• Abromavičius refuses to withdraw resignation

    The Minister of Economic Development and Trade of Ukraine, Aivaras Abromavičius, did not withdraw his resignation after a meeting with Ukrainian Prime Minister Arseniy Yatsenyuk.

    This was reported by the Press Service of the Ministry. The decision was taken after a meeting of the Cabinet of Ministers, in which several ministers withdrew their applications of resignation.

    On Thursday, Abromavičius met with Prime Minister Yatsenyuk as well as other ministers where they discussed issues related …

  • IMF Delays next Installment of Loan to Kiev

    According to Apostrophe, a source in the Ukrainian Government stated that the International Monetary Fund, which is the key creditor of Kiev, has delayed the next installment within its loan program, which Ukraine is expecting to arrive this month.

    The President of Ukraine, Petro Poroshenko, the Minister of Finance, Natalie Jaresko, and the Chairwoman of the National Bank of Ukraine, Valeriya Hontaryeva, have discussed the economic situation in the country and the provision of the next loan …

  • Erdogan: Syrian Negotiations are Meaningless unless Russia and Syria Cease Attacks

    Turkish President Recep Tayyip Erdoğan stated that inter-Syrian negotiations in Geveva are meaningless as long as the troops of the Syrian President, Bashar Al-Assad, and Russia continue hostilities in Syria. “Russia continues to kill people in Syria. How is it then possible to hold peace negotiations?” he rhetorically asked, speaking during his visit to Peru on the 4th of February. “In a climate when people are killed, such efforts make no sense. They just ease the conditions for the tyrant,” …

  • Bavarian Minister-President visits Moscow to 'restore normal relations' with Russia

    At a reception held by Russian President Valdimir Putin, Bavarian Minister-President Horst Seehofer said that he would make an effort to restore normal relations with Russia.  He had previously stated that the Bavarian economy is suffering due to sanctions placed against Russia.

    Seehofer is also the head of the Christian Social Union party (CSU).  He viewed his visit to Moscow as a step towards achieving these normal relations with Russia.  “We wholeheartedly wish to contribute to the …

  • Ukraine's Foreign Exchange Reserves increase to 13.4 billion dollars

    As of January 2016, the international reserves of the National Bank of Ukraine (NBU) have increased from 100 million dollars to 13.4 billion dollars.This was reported by the head of the NBU, Valery Gontareva, at a parliamentary meeting held in Kiev on Wednesday.“We haven’t lost a single penny of our stocks in January, which is a good sign,” she said.Gontareva originally predicted reserve growth this year to be between 15 and 18 billion dollars.  However, this prediction failed due to the pause …

  • European satellites broadcast Ukrainian TV channels to Crimea

    The population of Crimea is presently viewing Ukrainian television channels via a satellite owned by a number of European companies.  At the same time, Crimean TV stations are trying to retransmit their programs through less popular satellites due to the current economic sanctions.

    The Adviser to the Minister on the Crimean Information Policy, Emine Jeppar, commented on the matter.

    “The Ministry on the Crimean Information Policy is aware of the issue of the channel retransmission by the …

  • German Media Uncovers another Case of Disinformation Planted by Russia

    Correspondents of the Russian news outlet, The Insider, have found people who assisted a Russian TV channel in creating a false story about refugees in Germany. The Police are denying the information provided in the channel’s report.

    The false story by the Russian TV channel, Star, which aired on the 14th of January, reported the rape and murder of a woman in a refugee shelter in Hannover. The police have denied the information concerning the murder, according to German newspaper Hannoversche …

  • The OSCE has Documented an Increase in Attacks in Eastern Ukraine

    On February 1st, the Special Mission of the OSCE recorded 337 explosions in the Donbas region and on February 2nd, almost five times more.

    The Special Monitoring Mission (SMM) of the OSCE observed numerous violations of the ceasefire in eastern Ukraine as stated in the observer’s report from February 2nd, published on the official website of the OSCE.

    In particular, the observers recorded 337 explosions on February 1st and 1,614 on February 2nd, including those fired from heavy weapons. "On …

  • Georgian President: There cannot be a stable Europe without stable Caucasus

    At the annual “State of the Country” address, Georgian President Giorgi Margvelashvili devoted a significant part of his speech to Euro-Atlantic integration and relations with Russia.

    The President of Georgia noted that “The stability of Europe is dependent on stable Caucasus.”

    Margvelashvili once again accused Moscow of “the occupation of 20% of Georgian territory.”  He also warned that Russia “will never be able to achieve its goals by capturing territories of neighboring states.”

    He …

  • Western ambassadors in Kiev 'disappointed' by resignation of Ukrainian Minister of Economy

    Diplomats say that Ukraine’s former Minister of Economic Development and Trade, Aivaras Abromavičius, and his advisers sought to overcome the corruption that hinders the development of Ukraine.

    Diplomatic representatives of six Western countries issued a joint statement in Kiev with regard to the resignation of Abromavičius.  The Ambassadors of Canada, France, Germany, Italy, Lithuania and Sweden have expressed “deep disappointment” at the resignation of Abromavičius and his group of advisers. …