone in eastern Ukraine in the last day, but one was wounded, according to the press center of the ATO headquarters.”No Ukrainian soldiers were killed in the past 24 hours, but one our soldier was wounded in hostilities,” spokesperson for the Ukrainian presidential...
Reuters: Early signs from new Ukraine government encouraging, IMF says
The early signs coming from Ukraine`s new government are ”very encouraging” one of the International Monetary Fund`s top officials said on Friday, according to Reuters.Mahmood Pradhan, deputy head of the IMF`s European department delivered the Fund`s first public thumbs up to the new-look set up in Kyiv following the departure of a number of key...
Klimkin: Important to implement DCFTA, visa-free regime this summer
Ukraine`s Foreign Affairs Minister Pavlo Klimkin stresses the importance of the implementation of the DCFTA (Deep and Comprehensive Free Trade Agreement) between Ukraine and the European Union, and the introduction of the EU visa-free regime for Ukraine and Georgia this summer. Klimkin shared this opinion with his peers from the Visegrad Group...
Rozenko: Rural households may use alternative energy instead of gas
Vice Prime Minister Pavlo Rozenko suggests that households in the rural areas should consider the possibility of using alternative energy sources instead of natural gas.”It is expedient for residents in rural areas in terms of energy saving. Yes, this is a radical step … but they should consider giving up gas consumption,” Rozenko told...