Section: Main news

      Man detained in Kyiv, suspected of embezzling UAH 69 mln together with Pshonka
      Jun23

      Man detained in Kyiv, suspected of embezzling UAH 69 mln together with Pshonka

      A man, who resides in Odesa, has been detained in Ukrainian capital Kyiv, being suspected of embezzling together with former Prosecutor General Viktor Pshonka over UAH 69 million allocated for repairing premises of Ukraine`s Prosecutor General`s Office (PGO).”Today, the PGO special investigations department jointly with the State Fiscal Service...

      OPEC says its oil revenue plunges $438 bln to 10-year low
      Jun23

      OPEC says its oil revenue plunges $438 bln to 10-year low

      The Organization of Petroleum Exporting Countries (OPEC) said its oil revenue plunged by $438 billion to a 10-year low last year, as an increase in export volumes failed to compensate for the collapse in prices, Bloomberg reported. OPEC earned $518.2 billion in 2015 from the sale of crude and refined fuels, the lowest figure since 2005, the...

      Fomenko officially resigns as coach of Ukraine`s national football team
      Jun23

      Fomenko officially resigns as coach of Ukraine`s national football team

      Mykhailo Fomenko has said that he is resigning from his post as the head coach of the Ukrainian national football team after its poor performance at Euro 2016 in France, the Football Federation of Ukraine`s press service reported.”What sense does it make to continue after failing with the task that was set for the tournament?” Fomenko said.”I...

      Social Ministry plans subsidy system transformation in 2017
      Jun23

      Social Ministry plans subsidy system transformation in 2017

      Vice Prime Minister Pavlo Rozenko says the national subsidy system introduced by the government in 2015 has achieved its main objectives, and therefore it must be transformed as early as in 2017.”The system of subsidies has fulfilled its main task set for 2015-2016. The size of a subsidy at the peak of the heating season reached about UAH 1,400...

      Gazprom offers ”good” price of gas to Ukraine
      Jun23

      Gazprom offers ”good” price of gas to Ukraine

      Russia has offered Ukraine a ”good” price for gas in the third quarter of 2016, Russian news agency RBC reported citing Deputy Chairman of the Management Board at Gazprom Alexander Medvedev.As known, NJSC Naftogaz of Ukraine has refused to buy Russian gas at a price proposed by Russia`s energy giant Gazprom, arguing that it was not...

      NBU governor expects disbursement of $1 bln from IMF in mid-July
      Jun23

      NBU governor expects disbursement of $1 bln from IMF in mid-July

      The International Monetary Fund`s Executive Directors will decide on the disbursement of the next loan tranche to Ukraine at their July meeting and its amount will reportedly reach $1 billion, Governor of the National Bank of Ukraine (NBU) Valeria Gontareva told reporters on June 23.”The meeting of the IMF Executive Directors will be held in...

      One Ukrainian soldier killed, 11 wounded in Donbas in last day
      Jun23

      One Ukrainian soldier killed, 11 wounded in Donbas in last day

      One Ukrainian soldier was killed and another 11 were wounded in the Donbas conflict zone in the last 24 hours, head of the press center of the Anti-Terrorist Operation headquarters, Colonel Oleksandr Motuzianyk said at a briefing on Thursday, according to an UaPosition correspondent.”In the last day, we lost one Ukrainian soldier, and another 11...

      Groysman: Energy Efficiency Fund to be launched in 2017
      Jun23

      Groysman: Energy Efficiency Fund to be launched in 2017

      Ukrainian Prime Minister Volodymyr Groysman expects that the Energy Efficiency Fund will start working in Ukraine as early as 2017, and in this regard it is necessary to take the whole regulatory framework before the end of this year.”I`d really like that we decide to set up an Energy Efficiency Fund, to create it before the end of 2016 and...

      Russia`s capital outflow to amount to $25 bln in 2016
      Jun23

      Russia`s capital outflow to amount to $25 bln in 2016

      Net capital outflow from Russia will amount to about $25 billion in 2016, Russian Economic Development Minister Alexey Ulyukayev told journalists, according to RIA Novosti.”I agree with the chairman of the Bank of Russia that the capital outflow may be reduced to $25 billion. It is very close to our expectations,” he said.On June 17, the Bank of...

      NATO-agreed large-scale reform of Def. Ministry to be completed by year-end
      Jun23

      NATO-agreed large-scale reform of Def. Ministry to be completed by year-end

      The Ministry of Defense of Ukraine plans to complete transformation before the end of the year, Ukraine`s Deputy Defense Minister Ihor Dolhov told journalists at Ivan Cherniakhovskiy National Defense in Kyiv, according to an UaPosition correspondent.”A large-scale reform of the Ministry of Defense has begun. This reform will be mostly completed...