• Ukraine will not completely abandon Russian ruble

    There are no grounds for refusing to circulate the Russian ruble in Ukraine, stated Oleh Churiy, Deputy Chairman of the National Bank of Ukraine (NBU).

    "A few weeks ago, the NBU forbade exchange offices of authorized banks to accept Russian rubles with images of Ukrainian territories [ that are not controlled by Ukraine due to Russia’s aggression]... At present, we do not have any plans to further ban the circulation of cash Russian rubles on the territory of Ukraine," Churiy said at a …

  • Ukrainian General: Russia sets up its military base in Crimea for an attack on Ukraine

    In moving a new weapons to the annexed Crimea, Russia is preparing not for defense, but for an attack on mainland Ukraine, as expressed on Krym Realii radio by Lieutenant General and former Deputy Chief of the General Staff of Ukraine, Ihor Romanenko.

    "As far as I know, they are planning to bring another S-400 air defense system to Feodosia before the end of the year. The outdated Su-24 and Su-25 aircrafts are being changed to Su-30s, and more advanced ships are being transferred to the Black …

  • Ukraine will not receive a new IMF tranche until next year

    A new tranche from the International Monetary Fund (IMF) under the Extended Funding Facility (EFF) will not arrive in Ukraine until 2018, reported the Press Service of the National Bank of Ukraine (NBU).

     "The National Bank awaits the next tranche of the EFF program in the first quarter of 2018. Jointly with the surplus of the consolidated balance of payment, this would allow for increasing Forex reserves to $22.1 billion (or 4.2 months of future imports) as of late 2018," the NBU reports.

    At …

  • US Ambassador on protests at Ukrainian Parliament: Ukrainians are behaving decently

    The behavior of protesters and law enforcement officers during the protest action under the walls of the Verkhovna Rada of Ukraine indicates that the Ukrainian people can enjoy their rights. The Ambassador to Ukraine, Marie Yovanovitch, expressed this opinion in an interview with the publication Censor.net.

    "Since the Maidan, and before that, obviously there have been demonstrations and protests in Ukraine, and I think it’s an important example of how the Ukrainian people are able to express …

  • Chubarov: freeing of Umerov and Chiygoz is not a concession but Russia’s implementation of the demands of UN courts

    The People's Deputy of Ukraine and Chairman of Mejlis of the Crimean Tatar people, Refat Chubarov said during a press briefing on Wednesday, October 25 that the release of Ilmi Umerov and Akhtem Chiygoz relates to the decision of the International Court of Justice."There is no concession on the part of Putin. This is a partial fulfillment by them of the decision they cannot fail to fulfill. It is the interim decision of the International Court of Justice from April 2017 on two conventions …