Ukrainian Finance Minister: We are not in urgent need of funds from the IMF
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 …
Lutsenko: Yefremov's arrest shows that Ukraine is recovering
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 …
Food prices in Russia have risen 31.6 percent since August 2014
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 …
Despite visit by French MPs, French Foreign Ministry reaffirms stance that Crimea is Ukrainian territory
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 …
143 shipping containers were not allowed to cross the border from Ukraine to Russia
143 railway shipping containers filled with Ukrainian goods, which were headed to Kazakhstan and Kyrgyzstan, were detained at the Russian border, the press service of the Ukrainian Ministry of Economic Development and Trade of Ukraine.
It was reported that as of the morning of August 1, 2016, 143 railway cars, which were going to Kazakhstan and Kyrgyzstan, were detained at the Ukraine-Russia border. "106 of these cars were sent to an alternate route, 33 cars were redirected to a receiving …