Section: Main news
Yatseniuk ready to consider “budget package” as long as necessary
Prime Minister of Ukraine Arseniy Yatseniuk is ready to discuss 44 laws, submitted by the government to the parliament, as long as necessary. He said this at the Verkhovna Rada meeting on Tuesday, Ukrinform’s correspondent reported. “There is a proposal to proceed with the discussion of bills and work. We will work as long as...
Rozenko estimates shadow wage market at UAH 200 billion
Social Policy Minister Pavlo Rozenko says that the shadow wage market is about UAH 200 billion today. He said in his speech at the Verkhovna Rada Tuesday. Rozenko also added that next year subsidies to the Pension Fund budget will make up UAH 90 billion. According to him, this amount is necessary for payment of pensions “in misery amounts.” If...
Ukraine takes step to NATO
Ukraine has taken a historic step towards NATO membership in an overwhelming parliamentary vote. …read more Source:...
China challenges IMF as emergency lender
China is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries. ||| New York – China is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries.Chinese officials signalled on Saturday that they are willing to expand a $24...
Moody’s predicts 6% drop in Ukrainian economy
Moody’s international rating agency has predicted a slowdown in the fall of Ukraine’s GDP in 2015 to 6%, according to statement posted on Moody’s website. “Moody’s expects Ukraine’s economy to contract by 7.5% in 2014 and by a further 6% in 2015, although the latter is subject to a high level of uncertainty...
VERKHOVNA RADA CANCELS UKRAINE’S NON-BLOC STATUS
The Verkhovna Rada has adopted as a basis and as a whole presidential bill No. 1014-3 introducing amendments to certain laws of Ukraine on Ukraine’s refusal to implement non-alignment policy. A total of 303 MPs voted for this decision at a parliament meeting on Tuesday.
Rada fails amendments to law on NSDC
People’s deputies did not accept the second reading of the presidential amendments to the bill No.1343 “On Amendments to the Law of Ukraine “On the National Security and Defense Council of Ukraine,” which improves coordination and monitoring of national security and defense. 223 deputies voted for this decision. Then the...
President sees no alternative to Ukraine’s Euro-Atlantic course
Ukraine’s membership of the EU and NATO is the road that has no alternatives. Ukrainian President Petro Poroshenko said this during a traditional pre-New Year diplomatic reception for the heads of diplomatic missions and representatives of foreign states, the presidential press service reported. “Being part of Europe is the only...
Draft budget. Main macroeconomic indicators
A forecast of economic and social development of Ukraine for 2015 provides for two scenarios. This is stated in the draft state budget, which is published on the Verkhovna Rada website. The conservative scenario, which was taken as the basis for calculation of the budget, involves reducing GDP by 4.3%. At the same time, nominal GDP is projected...
Medvedev says Ukraine is Russia’s potential military adversary
Russian Prime Minister Dmitry Medvedev has said that Russia will respond to the cancellation by Ukraine of its non-aligned status. He wrote this on his Facebook page. “The U.S. president signed the anti-Russian law that gives any U.S. president the right to use sanctions against our country at any time. As in the case of the Jackson-Vanik...