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Economy

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Ukraine’s government proposes to up road sector financing by 50.5%

15:28

It is proposed to set financing of road construction, repair and reconstruction in Ukraine in the draft 2009 national budget, offered by the government, at a level of UAH 14.9 billion, which is 50.5% up on financing in 2008.

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Ukrainian president worried IMF might cancel loan due to increase of import duties

14:05

Ukrainian President Viktor Yuschenko has criticized the adoption by parliament of an additional temporary duty on all imported goods, apart from a list of goods that will be compiled by the Cabinet of Ministers. He said that this could be a reason for the International Monetary Fund (IMF) to refuse from future cooperation with Ukraine within the framework of a $16.5 billion loan.

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Ukrainian parliament okeys higher excise duty on beer, alcohol in first reading

13:39

Ukraine’s parliament has passed a bill in first reading on an increase of minimum excise duties on beer and fortified alcohol in 2009.

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Western Ukrainian chemical company accuses cabinet of failing VAT commitments

12:47

Karpatnaftokhim Ltd. (Kalush, Ivano-Frankivsk region) has said that the Ukrainian cabinet has taken no substantial steps to carry out a number of clauses in the memorandum of mutual understanding which was signed by chemical producers and the government and aims at mitigating the aftermath of the global downturn, the company said in a press release issued on Tuesday.

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Ukrainian parliament refuses to cancel import duty on sunflower seeds

12:04

Ukraine’s parliament has refused to cancel an import duty on sunflower seeds which was suggested by the cabinet's farming anti-crisis draft law.

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Problem loans in Ukraine reach 2.1% in November - NBU

10:38

The share of problem loans among all loans made by Ukrainian banks rose to almost 2.1% (UAH 15.054 billion) as of December 1, up from 1.79% (UAH 12.091 billion) at the end of October, the National Bank of Ukraine said in a statement.

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Ukraine's GDP may grow 1%- 1.8% in 2008, says Yuschenko

19:28

Ukrainian President Viktor Yuschenko forecasts that Ukraine's GDP will grow 1%- 1.8% in 2008.

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Forecast wholesale market electricity price in Ukraine not to change in January 2009

18:49

The forecast wholesale electricity market price on the Wholesale Electricity Market of Ukraine from January 1, 2009, will not change compared to the price set for December, and will be UAH 395.17 per megawatt-hour (not including VAT), the NERC has told Interfax-Ukraine.

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Currency licenses to be withdrawn from number of banks this week

17:33

This week the number of Ukrainian banks performing speculating currency trading can lose their currency licenses, Vasyl Horbal, the member of the NBU council, has told Interfax-Ukraine.

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NBU sells currency worth $6 b to banks in October-November

17:00

The National Bank of Ukraine (NBU) in October through November sold currency worth $6.06 billion to commercial banks, according to the Dzerkalo Tyzhnia newspaper referring to sources close to the presidential secretariat.

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Press-releases

15:03 04.12.2008 AMAKO – the Company of the Year In Sales of Imported Agricultural Machinery in Ukraine
10:00 17.11.2008 Interfax-Ukraine updates its Web site
19:00 14.11.2008 The program of the domestic automotive industry development is the main topic of the “AutoPROm.UA-2008”
11:48 05.11.2008 Baker Tilly Ukraine strengthens its influence in Northern Region of Ukraine and Autonomous Republic of Crimea
09:33 05.11.2008 The AMAÑO Ñompany retains the currency exchange rate of the American dollar at the level of 4,85 UAH, thus stabilizing prices for the imported building and agricultural equipments

Press-conferences

15:12 12.12.2008 Eurocopter wins tender to supply rescue helicopters to Ukrainian Emergencies Ministry
11:00 09.12.2008 UBDP changes name to BG Bank
16:09 08.12.2008 Ukrainian MP proposes temporary ban on arms sales to Georgia
14:41 03.12.2008 Yellow Pages Ukraine offers access to its database via Internet and mobile communications
12:59 02.12.2008 Expert forecasts swift development of domestic tourism in Ukraine for period of crisis
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