Overall, exports have fallen by 11% over the first five months in 2016, but exports to EU countries have increased by 4.5%.

In the first five months of 2016, the export of goods from Ukraine fell by 11.5% in comparison to the same period in 2015, and made $13.7 billion, the Ministry of Economy reports.

“The results of the first five months of 2016, as compared with the same period in 2015, show that the export of goods fell by 11.5% and made $13.7 billion. A significant slowdown in the …

Ukraine does not have an urgent need for the International Monetary Fund’s (IMF) money. This was said by the Ukrainian Minister of Finance, Olexandr Danylyukin on Persha Shpalta TV program of Ukrainian 1TV channel.

“The issue at the moment is not the money that we may need from the IMF. We don't have a need for it now as our reserves, which include our gold and foreign currency, are stable. However, we may have a need for these funds in a few months’ time. We are working with the IMF not only …

Prosecutor General Yuriy Lutsenko says that the decision of the Pechersky district court of Kyiv to keep Oleksandr Yefremov in custody demonstrates Ukraine’s recovery. “The decision of the court shows the recovery of Ukraine. Thank you all for supporting the legal decision,” Lutsenko wrote on his Facebook page on Monday.

Yefremov, the former Chairman of the Party of Regions faction in the Verkhovna Rada of Ukraine, was arrested and detained on July 30th on suspicion of infringement on the …

Since August of 2014, when Moscow first imposed a food embargo on countries that had imposed economic sanctions on Russia, food prices have risen by 31.6%, according to the Ministry of Economic Development, RBC reported.

“The introduction of food countersanctions to restrict imports in August 2014 was an important factor in the growth of food prices in late 2014 and early 2015, which resulted in imbalance and a reduction in competition. For two years, food prices rose by 31.6%,” a …

A comment about the non-recognition of the Crimea’s annexation was published on the website of the French Ministry of Foreign Affairs on August 1st as a response to last week’s visit by French deputies to the peninsula.

"Redrawing the borders is contrary to international law. Therefore, the international community, the EU and France do not recognize the illegal annexation of the Crimea. This clear position can in no way be called into question neither by travels, nor by the statements which …