• The National Bank of Ukraine reduces the limit on total cash payments per day

    On the 3rd of January, the National Bank of Ukraine announced the reduction of the total limit amount of individual cash payments from UAH 150,000 or about $55,570 to UAH 50,000 or approximately $18,520 beginning from the 4th of January 2017.

    As the website of the National Bank of Ukraine reports, the limits apply to total cash payments between individuals and enterprises per day and also between individuals themselves under sale-purchase agreements, which are subject to notarization.

    However, …

  • Separatists from LPR receive almost half of the value of coal supplied from the occupied territories to Ukraine

    Separatists from the Luhansk People’s Republic (LPR) receive 47% of anthracite value supplied from the occupied part of Donbas to PJSC Centrenergo as taxes. This was outlined in the conclusions of the Security Service of Ukraine. The corresponding data is contained in the decision of the Severodonetsk City Court of Luhansk region of 2 December 2016.

    The Minister of Fuel, Energy and Coal Mining of LPR directs approximately 47% of the taxes received from the  export of coal from the above- …

  • Valeriy Chaly: Ukraine may receive lethal weapons from Trump administration

    The position of U.S. President Barack Obama's administration, which has not allowed the delivery of lethal weapons to Ukraine until now, may be revised by Donald Trump’s team, as was stated by the Ambassador of Ukraine to the United States, Valeriy Chaly, in an interview with Ukrinform.

    "Defence equipment is now being supplied to Ukraine making it possible to save the lives of our soldiers, as well as to register the violations of the ceasefire. Such as the counterbattery radars," the diplomat …

  • Ukrainian Foreign Ministry expresses outrage over Marine Le Pen’s statements on Crimea

    The Ukrainian Foreign Ministry is outraged following the statement of the leader of the far-right party National Front, Marine Le Pen, who is running for president in France, in which she said she supported Russia's annexation of the Crimea. 

    "We remind you that Russia’s actions on this particular matter were strongly condemned by all civilized countries of the world, as supported by the UN General Assembly resolutions of 2014 and 2016, as well as by multiple decisions and documents of the EU, …

  • Ukraine will manufacture M16 automatic rifles

    The Deputy Director General for Aircraft Industry and Operations of the State Concern Ukroboronprom, Volodymyr Korobov, stated at a briefing on January 3rd that Ukroboronprom will produce American M16 automatic rifles, LIGA.net reported.

    “We have a project: the production of M16 automatic rifles in the territory of Ukraine. We are far along in this project. We started it and we will implement it. I hope that we will soon move towards practical implementation. Currently, we’re signing all …