Section: Main news
Ukraine does not expect Russian offensive in near future – Ukraine MP
Ukrainian MP Anton Gerashchenko has stated that Ukraine does not expect Russia`s offensive in the near future, according to 112 Ukraine TV channel. ”As for videos showing the movement of a rocket launching system, the deployment is carried out there [Russia] every day or every other day … I can tell openly we do not anticipate war or attack by...
State property regulator begins preparations for selling 2 HPPs, 7 oblenergos
The State Property Fund of Ukraine (SPF) has begun preparations for putting up for sale state-owned shares in several energy companies, namely two hydro power plants (Dniprodzerzhynsk HPP and Mykolayiv HPP) and seven regional power distribution companies (oblenergos), the SPF press service reported. According to the report, 99.9% of shares in the...
Crossing through Chonhar checkpoint in Crimean direction resumed
The Russian occupying forces have resumed handling of traffic on their side of the Chonhar checkpoint, the press center of Ukraine`s State Border Guard Service reported. ”The Russian occupying forces have resumed handling traffic on their side of Chonhar checkpoint. Today, the controlling authorities of the occupying country have suspended the...
Reuters: Putin says Russia will end sanctions on Turkey gradually
Russia will phase out sanctions against Turkey step-by-step but the priority is to bring bilateral ties between the two countries to their pre-crisis level, Russian President Vladimir Putin said on Tuesday, Reuters reported. Putin, after meeting with President Tayyip Erdogan, said the talks will have an important bearing on the future of...
Memo to Ukrainian Government: Privatization Can Succeed if You Get Out of Way
On July 18, Ukraine’s most recent attempt at privatization came to a disappointing conclusion. Odesa’s petrochemical plant, OPZ, was placed up for auction, but after the government set a minimum price of $520 million, no qualified bidders came forward. As a consequence, the state still owns the enterprise, which continues to impose...
Gazprom asks Ukraine to boost gas transit due to Nord Stream repairs
Russia`s gas giant Gazprom has asked Ukrainian state-run Ukrtransgaz, operator of the local gas transport system, to ensure an increase in gas transit shipments via Ukraine due to ongoing repairs to the Nord Stream gas pipeline, according to Ukrtransgaz`s press service. ”Yesterday, Gazprom filed an application with Ukrtransgaz for boosting...
Fitch expects moderate economic recovery in Ukraine in 2016
Fitch Ratings has downgraded its forecast for Ukraine`s economic growth in 2016, lowering the GDP growth rate to 1% from the previously announced 2%. ”Fitch expects only moderate economic recovery in Ukraine (we forecast GDP growth of 1% in 2016 with medium-term growth of 2%),” a Fitch statement said. Fitch earlier lowered its economic growth...
In Ukraine, Two Steps Forward and One Step Back: Procurement Reform Advances, Slowly
Many changes have occurred in Ukraine since the Euromaidan, but the country still struggles mightily with corruption. Those efforts are symbolized in the ongoing fight to reform Ukraine’s corrupt procurement practices.For years, links between government officials and Ukraine’s “pharma mafia” resulted in the theft of approximately $100...
EU imposes sanctions against two Russians
The European Union (EU) has imposed sanctions against two Russian citizens suspected of terrorism, according to the decisions published in the Official Journal of the EU. Aslan Avgazarovich Byutukaev and Ayrat Nasimovich Vakhitov are named in the sanctions list. They are suspected of being associated with the ISIL (Da`esh) and the Al-Qaeda...
Ukraine reports one killed and five wounded soldiers in past 24 hours
One Ukrainian soldier was killed and five were wounded in fighting in eastern Ukraine in the past 24 hours, according to Oleksandr Motuzianyk, presidential spokesman for ATO issues. ”There was one killed in action (KIA) and five wounded in action (WIA),” he said at a briefing in Kyiv on Tuesday, a UaPosition correspondent reported. According to...