Contents tagged with Ukraine

  • Disagreements Emerge between Poroshenko and Cabinet of Ministers over IMF Loan

    Disagreements have emerged between the President of Ukraine, Petro Poroshenko, and the Cabinet of Ministers, headed by Arseniy Yatseniuk, over the International Monetary Fund (IMF) loan, as reported by Apostrophe, citing a source in diplomatic circles.

    The final version of the Memorandum, which outlines the obligations of both the IMF and Ukraine, is not yet ready. After the adoption of the budget for 2016 and changes in the tax code, the IMF received a proposal from the Cabinet of Ministers  …

  • Abromavičius refuses to withdraw resignation

    The Minister of Economic Development and Trade of Ukraine, Aivaras Abromavičius, did not withdraw his resignation after a meeting with Ukrainian Prime Minister Arseniy Yatsenyuk.

    This was reported by the Press Service of the Ministry. The decision was taken after a meeting of the Cabinet of Ministers, in which several ministers withdrew their applications of resignation.

    On Thursday, Abromavičius met with Prime Minister Yatsenyuk as well as other ministers where they discussed issues related …

  • IMF Delays next Installment of Loan to Kiev

    According to Apostrophe, a source in the Ukrainian Government stated that the International Monetary Fund, which is the key creditor of Kiev, has delayed the next installment within its loan program, which Ukraine is expecting to arrive this month.

    The President of Ukraine, Petro Poroshenko, the Minister of Finance, Natalie Jaresko, and the Chairwoman of the National Bank of Ukraine, Valeriya Hontaryeva, have discussed the economic situation in the country and the provision of the next loan …

  • Ukraine's Foreign Exchange Reserves increase to 13.4 billion dollars

    As of January 2016, the international reserves of the National Bank of Ukraine (NBU) have increased from 100 million dollars to 13.4 billion dollars.This was reported by the head of the NBU, Valery Gontareva, at a parliamentary meeting held in Kiev on Wednesday.“We haven’t lost a single penny of our stocks in January, which is a good sign,” she said.Gontareva originally predicted reserve growth this year to be between 15 and 18 billion dollars.  However, this prediction failed due to the pause …

  • European satellites broadcast Ukrainian TV channels to Crimea

    The population of Crimea is presently viewing Ukrainian television channels via a satellite owned by a number of European companies.  At the same time, Crimean TV stations are trying to retransmit their programs through less popular satellites due to the current economic sanctions.

    The Adviser to the Minister on the Crimean Information Policy, Emine Jeppar, commented on the matter.

    “The Ministry on the Crimean Information Policy is aware of the issue of the channel retransmission by the …

  • The OSCE has Documented an Increase in Attacks in Eastern Ukraine

    On February 1st, the Special Mission of the OSCE recorded 337 explosions in the Donbas region and on February 2nd, almost five times more.

    The Special Monitoring Mission (SMM) of the OSCE observed numerous violations of the ceasefire in eastern Ukraine as stated in the observer’s report from February 2nd, published on the official website of the OSCE.

    In particular, the observers recorded 337 explosions on February 1st and 1,614 on February 2nd, including those fired from heavy weapons. "On …

  • Western ambassadors in Kiev 'disappointed' by resignation of Ukrainian Minister of Economy

    Diplomats say that Ukraine’s former Minister of Economic Development and Trade, Aivaras Abromavičius, and his advisers sought to overcome the corruption that hinders the development of Ukraine.

    Diplomatic representatives of six Western countries issued a joint statement in Kiev with regard to the resignation of Abromavičius.  The Ambassadors of Canada, France, Germany, Italy, Lithuania and Sweden have expressed “deep disappointment” at the resignation of Abromavičius and his group of advisers. …

  • Ukrainian Minister of Economic Development and Trade resigns

    Ukraine’s Minister of Economic Development and Trade, Rivaras Abromavičius, has resigned from office. Speaking at a press conference, the Minister indicated his decision was motivated by the increased opposition to his ongoing reforms.

    “My team and I have no desire to be a cover for obvious corruption or controlled puppets for those who want to gain control of public money, as was the way with past authorities,” Abromavičius stated. He referenced a Deputy of the Verkhovna Rada of Ukraine, Igor …

  • German Deputies Advise Poroshenko to Request the Resignation of the Ukranian Prosecutor General

    The Committee on EU Affairs of the German Bundestag is concerned over the process of reforms in Ukraine. The members of the delegation of the German Parliament stated this on the 2nd of February at a press conference in Kiev after a number of meetings with representatives of the Verkhovna Rada, the Ukrainian government and other non-governmental organizations.

    “We recognize the progress of Ukraine in the process of making reforms. Many laws were adopted but now they should be brought to life. …

  • 230 km of anti-tank ditches were dug by Ukraine along border with Russia in 2015

    In 2015, the Russian-Ukrainian border was equipped with 230 km of anti-tank ditches in the Kharkiv and Chernihiv regions.  This was noted in the government’s program performance report in 2015, which was sent to the Verkhovna Rada.

    “Taking into account the priorities of the development of the Russian-Ukrainian border, the regions of Chernihiv and Kharkiv were equipped with 230 km of anti-tank ditches,” the report states.

    It is also reported that a 72 km long metal barrier fence was …