• US allocates $250 million loan to Ukraine for nuclear waste storage

    The Ministry of Finance of Ukraine, the state company Energoatom, the US Government's Overseas Private Investment Corporation (OPIC) and the Central Storage Safety Project Trust bank have signed a loan agreement for $250 million for the construction of a used nuclear fuel storage facility in Ukraine, the country's Ministry of Finance website has reported. The loan has been granted for a term of 20 years.

    The Ministry noted that this project will allow Ukraine to renounce its use of Russia's …

  • Swedish Finance Minister: Stockholm made a mistake accepting so many refugees

    The Swedish finance minister, Magdalena Andersson, in a Friday interview for the newspaper Dagens Nyheter said that Sweden made a mistake by accepting thousands of asylum seekers in 2015.

    It is the first such statement of the politician from the ruling Sweden’s Socialist Working Party, whose coalition government together with the Green Party, welcomed over 163 thousand asylum seekers in 2015.

    "The integration [of immigrants] does not go as it should. We had a problem with it before the autumn …

  • Putin orders issue of special bonds for the repatriation of capital back to Russia

    While attending a meeting with businessmen, Vladimir Putin announced that he has issued an order for as early as 2018 for the issuance of special bonds for the repatriation of capital to Russia. The decision was made jointly by the government and the Central Bank.

    "At your last meeting, you asked for the creation of favorable mechanisms for the return of capital to Russian jurisdiction. As a tool, we have decided to use domestic bonds for external loans denominated in foreign currency. I have …

  • Russian Parliament approves agreement with Syria on expansion of Tartus military base

    On December 21, the lower chamber of the Russian parliament, the State Duma ratified the Russian-Syrian agreement on expanding the territory of the base of Russian forces in Tartus. The document was presented to the deputies by the Deputy Minister of Defense of Russia, Nikolai Pankov.

    Pankov explained that the agreement would allow for the expansion of the territory of the logistics center to 24 hectares.

    Russian President Vladimir Putin introduced a corresponding bill to the Russian …

  • Canadian Foreign Minister: Ukraine has not submitted a request for supply of lethal weapons yet

    Ukraine has not yet applied to Canada for the purchase of weapons, said the Minister of Foreign Affairs of Canada, Chrystia Freeland, during a joint press conference with Foreign Minister Pavlo Klimkin.

    "We have included Ukraine in the list of countries to which Canadian plants are permitted to sell Canadian weapons. This is just the first step. We have a complex process in Canada, which is very important for us to control the export of arms. We take this very seriously because this is a very …

  • Ukraine’s Minister of Finance demands resignation of Prosecutor General

    During a press conference in Kyiv, the Minister of Finance of Ukraine, Oleksandr Danylyuk, demanded the resignation of the Prosecutor General Yuri Lutsenko, reports TCN.

    “He discredits the Ukrainian people and international partners of the president and parliament, who entrusted him with such an important position, and the government as a whole, and therefore must resign,” Danylyuk said.

    The Minister of Finance also noted that the Prosecutor General has not been able to bring important …

  • EU extends sanctions against Russia until August 2018

    The Council of the European Union has extended sanctions against Russia until July 31, 2018.

    “On December 21, 2017, the Council extended economic sanctions against specific sectors of the Russian economy until July 31, 2018,” the report stated of the European Council.

    Initially, these measures were introduced on July 31, 2014 for a period of one year in response to Russia’s actions that destabilized the situation in Ukraine. They were strengthened in September of the same year and are …

  • Turchynov: murder of Okuyeva was ordered by Russia

    Secretary of the National Security and Defense Council Oleksandr Turchynov said that the murder of Amina Okuyeva, a volunteer of the Ukrainian Armed Forces, was an ordered professional hit executed by a Russian killer, UNIAN reports.

    On October 30, Amina Okuyeva was killed at a railway crossing near the town of Hlevakha not far from Kyiv. Her car was shot at by unknown assailants. Okuyeva died as a result of a shot in the head. Her husband Adam Osmayev was with her at the time, and he was …

  • Naftogaz of Ukraine expects to receive up to $16 billion from Russian Gazprom

    The national holding company Naftogaz of Ukraine expects to receive compensation in the sum of $6.5 billion to $16 billion from Russian Gazprom following the Stockholm Arbitration Court’s consideration of gas transit contracts, UNIAN reports citing the company's Chief Commercial Officer, Yuri Vitrenko, stated this.

    "The amount of our claim will be between $6.5 and $16 billion, depending on whether Ukrainian legislation is applied," he said.

    Vitrenko added that he anticipates the Stockholm …

  • SBU receives ‘green light' to start investigation into former DPR intelligence chief involved in downing of MH17

    On December 14th, the Security Service of Ukraine received an authorization for a special (in absentia) investigation against the former intelligence chief of the Donetsk People’s Republic (DPR), Sergey Dubinsky, aka Hmuriy (Gloomy), as reported by Ukrainski Novyny news agency.

    Major General of the Main Intelligence Directorate of the Russian Federation, Dubinsky, led the intelligence for separatists from July 7, 2014 to January 2, 2015. In an effort to conceal the participation of the Russian …