Contents tagged with Groysman

  • Naftogaz files $236 million lawsuit against Ukraine’s government

    The gas company Naftogaz of Ukraine asked Kyiv Economic Court to recover compensation of more than 6.63 billion hryvnias ($ 236 million) from the Ukrainian government due to the losses the company allegedly suffered because of supplying the gas below the market prices, reports Ukrainski Novyny news agency citing.

    According to the news agency, the company filed a lawsuit in October this year. Naftogaz accused the Ukrainian government of inaction, which “consists of the uncertainty in …

  • Prime Minister Groysman promises a strong Ukrainian economy in five years

    Prime Minister Volodymyr Groysman stated in an interview with Ukrinform that in just two years Ukraine can reduce its debt burden to 50% of its gross domestic product, and in five years the country will have a strong economy.

    While commenting on recent agreements with the International Monetary Fund, the Prime Minister said that Ukraine is already beginning to reduce, rather than increase debts.

    Groysman also spoke about the “balanced and non-deficit” draft state budget for 2019 that he …

  • Prime Minister Groysman: Ukraine will be on the verge of default without foreign loans

    Ukrainian Prime Minister Volodymyr Groysman said that the increase in gas pricea is a forced measure in order to pay off debts to the IMF, reported Inter TV channel.

    According to Groysman, the Ukrainian national debt increased by 50 billion dollars from 2005 to 2013.

    “We carry such a serious debt on our shoulders. We cannot pay it off on our own. That is why we have to enter international markets. We have to take this step to ensure stability. I am the first person who is for reducing prices, …

  • Ukrainian Prime Minister promises that Ukraine would achieve energy independence from Russia

    In a statement published on the Ukrainian government web site, The Prime Minister of Ukraine, Volodymyr Groysman stated that his country will refuse to import Russian gas and will stop “bowing” to Russia now that Ukraine has its own reserves.

    Groysman said he always wondered why Ukraine bought Russian gas despite the former having second and third natural gas reserves. “Once December used to come, the government bowed its head, bent a knee, and crawled to Moscow to negotiate the gas price and …

  • Ukrainian Prime Minister Groysman: Ukraine has spent 4.5 billion euros to clean the banking system

    Ukrainian Prime Minister Volodymyr Groysman stated in at a meeting in Copenhagen that Ukraine has spent €4.5 billion ($5.2 billion) on cleansing the country’s banking system, which has been bogged down with large debt payments and military spending.

    According to Groysman, the State will have to pay off $33 billion of debt in the next five years. “We have carried out the cleansing of the banking system, and it cost us 4.5 billion euros. In the next five years, we need to disburse $33 billion,” …

  • Media: Ukrainian special services are looking for dirt on Prime Minister Groysman

    The Security Service of Ukraine (SBU) has begun to search for compromising information on the country's Prime Minister, Volodymyr Groysman, the Obozrevatel news outlet reports referring to unnamed sources.

    According to their information, this happened after the head of the Ukrainian government announced the beginning of the fight against corruption at the Ukrainian customs. "In fact, those who directed the smuggling flows, realizing that they are losing money, want to incriminate the prime …

  • Ukrainian MP: Prime Minister Groysman on warpath with Poroshenko

    Ukrainian MP Mustafa Nayyem wrote on his Facebook page that President Petro Poroshenko may see a new stage in the fight against contraband schemes at the federal customs office, announced earlier by Ukrainian Prime Minister Volodymyr Groysman, as a “declaration of war”.

    He noted that since the Cabinet of Ministers has provided the National Police with the right to round-the-clock access to customs control zones at checkpoints across the state border, contraband in the country will be monitored …

  • Ukrainian Prime Minister Groysman submits motion to dismiss Finance Minister Danylyuk

    Ukrainian Prime Minister Volodymyr Groysman has signed a motion for the Verkhovna Rada to dismiss Finance Minister Oleksandr Danylyuk.

    “I have signed a motion for the Verkhovna Rada to dismiss Finance Minister Oleksandr Danylyuk from his position. After the conflict he provoked at the government session, he allowed himself to take actions which, in my view, are incompatible with him remaining a member of the Cabinet of Ministers. The distribution of distorted information among our …

  • Ukrainian Finance Minister considers his complaints against Groysman and Poroshenko justified

    In response to a question from the Ukrainski Novyny news ageny, Ukrainian Finance Minister Oleksandr Danylyuk said he does not think it was a mistake to send a letter to the ambassadors of the Group of Seven countries complaining about the pressure from Prime Minister Volodymyr Groysman and President Petro Poroshenko.

    “I had exhausted the opportunities for normal dialog. I am a decisive person, but also tolerant. We always look for ways to carry out what we have planned. Regarding the State …

  • European Commission offers mediation between Russia and Ukraine on Nord Stream-2

    The European Commission (EC) offered mediation services to Russia and Ukraine in the dispute over the new Nord Stream-2 gas pipeline construction. The goal is to conclude a detailed agreement on continuing of the Russian gas transit through the territory of Ukraine after 2019, said the Deputy Chairman of the EC, Maros Sefcovic on Friday in Brussels.

    He claimed that Germany actively facilitated the coordination of such a tripartite meeting. On May 28, Sefcovic plans to discuss with Russia a …