NEW YORK, Sept. 28 - Ukrainian President Petro Poroshenko has met with German Federal Chancellor Angela Merkel, French President Francois Hollande and British Prime Minister David Cameron in New York City to coordinate positions ahead of a 'Normandy format' meeting due in Paris on October 2, an Interfax-Ukraine correspondent has reported.

MOSCOW, Sept. 28 - Russia on Monday said it would close its airspace to Ukrainian airlines from October 25 in reprisal for a ban that Ukraine has slapped on two Russian firms, AFP reported.

KIEV, Sept 28 - Energy Minister Volodymyr Demchyshyn indicated on Monday that the price Ukraine was willing to pay Russia for gas supplies in the fourth quarter was less than $228, a price lower than Russia had earlier announced, Reuters reported.

KIEV, Sept. 25 – Standard & Poor's Ratings Services has lowered its long- and short-term foreign currency sovereign credit ratings on Ukraine to 'SD' (selective default) from 'CC/C'. At the same time it affirmed its 'CCC+/C' long- and short-term local currency ratings.

ODESSA, Sept. 25 – The macroeconomic situation in Ukraine will stabilize in 2016, predicts Nomura International analyst Timothy Ash.

"Our expectations on macroeconomic stabilization have come true. Despite the large deficit of the budget, the balance of solvency is becoming stable, outflow of capital fell, payments are settled and stabilization is growing," he said at the Odessa Financial Forum.

NEW YORK, Sept. 28 – The $5 million each day Ukraine spends on the military conflict in Donbas could have been invested into sustainable development, President Petro Poroshenko said.

KIEV, Sept. 28 – The European Commission will provide $500 million to Ukraine for the purchases of Russian gas until the end of 2015.

"The European Commission continues its efforts towards organixing, through European and international financial institutions, the necessary financing for gas purchases by Ukraine during the winter period, as part of which at least $500 million should be available by the end of this year," reads a press release of the European Commission issued on Saturday.

KIEV, Sept. 28 – Holders of in excess of 50% of the outstanding principal amount across the 2016 Notes, 2017 Notes and 2018 Notes of Metinvest B.V. have formed an ad hoc committee, Metinvest announced.

KIEV, Sept. 25 – Ukraine will not declare a default because it has all the resources needed to honor its domestic and foreign commitments, Prime Minister Arseniy Yatseniuk said.

KIEV, Sept. 26 – Prime Minister Arseniy Yatseniuk has said that the European Union must immediately convene a meeting to elaborate a single energy policy, in particular, regarding a possibility of reverse gas supplies to Ukraine.