Contents tagged with Ukraine

  • Ukrainian Foreign Minister: Black Sea will become a ‘Bermuda Triangle’ for Russia

    At the international security conference “The Odessa Debate: Uniting Ukraine, the Black Sea Region and the Transatlantic Partners” Ukrainian Foreign Minister Pavlo Klimkin announced that the Black Sea "will never belong to the Russian regime" and that it would become a “Bermuda Triangle for Russia,” Interfax quotes Klimkin as sayinng.

    “We will definitely reclaim the Crimea. To do this, we must have a strong economy and security... The possibility is only in complex opposition to Russia. It …

  • Hungary plans to build a bridge to Ukraine

    Hungary plans to build a new bridge over the Tisza River near the Transcarpathian city of Chop, stated the Embassy of Ukraine in Hungary.

    On Friday, March 1, the Deputy State Secretary for Regional and Border Cooperation of the Hungarian Foreign Ministry Peter Kiss and Hungarian Ambassador to Ukraine István Ijdyarto held a bilateral meeting at the Ministry of Infrastructure of Ukraine.

     “The Hungarian side noted that a feasibility study will be conducted to build a new bridge over the Tisza …

  • Media: head of LPR is terminally ill and Kremlin is already looking for a replacement

    Liga.net citing anonymous sources reported that the head of the LPR (Luhansk People’s Republic) Leonid Pasechnik is terminally ill and, based on doctor’s prognosis, he has no more than six months to live.

    The source said that the Kremlin is already looking for a replacement for Pasechnik. As a replacement for Pasechnik, Moscow could use the former LPR militant leader Igor Plotnitsky, who at the moment, is hiding in Russia.

    “Maybe Deynego (Minister of Foreign Affairs of the LPR). All decisions …

  • Russian officer and his partner convicted of spying for Ukraine

    The Center for Public Relations of the FSB stated that a serviceman of the Black Sea Fleet and his common-law spouse were convicted of espionage in favor of Ukraine, reports TASS.

    Major Dolgopolov was sentenced to 10 years in prison. His girlfriend, Sukhonosova received 9 years.

    On February 28th, a Russian court found them guilty of committing a crime under article 275 of the Russian Criminal Code (state treason). They are charged with espionage by peddling state classified information. The …

  • Ukraine receives €529 million loan under World Bank’s guarantee

    On February 28, Ukraine obtained a loan of 529 million euro from Deutsche Bank under the World Bank’s guarantee for supporting the state policy on economic growth, reported the Ukrainian Finance Ministry.

    The loan comes in two tranches. Tranche A in the amount of 240 million euro matures in 4 years and Tranche B in the amount of 289 million euro matures in 10 years. The second part of an existing guarantee for the whole amount of 750 million dollars was used for this loan.

    Ukraine obtained …

  • Volker: Our perception of Russia is completely different than 5 years ago

    US State Department Special Representative for Ukraine Kurt Volker told Voice of America in an interview that the US has already worked out a system to respond to challenges from Russia.

    Five years ago, when the “green men” captured Crimea, the West reacted too slowly, Volker admitted while speaking at an international forum in Kyiv. Today, the situation has changed, and if there is escalation, the West will not take its time.

    “We now perceive Russia completely differently to five years ago. …

  • Ukrainian Foreign Minister: Constitutional Court ruling could lead to 'crisis of trust' with EU

    Ukrainian Foreign Minister Pavlo Klimkin believes that the EU will not revoke its visa-free regime with Ukraine in light of the Constitutional Court’s recent controversial decision to declare the “illegal enrichment” article of the Criminal Code unconstitutional.

    “The telephone is ringing non-stop with phone calls asking: ‘What’s going to happen to the visa-free scheme in light of the Constitutional Court’s high profile decision?’ Let’s try to calm down. I am confident that the EU will not …

  • London court seizes Firtash's mansions as part of Russian VTB Bank lawsuit

    The London court ordered to seize two of the businessman Dmytro Firtash mansions, reports the Russian newspaper Kommersant.

    Interim measures on this and other property, estimated at more than £ 50 million, were imposed at the request of the Russian VTB Bank, to which Firtash has not returned 2.5 billion rubles worth of loans.

    The court also ordered the defendant to disclose all of his assets.

    According to sources, representatives of VTB Bank filed the lawsuit in the High Court of England and …

  • Ukraine's Naftogaz starts collecting Gazprom debt in Luxembourg

    One year after its lawsuit victory against Gazprom at the Arbitration Institute in Stockholm, Naftogaz of Ukraine announced on Facebook that it has started collecting its debt from the Russian company in Luxembourg too.

    “Gazprom has to pay us $4.6 billion in compensation according to the transit contract,” the Ukrainian company’s press service stated, noting that it has already received $2.1 billion in gas. “The remaining amount we have been collecting through an enforcement process in several …

  • Media: Yanukovych transferred $36 million out of Ukraine through Swedbank

    Swedish television SVT discovered in its investigation that former President of Ukraine Viktor Yanukovych used Swedish bank Swedbank to get money out of Ukraine, DELFI reported.

    The information obtained by the investigation indicates that an offshore company associated with Yanukovych had a Swedbank account in Lithuania from 2004 to 2014. The bank deposits were registered in the bank documents as royalties which the Ukrainian president allegedly received for “doubtful” book publications. …