Section: Main news
Here’s What Ukrainian-Americans Are Doing For Ukraine
Ukraine’s Maidan revolution united Ukraine as a nation like never before, and it reinvigorated Ukrainian-American communities across the United States. While Ukrainian-Americans are well organized nationally through such organizations as the Ukrainian Congress Committee of Ukraine and in metropolitan areas with large Ukrainian communities,...
The National Bank of Ukraine expects $2.3 bln from IMF in 2016
The National Bank of Ukraine (NBU) expects to receive the third loan tranche from the International Monetary Fund (IMF) worth $1 billion in mid-September, following a meeting of the IMF Executive Directors on Ukraine`s issue, which has been scheduled for September 14. ”It is $1 billion in the SDR equivalent. Funds are usually received within 2-3...
Ukraine to get visa-free regime with EU in October – Poroshenko
Ukrainian President Petro Poroshenko has stated that he hopes Ukraine will be granted a visa-free travel with the European Union in October. ”I hope that in a few weeks, in October, we will have a visa-free regime [with the EU],” Poroshenko said during the opening ceremony of a new kindergarten in the village of Yuvileyne, in Dnipropetrovsk...
Ukraine’s Signature Transparency Initiative Comes Under Fire Again
In October 2014, Ukraine’s parliament passed a law requiring all public officials to file an electronic declaration disclosing their assets. The law requires the identification of assets directly held by officials, as well as those held by family members, which means officials can no longer hide illegally obtained assets in the names of...
Russia proposes to develop a parallel ”road map” of the Minsk agreements’ implementation
Russia proposes to develop a ”road map” to ”move from the dead point” the implementation of the Minsk agreements – each step in strengthening security regime has to be accompanied by the promotion of political reforms to legalize the Russian militants in Donbas, according to a UaPosition correspondent in Russia. ”We are convinced of the need to...
Currency black market in Ukraine is estimated at $1 bln per month – Experts
The realistic monthly turnover of the currency black market in Ukraine is estimated at about $1 billion, which is higher by 16 times than the official statistics on foreign exchange transactions in the country. This was stated by associated expert of the Center for Economic Strategy Oleksandr Zholud at a round table in Kyiv, who was referring to...
Odesa Port-Side Chemical Plant starting price may drop to $300 mln – Head of the State Property Fund of Ukraine
The starting price of the Odesa Port-Side Chemical Plant (OPP), the country`s major chemical producer, which is prepared to be put up for sale at a new auction in late October, may be reduced to $150 million, Head of the State Property Fund of Ukraine (SPFU) Ihor Bilous told reporters. ”I believe we need to set the starting price at $150...
The 2nd International Congress of separatists to be held in Moscow
The second annual conference of the separatists from around the world will be held in Moscow late September. The organizers received a RUB 3.5 billion presidential grant for its holding. According to RBC, the conference titled ”Dialogue of Nations. Right of peoples to self-determination and the construction of a multipolar world” is convened by...
EU calls on Rada to adopt law on Energy Regulator to get the second tranche of EUR 600 mln
The EU delegation to Ukraine has called on the Verkhovna Rada as early as next plenary week to consider and adopt the draft law on the National Energy and Utilities Regulatory Commission. ”We are very disappointed that the law on the Energy Regulator was not adopted by the Verkhovna Rada in final reading,” Hugues Mingarelli, Head of the EU...
List of SOEs to be privatized in 2016-2017 – Cabinet of Ministers of Ukraine
The list includes ports, the United Mining and Chemical Company, Electrotyazhmash, Odesa Portside Chemical Plant, and power generation facilities. The Cabinet of Ministers of Ukraine has published a list of companies to be privatized in 2016-2017, including more than 10 sea and river trade ports, some 20 coal mines, more than 10 power generating...