• Kyiv: Ukraine can sustain public debt payments without IMF’s assistance

    Ukraine's international reserves are sufficient to meet public debt payments until the end of 2020, said the Governor of the National Bank of Ukraine, Yakiv Smolii, the bank’s press service reported.

    "The volume of Ukraine's international reserves is enough to go through a period of peak payments on public debt until the end of 2020 and without external financing but further prospects for the country’s economic growth will directly depend on progress in the implementation of structural reforms, …

  • US State Department commends the creation of an anti-corruption court in Ukraine

    The United States commends Ukraine for adopting a law on the Anti-Corruption Court and emphasizes the need to amend the law that will ensure this court considers existing cases under its jurisdiction, stated US State Department spokesperson Heather Nauert.

    "The United States commends Ukraine for adopting a law to establish an independent anti-corruption court. We were pleased to see this important piece of legislation passed with broad support in the Verkhovna Rada. With this move, Ukraine …

  • Ukrainian Defense Minister proposes that Ukraine buy American Patriot air defense systems

    During a government meeting ,the Minister of Defense of Ukraine, Stepan Poltorak offered to buy five divisions of Patriot anti-aircraft defense systems with funds seized during anti-smuggling operations that are to be transferred to the state budget, the Ukrainian TV channel 24 reports.

    "$4 billion would be enough for us to buy five divisions of Patriot air defense systems and completely cover the border with Russia," Poltorak said.

    The United States decided to supply weapons to Ukraine in …

  • Head of the German security agency accuses Russian hackers of attacking country’s power grid

    Hans-Georg Maassen, who currently serves as President of Germany’s Federal Office for the Protection of the Constitution, blamed Russia for a recent large-scale cyberattack on German power grids and energy companies in an interview with media group Redaktionsnetzwerk Deutschland’s newspaper. 

    "The modus operandi is in fact only one of [multiple] indications that point to Russian control of the attack campaign," he said. Hans-Georg Maassen did not reveal details of the investigation.

    Germany’s …

  • Washington warns Russia and Damascus of ‘serious repercussions’ if ceasefire in Daraa de-escalation zone continues to be violated

     “The U.S. remains troubled by reports of increasing Syrian regime operations in southwest Syria within boundaries of de-escalation zone negotiated between U.S., Jordan and Russia. U.S. continues to warn both Russia and the Assad regime of the serious repercussions of these violations,” wrote the US state department spokesperson, Heather Nauert, on Twitter.

    In a statement issued by the US State Department's press service, Washington warned Moscow and Damascus about "serious repercussions" if …