Accounting chamber forecasting inflation rate will exceed 15 percent in 2009

The Accounting Chamber is forecasting that the inflation rate will exceed 15% in 2009.  Full Story
Yesterday, 18:14 | Ukrainian News

Global oil supplies to outstrip demand

WASHINGTON - Global oil demand through next year will be weaker than previously forecast while petroleum supplies will be higher, the U.S. government said in a revised outlook on Wednesday.   Full Story  
Yesterday, 21:51 | Reuters

Hryvnia rises by 30 kopecks to 8.50 Hr/$ on inter-bank market

The hryvnia rose by 30 kopecks to 8.50 UAH/USD on the inter-bank currency market on Wednesday, after rising by 5 kopecks on Tuesday.   Full Story  
Yesterday, 18:11 | Ukrainian News

International Monetary Fund expects Ukrainian state debt to grow to 35.4 percent of GDP in 2009

MOSCOW - The International Monetary Fund has predicted that Ukraine's state debt, including direct debt and debt guaranteed by the government, will increase from 19.9% of GDP in 2008 to 35.4% in 2009, its highest level since 2002.   Full Story  
Yesterday, 18:07 | Associated Press

Opel options include General Motors keeping it

FRANKFURT - A person familiar with General Motors' talks on Opel said GM's board of directors is reviewing four outcomes as it debates the future of its German-based unit, including the possibility of keeping Opel or letting it slide into bankruptcy protection.   Full Story  
Yesterday, 17:40 | Associated Press

Kraft to focus on improving growth in Europe

NORTHFIELD, Illinois - Kraft Foods Inc. said Wednesday it plans to focus on higher-margin, priority brands to boost productivity in Europe and will continue to cut costs as the food maker hopes to continue expanding worldwide.   Full Story  
Yesterday, 16:14 | Associated Press

Gazprom opens new pipeline through Lithuania

SAKIAI, Lithuania (AP) — Gazprom on Wednesday opened a new pipeline across Lithuania that will allow the Russian gas company to increase supplies to Kaliningrad, a Russian exclave between Lithuania and Poland.   Full Story  
Yesterday, 16:12 | Associated Press

Ambassador: Ukraine's production's export to Georgia reduces by 37 percent

Ukraine's exports to Georgia fell by 37% in 2009, Ukraine's ambassador to Georgia Vasyl Tsybenko has said in an interview with the Interfax-Ukraine.   Full Story  
Yesterday, 15:59 | Interfax-Ukraine

Vinsky: Premier, National Bank of Ukraine governor responsible for fall in hryvnia exchange rate

Ukrainian Prime Minister Yulia Tymoshenko and National Bank of Ukraine Governor (NBU) Volodymyr Stelmakh are equally responsible for a fall in the hryvnia exchange rate, according to Yosyp Vinsky, the head of the central organizing committee of the Association for Democracy and Justice.   Full Story  
Yesterday, 15:37 | Interfax-Ukraine

International Monetary Fund projects National Bank of Ukraine monetary gold reserves at $30 billion by end of 2009

The International Monetary Fund projects the National Bank of Ukraine monetary gold reserves at USD 30 billion by the end of 2009, reads memorandum of economic and financial policies, agreed upon by Ukraine and the IMF in July and published on September 8.   Full Story  
Yesterday, 15:00 | Ukrainian News

Cabinet and National Bank of Ukraine reconcile position on Ukrprombank

The Cabinet of Ministers and the National Bank of Ukraine reconciled a common position on settling problems with Ukrprombank, acting finance minister Ihor Umanskyi has announced to journalists.   Full Story  
Yesterday, 14:13 | Ukrainian News Archive