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Survey: economists not convinced by Kremlin’s predicted ‘surge’ in Russian economy
The miraculous economic “surge” that the Russian government predicts will start in the 2020s and bring Russia into the world’s top 5 economies remains a chimera in the eyes of most economists, finanz.ru writes.
A survey of professional economic forecasters conducted by the Moscow-based Higher School of Economics at the end of April, involving 11 Russian and foreign investment banks, seven analysis centers, two institutes of the Russian Academy of Sciences and major corporations such as Lukoil …
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Moldovan President Dodon promises to ask Constitutional Court’s permission to dissolve parliament if it fails to create a parliamentary majority
Moldovan President Igor Dodon said that he would ask the Constitutional Court to dissolve parliament if fails to create a parliamentary majority. The head of state made the announcement Thursday evening on Moldovan television channel N-4.
“In June, I will appeal to the Constitutional Court to ask if there are grounds to dissolve a parliament that is not operational and does not have a ruling majority. I will then call the parliamentary party leaders to hold early elections.” Dodon said.
The …
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Kyiv: Ukraine will impose new sanctions against Russia if it refuses to release Ukrainian sailors
Ukraine will introduce new sanctions against Russia if it ignores the decision of the International Tribunal for the Law of the Sea to free the Ukrainian sailors.
“Ukraine secured a decisive diplomatic victory and a powerful additional international legal trump card in order to achieve the earliest possible release of our sailors,” Ukrainian Ambassador to Germany Andriy Melnyk said about the tribunal’s decision while discussion the matter with Ukrinform.
"If Moscow decides to ignore this …
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European Investment bank provides 200 million Euro loan to Ukraine
The European Investment Bank (EIB) granted the Cabinet of Ministers of Ukraine a long-term loan with low interests in an amount of 200 million euros as part of the project “Emergency Credit Program to Restore Ukraine,” reports Interfax-Ukraine.
These funds will be invested in the restoration of key infrastructure in the Donetsk and Luhansk regions, as well as to provide proper living conditions for internally displaced persons.
The corresponding financial agreement between Ukraine and the EIB …
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IMF confirms readiness to cooperate with new Ukrainian government
IMF representative Gerry Rice confirmed that the Fund is ready to continue cooperation with a new government in Ukraine as soon as it is formed.
"When the government will be formed following the elections, we will be ready to continue the discussion about our further partnership with Ukraine," said Rice.
He also confirmed that the IMF mission, which came to Kyiv for two weeks to assess the reforms, continues its work and will not return to Washington ahead of schedule, as several media …