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Muzhenko explained when Ukrainian forces can open retaliatory fire
The Chief of the General Staff of the Ukrainian Armed Forces, Viktor Muzhenko associates the escalation at the demarcation line with the defeat of separatists near Avdiivka. Muzhenko reminded that Ukrainian servicemen have the right to open fire, as stated in his commentary to Ukrayinska Pravda in response to questions about the recent escalation in the ATO zone since the 29th of January.
“I think that this is all a response to the defeat that separatists experienced near Avdiivka. They …
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Russia tops the list of foreign direct investment into Ukraine in 2016
According to the figures on the website of the State Statistics Service of Ukraine, Russia topped 2016 as the primary investor into Ukraine.
Russian businesses invested 1.67 bln USD, or 38% of the total share of investment, into the economy of Ukraine last year.
In total, foreigners invested 4.4 bln USD directly into the Ukrainian economy, a 17% rise over 2015.
These investors represented more than 77 countries, the primary ones being Russia (1.667 bln USD), Cyprus (427.7 mln USD), Great …
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Naftogaz of Ukraine wants to join Poland's lawsuit against Gazprom’s access to OPAL
NJSC Naftogaz of Ukraine requested that the European Court of Justice allow them to join the case on appeal by Poland's PGNIG Supply & Trading against the decision of the European Commission to expand Gazprom’s access to the OPAL gas pipeline, according to the Naftogaz website which reads: “According to the statute of the European Court of Justice, a legal entity can enter the case if it is able to prove an interest in the outcome of this case.”
In its request, Naftogaz specified the potential …
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Tensions rise as separatist 'nationalize' Ukrainian companies in the Donbas
On March 1, separatists introduced "external management" to Ukrainian enterprises located in the territories of Donetsk and Luhansk regions not controlled by Kyiv. This action is the fulfilment of an ultimatum given the day before to the organizers of the trade blockade of the Donbas. The blockade is has been manned by veterans of the war in eastern Ukraine since the end of January.
The separatists placed about 40 Ukrainian companies under "external management." This was stated by the head of …
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Ukraine loses billions of dollars due to the financial aggression of Russia
Direct financial losses for Ukraine as a result of Russia’s aggressive trading amount to nearly a billion dollars, Deputy Minister for Economic Development and Trade and Trade Representative of Ukraine Nataliya Mykolska said in an interview with DT.UA.
The greatest loses affected exports to Kyrgyzstan and Kazakhstan.
“Our biggest losses were exports to Kazakhstan and Kyrgyzstan, where 40 percent of exports was lost. But exports to other countries were also hit as well. If it’s all totaled up, …