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Group predicts 10% increase for Ukraine organic farmland in 2017

KIEV, Jan. 27 The area of certified farmland under organic production in Ukraine could increase by 10% in 2017, to 450,000 hectares, according to the Organic Ukraine union of organic goods producers.

Poroshenko calls on Ukrainians to increase exports of weaponry

KIEV, Jan. 27 President Petro Poroshenko said Ukraine needs to increase its weapons exports and upgrade the production facilities of its defense enterprises.

NBU lowers 2017 payments balance surplus forecast to $1.1 billion

KIEV, Jan. 27 The National Bank of Ukraine has lowered its forecast for the surplus of Ukraine's consolidated balance of payment for 2017 to $1.1 billion compared to the preliminary forecast of $1.2 billion issued in October 2016, while for 2018 it was improved from $3.8 billion to $4 billion.

Cabinet approves Kerch Strait passage agreement with Russia

KIEV, Jan. 30 - The Ukrainian cabinet has approved an agreement with the Russian government on joint efforts towards the construction of a passage across the Kerch Strait, acting Deputy Prime Minister Oleksandr Vilkul said.

Visegrad Group statement condemns 'cycle of violence' in Ukraine

KIEV, Jan. 30 - The Visegrad Group, an alliance of four Central European countries (the Czech Republic, Hungary, Poland, and Slovakia) aimed at promoting European integration and cooperation, has expressed its concern about the use of force in Ukraine during mass protests.

Transparency group cites high Ukraine defense sector corruption level

KIEV, Jan. 29 - The British branch of Transparency International, in a report released on Tuesday included Ukraine in the group of countries with high levels of corruption in the defense sector.

Shell and Nadra Yuzovska to get extensive tax breaks under PSA

KIEV, Jan. 29 - Shell and Nadra Yuzovska LLC have been released from environmental taxes, fees for special water use, land payments, customs fees, rental fees for gas production, markups on the current gas tariff and fees for obligatory pension insurance for the development of Yuzovske deposit (Kharkiv and Donetsk regions).

Ukraine must move toward fiscal consolidation, says IMF director

KIEV, Jan. 29 - Ukraine will need new steps towards fiscal consolidation, as well as changes in the exchange rate and tariff policies to achieve progress in talks with the International Monetary Fund, IMF Deputy Executive Director Yuriy Yakusha, representing Ukraine in the fund, said in a letter.

Ukraines GDP growth hit 5.2% in 2011, according to government

KIEV, Jan. 30 The growth in Ukraine's real gross domestic product accelerated to 5.2% in 2011 from 4.2% in 2010, the State Statistics Service reported on Monday.

The service said that in the fourth quarter of 2011, the pace of growth, compared to the same period in 2010, slowed to 4.6%, from 6.6% in the third quarter.

Ex-Naftogaz chief: Transition to alternatives better than gas talks

DAVOS, Jan. 27 The steps Ukraine is taking to reduce Russian natural gas consumption by transitioning to alternative gas suppliers, other energy resources and active energy conservation will be much more effective than attempting to lower the price through negotiations, ex-head of Ukraine's national oil and gas company Naftogaz Ukrayiny Oleksiy Ivchenko said.

    Archive of Business
Currencies (in hryvnias)
  23.03.2018 prev
USD 26.25 26.28
RUR 0.462 0.457
EUR 32.33 32.29

Stock Market
  22.03.2018 prev
PFTS 355.0 355.0
source: PFTS


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