The World Bank lowered its estimate of the fall of Ukraine’s GDP in 2014 to 8.2% in comparison with its latest estimate of 8% in October, according to the publication «Global Economic Prospects». «Ukraine’s economy is facing the prospect of high level of uncertainty in the baseline scenario which assumes…
The International Monetary Fund can give Ukraine the money immediately after the end of the mission. Upon completion of the IMF mission in Kiev the IMF can provide financial assistance to Ukraine in February. IMF may alleviate some of the requirements for exchange rate flexibility, non-interference in the formation of…
Deputy Head of the Presidential Administration of Ukraine Valeriy Chaliy considers possible completion until 2016 ratification of the Association Agreement between Ukraine and the European Union all EU countries. «12 countries have already ratified the agreement on association and if this will continue even in this year you can go…
Ukrainian authorities have requested the International Monetary Fund to open new multi-year program support the expansion of credit (extended fund facility) to replace the existing program stand by (two-year program with a deadline for completion in 2016 and funding of $ 17 billion) opened in the spring of 2014, said…
According to preliminary data in 2014 Ukraine has collected nearly 63.8 million tons of grain and leguminous crops which is 2.4% more than in 2013 according to State Statistics Service of Ukraine. According to the statistics service including threshed wheat in the last year increased by 9.9% – to 24.1…
The Commission began work on third program of macro-financial assistance Ukraine. The next tranche of aid to Ukraine in the amount of 500 million euros in the second macro-financial assistance program of the EU Commissioner for Economic and Monetary Affairs, Pierre Moscovici called the testimony of solidarity with the Ukrainian people….
EBRD has approved an additional allocation of credit in the amount of 350 million euros to build new confinement at the Chernobyl nuclear power plant. EBRD Board of Directors approved additional funding for the project of building safe confinement at the site. The Board of Directors is the principal decision-making…
Ukraine and the European Investment Bank (EIB) signed an agreement on the financing of the modernization of the main gas pipeline Urengoy-Uzhgorod- Pomar in the amount of 150 million euros. The corresponding agreement was signed by the Prime Minister and the President EIB. As reported the Cabinet of Ministers of…
This will be the last tranche of Europe this year. European Union before the end of December will provide Ukraine tranche of 500 million EUR macro-financial assistance as part of the previously agreed program of financial assistance, totaling $ 1.7 billion.This was announced by the European Commissioner for Enlargement Neighbourhood Policy…
The European Union will provide Ukraine 55 million euros for decentralization and reform. This is stated in the report of the EU Delegation in Ukraine. European Commissioner for Enlargement and European Neighbourhood Policy Johannes Hahn and Valery Pyatnitsky Acting Minister of Economic Development and Trade of Ukraine, signed a financial…
