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Ukrainian Eurobonds plummet following IMF's announcement of possible cessation of assistance to Kiev
A statement made by the head of the International Monetary Fund, Christine Lagarde, concerning the possible cessation of financial assistance to Ukraine has already affected the value of Ukrainian Eurobonds.
Igor Mazepa, the Director General of IC Concorde Capital and a member of its business initiatives group, discussed this in his commentary for Correspondent.net. According to him, the value of Ukrainian bonds fell by 1.5-2.2% in just one hour.
"In comparison, last week after the statement …
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NATO is working to strengthen the Ukrainian army
NATO will continue to coordinate with Ukraine on a daily basis and work to strenghten the Ukrainian Armed Forces, an anonymous senior NATO official told Radio Svoboda.
"The parties have already identified the main objectives for cooperation. In Kiev, a group of NATO defense consultants is constantly working to help their Ukrainian colleagues enhance the combat readiness of the armed forces and to carry out reforms. Everything is being improved: from the operational plans to procurement systems …
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Entire Factory Illegally Transported from Ukraine to Russia Resumes Operations
A Ukrainian factory which was repossessed by Russia and illegally transported from eastern Ukraine has started its work in Kamensk-Shakhtinsky in Russia's Rostov Oblast. The factory was removed from the Lugansk region of Ukraine in 2014 under the cover of military groups, as reported by Rossiiskaya Gazeta.
The Kamensky Transport Machinery Plant, formerly the Lugansk Electromechanical Plant, specializes in the production of equipment for rail transport and ore-mining. The equipment produced by …
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Russia refutes claims that expropriated Ukrainian warship will be used in Syrian operation
Russia has refuted claims that the large Ukrainian landing ship, "Konstantin Olshansky", which was captured during the annexation of Crimea, will be used for military operations in Syria.
This was reported to the Interfax news agency by an informed source.
“The General Staff of the Russian Navy does not plan to use the ship in the operation which has been called the 'Syrian Express' by foreign media. This ship’s return, along with others, to Ukraine is currently suspended due to the conflict …
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Poroshenko to IMF: Ukraine will continue reforms despite crisis in relations in the government
The President of Ukraine, Petro Poroshenko, held a phone conversation with the Managing Director of the International Monetary Fund, Christine Lagarde, in which an agreement was reached to prepare a road map for reforms, the Press Service of the President stated.
As noted, Poroshenko stressed that Ukraine will continue reforms despite the crisis in relations between the government and the parliamentary coalition. In addition, the President stressed the need to restart the Cabinet of Ministers …