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Rada proposes allowing Russian artists to perform in Ukraine after submitting written condemnation of the Kremlins's policies
The Ukrainian Parliament is discussing a bill that would restrict performances of Russian musicians and actors in the country.
The People's Deputies of the Verkhovna Rada (the Ukrainian Parliament) wants to tighten the rules for Russian musicians, writers and movie makers. The authors of the bill want to ensure that media products from the Russian Federation appear in Ukraine only by permission of the Rada. Russian artists can receive permission to broadcast in Ukraine only after a written …
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New Antonov An-178 makes international debut at ILA Berlin Air Show
The new Ukrainian transport aircraft An-178 which was developed by the state enterprise Antonov, and boasts a lifting capacity of 18 tons debuted in the summer program at the International Aerospace ILA Berlin Air Show-2016. As the company’s press service reports, the new Ukrainian freighter fulfilled all aerobatic elements in extremely adverse weather conditions.
"Due to difficult weather conditions demonstration flights were allowed only for the European transport A400M produced by Airbus …
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OSCE: Separatists are firing from the roofs of houses in Donetsk
Donetsk residents have told observers of the Special Monitoring Mission (SMM) of the OSCE that separatists are using the roofs of their houses as platforms for attacks. Interfax-Ukraine reported that this was said by the First Deputy Head of the OSCE SMM in the Donbas, Alexander Hug.
“On Monday night, our observers reported 105 explosions north-west of Donetsk. Many of these explosions occurred in the Kuibyshevskyi district of the city. Our observers visited the area two days before the …
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Ukrainian Finance Minister: Russia's debt recovery lawsuit could take up to two years
According to the Ukrainian Minister of Finance, Alexander Danyluk, proceedings in the debt recovery lawsuit between Russia and Ukraine may continue for up to two years. The case involves $3 billion worth of financial assistance provided to Ukraine while the country was being led by former president, Viktor Yanukovych. Danyluk made these statements during an interview with 24 Channel on the 1st of June.
Danyluk says that “developments may vary. It may take up to two years for the process to …
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Moody's improved the outlook for Ukraine's banking system
Moody's Investors Service changed the outlook for Ukraine's banking system from “negative” to “stable,” according to the agency’s press release. The change in outlook reflects their view that the country’s economy has started to emerge from a deep recession and will continue to do so in the next 12 to 18 months, which will help contain further asset quality deterioration.
In turn, improved funding conditions will support core lending and the local currency's recent stabilization will help slow …