• Three foreigners will be appointed as independent members of the Supervisory Board of Naftogaz

    The Nomination Committee has selected three foreign candidates to hold independent positions on the Supervisory Board of Naftogaz Ukraine, the Minister of Economic Development and Trade of Ukraine, Aivaras Abromavičius, announced at a press conference on Friday, March 25th, the press service of the Ministry reported.

    The supervisory board will consist of five members, three of whom are to be independent, and two are to represent the interests of the state. Approved candidates for the post of …

  • Hug: OSCE’s data indicate that Russia is directly involved in the war in eastern Ukraine

    The Principal Deputy Chief Monitor of the OSCE Special Monitoring Mission to Ukraine, Alexander Hug, said information collected by the organization indicates that Russian troops have been directly involved in the war in eastern Ukraine since the conflict first erupted in the spring of 2014.

    At the same time, speaking at a press conference in Odessa, Hug stressed the mission itself only reports on what it sees and hears, and refrains from drawing conclusions.

    "From the beginning, we wrote in …

  • Tymoshenko: Obama and Merkel have convinced Putin to transfer Savchenko to Ukraine

    According to the leader of the Ukrainian political party Batkivshchyna (Fatherland), Yulia Tymoshenko, US President Barack Obama and German Chancellor Angela Merkel have convinced Russian President Vladimir Putin to transfer Nadiya Savchenko to Ukraine, as reported by Deutsche Welle.

    On Friday, on the TV program “Shuster Live”, Tymoshenko expressed confidence that the three leaders had reached an agreement that will allow Savchenko to be transferred to Ukraine.

    "According to our information, …

  • The Kremlin says an exchange for Savchenko is 'theoretically possible'

    The Chief of the Presidential Administration of Russia, Sergei Ivanov, stated that the case of Nadiya Savchenko has nothing to do with the Minsk Agreements, but a prisoner exchange including her is theoretically possible, Interfax reported.

    “Regarding a possible exchange, theoretically, it is possible. With full respect for the legislation of the Russian Federation, the decision on this issue can only be made by the President of Russia,” Ivanov said. He also addressed whether the exchange of …

  • Putin advises Russian businessmen to wait to sell their assets in Ukraine

    On Thursday, Russian President Vladimir Putin visited the congress of the Russian Union of Industrialists and Entrepreneurs (RSPP), and later held a meeting with major businessmen behind closed doors. During the public part of the meeting, Putin praised the business leaders for their "mature and responsible" work, and assured them that the government is working on reducing the fiscal burden brought on by the economic crisis. The Russian President also said that he supports “easing the law” for …