IMF: New tranche for Ukraine only possible once Ukraine has fulfilled its obligations

The fourth revision of the International Monetary Fund’s (IMF) program as part of the Extended Fund Facility (EFF) will be possible only once the Ukrainian authorities have fulfilled the obligations they have taken on, said IMF permanent representative Gösta Ljungman.

“A fourth revision of the IMF board of executive directors’ program will be possible only after the necessary measures are taken for completing this revision. It will focus on pension reform, on measures aimed at speeding up …


Ukrainian eurobonds six times oversubscribed

“The first Ukrainian sovereign Eurobond placement after a long interval, the results of which are now being presented, caused a sharp dispute among investors – it was six times oversubscribed,” said Ukrainian President Petro Poroshenko.

“This is clear evidence of the fact that today the entire world is voting with its money to trust Ukraine and the effectiveness of our reforms,” he said at a meeting with leaders of the Ukrainian community in New York on Monday.

The Ukrainian government has …


Withdrawal of Russian troops from Transnistria included on agenda of UN General Assembly

The UN General Assembly included on its agenda the issue of “the complete withdrawal of foreign troops from the territory of the Republic of Moldova”, as reported by the press service of the Ministry of Foreign Affairs and European Integration of Moldova.

“The Foreign Ministry reports that the Republic of Moldova’s statement about including on the agenda of the 72nd General Assembly of the United Nations the additional issue of the complete withdrawal of foreign troops from the territory of …


Two Russian planes violate Lithuanian air space during Zapad-2017 exercises

On Saturday, September 16, two Russian Il-76 military transport planes flew into Lithuanian air space, Delfi news agency reported, citing information from the Lithuanian Defense Ministry.

It was reported that the aircraft were over Lithuanian territory for a period of two minutes. They were sent from the Russian mainland to one of the airfields in the Kaliningrad region.

On Monday, the Lithuanian Foreign Ministry registered a protest with the Russian ambassador in connection with the incident, …


Ukrainian ambassador to Turkey: Russia's Gazprom will stop at nothing to go through with Turkish Stream project

Gazprom is accelerating the construction of the Turkish Stream gas pipeline, at a time when the United States’ willingness to use sanctions on the project is in question writes Ukrainian Ambassador to Turkey Sergey Korsunsky article for the Zerkalo Nedeli newspaper.

The author notes that at the start of September, Swiss Allseas Group S.A., which was contracted to lay the most complicated sea stretch of the gas pipeline, was joined by the British company Petrofac, which has signed a contract to …