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The European Parliament approved a package of aid to Ukraine by 1.8 billion euro.

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Committee on Foreign Trade European Parliament approved draft report Gabrieliusa Landsbergis (People’s Party group, Lithuania) to provide macro-financial assistance to Ukraine in the amount 1,8 billion euro. «Today’s decision proves the existence of a strong consensus among the political forces in the European Parliament for approval this unprecedented large package…

Gross external debt of Ukraine in 2014 decreased by 11.1%.

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Gross external debt of Ukraine in 2014 decreased by $ 15.77 billion or 11.1% – up to $ 126.31, according to the National Bank of Ukraine. At the same time due to the devaluation of the hryvnia and downs of the economy, the ratio of gross external debt to GDP…

Turkey will provide Ukraine $ 50 million to cover the budget deficit.

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Turkey has provided Ukraine $ 50 million to cover the budget deficit. This was announced by the President of Ukraine Petro Poroshenko after talks with Turkish President Recep Tayyip Erdogan in Kiev on Friday, March 20. «We are also grateful for the provision of $ 10 million of humanitarian aid…

The monetary base in Ukraine in February 2015 increased by 1.5%.

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The monetary base in Ukraine after falling 1.9% in January rose in February by 1.5% – up to 331.6 billion UAH, and cash out of banks – just 3.5%, to 283.8 billion UAH. According to the National Bank of Ukraine, the money supply over the past month increased by 21.5%…

Fitch predicted growth of international reserves in Ukraine.

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Rating agency admits that the end of 2015 reserves Ukraine could reach $ 13 billion. International reserves of Ukraine the favorable developments may reach $ 13 billion this year, according to Senior Director of Fitch Paul Roukins. Roukins suggested that this amount «seems big enough» to help Ukraine cope with…

Ukraine and Germany agree on March 17 release of 500 million euro loan.

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This was announced by Deputy Prime Minister – Minister of Regional Development, Construction and Housing and Communal Services of Ukraine Gennadiy Zubkov. «During a meeting with German Chancellor Angela Merkel discussed the relative attraction of the loan KFW Bank to recover the eastern part of Ukraine, as well as uses…

China is ready to invest $ 3.6 billion in coal enterprises of Ukraine.

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The Ukrainian government has consulted with Chinese financial institutions that have confirmed their readiness to allocate funds in the amount of $ 3.6 billion for completion and modernization of the mines. Subsidies to the coal industry does not provide state budget of Ukraine in 2015, while China is ready to…

The IMF expects Ukraine’s GDP growth of 2% in 2016.

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In 2015 GDP will shrink by about 5.5%, with inflation up to 27%. Restoration of GDP growth to 2% is expected in 2016. Real gross domestic product of Ukraine is expected to decline in 2015 by approximately 5.5%, with inflation up to 27% in response to the devaluation of the…

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