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Ukrainians keep billions of dollars in offshore accounts
According to international research organizations, the amount of Ukrainian money invested or kept off shore ranges from $117 billion to $167 billion. Doctor of Economic Sciences Sergey Korablin reports in the Ukrainian edition Zerkalo Nedeli that the total is equal to approximately double the country’s gross domestic product.
Annual losses of Ukraine from offshore operations amounted to $11 billion to $12 billion. That is equal to the loans that were provided to the country through the two …
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Ministry of Finance expects a positive decision from the IMF on the provision of loans to Ukraine
On the 15th of May, the Minister of Finance of Ukraine, Oleksandr Danylyuk, stated live on Inter TV that the Ministry expects a positive decision from the International Monetary Fund Board of Directors concerning the provision of the next loan to Ukraine. Danylyuk noted that the primary task now is negotiating the text of the Memorandum.
“Now, the main task is to agree on a new version of the Memorandum. When this happens, the meeting of the IMF Board of Directors will be held and I’m sure …
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Ukraine to discuss conditions of Russia's participation in Eurovision 2017
Only Russian performers who “understand that the annexation of Crimea and the occupation of the Donbas is a crime” should be allowed to participate in the Eurovision contest in 2017, according to a deputy of the Verkhovna Rada of the Narodny Front, Anton Herashchenko. He said this on the 15th of May while at the Govorit Moskva radio station.
According to him, Kiev “does not see any obstacles” for contestants who “do not speak out in support of Russia’s aggressive policies” and who “do not …
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Ukraine receives demining equipment from the EU
The European Union, in partnership with the Danish Refugee Council and the Danish Demining Group, gave the Ukrainian State Emergency Service (GSCHS) 200,000 euros worth of demining equipment for use in the Donbas, RBC-Ukraine reported.
"This is class 4 body armor, Kevlar helmets. This equipment is very necessary to us,” a representative of the GSCHS, Oleh Bondar, stated.
The equipment can locate mines at a depth of 3 meters.
“We must ask the aggressor country [Russia] when they will stop …
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EU Ambassador to Ukraine: Jamala told Europe the truth
The head of the EU delegation in Ukraine, Jan Tombinski, congratulated the head of the Mejlis of the Crimean Tatar people, Refat Chubarov, on Jamala’s victory at Eurovision 2016, with the performance of the song "1944" dedicated to the deportation of the Crimean Tatars by Soviet authorities in 1944. “I didn’t watch the Eurovision contest but I have already congratulated our friends from the Crimean Tatar organizations, Mr. Chubarov, on Jamala’s success,” Tombinski said.
He added that Ukraine’s …