Ukraine plans to attract $2 billion in borrowings on foreign markets in 2018 and 2019

Ukraine plans to attract $4 billion in borrowings on foreign markets in 2018 and 2019, Finance Minister Oleksandr Danylyuk told reporters at the 14th annual Yalta European Strategy meeting.

“We plan, and this is in the IMF program, to raise $2 billion in 2018 and another $2 billion in 2019. This is our benchmark. Of course, the amounts could ultimately differ,” the minister said.

Next week Ukraine is scheduled to issue the first eurobonds in 3 years. The proceeds are expected to be used to …


UN delays discussion on withdrawal of Russian troops from Transnistria

According to UN Press-Secretary Brenden Varma, consideration of including an item on the withdrawal of Russian troops from Transnistria in the agenda of the UN General Assembly has been postponed until October.

The General Committee decided to postpone discussions on this issue in connection with an agreement between the parties concerned. Varma said that the "concerned parties" are Russia and Moldova.

In August, Moldova asked the UN Secretary General in an official letter to include the …


Russia uses its newest T-27B3 tanks at Zapad 2017 military exercises

The forces of Russia’s Western Military District (WMD) have mobilized T-72B3 tanks with the latest modifications as part of the Zapad 2017 strategic exercises. The maneuvers were the first time the tanks were tested on a large scale, the military district’s press service announced this on Sunday.

“The Zapad 2017 joint strategic exercises were the first large-scale test for the crews of the T-72B3 tanks with the latest modifications, which became part of the armament of the Western Military …


US special representative for Ukraine Volker and Putin’s aide Surkov to meet in October

US Special Representative for Ukraine Kurt Volker will meet with Russian Presidential Advisor Vladislav Surkov again in October.

Volker mentioned this while speaking at the 14th annual Yalta European Strategy (YES) session, organized by the Viktor Pinchuk Foundation, LB.ua reported.

“I have visited the conflict line in Adviivka… I hope to go to the city again on the Ukrainian side… As for the other side of the demarcation line, we will need to coordinate with those people – that’s why I met …


Head of European Bank of Reconstruction and Development: Corruption prevents bringing Ukrainian economy out of the darkness into light

Ukraine needs to strengthen its fight against corruption and continue reforms, the President of the European Bank of Reconstruction and Development (EBRD), Suma Chakrabarti, believes.

"European studies indicate the progress made in Ukraine. According to the American Chamber of Commerce, there are more investments and invertors now in Ukraine than ever, but we must admit: this is still not enough. The country has to do much more to strengthen the rule of law and respect of ownership, as well as …