Section: Main news
Ukraine`s visa-free travel to EU delayed – WSJ
Bloc`s biggest member states raise new concerns over the issue of granting Ukraine, Georgia and Kosovo the visa-free regime, pushing the approval to September at the earliest, The Wall Street Journal reports.On Wednesday, the ambassadors from the EU`s 28 nations failed to gather enough support to back the move toward the visa lift, according to...
Toughest period of crisis over – NBU Governor
Ukraine`s banking system has overcome the hardest period of the crisis but it remains vulnerable to external shocks and internal risks, said Governor of the National Bank of Ukraine (NBU) Valeria Gontareva when presenting the regulator`s financial stability report.Gontareva noted that the resumption of lending is curbed by significant debt burden...
Russian proxies attack Ukraine 46 times in last day
The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 46 times in the past 24 hours, according to the press center of the Anti-Terrorist Operation (ATO) Headquarters.In the Luhansk sector, the enemy fired grenade launchers of various systems on the Ukrainian positions near the villages of Stanytsia Luhanska,...
Cathedral service starts celebrations for British Queen`s 90th birthday
Britain holds a National Service of Thanksgiving in honor of Queen Elizabeth on Friday, kicking off a weekend of events to mark the official 90th birthday of the country`s longest-reigning monarch, according to Reuters.The church service at London`s St Paul`s Cathedral, attended by a host of dignitaries including other members of the royal family...
Russia faces another 6 months of EU sanctions – media
The EU is set to roll over its Ukraine-related sanctions against Russia for a further six months despite signs of the mood towards Moscow softening in some of the bloc`s member states, according to The Financial Times.Diplomats had feared the move would spark a major political battle between states such as Hungary, Greece and Italy, which favour...
NBU names riskiest sectors of Ukraine`s economy
Construction, real estate transactions, and utilities are the riskiest and most financially unstable sectors of the Ukrainian economy, according to a financial stability report published by the National Bank of Ukraine (NBU).”The biggest solvency risks are inherent to the construction, real estate and machine building where the highest debt load...
Ukraine`s Foreign Ministry on visa liberalization: EU`s last mile to go
Ukrainian diplomat, permanent representative of Ukraine to the Council of Europe, ambassador-at-large Dmytro Kuleba says that Ukraine`s Ministry of Foreign Affairs is confident there will be visa-free travel for Ukraine, noting that Ukraine has already fulfilled its requirements and it is the European Union`s last mile to go, according to Channel...
Great Expectations: Aspirant Nations See NATO Enlargement as Vital to Europe’s Stability
NATO membership for countries in the Balkans and for Georgia is crucial for the stability of Europe and will send a clear signal that Russia does not have a veto over the alliance’s enlargement plans, panelists, including officials from Macedonia and Georgia, said at the Atlantic Council on June 8. “The accession process into NATO has...
Poroshenko allocates over UAH 3 bln from budget to rebuild Donbas
Ukrainian President Petro Poroshenko has signed a law of Ukraine on amendments to the Budget Code to allocate over UAH 3 billion, or $120 million, from the national budget to rebuild hospitals, schools and kindergartens in Donetsk and Luhansk regions, according to the presidential press service.”We`ve done our best to allocate over UAH 3 billion...
Reuters Exclusive: U.S. may turn to Canada for help with new NATO force in east Europe
The United States could turn to Canada to help it establish a new NATO force in eastern Europe as a deterrent against Russia because it is struggling to win support from its European allies, diplomats say, according to Reuters.”Despite its show of force with a military exercise across eastern Europe this month that involved more than 20 NATO and...