• Kiev Fines Gazprom $3.4 Billion

    The Antimonopoly Committee of Ukraine (AMCU) fined Gazprom 85 billion Hryvnia (around 3.4 billion dollars) for an abuse of dominance in the gas transit market in Ukraine, as reported on 22 January, by the head of AMCU, Yuriy Terentyev.  “The decision has just been made concerning the abuse of the dominant position in the market by the monopoly gas producer Gazprom. The amount of the fine is 85 billion Hryvnia," wrote Terentyev on his Facebook page. Yaroslav Teklyuk, Director for Legal and …

  • Poroshenko Refuses To Answer Questions Asked By Russian Journalists in Davos

    Ukrainian President Petro Poroshenko ignored Russian journalists at the World Economic Forum in Davos. As reported on Friday, January 22nd by RIA Novosti, reporters tried to get a comment from the Ukrainian leader several times, but upon learning that they were Russian media representatives, he flatly refused to communicate.

    A Russian journalist from the news agency Sputnik posed a question in English. Poroshenko asked what country he was from, and learning that he was from Russia, the …

  • Biden and Poroshenko Discuss Ukraine's Fight Against Corruption

    The United States reported that during a meeting on Wednesday, January 20th, Vice President Joe Biden and the President of Ukraine Petro Poroshenko discussed the need for Ukraine to continue its fight against corruption. According to the White House this was agreed upon by both leaders.They also agreed on the importance of the continuation of compliance with the Minsk Agreements by all participants of the conflict in Ukraine, the brief statement said.The Press Service of the President of …

  • US Loan To Kiev Contingent on Resignation of Ukrainian Attorney General

    According to ZN.ua, the U.S. State Department will consider Ukrainian Prosecutor General Shokin’s dismissal as clear support for the fight against corruption in Ukraine, as well as a main condition for a $1 billion loan to Ukraine.

    This was revealed during the visit to the USA of Deputy Prosecutor General David Sakvarelidze, the Director of the Anti-Corruption Bureau Artem Sytnik and anti-corruption Prosecutor Nazar Kholodnitskyi. Ukrainian officials are in the US on a working visit now, where …

  • Ukraine Announces Completion of First Phase of Beskid Tunnel

    The Minister of Infrastructure of Ukraine, Andriy Pyvovarsky, announced on January 21st the completion of the first phase of the new double track Beskidian tunnel construction running from Beskid to Skotarske in the Carpathians. A celebration marking the completion of the first phase was attended by Deputy Prime Minister Gennady Zubko, Deputy Minister of Infrastructure Mykola Snitko and the acting President of PJSC "Ukrainian Railways" Alexander Zavgorodniy.

    The most difficult part of the work …