Swiss ambassador: corruption is the main hurdle for investors in Ukraine

Corruption and the absence of the rule of law in Ukraine are serious problems for potential foreign investors, stated the Swiss Ambassador to Ukraine and Moldova, Guillaume Scheurer, during his interview with Interfax-Ukraine.

"Corruption is an issue. It is a fact that there is no respect for the rule of law. These are the two elements that make many businessmen somehow uncertain about coming to Ukraine. They are ready to deal with competition, business issues and production problems, but not …


Merkel asks Putin why Russian officers left Joint Center for the Control and Coordination in Donbas

The President of Russia, Vladimir Putin, spoke on the phone with the Chancellor of Germany, Angela Merkel. The Kremlin's website indicated that the politicians discussed the situation in the Donbas. Merkel asked her Russian colleague why Russian officers left the Joint Center for Control and Coordination for the ceasefire and stabilization of the Contact Line (JCCC).

In response, Putin accused the Ukrainian authorities “who had made it difficult for the Russian military to work because of …


SBU detains one of its employees for spying for Russia

The Security Service of Ukraine (SBU) exposed a senior expert adviser from its central departments that had been cooperating with the Russian special services, as reported on the SBU website.

"The SBU operatives found that the Lieutenant Colonel had been handing over the classified information to the representatives of the aggressor country. He also assisted the Russian special services in conducting espionage and subversive activities to the detriment of the national security of Ukraine," the …


US allocates $250 million loan to Ukraine for nuclear waste storage

The Ministry of Finance of Ukraine, the state company Energoatom, the US Government's Overseas Private Investment Corporation (OPIC) and the Central Storage Safety Project Trust bank have signed a loan agreement for $250 million for the construction of a used nuclear fuel storage facility in Ukraine, the country's Ministry of Finance website has reported. The loan has been granted for a term of 20 years.

The Ministry noted that this project will allow Ukraine to renounce its use of Russia's …


Swedish Finance Minister: Stockholm made a mistake accepting so many refugees

The Swedish finance minister, Magdalena Andersson, in a Friday interview for the newspaper Dagens Nyheter said that Sweden made a mistake by accepting thousands of asylum seekers in 2015.

It is the first such statement of the politician from the ruling Sweden’s Socialist Working Party, whose coalition government together with the Green Party, welcomed over 163 thousand asylum seekers in 2015.

"The integration [of immigrants] does not go as it should. We had a problem with it before the autumn …