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European Union assistance plan for Ukraine presented in Lithuania
On November 6, in the Lithuanian Seimas, ambassadors of the countries participating in the Eastern Partnership Program presented the so-called “Marshall Plan” – the EU's financial assistance plan to help Ukraine.
According to the plan, politicians are offering to allocate 50 billion euros to Ukraine for the promotion of small and medium-sized businesses. This would begin in 2018 and extend over a period of ten years.
“I would like to emphasize that this was first Lithuania’s plan to help …
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Ukraine to stop water supply to separatist-held areas of the Luhansk region
The Ukrainian company Luhansk Energy Union (LEU) said that as of Monday 6 November, inhabitants of the Luhansk province will have no water supply due to the waterworks’ debt, as reported by the TV channel 112 Ukraine with reference to the LEU’s statement.
According to the TV channel, power to the Petrovsk pump station of the Popasna waterworks which supplies the inhabitants of the Luhansk province will be switched off. The LEU’s report notes that the company’s leadership has repeatedly asked …
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Less than 20 companies expressed willingness to take part in the industrial park in Crimea
A preliminary agreement on the organization of production in the industrial park of Sevastopol was signed by 17 Russian enterprises. The companies specialize in machinery, instrument making and glassware production, as stated by Nikolay Brusnikin, Head of the City Department for Priority Development Projects, RIA Crimea reports.
"The Corporation for Development of Sevastopol, which oversees the industrial park project, had sent at least 100 appeals to Russian manufacturing companies. Half of …
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Poland not satisfied with the Ukrainian assurances in the absence of anti-Polish sentiment
Warsaw is pleased with the lack of anti-Polish sentiment in Ukraine, but the country still expects "specific proposals on historical issues” from Kyiv, as stated by the Polish Minister of Foreign Affairs, Witold Waszczykowski.
"The statement by the Ministry of Foreign Affairs of Ukraine that there is no anti-Polish sentiment in Ukrainian society is very encouraging. However, in historical issues, we expect concrete steps,” Polish Radio quotes him as saying. At the same time, the diplomat noted …
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International investigation reveals that Ukrainian President set up an offshore company to avoid taxes and not to facilitate the sale of his chocolate business
The purpose of creating an offshore corporation for Roshen, a confectionary business owned by President Petro Poroshenko, could be to minimize taxes rather than transferring the business into a blind trust for further sale, as indicated in an investigative report conducted by the Organized Crime and Corruption Reporting Project (OCCRP), an independent investigative journalism community, and the Slidstvo-info investigative journalism outlet, reported Hromadske TV.
According to the investigation, …