TUESDAY, FEBRUARY 18, 2020
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Kazakhstan reportedly backing Kiev in trade dispute with Moscow

KIEV, Dec. 24 - Kazakhstan supports Ukraine in the situation with the Russian food embargo and assured that it will not use similar measures, Ukrainian Finance Ministry Trade Representative Natalia Mykolska said.

Rada passes compromise tax bill establishing 22% social security rate

KIEV, Dec. 24 Ц Parliament has passed a compromise bill amending the Tax Code (No. 3688) on provision of the balance of budget revenues in 2016, which envisages setting 22% single social security tax and revoking the 3.6% single social security tax imposed on salaries of employees, starting from 2016.

Rada accedes to 2016 IMF budget demands

KIEV, Dec. 25 - The Ukrainian parliament on Friday adopted a budget for next year with a deficit of 3.7 percent of GDP, crucial for unlocking much needed aid from the International Monetary Fund and Western countries.

Metinvest seeking payment moratorium on $1.125 billion of LPNs

KIEV, Dec. 25 - Metinvest B.V. (the Netherlands), the parent company of the Metinvest international vertically integrated mining and steel group, has proposed that holders of its loan participation notes worth $1.125 billion approve the imposing of a moratorium on any payments on the securities until May 27, 2016.

И200 million EBRD hydropower loan to be registered to Ukrhydroenergo

KIEV, Dec. 25 Ц The loan of EUR 200 million from the European Bank for Reconstruction and Development to Ukraine to rehabilitate hydro power plants approved in 2012 will be re-registered to the government-secured loan issued to Ukrhydroenergo with the reduction of the sum to EUR 180 million and extension of the termination of the credit limit from 2018 to 2021.

IFC to provide $200 million for Naftogaz to buy from France's ENGIE

KIEV, Dec. 25 Ц The International Finance Corporation of the World Bank group would provide a trade finance facility of up to $200 million for the period of up to one year to buy natural gas from France's ENGIE (earlier GDF SUEZ) by Naftogaz Ukrainy under a framework contract signed by the companies.

Kiev's Ukrinbank declared insolvent by National Bank of Ukraine

KIEV, Dec. 25 Ц Ukrinbank has been declared insolvent by the National Bank of Ukraine.

The decision is outlined in NBU resolution No. 934 of December 24.

No talk of sanctions against Ukraine, Russian official says

MOSCOW, Dec. 25 Ц Russia is canceling the preferential trade regime with Ukraine, but there is no talk about sanctions against the country, the Russian Economic Development Ministry said.

Trade group calls for introduction of И50/ton metals export duty

KIEV, Dec. 28 Ц The Ukrtrubprom association of pipe companies (Dnipropetrovsk) has said that supply of scrap ferrous metal to metal companies has worsened and its exports have increased.

Government gives UAH1.01 billion VAT refund to Zaporizhstal

KIEV, Dec. 28 Ц Overdue debt on VAT refunding of UAH 1.014 billion was paid to Zaporizhia Steel Works Zaporizhstal, one of the largest taxpayers of Ukraine and Zaporizhia region.

Currencies (in hryvnias)
  18.02.2020 prev
USD 24.45 24.45
RUR 0.385 0.385
EUR 26.50 26.49

Stock Market
  17.02.2020 prev
PFTS 527.6 527.6
source: PFTS


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