• Kolomoyskyi’s claims against Ukraine in the Ukrnafta case reach $5.4 billion

    The claims of Ukrnafta's minority shareholders controlled by Ihor Kolomoyskyi against Ukraine increased to $5.4 billion, according to Interfax-Ukraine with reference to the data of the Ministry of Justice published in Prozorro.

    In September 2017, in the prospectus of Eurobonds of Ukraine, it was stated that claims of minority shareholders in accordance with the suit filed with the Arbitration Institute of the Stockholm Chamber of Commerce against Ukraine amounted to $4.7 billion. The …

  • Klimkin insists that US weapons are needed only for the defense of Ukraine

    At a joint press conference with German Foreign Minister Sigmar Gabriel on January 3, Ukrainian Foreign Minister Pavlo Klimkin said that the lethal weapons that the US will provide to Ukraine will be used only when provoked by Russia and the separatists, Interfax-Ukraine reports.

    Klimkin stressed that the weapons will not be used to contribute to the escalation of the conflict in eastern Ukraine.

    "We are talking about defense weapons. These weapons can and will be used in the event of …

  • US ambassador: Those who fight corruption are heroes, but the adherents of old Ukraine have gone to war with them

    US Ambassador to Ukraine Marie Yovanovitch wrote an article for Novoye Vremya advocating the creation of an Anti-Corruption Court and the reformation of the National Agency on Corruption Prevention (NACP).

    “Four years after Maidan, the question is haunting: isn’t the urge to bring Ukraine into the future fading? Political attacks on the NABU (National Anti-Corruption Bureau of Ukraine) and SAP (Specialized Anti-Corruption Prosecutor’s Office of Ukraine) hinder their ability to take down …

  • Ukrainian official: there are no prospects for peacekeeping mission in Donbas

    Ukraine’s representative in a subgroup of the Trilateral Contact Group, the former Prime Minister, former Minister of Defense, and former Chairperson of the National Security and Defense Council, Yevhen Marchuk, does not see the possibility a United Nations peacekeeping mission being deployed to the Donbas, as he discussed on the Fifth channel on Tuesday, January 2.

    “Frankly speaking, I have little hope that the peacekeeping personnel will help resolve anything in the immediate future,” …

  • Ukraine considerably increased imports of good from Russia in the first 11 months of 2017

    During an 11 month period in 2017, Ukraine increased its imports of goods from Russia (in monetary terms, compared to the same period in 2016) by 38.6%, to $ 6.3 billion, the National Bank of Ukraine reports.

    At the same time, exports of goods to Russia during this period increased by 11.9% to $ 3.06 billion, while overall trade turnover increased by 28.6% to $ 9.36 billion.

    The balance of trade with the Russian Federation for the first 11 months of last year was negative for Ukraine and …