European Bank for Reconstruction and Development to allocate 30 million for direct investments in Ukraine
The European Bank for Reconstruction and Development (EBRD) decided to allocate $30 million to the Emerging Europe Growth Fund III, L.P. (EEGF III). It is a direct investment fund, launched by Horizon Capital for investments, mainly into Ukraine, as reported by Anton Usov, EBRD's Senior Communications Advisor.
"The EBRD is investing $30 million into the Emerging Europe Growth Fund III, which will invest in the shared capital of small and medium-sized enterprises in Ukraine. The goal for the …
Two-thirds of Russian millionaires send their children to study overseas
About two-thirds of the children of large capital-holders in Russia have enrolled at overseas universities.
RNS reports that this was discovered through a study named Wealth Report: Russia, which was prepared by the Julius Baer Group and SKOLKOVO Wealth Transformation Centre.
As is evident from the report, the average age of owners of large capital-holders in Russia is 50-55 years. They are generally in their first marriage, and have three children.
The report shows that the fortunes of such …
Russia hands over data on five Americans captured in Vietnam to the US
Russia has given the US declassified archival information about five American pilots who were captured in Vietnam in the 1970s, Interfax reported, citing the Deputy Chief of the Defense Ministry of Russia for Perpetuating the Memory of those Killed in the Defense of the Fatherland, Andrei Taranov.
Taranov did not mention the names of the prisoners, nor did he specify whether the Americans were captured by Vietnamese or Soviet troops.
According to Taranov, the message was received with "great …
Former President of Ukraine: The European Union has brought Ukraine to its knees
The European Union has brought Ukraine “to its knees” and considers it as simply a supplier of raw materials. The country needs to unite to facilitate further development rather than walk around the world with an outstretched hand, former Ukrainian President Leonid Kuchma believes. He said this during a speech at the opening of the international forum, reports TV channel 112 Ukraine.
“Our economy has been neglected, we are falling apart! We are becoming a raw material colony. All we have left …
Ukraine submits an appeal against decision on 'Yanukovych loan'
On Friday, the Ukrainian Ministry of Finance submitted the necessary documents on behalf of the State of Ukraine to the English Court of Appeals to initiate an appeal against the decision of the High Court of London on the claim of the Russian Federation against Ukraine regarding Eurobonds for $3 billion.
"Ukraine is confident in the arguments of the appeal and in winning at the Court of Appeal at the appropriate time. The hearing of the appeal is tentatively scheduled for the second half of …